YIT Group Financial Statements 2006 Hannu Leinonen Group

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YIT Group Financial Statements 2006 Hannu Leinonen Group CEO Event for analysts and investors

YIT Group Financial Statements 2006 Hannu Leinonen Group CEO Event for analysts and investors February 9, 2007 | YIT CORPORATION

Contents • YIT Group Financial Statements 2006 • Business Year 2006 • Future Outlook

Contents • YIT Group Financial Statements 2006 • Business Year 2006 • Future Outlook Appendices – YIT Share – Strategic Target Levels – Market Outlook – Financial Statements 2006 – Development of Strategic Target Figures February 9, 2007 | YIT CORPORATION

YIT Group Financial Statement 2006 February 9, 2007 | YIT CORPORATION

YIT Group Financial Statement 2006 February 9, 2007 | YIT CORPORATION

Revenue, operating profit and order backlog rose to record high levels 2006 2005 Growth

Revenue, operating profit and order backlog rose to record high levels 2006 2005 Growth 3, 284. 4 MEUR 216. 9 MEUR 3, 023. 8 MEUR 131. 6 MEUR 9% 65% 258. 8 MEUR 7. 9% 227. 7 Me 7. 5% 14% - Return on investment 24. 8% 26. 4 % - Equity ratio 34. 5% 36. 3% - Gearing ratio 75. 1% 45. 1% - 2, 802. 3 MEUR 1, 878. 8 MEUR 49% 22, 311 21, 289 1, 022 Revenue in Russia Operating profit margin Order backlog Number of employees The Board of Directors will propose to the Annual General Meeting that a dividend of EUR 0. 65 be paid per share (EUR 0. 55) for the 2006 financial year, corresponding to 47. 8 per cent (43. 7%) of earnings per share. YIT is now increasing the dividend for the twelfth year in a row. February 9, 2007 | YIT CORPORATION

Revenue and operating profit growth continued • Building Systems forged ahead with improving profitability.

Revenue and operating profit growth continued • Building Systems forged ahead with improving profitability. The business segment’s operating profit growth was 54 per cent. The operating profit margin improved to 6. 2 per cent (4. 1). • Profit in Construction Services was excellent in all areas of operations. Revenue grew by 12 per cent and operating profit by 19 per cent. Profitability remained excellent and the operating profit margin was 11. 8 (11. 0). • Industrial and Network Services enjoyed favourable trends in industrial services. The business segment’s operating profit declined by 54 per cent due to the weak market situation in network services and due to personnel downscaling measures. The operating profit margin was 3. 8 (9. 8). February 9, 2007 | YIT CORPORATION

Consolidated income statement MEUR Jan-Dec/2006 Jan-Dec/2005 Change, % 3, 284. 4 3, 023. 8

Consolidated income statement MEUR Jan-Dec/2006 Jan-Dec/2005 Change, % 3, 284. 4 3, 023. 8 9 258. 8 227. 7 14 7. 9 7. 5 - -20. 6 -12. 9 60 0. 6 0. 4 - 238. 2 214. 8 11 7. 3 7. 1 - -62. 8 -57. 9 8 26 27 - 175. 4 156. 9 12 5. 3 5. 2 - 171. 0 155. 5 10 4. 4 1. 4 *) 1. 36 1. 26 8 Revenue Operating profit • as percentage of revenue Financial items, net • as percentage of revenue Profit before taxes • as percentage of revenue Income taxes 1) • as percentage of revenue Profit for the period • as percentage of revenue Attributable to Equity holders of the company Minority interests Earnings per share, EUR 1) Income taxes estimate for the total financial period *) Change over 100% February 9, 2007 | YIT CORPORATION

Revenue by business segment MEUR Jan-Dec/2006 Jan-Dec/2005 Change, % Building Systems *) 1, 415.

Revenue by business segment MEUR Jan-Dec/2006 Jan-Dec/2005 Change, % Building Systems *) 1, 415. 1 1, 398. 4 1 Construction Services 1, 452. 2 1, 298. 3 12 Industrial and Network Services *) 476. 9 398. 8 20 Other items -59. 8 -71. 7 -17 3, 284. 4 3, 023. 8 9 YIT Group, total *) At the beginning of 2006, industrial electricity, automation and HEPAC operations in Finland were transferred to the Industrial and Network Services business segment from the Building Systems business segment. The business functions that were transferred had revenue of EUR 58. 9 million in January-December/2005. Comparable growth in revenue in 2006 was 6 per cent in Building Systems and 4 per cent in Industrial and Network Services. February 9, 2007 | YIT CORPORATION

Breakdown of revenue 2006 Other countries 0. 4% MEUR 14. 2 (18. 7) Change

Breakdown of revenue 2006 Other countries 0. 4% MEUR 14. 2 (18. 7) Change -24% Finland 55% MEUR 1, 807. 0 (1, 697. 2) Growth 6% Russia 7% MEUR 216. 9 (131. 6) Growth 65% Lithuania, Latvia, Estonia 6% MEUR 196. 9 (198. 8) Change -1% Sweden, Norway, Denmark 32% MEUR 1, 049. 4 (977. 5) Growth 7% Total revenue MEUR 3, 284. 4 (3, 023. 8) February 9, 2007 | YIT CORPORATION

