The announcement of YIT Corporation's Interim Report 1-9/2008 on October 29, 2008

STOCK EXCHANGE RELEASE  OCTOBER 22, 2008 at 09:00             

 The announcement of YIT Corporation's Interim Report 1-9/2008 on October 29,     2008                                                                            

YIT Corporation's Interim Report for January-September 2008 will be published on Wednesday, October 29, 2008 at 8:00 a.m. Finnish time. The stock exchange release, interim report and presentation materials will be published at that time on the company's website at www.yitgroup.com/investors.

Information event

An event for investment analysts and portfolio managers will be held in English on Wednesday, October 29, at Hotel Seurahuone, Kaivokatu 12, 00100 Helsinki, Finland. The event starts at 10:00 a.m. Finnish time.

Media representatives have a possibility to arrange an interview with the company management at a separately agreed time.

Conference call

Analysts and portfolio managers can participate in the event through a conference call. Conference call participants are requested to call a minimum of five minutes prior to the start of the event in +44 (0)207 1620 177.

Webcast presentation

CEO Hannu Leinonen's presentation at the event can be viewed as a real-time webcast at www.yitgroup.com/webcast.

After the presentation, a recording will be available at the same address approximately at 12:00 a.m. Finnish time.

Schedule in different time zones

-------------------------------------------------------------------------------- | Time zone | Interim Report | The investor | Recording of the | | | will be | event, | webcast | | | published at | conference call | presentation will | | | | and webcast | be available at | | | | presentation | | | | | will start at | | -------------------------------------------------------------------------------- | EEST (Helsinki) | 8:00 a.m. | 10:00 a.m. | 12:00 a.m. | -------------------------------------------------------------------------------- | CEST (Paris, | 7:00 a.m. | 9:00 a.m. | 11:00 a.m. | | Stockholm) | | | | -------------------------------------------------------------------------------- | BST (London) | 6:00 a.m. | 8:00 a.m. | 10:00 a.m. | -------------------------------------------------------------------------------- | US EDT (New York) | 1:00 a.m. | 3:00 a.m. | 5:00 a.m. | --------------------------------------------------------------------------------

For additional information, contact: Petra Thorén, Senior Vice President, Investor Relations, YIT Corporation, tel. +358 40 764 5462, petra.thoren@yit.fi

To arrange an interview, please contact: Virva Salmivaara, Deputy for the Senior Vice President, Corporate Communications and Business Development, +358 40 830 8091, virva.salmivaara@yit.fi.

YIT CORPORATION

Juha Kostiainen Senior Vice President, Corporate Communications and Business Development

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

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

Subscribe