APPOINTMENTS IN YIT GROUP'S MANAGEMENT

STOCK EXCHANGE RELEASE     August 20, 2009  9:10         

 APPOINTMENTS IN YIT GROUP'S MANAGEMENT                                          

 Arne Malonaes to head the Building and Industrial Services segment              

Arne Malonaes (52), M.Sc. (Eng.) has been appointed as President of the YIT      Building and Industrial Services segment. Before this appointment, Malonaes has  been President of YIT's Norwegian building system company, with responsibility   for the development of the Group's building system services. Malonaes has been a member of the Group's Management Board since 2008. He has been employed by YIT   since 2003.                                                                     

 Timo Lehtinen appointed Chief Financial Officer of YIT Group                    

Timo Lehtinen (45), M.Sc. (Econ.), has been appointed as Chief Financial Officer of YIT Group and member of the Group's Management Board. Lehtinen has worked at  YIT since 2006 as Senior Vice President, Finance, with the responsibility for    financial administration of both the Construction Services Finland and           International Construction Services segments. Before joining YIT, Lehtinen       served most recently as CFO of Affecto Plc and CFO of Saunalahti Group Oyj.     

 Both appointments become effective immediately.                                 

 The Group's Management Board consists of Juhani Pitkäkoski, President and CEO of YIT Corporation; Arne Malonaes, President of the Building and Industrial         Services segment; Tero Kiviniemi, President of Construction Services Finland     business segment; Kari Kauniskangas, President of International Construction     Services business segment and Group's Executive Vice President; Pekka Frantti,   Head of Industrial Services; Timo Lehtinen, CFO; Sakari Toikkanen, Senior Vice   President, Business Development; and Antero Saarilahti, Senior Vice President,   Administration, as the secretary.                                               



For further information, please contact:                                         Juhani Pitkäkoski, President and CEO, +358 20 433 3301, juhani.pitkakoski@yit.fi

Enclosed are the photographs of Arne Malonaes and Timo Lehtinen.                



YIT CORPORATION                                                                 

 Virva Salmivaara                                                                 Senior Vice President, Corporate Communications                                 

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