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, 2016-02-11 15:30 CET (GLOBE NEWSWIRE) -- YIT CORPORATION    
         STOCK EXCHANGE RELEASE     FEBRUARY 11, 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 February 11, 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 gone below the threshold of 5 per
cent. According to the announcement, the holding had gone below the threshold
on February 10, 2016. 

YIT announced on February 1, 2016 that the holding of BlackRock, Inc. and its
funds had increased to 5.17 per cent (6,587,076 shares) 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  Below 5%      Below 5%                   Below 
 on which threshold was crossed                                            5%   
 or reached                                                                     
--------------------------------------------------------------------------------
Position of previous             2.46%         2.71%                      5.17% 
 notification (if applicable)                                                   
--------------------------------------------------------------------------------

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                         Below 5%                        Below 5%   
--------------------------------------------------------------------------------
SUBTOTAL A     Below 5%                           Below 5%                      
--------------------------------------------------------------------------------

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      Below 5%        Below 5%    
 Lent                                                                           
--------------------------------------------------------------------------------
CFD            N/A      N/A           Cash          Below 5%        Below 5%    
--------------------------------------------------------------------------------
                                      SUBTOTAL B    Below 5%        Below 5%    
--------------------------------------------------------------------------------



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 that creates sustainable urban
environments by constructing housing, business premises, infrastructure and
entire areas. We focus on providing a first-class customer experience, high
quality and continuous development of our diverse expertise. Our operating area
covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and
Poland. Our vision is to stay one step ahead – while caring for our customers,
partners and personnel. We have over 5,300 employees in eight countries. In
2015, our revenue amounted to nearly EUR 1.7 billion. Our share is listed on
Nasdaq OMX Helsinki. www.yitgroup.com