YIT - Company Announcement

Notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares

Helsinki, Finland, 2016-01-22 15:30 CET (GLOBE NEWSWIRE) -- YIT CORPORATION    
         STOCK EXCANGE RELEASE     JANUARY 22, 2016 AT 4:30 P.M. 



Notification according to Chapter 9, Section 10 of the Securities Markets Act
of change in holdings in YIT Corporation shares 

YIT Corporation has on January 22, 2016 received an announcement under Chapter
9, Section 5 of the Securities Markets Act, according to which the holding of
BlackRock, Inc. and its funds in YIT has exceeded the threshold of 5 per cent. 

According to the announcement, the holding of BlackRock, Inc. and its funds in
YIT has on January 21, 2016 increased to 6,508,078 shares, corresponding to
5.11 per cent of YIT's shares and voting rights. 

YIT has one share series, each share entitling to one vote. YIT’s registered
total number of shares amounting to 127,223,422 has been used in the
calculation of percentages for the announcement. 

Total positions of BlackRock, Inc. and its funds subject to the notification:

Date                             % shares and  % of shares and voting     %     
                                  voting        rights through financial   total
                                  rights        instruments                     
--------------------------------------------------------------------------------
Resulting situation on the date         2.33%                      2.77%   5.11%
 on which threshold was crossed                                                 
 or reached                                                                     
--------------------------------------------------------------------------------
Position of previous             Below 5%      Below 5%                   Below 
 notification (if applicable)                                              5%   
--------------------------------------------------------------------------------

Notified details of the resulting situation on the date on which the threshold
was crossed: 

A: Shares and voting rights:

Class/type of  Number of shares and               % of shares and               
 shares         voting rights                      voting rights                
ISIN code (if                                                                   
 possible)                                                                      
--------------------------------------------------------------------------------
               Direct                Indirect     Direct             Indirect   
               (SMA 9:5)             (SMA 9:6     (SMA 9:5)          (SMA 9:6   
                                      and 9:7)                        and 9:7)  
--------------------------------------------------------------------------------
FI0009800643                           2,971,915                           2.33%
--------------------------------------------------------------------------------
SUBTOTAL A                2,971,915                           2.33%             
--------------------------------------------------------------------------------

B: Financial instruments according to SMA 9:6a:

Type of        Expirat  Exercise/     Physical or   Number of       % of shares 
 financial     ion       Conversion    cash          shares and      and voting 
 instrument     date     Period        settlement    voting rights   rights     
--------------------------------------------------------------------------------
Securities     N/A      N/A           Physical             361,412         0.28%
 Lent                                                                           
--------------------------------------------------------------------------------
CFD            N/A      N/A           Cash               3,174,751         2.49%
--------------------------------------------------------------------------------
                                      SUBTOTAL B         3,536,163         2.77%
--------------------------------------------------------------------------------



For further information, please contact:

Sanna Kaje, Vice President, Investor Relations and M&A, YIT Corporation, tel.
+358 50 390 6750, sanna.kaje@yit.fi 




YIT CORPORATION

Sanna Kaje
Vice President, Investor Relations and M&A



Distribution: NASDAQ OMX, major media, www.yitgroup.com

YIT is a construction industry leader. We create better living environments in
Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland.
Over 100 years of experience have secured us a strong market position: we are
the largest housing developer and one of the largest business premises and
infrastructure developers in Finland, and the most significant foreign housing
and area developer in Russia. Our vision is to stay one step ahead – while
taking care of our customers, partners and personnel. We have nearly 6,000
employees in eight countries. In 2014, our revenue amounted to around EUR 1.8
billion. Our share is listed on NASDAQ OMX Helsinki. www.yitgroup.com