*SHARES SUBSCRIBED WITH OPTION RIGHTS: Y

HEX HELSINKI   SECURITIES EXCHANGE   RELEASE 334/2003
               SHARES                4 December 2003


 SHARES SUBSCRIBED WITH OPTION RIGHTS: YIT CORPORATION


A total of 120 179 YIT Corporation's shares have been subscribed with the YIT Corporation's A and B option rights 1998. The shares will be traded on the Helsinki Exchanges as old shares as of 5 December 2003.

Identifiers of YIT Corporation's share:

Trading code: YTY1V ISIN code: FI0009800643 Number of shares: 30 523 375

HELSINKI EXCHANGES Pekka Peiponen

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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