YIT Oyj — Capital/Financing Update 2016

Oct 25, 2016

YIT signed a EUR 200 million revolving credit facility

YIT signed a EUR 200 million revolving credit facility

YIT Corporation Stock Exchange Release October 25, 2016 at 15:30 p.m.
YIT has signed a new EUR 200 million syndicated unsecured revolving credit
facility with its core banks to refinance the syndicated EUR 300 million
unsecured revolving credit facility maturing 2018.

The committed credit facility matures on January 2, 2020 and has two financial
covenants: equity ratio (IFRS) must be above 25.0% and gearing (IFRS) must be
below 150.0%. The facility will be used as a reserve for general corporate
purposes and the size of the new facility is regarded as sufficient for this
purpose.

The parties participating in the syndication of the facility are Handelsbanken,
Danske Bank, Lähitapiola, OP Corporate Bank, SEB and Swedbank. OP Corporate Bank
acted as the co-ordinator for the facility.

For further information, please contact:

Hanna Jaakkola, Vice President, Investor Relations, YIT Corporation, +358 040
5666 070, hanna.jaakkola@yit.fi

Jukka Kalliomäki, Vice President, Group Treasurer, YIT Corporation, +358 50 313
3228, jukka.kalliomaki@yit.fi

YIT CORPORATION

Hanna Jaakkola

Vice President, Investor Relations

Distribution: NASDAQ Helsinki, 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