YIT CORPORATION'S FINANCIAL REPORTING AND ANNUAL GENERAL MEETING 2010

STOCK EXCHANGE RELEASE        OCT 28, 2009 at 8:05        
 YIT CORPORATION'S FINANCIAL REPORTING AND ANNUAL GENERAL MEETING 2010           

YIT will publish the financial statements bulletin for 2009 on February 4, 2010.
Annual Report 2009 including the Financial Statements will be published during week 8/2010.

YIT Corporation's Annual General Meeting will be held on March 10, 2010.

Three interim reports will be published in 2010:

Interim Report for January-March on April 29, 2010 Interim Report for January-June on July 23, 2010 Interim Report for January-September on October 27, 2010

Financial statements for 2009 as well as interim reports will be published at 8:00 a.m. Finnish time (EEST).

COMPARISON FIGURES FOR 2009 ACCORDING TO IFRIC 15

YIT will have to apply to the financial period starting on January 1, 2010 IFRS interpretation of IFRIC 15 Agreements for the Construction of Real Estate. The interpretation provides guidance on when to account for revenue from the construction of real estate based on the percentage of completion and when based on the delivery. The implementation of this interpretation will mainly change YIT Group's revenue recognition of housing developer contracting to take place at the time of delivery, while so far revenue has been recognised based on the percentage of completion method.

YIT will publish comparison figures calculated following IFRIC 15 for the financial year 2009 prior to the publishing of Interim Report January-March/2010.

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

YIT CORPORATION

Virva Salmivaara Senior Vice President, Corporate Communications

Distribution: NASDAQ OMX, 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

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