YIT Group Interim Report JanuaryJune 2005 Group CEO

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YIT Group Interim Report January–June 2005 Group CEO Reino Hanhinen Event for analysts and

YIT Group Interim Report January–June 2005 Group CEO Reino Hanhinen Event for analysts and investors August 5, 2005 Together we can do it. 1 August 5, 2005 | YIT CORPORATION

Contents I. YIT Group, Interim Report January–June 2005 II. Strategic Financial Targets III. Market

Contents I. YIT Group, Interim Report January–June 2005 II. Strategic Financial Targets III. Market and Future Outlook Appendices • YIT Share • Interim Report Jan-Jun/2005 Together we can do it. 2 August 5, 2005 | YIT CORPORATION

Interim Report Jan-Jun/2005 YIT changed over to IFRS (International Financial Reporting Standards) on January

Interim Report Jan-Jun/2005 YIT changed over to IFRS (International Financial Reporting Standards) on January 1, 2005. Prior to the adoption of IFRS, YIT’s financial reporting was based on Finnish Accounting Standards (FAS). The Interim Reports for 2005 are drafted in accordance with IFRS recognition and measurement policies. The comparative figures for 2004 presented in the Interim Reports are also in line with IFRS. YIT Corporation’s IFRS comparative information for the 2004 financial year and a summary of the major changes were released as a stock exchange release on April 6, 2005. Due to revisions to IFRS standards, the comparative figures presented in the Interim Report differ in some respects from the figures presented in that stock exchange release. The IFRS-based financial information may have to be adjusted before it is included as information on the comparative period in the Group’s first IFRS financial statements, which will be drafted for the financial period ending on December 31, 2005. This is due to the revisions currently being made to IFRS norms. The financial figures presented for the Industrial and Network Services business segment have been prepared by combining the IFRS-based financial figures of Services for Industry and Data Network Services. The presentation is unaudited. Together we can do it. 3 August 5, 2005 | YIT CORPORATION

YIT corporate structure June 1, 2005 YIT Corporation Reino Hanhinen Corporate Management, Corporate Services,

YIT corporate structure June 1, 2005 YIT Corporation Reino Hanhinen Corporate Management, Corporate Services, Corporate Communications Building Systems Construction Services Ilpo Jalasjoki Juhani Pitkäkoski Building Systems Automation and security Facility Management Revenue 2004 MEUR 1, 321 Revenue Jan-Jun/2005 MEUR 668 Personnel Jun/2005 11, 774 Industrial and Network Services Pekka Frantti Housing Business environments Infrastructure Industrial projects Industrial maintenance Network services Revenue 2004 MEUR 359 Revenue 2004 MEUR 1, 147 Revenue Jan-Jun /2005 MEUR 586 Jan-Jun 2005 MEUR 186 Personnel Jun/2005 4, 284 Personnel Jun/2005 4, 923 On January 1, 2006, industrial electricity, automation and HEPAC will be transferred from the Building Systems business segment to the new Industrial and Network Services business segment. Together we can do it. 4 August 5, 2005 | YIT CORPORATION

Interim Report Jan-Jun/2005 • All the business segments improved their operating profit and profitability.

Interim Report Jan-Jun/2005 • All the business segments improved their operating profit and profitability. Operating profit growth was 27% amounting to EUR 95. 5 million (75. 4). Operating profit margin was 6. 8% (5. 4%). Profit before taxes grew by 34% to EUR 90. 0 million (67. 2). • Return on investment was 21. 8%. • Earnings per share growth was 51% amounting to EUR 1. 09 (0. 72). • Equity ratio was 31. 8% (27. 6%). Gearing ratio was 66. 6% (101. 7%). • Revenue was on a par with the previous year amounting to EUR 1, 409. 0 million (1, 399. 1) • The share of revenue accounted for by the Group’s international activities was 42% (41%). • The share of revenue accounted for by the maintenance and servicing business was 38% (36%) or EUR 532. 5 million (498, 3). • The uninvoiced backlog of orders at the end of the period increased by 16% and amounted to EUR 1, 999. 2 million (1, 722. 2). Together we can do it. 5 August 5, 2005 | YIT CORPORATION