Breakdown of revenue and operating profit Operating profit Revenue Building Systems 43% MEUR 1,

Breakdown of revenue and operating profit Operating profit Revenue Building Systems 43% MEUR 1, 415. 1 Building Systems 34% MEUR 87. 6 Other items -2% MEUR -59. 8 Other items -7% MEUR -17. 6 Industrial and Network Services 7% MEUR 18. 0 Industrial and Network Services 15% MEUR 476. 9 Construction Services 44% MEUR 1, 452. 2 Construction Services 66% MEUR 170. 8 Total revenue MEUR 3, 284. 4 Total operating profit MEUR 258. 8 February 9, 2007 | YIT CORPORATION

Operating profit by business segment MEUR 2004 2005 1) 2006 2) Building Systems Construction

Operating profit by business segment MEUR 2004 2005 1) 2006 2) Building Systems Construction Services Industrial and Network Services Other items Total operating profit 2006 MEUR 258. 8 2005 MEUR 227. 7 1) Building Systems released provisions for certain ended 2004 MEUR 157. 4 contractual obligations in the Q 42006 period. This had a positive impact of EUR 7. 2 million on operating profit. 2) Includes EUR 5. 1 million adjustment costs for personnel reductions in Q 3/2006. February 9, 2007 | YIT CORPORATION

Building Systems Operating profit by quarter Operating profit, MEUR Operating profit margin, % 2)

Building Systems Operating profit by quarter Operating profit, MEUR Operating profit margin, % 2) 2) 1) 1) 1 -12 2004 2005 1 -12 2004 1) Includes a loss provision of EUR 4 million due to an electrification project on two ships for the Royal Danish Navy (non-recurring item) in Q 3/2004. 2) Building Systems released provisions for certain ended contractual obligations in the Q 42006 period. This had a positive impact of EUR 7. 2 million on operating profit. February 9, 2007 1 -12 2006 | YIT CORPORATION 2005 1 -12 2006

Construction Services Operating profit by quarter Operating profit, MEUR 1 -12 2004 Operating profit

Construction Services Operating profit by quarter Operating profit, MEUR 1 -12 2004 Operating profit margin, % 2005 1 -12 2006 February 9, 2007 1 -12 2004 | YIT CORPORATION 2005 1 -12 2006

Industrial and Network Services Operating profit by quarter Operating profit, MEUR Operating profit margin,

Industrial and Network Services Operating profit by quarter Operating profit, MEUR Operating profit margin, % 1) 1) 1 -12 2004 2005 1 -12 2006 1) Includes EUR 5. 1 million adjustment costs for personnel reductions in Q 3/2006. February 9, 2007 1 -12 2004 | YIT CORPORATION 2005 1 -12 2006

Earnings per share per quarter e 1 -3/ 4 -6/ 7 -9/ 10 -12/

Earnings per share per quarter e 1 -3/ 4 -6/ 7 -9/ 10 -12/ 1 -12/ 2004 2004 2005 2005 2006 2006 The doubling amount of shares which came into effect on March 24, 2006 (split) has been taken into account. February 9, 2007 | YIT CORPORATION

Return on investment 63. 3 % Building Systems Dec/2005 Dec/2006 Construction Services Dec/2005 Dec/2006

Return on investment 63. 3 % Building Systems Dec/2005 Dec/2006 Construction Services Dec/2005 Dec/2006 February 9, 2007 Industrial and Network Services Dec/2005 Dec/2006 | YIT CORPORATION YIT Group Dec/2005 Dec/2006

YIT Group invested capital Dec/2004 Russia 6% MEUR 48 Other YIT Group 94% MEUR

YIT Group invested capital Dec/2004 Russia 6% MEUR 48 Other YIT Group 94% MEUR 793 Total Dec/2004 MEUR 841 Dec/2005 Russia 11% MEUR 100 Other YIT Group 89% MEUR 799 Total Dec/2005 MEUR 899 Invested capital= balance sheet total - non interest-bearing liabilities February 9, 2007 | YIT CORPORATION Dec/2006 Russia 23% MEUR 279 Other YIT Group 77% MEUR 928 Total Dec/2006 MEUR 1, 207

Net debt and gearing by quarter Gearing ratio, % Net interest-bearing debt, MEUR February

Net debt and gearing by quarter Gearing ratio, % Net interest-bearing debt, MEUR February 9, 2007 | YIT CORPORATION

Order backlog at end of period MEUR 1, 585. 2 2, 802. 3 1,

Order backlog at end of period MEUR 1, 585. 2 2, 802. 3 1, 722. 2 1, 708. 2 1, 823. 4 1, 909. 4 1, 999. 2 February 9, 2007 1, 881. 4 1, 878. 8 | YIT CORPORATION 2, 007. 2 2, 151. 3 2, 246. 2

