NOTIFICATION ON A CHANGE IN HOLDINGS REF

YIT CORPORATION STOCK EXCHANGE ANNOUNCEMENT OCT. 8, 2003 12:00

NOTIFICATION ON A CHANGE IN HOLDINGS REFERRING TO CHAPTER 2, SECTION 9, OF THE FINNISH SECURITIES MARKETS ACT

YIT Corporation has today received from Tapiola General Mutual Insurance Company, Tapiola Mutual Life Assurance Company and Tapiola Corporate Life Insurance Company Ltd the following notification pursuant to the Securities Markets Act chapter 2 section 9:

According to the statement (No. 31/265/98) of the Financial Supervision Authority, when applying the provisions of notification Tapiola General Mutual Insurance Company, Tapiola Mutual Life Assurance Company and Tapiola Corporate Life Insurance Company Ltd form an entity, where the proportions of voting rights and share capital of the above mentioned companies are added together. The Tapiola Group is also required to disclose the holdings of the mutual funds administered by Tapiola Rahastoyhtiö.

1. The issuing company: YIT Corporation

2. Date on which the change in holdings took place: October 7, 2003

3. Proportion of voting rights and share capital in the company:

Proportion of voting rights 7.10% and proportion of share capital 7.10%

4. Shareholders

Tapiola General Mutual Insurance Company, business ID 211034-2, Domicile Espoo

Tapiola Mutual Life Assurance Company, business ID 201319-8, Domicile Espoo

Tapiola Corporate Life Insurance Company Ltd, business ID 725671-1, Domicile Espoo

5. Distribution of holdings

Tapiola General Mutual Insurance Company, 1,500,930 shares, proportion of voting rights and share capital 4.98%

Tapiola Mutual Life Assurance Company, 506,200 shares, proportion of voting rights and share capital 1.68%

Tapiola Corporate Life Insurance Company Ltd, 133,215 shares, proportion of voting rights and share capital 0.44%

YIT Corporation’s fully paid-in share capital which has been entered in the Trade Register on August 21, 2003 is EUR 60,235,692, which is divided into 30,117,846 shares. The company has one series of shares and each share carries one vote.


YIT CORPORATION



Veikko Myllyperkiö Vice President, Corporate Communications

For additional information, contact: Esko Mäkelä, Executive Vice President, tel. +358 20 433 2258, esko.makela@yit.fi

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 combined annual 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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