Consolidated income statement MEUR IFRS Jan-Jun/2005 IFRS Jan-Jun /2004 Change, % IFRS Jan-Dec /2004

Consolidated income statement MEUR IFRS Jan-Jun/2005 IFRS Jan-Jun /2004 Change, % IFRS Jan-Dec /2004 1, 409. 0 1, 399. 1 1 2, 780. 1 • of which international activities 594. 7 574. 0 4 1, 183. 2 Operating income and expenses -1, 302. 4 -1, 344, 5 -1 -2, 600. 7 -11. 1 -12, 2 -9 -22. 3 95. 5 75, 4 27 157. 1 • as percentage of revenue 6. 8 5. 4 - 5. 7 Financial income 1. 0 0. 9 11 2. 1 Exchange rate differences 2. 1 0. 5 *) -1. 1 Financial expenses -8. 6 -9. 6 -10 -18. 1 Profit before taxes 90. 0 67. 2 34 140. 0 6. 4 4, 8 - 5. 0 -23. 2 -22. 4 4 -39. 5 Profit for the report period 66. 8 44. 8 49 100. 5 • as percentage of revenue 4. 7 3. 2 - 3. 6 Equity holders of the parent company 67. 0 44. 2 52 99. 1 Minority interests -0. 2 0. 6 *) 1. 4 Earnings per share, EUR 1. 09 0. 72 51 0. 72 47 Revenue Depreciation and write-downs Operating profit • as percentage of revenue Income taxes Attributable to *) Change over 100% Diluted earnings per share, EUR 6 1. 06 August 5, 2005 | YIT CORPORATION 1. 62 Together we can do it. 1. 60

Operating profit by business segment Jan-Jun/2005 and Jan-Jun/2004 MEUR Building Systems Construction Services Jan-Jun/

Operating profit by business segment Jan-Jun/2005 and Jan-Jun/2004 MEUR Building Systems Construction Services Jan-Jun/ 2004 Jan-Jun/ 2005 Industrial and Network Services Other items Total operating profit Jan-Jun/2005 MEUR 95. 5 Jan-Jun/2004 MEUR 75. 4 Together we can do it. 7 August 5, 2005 | YIT CORPORATION

Building Systems Operating profit Q 1/2004 -Q 2/2005 Operating profit, MEUR Operating profit margin,

Building Systems Operating profit Q 1/2004 -Q 2/2005 Operating profit, MEUR Operating profit margin, % 1) 1) 1 -3/ 04 4 -6/ 04 7 -9/ 04 10 -12/ 1 -12/ 04 04 1 -3/ 05 4 -6/ 05 1 -3/ 04 4 -6/ 04 7 -9/ 04 10 -12/ 04 1 -3/ 05 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). Together we can do it. 8 August 5, 2005 | YIT CORPORATION 4 -6/ 05

Construction Services Operating profit Q 1/2004 -Q 2/2005 Operating profit, MEUR 1 -3/ 04

Construction Services Operating profit Q 1/2004 -Q 2/2005 Operating profit, MEUR 1 -3/ 04 4 -6/ 04 7 -9/ 10 -12/ 1 -12/ 04 04 04 1 -3/ 05 Operating profit margin, % 1 -3/ 04 4 -6/ 05 4 -6/ 04 7 -9/ 10 -12/ 1 -12/ 04 04 04 1 -3/ 05 Together we can do it. 9 August 5, 2005 | YIT CORPORATION 4 -6/ 05

Industrial and Network Services Operating profit Q 1/2004 -Q 2/2005 Operating profit, MEUR 1