Order backlog by business segment MEUR Dec/2006 Dec/2005 Change, % 601. 7 492, 0

Order backlog by business segment MEUR Dec/2006 Dec/2005 Change, % 601. 7 492, 0 22 2, 053. 5 1, 242. 6 65 Industrial and Network Services 184. 0 173. 3 6 Other items -36. 9 -29. 1 27 2, 802. 3 1, 878. 8 49 Building Systems Construction Services YIT Group, total February 9, 2007 | YIT CORPORATION

Personnel at end of period February 9, 2007 | YIT CORPORATION

Personnel at end of period February 9, 2007 | YIT CORPORATION

Dividend payout 1995 -2006 Dividend/share, EUR Dividend/earnings, % *Board of Directors’ proposal. YIT´s dividend

Dividend payout 1995 -2006 Dividend/share, EUR Dividend/earnings, % *Board of Directors’ proposal. YIT´s dividend policy: 40– 60% of the annual profit after taxes and minority interests The doubling amount of shares wich came into effect on March 24, 2006 (split) has been taken into account. Year 2004 and 2005 are IFRS numbers. February 9, 2007 | YIT CORPORATION

Business Year 2006 February 9, 2007 | YIT CORPORATION

Business Year 2006 February 9, 2007 | YIT CORPORATION

Strong market position within YIT’s business segments and market areas In Finland the biggest

Strong market position within YIT’s business segments and market areas In Finland the biggest services provider in all Business Segments In the Nordic countries the biggest Building Systems services provider In Russia the biggest foreign player within Residential Construction In the Baltic countries among top market leaders within Construction Services February 9, 2007 | YIT CORPORATION

YIT’s strategic target levels • Average annual growth in revenue 10% • Operating profit

YIT’s strategic target levels • Average annual growth in revenue 10% • Operating profit margin (EBIT) 9% • Return on investment 22% • Equity ratio 35% • Dividend payout 40– 60% of net profit for the year after taxes and minority interests February 9, 2007 | YIT CORPORATION

EBIT 9% Business mix development by value chain positioning Consumer services Jan-Dec/2006: 24% se

EBIT 9% Business mix development by value chain positioning Consumer services Jan-Dec/2006: 24% se ea ncr I • Services offered directly to end-users e Long-term service agreements Jan-Dec/2006: 28% s rea c In • Repeated service deliveries based on longer term agreements e Project development Jan-Dec/2006: ab. 9% as e r Inc • Comprehensive deliveries where we take part during the whole life cycle starting from developing the idea for the project Contracting Jan-Dec/2006: ab. 39% • Services delivered based on project-specific competition February 9, 2007 | YIT CORPORATION Keep

Building Systems 2006 Improving profitability and rounding out the service portfolio Improving profitability •

Building Systems 2006 Improving profitability and rounding out the service portfolio Improving profitability • Business mix development – Service and maintenance business increased from 60% to 64% – Increasing long-term service agreements – In project development emphasis on Design & Build solutions Rounding out the service portfolio - organic growth and acquisitions • • In Norway and Denmark acquisitions to gain piping know-how Growth in Latvia and in Russia in St. Petersburg and Moscow February 9, 2007 | YIT CORPORATION

Construction Services in Finland 2006 New residential services • Housing sales on good level

Construction Services in Finland 2006 New residential services • Housing sales on good level • Leisure time projects agreed upon in over 10 locations • Preparing for production of single-family houses • Own modernization projects Market position in road maintenance strengthened • Six new public road maintenance contracts were landed • YIT is Finland’s largest private road maintenance company, market share 20% Own development projects for business premises • In business premise construction, retail investments gained added momentum from consumer demand • Demand for new office buildings improved during the year • Renovation is seeing steady growth Leisure-time development February 9, 2007 | YIT CORPORATION

Growth in Construction Services in Russia 2006 Growth in residential development • Kazan 5/2006,

Growth in Construction Services in Russia 2006 Growth in residential development • Kazan 5/2006, over 1, 000 apartments • Jekaterinburg 10/2006, ab. 300 apartments • Jaroslavl 10/2006, ab. 160 apartments • Moscow City 10/2006, ab. 150 apartments Strengthening the plot reserve • Novo-Orlovskij 10/2006, over 15, 500 apartments starting from 2008 Current business locations Potential expansion 2007 - February 9, 2007 Project development in St. Petersburg • For equity fund EPI Russia an office building and a logistics centre on YIT’s plots in St Petersburg and Gorelovo • For Atria a production plant and a logistics centre on YIT’s plot in Gorelovo | YIT CORPORATION

Industrial and Network Services 2006 Outsourcings and long-term service agreements Outsourcings and partnership agreements

