SUBSCRIPTION FOR YIT SHARES BY EXERCISIN

YIT CORPORATION STOCK EXCHANGE ANNOUNCEMENT October 30, 2003 8:30
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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 85,450 YIT Corporation shares have been subscribed for during the period August 22 – October 27, 2003. A total of 199,900 YIT shares were subscribed for on the basis of the series B share options during the same period.

The increase in the share capital as a consequence of these share subscriptions, EUR 570,700, is to be entered in the Trade Register on October 31, 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 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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