Industrial and Network Services Operating profit Q 1/2004 -Q 2/2005 Operating profit, MEUR 1 -3/ 04 4 -6/ 04 7 -9/ 04 10 -12/ 04 1 -3/ 05 Operating profit margin, % 4 -6/ 05 1 -3/ 04 4 -6/ 04 7 -9/ 04 10 -12/ 1 -12/ 04 04 1 -3/ 05 Together we can do it. 10 August 5, 2005 | YIT CORPORATION 4 -6/ 05

Earnings per share per quarter EUR Jan-Mar/ 2004 Apr-Jun/ 2004 Jul-Sep/ 2004 Oct-Dec/ 2004

Earnings per share per quarter EUR Jan-Mar/ 2004 Apr-Jun/ 2004 Jul-Sep/ 2004 Oct-Dec/ 2004 Jan-Mar/ 2005 Apr-Jun/ 2005 Together we can do it. 11 August 5, 2005 | YIT CORPORATION

Revenue by business segment MEUR IFRS Jan-Jun/ 2005 IFRS Jan-Jun/ 2004 Change, % IFRS

Revenue by business segment MEUR IFRS Jan-Jun/ 2005 IFRS Jan-Jun/ 2004 Change, % IFRS Jan-Dec/ 2004 Building Systems 667. 5 651. 8 2 1, 321. 2 Construction Services 585. 8 603. 8 -3 1, 147. 2 Industrial and Network Services 186. 3 165. 0 13 359. 1 Other items -30. 6 -21. 5 42 -47. 4 1, 409. 0 1, 399. 1 1 2, 780. 1 YIT Group total Together we can do it. 12 August 5, 2005 | YIT CORPORATION

Revenue by business segment Jan-Jun/2005 Building Systems 46% MEUR 667. 5 Industrial and Network

Revenue by business segment Jan-Jun/2005 Building Systems 46% MEUR 667. 5 Industrial and Network Services 13% MEUR 186. 3 Construction Services 41% MEUR 585. 8 Total revenue MEUR 1, 409. 0 - share of international activities MEUR 594. 7 Together we can do it. 13 August 5, 2005 | YIT CORPORATION

Revenue by country Jan-Jun/2005 Finland 57. 7% MEUR 814. 3 Other countries 0. 6%

Revenue by country Jan-Jun/2005 Finland 57. 7% MEUR 814. 3 Other countries 0. 6% MEUR 8. 4 Russia 2. 9% MEUR 40. 4 Baltic countries 5. 4% MEUR 75. 8 Other Nordic countries 33. 4% MEUR 470. 1 Total revenue MEUR 1, 409. 0 - share of international activities MEUR 594. 7 Together we can do it. 14 August 5, 2005 | YIT CORPORATION

Order backlog at end of period MEUR 1, 823. 4 1, 722. 2 1,

Order backlog at end of period MEUR 1, 823. 4 1, 722. 2 1, 909. 4 1, 999. 2 1, 708. 2 1, 585. 2 Together we can do it. 15 August 5, 2005 | YIT CORPORATION

Order backlog by business segment MEUR Building Systems IFRS Change, % Jun/2005 Jun /2004

Order backlog by business segment MEUR Building Systems IFRS Change, % Jun/2005 Jun /2004 IFRS Dec/2004 602. 6 566. 5 6 557. 8 1, 263. 3 963. 0 31 1, 066. 4 Industrial and Network Services 187. 3 192. 7 -3 199. 2 Other items -54. 0 - - - 1, 999. 2 1 722. 2 16 1, 823. 4 Construction Services YIT Group total Together we can do it. 16 August 5, 2005 | YIT CORPORATION

Interest-bearing net debt and gearing ratio Jan 1, 2004 (opening balance sheet) – Jun/2005

Interest-bearing net debt and gearing ratio Jan 1, 2004 (opening balance sheet) – Jun/2005 Interest-bearing net debt, MEUR Gearing ratio, % Together we can do it. 17 August 5, 2005 | YIT CORPORATION