Industrial and Network Services 2006 Outsourcings and long-term service agreements Outsourcings and partnership agreements in industrial maintenance • Outsourcing of maintenance in all Botnia’s plants in Finland • Maintenance of Finnsementti’s plant in Parainen • Maintenance of Okmetic´s plant in Vantaa • Maintenance of Purso´s plants in Siuro • Maintenance of Parker Hannifin´s plants in Urjala Expansion into energy network maintenance • Jan/2007 the electricity network maintenance and construction works outsourced to YIT by Vattenfall IT helpdesk services • IT help desk services for Hewlett & Packard YIT established a subsidiary in St Petersburg to gain foothold for industrial services February 9, 2007 | YIT CORPORATION

Number of start-ups in YIT’s housing production in Finland No 3, 321 3, 169

Number of start-ups in YIT’s housing production in Finland No 3, 321 3, 169 2, 944 3, 278 3, 108 3, 004 2, 717 February 9, 2007 | YIT CORPORATION

YIT’s residential production Russia No 1 -12 2004 1 -12/ 2005 12/ 2004 1

YIT’s residential production Russia No 1 -12 2004 1 -12/ 2005 12/ 2004 1 -12/ 2006 February 9, 2007 | YIT CORPORATION 12/ 2005 12/ 2006

YIT’s residential production Lithuania, Latvia, Estonia No 1 -12/ 2004 1 -12/ 2005 1

YIT’s residential production Lithuania, Latvia, Estonia No 1 -12/ 2004 1 -12/ 2005 1 -12/ 2006 12/ 2004 February 9, 2007 | YIT CORPORATION 12/ 2005 12/ 2006

Future Outlook February 9, 2007 | YIT CORPORATION

Future Outlook February 9, 2007 | YIT CORPORATION

Market outlook • YIT’s territories are still booming, although growth is slightly slower than

Market outlook • YIT’s territories are still booming, although growth is slightly slower than in the previous year. It is estimated that the Nordic national economies will see stable development of 2 -3 per cent in 2007 and 2008, outpacing EU growth by about one percentage point. • Russia and Norway still benefit from the high prices of oil. The rate of growth in the economies of Russia, Estonia, Latvia and Lithuania is over twice as fast as in the Nordic countries. • Euro interest rates are seeing moderate growth. The positive earnings trend and the improvement in the employment situation strengthens household confidence. • The record-high population migration in Finland is continuing, maintaining stable need for the construction of new housing. Other construction is seeing growth. • Strong demand for housing in the large cities of Russia enables the expansion of residential production in the long term. • Growth in exports and industrial output increases the need for industrial investments and maintenance in the Nordic countries. February 9, 2007 | YIT CORPORATION

Market development in Russia • GDP growth in Russia on average twice as fast

Market development in Russia • GDP growth in Russia on average twice as fast as in the Nordic countries • Oil price still high • Household income is increasing • Huge need for new apartments • Housing prices continue to rise • Mortgage loan market started gradually to function • Residential production supports the local development and the welfare targets set by society February 9, 2007 | YIT CORPORATION

Outlook for 2007 We estimate that revenue and operating profit (EBIT) in 2007 will

Outlook for 2007 We estimate that revenue and operating profit (EBIT) in 2007 will increase compared to the previous year. • The outlook for revenue growth is supported by the record-high order backlog, the continuing booming market situation and YIT’s major investments on the Russian market. • The healthy margin of the order backlog and the company’s own profitability improvement measures underlie our expectations of growth in operating profit. February 9, 2007 | YIT CORPORATION

More information on our web site www. yit. fi Petra Thorén Vice President, Investor

More information on our web site www. yit. fi Petra Thorén Vice President, Investor Relations tel. +358 20 433 2635 mobile +358 40 764 5462 e-mail: petra. thoren@yit. fi Sakari Toikkanen Executive Vice President tel. +358 20 433 2336 e-mail: sakari. toikkanen@yit. fi February 9, 2007 | YIT CORPORATION

Appendices • YIT Share • Strategic Target Levels • Market Outlook • Financial Statement

Appendices • YIT Share • Strategic Target Levels • Market Outlook • Financial Statement 2006 • Development of Strategic Target Figures February 9, 2007 | YIT CORPORATION

Appendix YIT Share February 9, 2007 | YIT CORPORATION

Appendix YIT Share February 9, 2007 | YIT CORPORATION

Principal shareholders Jan 31, 2007 No 1. Suomi Mutual Life Assur. Company 8, 571,

