YIT - Corporate Action

INCREASE IN YIT'S SHARE CAPITAL AS A CONSEQUENCE OF SHARE SUBSCRIPTIONS WITH SHARE OPTIONS

YIT CORPORATION		JUNE 26, 2007                                          

CORPORATE RELEASE 		CORPORATE ACTION                                            


INCREASE IN YIT'S SHARE CAPITAL AS A CONSEQUENCE OF SHARE SUBSCRIPTIONS WITH    
SHARE OPTIONS                                                                   

From April 23 to June 15, 2007 a total of 7,410 YIT shares were subscribed for  
on the basis of the Series E share options, a total of 37,736 shares on the     
basis of the Series F share options, a total of 1,000 shares on the basis of the
Series K share options and a total of 100 shares on the basis of the Series L   
share options. The increase in the share capital as a consequence of these share
subscriptions, totalling EUR 305,047.40, was entered in the Trade Register on   
June 26, 2007. The subscription price will be used in full to increase the share
capital. Following the increase, YIT's share capital is EUR 146,993,891.32 and  
the number of shares outstanding is 126,898,506. 
                               
The new shares confer all shareholder rights as from the date of registration,  
June 26, 2007, and they will be accepted for public trading on Helsinki Stock   
Exchange together with the existing shares. The objective is that trading in the
shares will commence on June 27, 2007.                                          

In 2007 YIT Corporation shares can be subscribed for on the basis of Series E   
and F share options issued in 2004 and Series K and L share options issued in   
2006. Max. 128,538 shares can still be subscribed for with Series E share       
options, max. 187,768 shares with Series F share options, max. 240,800 shares   
with Series K share options and max. 593,360 shares with Series L share options.

The subscription price with the Series E options is EUR 6.80 per share, with the
Series F options EUR 6.15 per share and with Series K and L options EUR 20.53   
per share.                                                                      

The terms and conditions of the share option programmes as a whole are presented
on the company's internet site www.yitgroup.com.                                


YIT CORPORATION                                                                 



Veikko Myllyperkiö                                                              
Vice President, Corporate Communications						                                  
For additional information, contact:                                            
Marja Salo, Director of Administration, tel. +358 20 433 2470, marja.salo@yit.fi
Jaakko Mäkynen, Vice President, Finance, tel. +358 20 433 2307,                 
jaakko.makynen@yit.fi                                                           

Distribution:                                                                   
Helsinki Stock Exchange, principal media, www.yitgroup.com