RESOLUTIONS PASSED AT YIT CORPORATION'S EXTRAORDINARY GENERAL MEETING

COMPANY RELEASE   DECISION OF EXTRAORDINARY GENERAL MEETING 
6 OCT 2008 at 12:00                                                             

 RESOLUTIONS PASSED AT YIT CORPORATION'S EXTRAORDINARY GENERAL MEETING           

An Extraordinary General Meeting of the YIT Corporation held today, 6 October 2008, has decided to authorise the Board of Directors to purchase the company's shares and to dispose them, as proposed by the Board of Directors.

The authorisation granted to the Board of Directors covers the acquisition of a maximum of 12,722,342 company shares, purchased with the company's unrestricted equity, and the assignment of the shares according to conditions described in more detail elsewhere. The total number of YIT shares on 6 October 2008 is 127,223,422, which means that the authorisation covers 10% of the company's shares.

The Board of Directors' proposals can be found attached to this stock exchange release.

For additional information, contact: Antero Saarilahti, Senior Vice President, Administration, +358 20 433 2280, antero.saarilahti@yit.fi Sakari Ahdekivi, Chief Financial Officer, +358 20 433 2258, sakari.ahdekivi@yit.fi

YIT CORPORATION

Juha Kostiainen Senior Vice President, Corporate Communications and Business Development

Distribution: NASDAQ OMX, principal 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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