Principal shareholders Jan 31, 2007 No 1. Suomi Mutual Life Assur. Company 8, 571, 180 2. Sampo Life Insurance Company Ltd 7, 246, 622 3. Varma-Sampo 7, 065, 208 4. Ilmarinen Mutual Pension Ins. Co 3, 234, 912 5. Tapiola Insurance Group 2, 600, 680 6. Etera Mutual Pension Ins. Company 1, 884, 400 7. Odin Norden 1, 450, 366 8. Brotherus Ilkka 1, 224, 740 9. State Pension Fund 1, 150, 000 10. Kaleva Mutual Insurance Company 1, 020, 000 Nominee-registered 56, 702, 437 Other shareholders 34, 626, 527 Total 126, 777, 072 % 6. 76 5. 72 5. 57 2. 55 2. 05 1. 49 1. 14 0. 97 0. 91 0. 80 44. 73 27. 31 100. 00 Total number of shareholders 15, 038. Nominal value of the share EUR 0. 50 (registered on March 24, 2006, whereby the number of shares was doubled). Share capital EUR 63, 388, 536. February 9, 2007 | YIT CORPORATION

Nominee-registered shareholders + other international ownership % of equity 1/2007: 47. 4 % 2002

Nominee-registered shareholders + other international ownership % of equity 1/2007: 47. 4 % 2002 2003 2004 February 9, 2007 | YIT CORPORATION 2005 2006

Number of shareholders at end of period YIT Corporation was formed on September 2,

Number of shareholders at end of period YIT Corporation was formed on September 2, 1987. YIT’s share has been quoted on Helsinki Exchanges since September 4, 1995. February 9, 2007 | YIT CORPORATION

Appendix Strategic Target Levels February 9, 2007 | YIT CORPORATION

Appendix Strategic Target Levels February 9, 2007 | YIT CORPORATION

YIT’s strategic target levels • Average annual growth in revenue 10% • Operating profit

YIT’s strategic target levels • Average annual growth in revenue 10% • Operating profit margin (EBIT) 9% • Return on investment 22% • Equity ratio 35% • Dividend payout 40– 60% of net profit for the year after taxes and minority interests February 9, 2007 | YIT CORPORATION

Average annual growth 10% Main growth drivers by segments • Construction Services – Increasing

Average annual growth 10% Main growth drivers by segments • Construction Services – Increasing residential development and starting project development business in Russia • Organic growth • Capital • Building Systems – Rounding out the service portfolio in the Nordic and Baltic countries and St. Petersburg and Moscow • Organic growth and acquisitions • Personnel • Industrial and Network Services – Outsourcings within Finnish industry • Outsourcings • Personnel February 9, 2007 | YIT CORPORATION

Average annual growth 10% Average annual growth in Russia 50% 2006 -2009 • In

Average annual growth 10% Average annual growth in Russia 50% 2006 -2009 • In Construction Services main focus on development business – Growth in residential development – Start-up of project development • In Building Systems increasing volume in St. Petersburg and Moscow • In Industrial Services gaining foothold in St. Petersburg February 9, 2007 | YIT CORPORATION

Average annual growth 10% Growth Construction Services in Russia • Increasing residential development •

Average annual growth 10% Growth Construction Services in Russia • Increasing residential development • Growing in existing cities • Entering new big cities (population over one million) • Entering new satellite cities from the existing cities • Start-up of project development February 9, 2007 | YIT CORPORATION

EBIT 9% Business mix development by value chain positioning Consumer services Jan-Dec/2006: 24% se

EBIT 9% Business mix development by value chain positioning Consumer services Jan-Dec/2006: 24% se ea ncr I • Services offered directly to end-users e Long-term service agreements Jan-Dec/2006: 28% s rea c In • Repeated service deliveries based on longer term agreements e Project development Jan-Dec/2006: ab. 9% as e r Inc • Comprehensive deliveries where we take part during the whole life cycle starting from developing the idea for the project Contracting Jan-Dec/2006: ab. 39% • Services delivered based on project-specific competition February 9, 2007 | YIT CORPORATION Keep

Return on investment 22% Return on investment % 63. 3 Building Systems Dec/2005 Dec/2006

Return on investment 22% Return on investment % 63. 3 Building Systems Dec/2005 Dec/2006 Construction Services Dec/2005 Dec/2006 February 9, 2007 Industrial and Network Services Dec/2005 Dec/2006 | YIT CORPORATION YIT Group Dec/2005 Dec/2006

Equity ratio 35% Strong financial position and optimal capital structure Gearing ratio, % Equity

Equity ratio 35% Strong financial position and optimal capital structure Gearing ratio, % Equity ratio, % February 9, 2007 | YIT CORPORATION

Dividend payout 1995 -2006 Dividend/share, EUR Dividend/earnings, % *Board of Directors’ proposal. YIT´s dividend

Dividend payout 1995 -2006 Dividend/share, EUR Dividend/earnings, % *Board of Directors’ proposal. YIT´s dividend policy: 40– 60% of the annual profit after taxes and minority interests The doubling amount of shares wich came into effect on March 24, 2006 (split) has been taken into account. Year 2004 and 2005 are IFRS numbers. February 9, 2007 | YIT CORPORATION

Appendix Market Outlook February 9, 2007 | YIT CORPORATION

Appendix Market Outlook February 9, 2007 | YIT CORPORATION

Migration between municipalities in Finland persons 12/2006: 285, 930 12/2005: 290, 799 Source: Statistics