Strategic Financial Targets Together we can do it. 18 August 5, 2005 | YIT

Strategic Financial Targets Together we can do it. 18 August 5, 2005 | YIT CORPORATION

YIT’s strategic target levels • Average annual growth in revenue 5– 10% • Return

YIT’s strategic target levels • Average annual growth in revenue 5– 10% • Return on investment 20% • Equity ratio 35% • Dividend payout 30– 50% of net profit for the year after taxes and minority interests Together we can do it. 19 August 5, 2005 | YIT CORPORATION

Expanding maintenance services Revenue accounted for by maintenance and upkeep services and their share

Expanding maintenance services Revenue accounted for by maintenance and upkeep services and their share of the Group’s total revenue MEUR 33% 37% 24% 20% 36% 24% 38% 22% IFRS 2004 FAS 1994 - 2004 1 -6/05 Together we can do it. 20 August 5, 2005 | YIT CORPORATION

Revenue 1994 - Jan–Jun/2005 MEUR Keskimääräinen vuosittainen kasvu Average annual growth 1994 -2004 (FAS):

Revenue 1994 - Jan–Jun/2005 MEUR Keskimääräinen vuosittainen kasvu Average annual growth 1994 -2004 (FAS): 18, 7% 1994 -2004 (FAS): 18. 7% FAS 1994 - 2004 IFRS 2004 1 -6/04 1 -3/04 1 -6/05 1 -3/05 Strategic target level: growth 5– 10% per year Together we can do it. 21 August 5, 2005 | YIT CORPORATION

% Return on investment 1994 - Jun/2005 FAS 1994 - 2004 IFRS 2004 6/05

% Return on investment 1994 - Jun/2005 FAS 1994 - 2004 IFRS 2004 6/05 Strategic target level: 20% Together we can do it. 22 August 5, 2005 | YIT CORPORATION

Equity ratio 1994 - Jun/2005 % FAS 1994 - 2004 IFRS 2004 6/05 Strategic

Equity ratio 1994 - Jun/2005 % FAS 1994 - 2004 IFRS 2004 6/05 Strategic target level: 35% Together we can do it. 23 August 5, 2005 | YIT CORPORATION

Dividend payout 1995 -2004 Dividend/share*, EUR Dividend/earnings, % * The doubling of the number

Dividend payout 1995 -2004 Dividend/share*, EUR Dividend/earnings, % * The doubling of the number of shares, which came into effect March 26, 2004, has been taken into account. YIT´s dividend policy: 30– 50% of the annual profit after taxes and minority interests Together we can do it. 24 August 5, 2005 | YIT CORPORATION

Market and Future Outlook Together we can do it. 25 August 5, 2005 |

Market and Future Outlook Together we can do it. 25 August 5, 2005 | YIT CORPORATION

Market outlook in Nordic countries New construction and renovation • Residential construction – stable

Market outlook in Nordic countries New construction and renovation • Residential construction – stable in Finland, Norway and Denmark – growing in Sweden • Renovation – grows constantly in all countries • Commercial buildings – low in all Nordic countries, but growth expected • Public sector – investments usually low due to financing difficulties – in Norway increased construction of governmental buildings, hospitals, schools and nursery homes Together we can do it. 26 August 5, 2005 | YIT CORPORATION

Migration between municipalities in Finland persons 1 -6/2005: 131, 319 1 -6/2004: 127, 473

Migration between municipalities in Finland persons 1 -6/2005: 131, 319 1 -6/2004: 127, 473 Source: Statistics Finland, July 21, 2005 Together we can do it. 27 August 5, 2005 | YIT CORPORATION

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

Housing loans and interest rates in Finland % MEUR Source: Bank of Finland, July 29, 2005 Together we can do it. 28 August 5, 2005 | 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, July 27, 2005 Together we can do it. 29 August 5, 2005 | YIT CORPORATION

