Tero Kiviniemi appointed as Head of Construction Services Finland business segment of YIT Corporation

COMPANY RELEASE       SEPT 26, 2008   at 9:00 

Tero Kiviniemi appointed as Head of Construction Services Finland business segment of YIT Corporation 

Tero Kiviniemi (37), M.Sc. (Eng.), has been appointed on September 25, 2008 as   head of the Construction Services Finland business segment of YIT Corporation,   effective from 1 January 2009. Kiviniemi will report to YIT Corporation's CEO    Hannu Leinonen, and he will also become a member of YIT Group's Management       Board.                                                                          

Tero Kiviniemi has previously served as head of the Infraservices division       within the Construction Services Finland business segment, and prior to that as  business unit manager of Structural engineering and regional infraservices.      Kiviniemi has been employed by YIT Corporation since 1996 and held positions in  civil engineering and residential construction.                                 

Ilpo Jalasjoki, who is the current head of the business segment, will change to  a part-time pension. Jalasjoki will report to YIT Corporation's CEO Hannu        Leinonen                                                                        

 For additional information, contact:                                             Antero Saarilahti, Senior Vice President, Administration, +358 20 433 2280,      antero.saarilahti@yit.fi                                                        

Attachments:                                                                     Picture of Tero Kiviniemi, jpg                                                   Tero Kiviniemi's curriculum vitae, pdf                                          

 YIT CORPORATION                                                                 

 Juha Kostiainen                                                                  Senior Vice President, Corporate Communications and Business Development        

 Distribution: OMX Nordic Exchange in Helsinki, principal media, www.yitgroup.com



YIT is a successful European service company in building systems, construction   services and services for industry. We build, develop and maintain quality       living environments in the Nordic countries, Russia, the Baltic countries and    Central Europe. In 2007, YIT's revenue amounted to EUR 3.7 billion. The Group    employs around 27,000 people. YIT's share is listed on OMX Nordic Exchange       Helsinki. www.yitgroup.com