PROPOSAL ON THE COMPOSITION OF YIT'S BOA

STOCK EXCHANGE RELEASE  MARCH 11, 2003  15:30

PROPOSAL ON THE COMPOSITION OF YIT'S BOARD OF DIRECTORS

It will be proposed to YIT Corporation's Annual General Meeting on March 13, 2003, that the number of members of the Board of Directors be set at six.

Shareholders representing over 20% of all of the company's votes have announced that, at the Annual General Meeting, they will table a motion for setting the number of Board members at six. The same parties have proposed that the following persons, all of whom have given their consent, be elected to seats on the Board: Ilkka Brotherus, managing director of Sinituote Oy, Eino Halonen, managing director of Suomi Mutual Life Assurance Company, 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. All the aforementioned persons are currently members of YIT Corporation's Board of Directors.

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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