Number of start-ups in YIT’s housing production in Finland No. 3, 169 3, 278

Number of start-ups in YIT’s housing production in Finland No. 3, 169 3, 278 2, 944 3, 108 2, 717 1, 951 1, 556 Together we can do it. 30 August 5, 2005 | YIT CORPORATION

YIT’s housing production in Russia and Baltic countries No. 1 -6/ 2004 1 -6

YIT’s housing production in Russia and Baltic countries No. 1 -6/ 2004 1 -6 2005 1 -12/ 2004 6/2004 6/2005 12/2004 Together we can do it. 31 August 5, 2005 | YIT CORPORATION

Construction Services Russia and Baltic Countries Russia: 144. 2 million inhabitants (2003) 17, 078,

Construction Services Russia and Baltic Countries Russia: 144. 2 million inhabitants (2003) 17, 078, 000 sq. km PÄRNUTALLINN KAUNAS ST. PETERSBURG (4. 7) RIGA VILNIUS MOSCOW (10. 1) MOS. OBLAST (6. 5) NIZHNI-NOVGOROD (1. 3) KAZAN (1. 1) JEKATERINBURG (1. 3) SAMARA (1. 2) Current business locations Potential expansion 2007 -2015 Together we can do it. 32 August 5, 2005 | YIT CORPORATION

Industrial confidence indicator Source: Confidence indicators of the Confederation of Finnish Industries, EK Together

Industrial confidence indicator Source: Confidence indicators of the Confederation of Finnish Industries, EK Together we can do it. 33 August 5, 2005 | YIT CORPORATION

Industrial investments • Industrial fixed investments start to grow in Finland in 2005. •

Industrial investments • Industrial fixed investments start to grow in Finland in 2005. • Fixed investments is estimated to grow by 10 per cent. • The value of industrial investments in 2005 is 3. 7 billion euros. • Investments will grow especially within the chemical industry and within the machinery and equipment industry. • In addition, investments by the electrical, gas and water supply sectors is estimated to rise by 25 per cent. Source: Investment survey of the Confederation of Finnish Industries, EK, June 2005 Together we can do it. 34 August 5, 2005 | YIT CORPORATION

Network services • Broadband trend continues and the amount of transferred information increases. The

Network services • Broadband trend continues and the amount of transferred information increases. The national broadband strategy’s objective of breaking the milestone of one million broadband connections before the end of 2005 was achieved well ahead of schedule already in June. • Competition between operators creates cost pressures, opens up the market for installation services and enhances the importance on know-how. • Technical IT first end services (FESS) continues to provide attractive prospects. • Investments in telecom networks and demand for related installation services will remain slight due to the severe price competition between operators. • Developing the know-how in electrical networks is a potential growth area. Together we can do it. 35 August 5, 2005 | YIT CORPORATION

Market situation • The Nordic countries are still booming. Financial research institutions estimate that

Market situation • The Nordic countries are still booming. Financial research institutions estimate that the national economies of the Nordic countries will develop at a stable rate of about 2 -3 per cent in 2005 -2007, outpacing growth in the EU by approximately one percentage point. • Russia and Norway benefit from the high price of oil. The rate of growth in Russia, Estonia, Latvia and Lithuania is about twice as fast as in the Nordic countries. • The Nordic construction market will grow by 3. 5 per cent during the present year. In 2006 and 2007, growth will slacken to 1. 9 and 1. 8 per cent respectively. • The current information indicates that interest rates in the euro zone will remain at a relatively low level during the forecast period, maintaining investments and demand for housing. The good trend in incomes and the improving employment situation support household consumption. • Housing sales in Finland will be as brisk as in the previous year. • Growth in exports and industrial output increases the need for industrial investments and maintenance in the Nordic countries. Together we can do it. 36 August 5, 2005 | YIT CORPORATION

