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

STOCK EXCHANGE RELEASE         OCTOBER 3, 2008 AT 16:30

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

YIT Corporation has on October 3, 2008 gained knowledge of notification under the Finnish Securities Market Act stating that following a share transaction on October 2, 2008 holdings of Corbis S.A and Fennogens Investments S.A has increased to over 5% of YIT Corporation's shares and votes. The companies hold total of 7,250,000 YIT shares which equals to 5.70 per cent of YIT Corporation's shares. Corbis S.A and Fennogens Investment S.A are owned by same parties.

Attached notification sent by Corbis S.A and Fennogens Investments S.A.

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

About Us

YIT creates better living environment by developing and constructing housing, business premises, infrastructure and entire areas. Our vision is to bring more life in sustainable cities. We want to focus on caring for customer, visionary urban development, passionate execution and inspiring leadership. Our growth engine is urban development involving partners. Our operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. In 2016, our revenue amounted to nearly EUR 1.8 billion, and we employ about 5,300 employees. Our share is listed on Nasdaq Helsinki. www.yitgroup.com

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