Migration between municipalities in Finland persons 12/2006: 285, 930 12/2005: 290, 799 Source: Statistics Finland, January 18, 2007 February 9, 2007 | YIT CORPORATION

Housing loans and interest rates in Finland MEUR % Source: Bank of Finland, January

Housing loans and interest rates in Finland MEUR % Source: Bank of Finland, January 31, 2007 February 9, 2007 | YIT CORPORATION

Consumers’ confidence in their own household’s and Finland’s economy within next 12 months Saldo

Consumers’ confidence in their own household’s and Finland’s economy within next 12 months Saldo (%-share of positive answers – %-share of negative answers) Own economic situation Finland’s economic situation Source: Statistics Finland´s Consumer Survey, January 29, 2006 February 9, 2007 | YIT CORPORATION

Households’ intentions to acquire an owneroccupied flat during the next 12 months % of

Households’ intentions to acquire an owneroccupied flat during the next 12 months % of households Source: Statistics Finland, January 29, 2006 February 9, 2007 | YIT CORPORATION

Apartment prices By quarter Nominal prices of apartments 1) 2) Nominal prices of old

Apartment prices By quarter Nominal prices of apartments 1) 2) Nominal prices of old apartments in high-rise buildings in Finland Real prices (deflated by wage level index) Source: Statistics Finland February 9, 2007 | YIT CORPORATION

Household debt as ratio of GDP in 2004 February 9, 2007 | YIT CORPORATION

Household debt as ratio of GDP in 2004 February 9, 2007 | YIT CORPORATION

Debt of Finnish households compared to their disposable income Housing loans All loans Source:

Debt of Finnish households compared to their disposable income Housing loans All loans Source: Statistics Finland, Bank of Finland OKO Bank February 9, 2007 | YIT CORPORATION

Office rent index and vacancy rate Rent Index (Helsinki centre) Rent Index Vacancy Rate

Office rent index and vacancy rate Rent Index (Helsinki centre) Rent Index Vacancy Rate (Helsinki) Reference: KTI and Catella Property Group February 9, 2007 | YIT CORPORATION

Appendix Financial Statement 2006 February 9, 2007 | YIT CORPORATION

Appendix Financial Statement 2006 February 9, 2007 | YIT CORPORATION

Key figures 2006 2005 Change, % Earnings per share, EUR *) 1. 36 1.

Key figures 2006 2005 Change, % Earnings per share, EUR *) 1. 36 1. 26 8 Diluted earnings per share, EUR *) 1. 35 1. 23 10 Equity per share, EUR *) 5. 29 4. 49 18 20. 95 18. 07 16 2, 656. 0 2, 254. 4 18 506. 5 254. 4 99 Return on investment, % 1) 24. 8 26. 4 - Equity ratio, % 34. 5 36. 3 - Gearing ratio, % 75. 1 45. 1 - Gross capital expenditures, MEUR 50. 4 30. 1 67 Order backlog at end of period, MEUR 2) 2, 802. 3 1, 878. 8 49 - of which order backlog outside Finland 1, 490. 0 752. 4 98 Average personnel 21, 846 21, 194 3 Share price at end of period, EUR *) Market capitalization at end of period, MEUR Net interest-bearing debt at end of period, MEUR 1) Last 12 months. 2) *) Portion of binding orders not recognized as income. The doubling amount of shares which came into effect on March 24, 2006 (split) has been taken into account. February 9, 2007 | YIT CORPORATION

Consolidated balance sheet MEUR ASSETS 2006 2005 Change, % 91. 8 77. 1 19

Consolidated balance sheet MEUR ASSETS 2006 2005 Change, % 91. 8 77. 1 19 248. 8 - 15. 6 13. 4 16 Shares in associated companies 2. 9 1. 8 61 Other investments 3. 0 - Receivables 13. 4 9. 4 43 Deferred tax receivables 21. 1 23. 6 -11 1, 006. 4 685. 2 47 Trade and other receivables 688. 9 545. 2 26 Cash and cash equivalents 25. 9 80. 6 -68 2, 117. 8 1, 688. 1 25 Non-current assets Tangible assets Goodwill Other intangible assets Current assets Inventories Total assets February 9, 2007 | YIT CORPORATION

Consolidated balance sheet MEUR EQUITY AND LIABILITIES 2006 2005 Change, % Share capital 63.

