YIT - Major shareholder announcements

NOTIFICATION OF CHANGE IN HOLDINGS UNDER CHAPTER 2, SECTION 9 OF THE FINNISH SECURITIES MARKET ACT

YIT CORPORATION       STOCK EXCHANGE RELEASE        MAY 19, 2008 AT 16:30       

NOTIFICATION OF CHANGE IN HOLDINGS UNDER CHAPTER 2, SECTION 9 OF THE FINNISH    
SECURITIES MARKET ACT                                                           

YIT Corporation has on May 19, 2008 gained knowledge of notification under the  
Finnish Securities Market Act stating that following a share transaction on May 
7, 2008 holdings of the entities belonging to Julius Baer Holding Ltd's group of
companies was increased to over 5% of YIT Corporation's shares and votes. The   
companies hold total of 6,437,587 YIT shares which equals to 5.06 per cent of   
YIT Corporation's shares.                                                       

Attached notification sent by Julius Baer Holding Ltd.                          
For additional information, contact:                                            
Petra Thorén, Senior Vice President, Investor Relations, YIT Corporation, 
+358(0)40 764 5462, petra.thoren@yit.fi 


YIT CORPORATION                                                                 

Juha Kostiainen                                             
Senior Vice President, Corporate Communications and Business Development        



Distribution: OMX Nordic Exchange Helsinki, major media, www.yitgroup.com

Attachments:

julius baer announcement.pdf