YIT CORPORATION'S BOARD OF DIRECTORS' ORGANIZATIONAL MEETING

STOCK EXCHANGE RELEASE     March 11, 2009 at 16:00 

 YIT CORPORATION'S BOARD OF DIRECTORS' ORGANIZATIONAL MEETING                    

YIT Corporation's Board of Directors held its organizational meeting on March 11, 2009. In the meeting the Board decided on the composition of the audit committee as well as the nomination and rewards committee.

From among its number, the Board elected Reino Hanhinen as chairman and Satu Huber and Lauri Ratia 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.

The Board elected Henrik Ehrnrooth as chairman and Eino Halonen, Reino Hanhinen and Antti Herlin as members of the nomination and rewards committee from among its number. The task of the nomination and rewards committee is to assist the Board of Directors in the nomination and rewarding of key personnel within the YIT Group, as well as in other issues related to the development of HR policies.
The committee will also prepare proposals for the General Meeting on the appointment of members for the Board of Director as well as on their rewarding.

For additional information, please contact: Antero Saarilahti, Senior Vice President, Administration, +358 20 433 2280, antero.saarilahti@yit.fi

YIT CORPORATION

Veikko Myllyperkiö Senior Vice President, Corporate Communications

Distribution: NASDAQ OMX, principal media, www.yitgroup.com

About Us

YIT is the largest Finnish and a significant North European construction company and urban developer. We develop and build apartments and living services, business premises and entire areas. We are also specialised in demanding infrastructure construction. Together with our customers, our nearly 8,000 professionals are creating more functional, attractive and sustainable cities and environments. We work in 10 countries: Finland, Russia, Sweden, Norway, the Baltic countries, Czech Republic, Slovakia and Poland. Our revenue in 2019 was approximately EUR 3.4 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com

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