Consolidated balance sheet MEUR EQUITY AND LIABILITIES 2006 2005 Change, % Share capital 63. 4 62. 4 2 Other equity 607. 1 497. 4 22 3. 9 3. 7 5 674. 4 563. 5 20 Deferred tax liabilities 52. 5 36. 5 44 Pension liabilities 11. 6 - Provisions 32. 2 30. 1 7 275. 8 172. 4 60 8. 4 4. 4 91 788. 0 691. 2 14 18. 3 15. 8 16 256. 6 162. 6 58 2, 117. 8 1, 688. 1 25 Equity attributable to equity holders of the company Minority interests Total equity Non-current liabilities Interest-bearing liabilities Other liabilities Current liabilities Trade and other payables Provisions Interest-bearing current liabilities Total equity and liabilities February 9, 2007 | YIT CORPORATION

Revenue and operating profit by quarter 2004– 2006 Operating profit, MEUR Revenue, MEUR February

Revenue and operating profit by quarter 2004– 2006 Operating profit, MEUR Revenue, MEUR February 9, 2007 | YIT CORPORATION

Operating profit by business segment MEUR 2006 2005 Change, % Building Systems 1) 87.

Operating profit by business segment MEUR 2006 2005 Change, % Building Systems 1) 87. 6 56. 8 54 170. 8 143. 1 19 18. 0 39. 1 -54 Other items -17. 6 -11. 3 56 YIT Group total 258. 8 227. 7 14 Construction Services Industrial and Network Services 2) 1) Building Systems released provisions for certain ended contractual obligations in the Q 42006 period. This had a positive impact of EUR 7. 2 million on operating profit. 2) Includes EUR 5. 1 million adjustment costs for personnel reductions in Q 3/2006. February 9, 2007 | YIT CORPORATION

Expanding maintenance services MEUR Net sales of maintenance and upkeep services and their share

Expanding maintenance services MEUR Net sales of maintenance and upkeep services and their share of YIT Group’s net sales 38% 33% 37% 27% 24% 20% 22% FAS 1999 - 2004 February 9, 2007 | YIT CORPORATION IFRS 2004 IFRS 2005 IFRS 2006

Maintenance services by business segment 2006 (2005) Building Systems MEUR 908 (841) 64% of

Maintenance services by business segment 2006 (2005) Building Systems MEUR 908 (841) 64% of revenue (60%) Other items MEUR -25 Industrial and Network Services MEUR 288 (305) 60% of revenue (77%) Construction Services MEUR 51 (42) 4% of revenue (3%) YIT Group total MEUR 1, 222 37% of revenue (38%) February 9, 2007 | YIT CORPORATION

Building Systems Revenue and order backlog by quarter 2004 - 2006 Revenue, MEUR 1,

Building Systems Revenue and order backlog by quarter 2004 - 2006 Revenue, MEUR 1, 321 1, 415 1, 398 1 -12 2004 Order backlog, MEUR 2005 1 -12 2006 *) At the beginning of 2006, industrial electricity, automation and HEPAC operations in Finland were transferred to the Industrial and Network Services business segment from the Building Systems business segment. The business functions that were transferred had revenue of EUR 58. 9 million in January-December/2005. Comparable growth in revenue in 2006 was 6 per cent in Building Systems. February 9, 2007 | YIT CORPORATION

Construction Services Revenue and order backlog by quarter 2004 - 2006 Revenue, MEUR 2004

Construction Services Revenue and order backlog by quarter 2004 - 2006 Revenue, MEUR 2004 Order backlog, MEUR 1, 147 1, 298 1, 452 1 -12 2005 2006 February 9, 2007 | YIT CORPORATION

Industrial and Network Services Revenue and order backlog by quarter 2004 - 2006 Revenue,

Industrial and Network Services Revenue and order backlog by quarter 2004 - 2006 Revenue, MEUR Order backlog, MEUR 359 1 -12 2004 2005 1 -12 2006 *) At the beginning of 2006, industrial electricity, automation and HEPAC operations in Finland were transferred to the Industrial and Network Services business segment from the Building Systems business segment. The business functions that were transferred had revenue of EUR 58. 9 million in January-December/2005. Comparable growth in revenue in 2006 was 4 per cent in Industrial and Network Services. February 9, 2007 | YIT CORPORATION

Building Systems Breakdown of revenue 2006 (2005) YIT Sverige AB Sweden 38% MEUR 541

Building Systems Breakdown of revenue 2006 (2005) YIT Sverige AB Sweden 38% MEUR 541 (538) Operations in Baltic countries and Russia 4% MEUR 54 (37) YIT A/S Denmark 10% MEUR 146 (124) YIT Kiinteistötekniikka Oy Finland 23% MEUR 327 (394) YIT Building Systems AS Norway 25% MEUR 346 (305) Revenue 2006 MEUR 1, 415. 1 (1, 398. 4) *) At the beginning of 2006, industrial electricity, automation and HEPAC operations in Finland were transferred to the Industrial and Network Services business segment from the Building Systems segment. The business functions that were transferred had revenue of EUR 58. 9 million in January-December/2005. Comparable growth in revenue in 2006 was 6 per cent in Building Systems. February 9, 2007 | YIT CORPORATION

Construction Services Breakdown of revenue 2006 (2005) Finland 75% MEUR 1, 083 (1, 000)

