ILKKA BROTHERUS TO CONTINUE AS CHAIRMAN

YIT CORPORATION STOCK EXCHANGE RELEASE, MARCH 24, 2004, 13:00

ILKKA BROTHERUS TO CONTINUE AS CHAIRMAN OF YIT’S BOARD OF DIRECTORS

At its organizational meeting on March 24, 2004, YIT Corporation's Board of Directors re-elected Ilkka Brotherus, M.Sc. (Econ.), managing director of Sinituote Oy, as its chairman. Ilkka Brotherus was a member of YIT’s Supervisory Board from 1998 to 2000 and has been a Board member since 2000 and the chairman of the Board since 2002. Eino Halonen, M.Sc. (Econ.), managing director of Suomi Mutual Life Assurance Company, was elected as vice chairman. Halonen has been a member of YIT’s Board of Directors since 2000 and the vice chairman of the Board since 2003.

The Board of Directors also includes Reino Hanhinen, Group CEO of YIT Corporation, Antti Herlin, chairman of Kone Corporation’s Board of Directors, Asmo Kalpala, CEO of the Tapiola Group, and Teuvo Salminen, executive vice president and deputy CEO of Jaakko Pöyry Group Oyj.

Ilkka Brotherus, Eino Halonen and Teuvo Salminen were elected as members of the Audit Committee. It is the task of the Audit Committee to assist the Board of Directors in the supervision of the YIT Group’s reporting and accounting processes.

For additional information, contact: Group CEO Reino Hanhinen, tel. +358 20 433 2454, reino.hanhinen@yit.fi

YIT CORPORATION



Veikko Myllyperkiö Vice President, Corporate Communications

Distribution: Helsinki Exchanges, principal media, www.yit.fi

About Us

YIT is the largest Finnish and significant North European construction company. We develop and build apartments and living services, business premises and entire areas. We are also specialised in demanding infrastructure construction and paving. Together with our customers, our nearly 10,000 professionals are creating more functional, attractive and sustainable cities and environments. We work in 11 countries: Finland, Russia, Scandinavia, Baltic Countries, the Czech Republic, Slovakia and Poland. The new YIT was born when over 100-year-old YIT Corporation and Lemminkäinen Corporation merged on February 1, 2018. Our restated pro forma revenue for 2018 was approximately EUR 3.2 billion. YIT Corporation’s share is listed on Nasdaq Helsinki Oy. www.yitgroup.com

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