*YIT CORPORATION: SHARES SUBSCRIBED WITH

HEX HELSINKI   CASH MARKET           RELEASE 259/2004
               SHARES                28 June 2004


 YIT CORPORATION: SHARES SUBSCRIBED WITH OPTION RIGHTS 


A total of 78 060 YIT Corporation's shares have been subscribed with the YIT Corporation's C option rights 2002. The shares will be traded on the Helsinki Exchanges as old shares as of 29 June 2004.

Identifiers of YIT Corporation's share:

Trading code: YTY1V ISIN code: FI0009800643 Number of shares: 61 159 940

HELSINKI EXCHANGES Mikko Timonen

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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