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2016-10-18

YIT Oyj: Notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares

YIT Corporation Stock Exchange Release October 18, 2016 at 18:15 p.m.

YIT Corporation has on October 18, 2016 received an announcement under
Chapter 9, Section 5 of the Securities Markets Act, according to
which the holding of JPMorgan Chase & Co. and its funds in YIT has
fallen below the threshold of 5 per cent. According to the
announcement, the holding had fallen below the threshold on October
17, 2016.

According to the announcement, the total number of YIT shares owned
directly or through financial instruments by JPMorgan Chase & Co. and
its funds was 4.92 per cent of YIT's total number of shares and
voting rights on October 17, 2016.

YIT has one share series, each share entitling to one vote. YIT's
registered total number of shares amounting to 127,223,422 has been
used in the calculation of percentages for the announcement.

Total positions of JPMorgan Chase & Co. and its funds subject to the
notification:

+----------------+-------------+------------------+-------------+
|Date |% shares and |% of shares and |Total of both|
| |voting |voting rights |in % (A+B) |
| |rights (total|through financial | |
| |of A) |instruments (total| |
| | |of B) | |
+----------------+-------------+------------------+-------------+
|Resulting |4.92% |0.00% |4.92% |
|situation on the| | | |
|date on | | | |
|which threshold | | | |
|was crossed or | | | |
|reached | | | |
+----------------+-------------+------------------+-------------+
|Position of |5.02% |0.00% |5.02% |
|previous | | | |
|notification | | | |
|(if applicable) | | | |
+----------------+-------------+------------------+-------------+

Notified details of the resulting situation on the date on which the
threshold was crossed:

A: Shares and voting rights:

+-------------+-------+----------+------------+--------------------+
|Class/type of|Number of |% of shares and voting rights |
|shares |shares | |
| ISIN code |and | |
|(if |voting | |
|possible) |rights | |
+-------------+-------+----------+------------+--------------------+
| |Direct |Indirect |Direct |Indirect |
| | (SMA | (SMA 9:6| (SMA 9:5) | (SMA 9:6 and 9:7) |
| |9:5) |and 9:7) | | |
+-------------+-------+----------+------------+--------------------+
|FI0009800643 | |6,252,555 | |4.92% |
+-------------+-------+----------+------------+--------------------+
|SUBTOTAL A |6,252,555 |4.92% |
+-------------+-------+----------+------------+--------------------+

B: Financial instruments according to SMA 9:6a:

+-------------+----------+----------+-------------+---------+----------------+
|Type of |Expiration|Exercise/ |Physical or |Number of|% of shares and |
|financial |date |Conversion|cash |shares |voting rights |
|instrument | |Period |settlement |and | |
| | | | |voting | |
| | | | |rights | |
+-------------+----------+----------+-------------+---------+----------------+
|Contract for |N/A |N/A |Cash |6,161 |0.00% |
|difference | | |settlement | | |
+-------------+----------+----------+-------------+---------+----------------+
| | | |SUBTOTAL B |6,161 |0.00% |
+-------------+----------+----------+-------------+---------+----------------+

Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with
the ultimate controlling natural person or legal entity

+---------------+-----------+-----------------------------+-------------+
|Name |% of shares|% of shares and voting rights|Total of both|
| |and voting |through financial instruments| |
| |rights | | |
+---------------+-----------+-----------------------------+-------------+
|J.P Morgan |0.00% | |0.00% |
|Investment | | | |
|Management Inc.| | | |
+---------------+-----------+-----------------------------+-------------+
|J.PMorgan Asset|4.92% |0.00% |4.92% |
|Management (UK)| | | |
|Limited | | | |
+---------------+-----------+-----------------------------+-------------+

For further information please contact:

Hanna Jaakkola, Vice President, Investor Relations, YIT Corporation,
tel. +358 40 5666 070, hanna.jaakkola@yit.fi

YIT CORPORATION

Hanna Jaakkola
Vice President, Investor Relations

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

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 2015, our revenue amounted to nearly EUR 1.7 billion, and
we employ about 5,300 employees. Our share is listed on Nasdaq
Helsinki.www.yitgroup.com
(https://yitgroup.sharepoint.com/sites/workspaces/investor_relations/Docu...)

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