ILKKA BROTHERUS RE-ELECTED AS CHAIRMAN O

STOCK EXCHANGE RELEASE, MARCH 19, 2003, 09:00

ILKKA BROTHERUS RE-ELECTED AS CHAIRMAN OF YIT’S BOARD OF DIRECTORS

At its organizational meeting on March 19, 2003, YIT Corporation's Board of Directors re-elected Ilkka Brotherus, M.Sc. (Econ.), managing director of Sinituote Oy, as its chairman. Ilkka Brotherus was a member of YIT’s Supervisory Board from 1998 to 2000, a Board member since 2000 and the chairman of the Board since 2002. He is the biggest private shareholder in YIT Corporation.

Eino Halonen, managing director of Suomi Mutual Life Assurance Company, was elected as vice chairman. He has been a member of YIT’s Board of Directors since 2000.

The Board of Directors also includes Reino Hanhinen, Group CEO of YIT Corporation, Asmo Kalpala, CEO of the Tapiola Group, Mikko Kivimäki, president and CEO of Rautaruukki Corporation, and Teuvo Salminen, executive vice president and deputy CEO of Jaakko Pöyry Group Oyj.

For additional information, contact: Group CEO Reino Hanhinen, tel. +358 20 433 2454, reino.hanhinen@yit.fi

YIT CORPORATION



Veikko Myllyperkiö Vice President, Corporate Communications



Distribution: Helsinki Exchanges, principal media, www.yit.fi

About Us

YIT is the largest Finnish and significant North European construction company. We develop and build apartments, business premises and entire areas. We are also specialised in demanding infrastructure construction and paving. Together with our customers our 10,000 professionals are creating more functional, more attractive and more sustainable cities and environments. We work in 11 countries: Finland, Russia, Scandinavia, the Baltic States, the Czech Republic, Slovakia and Poland. The new YIT was born when over 100-year-old YIT Corporation and Lemminkäinen Corporation merged on February 1, 2018. Our pro forma revenue for 2017 was over EUR 3.8 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com

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