SUBSCRIPTION FOR YIT SHARES BY EXERCISIN

YIT CORPORATION STOCK EXCHANGE ANNOUNCEMENT June 18, 2004 15:30
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SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE 2002 SERIES C SHARE OPTIONS FROM MAY 6 TO JUNE 17, 2004

Through the exercise of the 2002 Series C share options, after the previous entry in the Trade Register on May 6, 2004, a total of 78,060 YIT Corporation shares have been subscribed for by June 17, 2004.

Each Series C share option entitles its holder to subscribe for two YIT Corporation shares having a nominal value of one euro. The subscription price is EUR 6.545 per share.

The increase in the share capital as a consequence of these share subscriptions, EUR 78,060, is to be entered in the Trade Register on June 28, 2004.

YIT CORPORATION



Jaakko Mäkynen Vice President, Finance

For additional information, contact: Jaakko Mäkynen, Vice President, Finance, tel. +358 20 433 2307, jaakko.makynen@yit.fi Marja Salo, Director of Administration, tel. +358 20 433 2470, marja.salo@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 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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