YIT CORPORATION 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