Construction Services Breakdown of revenue 2006 (2005) Finland 75% MEUR 1, 083 (1, 000) Lithuania, Latvia, Estonia 12% MEUR 170 (182) Russia 13% MEUR 190 (116) Revenue 2006 MEUR 1, 452. 2 (1, 298. 3) February 9, 2007 | YIT CORPORATION

Industrial and Network Services Breakdown of revenue 2006 (2005) Finland 94% MEUR 448 (371)

Industrial and Network Services Breakdown of revenue 2006 (2005) Finland 94% MEUR 448 (371) Other countries 6% MEUR 29 (28) Revenue 2006 MEUR 476. 9 (398. 8) *) At the beginning of 2006, industrial electricity, automation and HEPAC operations in Finland were transferred to the Industrial and Network Services business segment from the Building Systems segment. The business functions that were transferred had revenue of EUR 58. 9 million in January-December/2005. Comparable growth in revenue in 2006 was 4 per cent in Industrial and Network Services. February 9, 2007 | YIT CORPORATION

Order backlog by business segment Dec/2006 (Dec/2005) Building Systems 21% MEUR 601. 7 (492.

Order backlog by business segment Dec/2006 (Dec/2005) Building Systems 21% MEUR 601. 7 (492. 0) Other items -1% MEUR -36. 9 (-29. 1) Industrial and Network Services 7% MEUR 184. 0 (173. 3) Construction Services 73% MEUR 2, 053. 5 (1, 242. 6) Total order backlog Dec/2006 MEUR 2, 802. 3 (1, 878. 8) February 9, 2007 | YIT CORPORATION

Personnel by business segment Dec/2006 (Dec/2005) Building Systems 52% 11, 643 (11, 731) Group

Personnel by business segment Dec/2006 (Dec/2005) Building Systems 52% 11, 643 (11, 731) Group Services 1% 333 (317) Industrial and Network Services 21% 4, 642 (4, 126) Construction Services 26% 5, 693 (5, 115) Total number of employees 22, 311 (21, 289) February 9, 2007 | YIT CORPORATION

Personnel by country Dec/2006 (Dec/2005) Finland 51% 11, 355 (11, 159) Russia 6% 1,

Personnel by country Dec/2006 (Dec/2005) Finland 51% 11, 355 (11, 159) Russia 6% 1, 293 (907) Lithuania, Latvia, Estonia 7% 1, 622 (1, 492) Denmark 6% 1, 286 (1, 103) Norway 12% 2, 618 (2, 485) Sweden 18% 4, 137 (4, 143) Total number of employees 22, 311 (21, 289) February 9, 2007 | YIT CORPORATION

Gross capital expenditure 1999– 2006 MEUR % of revenue Major acquisitions: YIT Calor (2001),

Gross capital expenditure 1999– 2006 MEUR % of revenue Major acquisitions: YIT Calor (2001), YIT Primatel (2002) and YIT Building Systems (2003). February 9, 2007 | YIT CORPORATION

Appendix Development of Strategic Target Figures February 9, 2007 | YIT CORPORATION

Appendix Development of Strategic Target Figures February 9, 2007 | YIT CORPORATION

MEUR Revenue 1994 - 2006 Average annual growth 1994 -2006: 17% FAS 1994 -

MEUR Revenue 1994 - 2006 Average annual growth 1994 -2006: 17% FAS 1994 - 2004 IFRS 2004 2005 2006 Strategic target level: growth 10% per year on average February 9, 2007 | YIT CORPORATION

Operating profit (EBIT) 1994 – 2006 MEUR Average annual growth Keskimääräinen vuosittainen kasvu 1994

Operating profit (EBIT) 1994 – 2006 MEUR Average annual growth Keskimääräinen vuosittainen kasvu 1994 -2006: 24% (FAS): 18, 7% 1994 -2004 FAS 1994 - 2004 IFRS 2004 2005 2006 Strategic target level: EBIT margin 9% of revenue February 9, 2007 | YIT CORPORATION

% Return on investment 1994 - 2006 IFRS 2004 2005 2006 FAS 1994 -

% Return on investment 1994 - 2006 IFRS 2004 2005 2006 FAS 1994 - 2004 Strategic target level: 22% February 9, 2007 | YIT CORPORATION

% Equity ratio 1994 - 2006 FAS 1994 - 2004 Strategic target level: 35%

% Equity ratio 1994 - 2006 FAS 1994 - 2004 Strategic target level: 35% February 9, 2007 | YIT CORPORATION IFRS 2004 2005 IFRS 2006

Dividend payout 1995 -2006 Dividend/share, EUR Dividend/earnings, % *Board of Directors’ proposal. YIT´s dividend

Dividend payout 1995 -2006 Dividend/share, EUR Dividend/earnings, % *Board of Directors’ proposal. YIT´s dividend policy: 40– 60% of the annual profit after taxes and minority interests The doubling amount of shares wich came into effect on March 24, 2006 (split) has been taken into account. Year 2004 and 2005 are IFRS numbers. February 9, 2007 | YIT CORPORATION