SUBSCRIPTION FOR YIT SHARES BY EXERCISIN

YIT CORPORATION STOCK EXCHANGE ANNOUNCEMENT December 2, 2003 10:00
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SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE 1998 SERIES A AND B SHARE OPTIONS

Through the exercise of the 1998 Series A share options a total of 46,750 YIT Corporation shares have been subscribed for during the period October 28 - November 28, 2003. A total of 73,429 YIT shares were subscribed for on the basis of the series B share options during the same period. In accordance with the terms and conditions of the share option programme, the last subscription day for both the series A and Series B share options was November 28, 2003.

The increase in the share capital as a consequence of these share subscriptions, EUR 240,358, is to be entered in the Trade Register on December 4, 2003.

YIT CORPORATION



Veikko Myllyperkiö Vice President, Corporate Communications

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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