Outlook for 2005 in residential housing • It is estimated that Construction Services will

Outlook for 2005 in residential housing • It is estimated that Construction Services will start up about 2, 900 market-financed residential units in Finland in 2005. The number of housing start-ups in 2004 was 2, 717, of which 2, 515 were market-financed. • It is estimated that over 3, 000 residential units will be started in Russia and the Baltic countries (start-ups in 2004: 3, 873). Together we can do it. 37 August 5, 2005 | YIT CORPORATION

Outlook for 2005 • We estimate that the pre-tax result for 2005 will be

Outlook for 2005 • We estimate that the pre-tax result for 2005 will be significantly better than in the previous year. Together we can do it. 38 August 5, 2005 | YIT CORPORATION

More information on our site at www. yit. fi Esko Mäkelä Executive Vice President

More information on our site at www. yit. fi Esko Mäkelä Executive Vice President tel. +358 20 433 2258 fax +358 20 433 3725 e-mail: esko. makela@yit. fi Petra Thorén Manager, Investor Relations tel. +358 20 433 2635 mobile +358 40 764 5462 fax +358 20 433 3725 e-mail: petra. thoren@yit. fi Veikko Myllyperkiö Vice President, Corporate Communications tel. +358 20 433 2297 mobile +358 40 840 2500 fax +358 20 433 3746 e-mail: veikko. myllyperkio@yit. fi Together we can do it. 39 August 5, 2005 | YIT CORPORATION

Appendices YIT Share Together we can do it. 40 August 5, 2005 | YIT

Appendices YIT Share Together we can do it. 40 August 5, 2005 | YIT CORPORATION

Market capitalization, 2000–July/2005 (EUR million at end of month) 2000 2001 2002 2003 2004

Market capitalization, 2000–July/2005 (EUR million at end of month) 2000 2001 2002 2003 2004 Together we can do it. 41 August 5, 2005 | YIT CORPORATION 2005

YIT listed on the Dow Jones STOXX 600 index • YIT met the Dow

YIT listed on the Dow Jones STOXX 600 index • YIT met the Dow Jones STOXX 600 index selection criteria at the quarterly review on May 17, 2005 and was added to the index and its market sector indexes starting from June 20, 2005. • The index lists the top 600 stocks traded on the major exchanges of 17 European countries designed to provide a broad and liquid representation of the European market based on free-float market capitalization – the index comprises large, mid and small size indices of 200 components each – YIT belongs to the 200 small size group – YIT is categorised under construction and materials – The index is reviewed quarterly in March, June, September and December • YIT was previously listed on the Dow Jones STOXX TMI index that covers 95% of the underlying market capitalization on the major exchanges of 17 European countries Together we can do it. 42 August 5, 2005 | YIT CORPORATION

Monthly equity turnover, 2000– 7/2005 (EUR million) 2000 2001 2002 2003 2004 2005 Together

Monthly equity turnover, 2000– 7/2005 (EUR million) 2000 2001 2002 2003 2004 2005 Together we can do it. 43 August 5, 2005 | YIT CORPORATION

Principal shareholders July 29, 2005 No. 1. Sampo Life Insurance Company Ltd 5, 654,

Principal shareholders July 29, 2005 No. 1. Sampo Life Insurance Company Ltd 5, 654, 560 2. Suomi Mutual Life Assur. Company 4, 285, 590 3. Varma-Sampo 3, 906, 604 4. Ilmarinen Mutual Pension Ins. Co 1, 907, 947 5. Tapiola Insurance Group 1, 334, 180 6. Etera Mutual Pension Ins. Company 902, 200 7. Pohjola Insurance Group 870, 885 8. Odin Förvaltning As 753, 660 9. OP-Delta investment fund 748, 760 10. Kaleva Mutual Insurance Company 738, 700 Nominee-registered 20, 341, 305 Other shareholders 20, 554, 707 Total 61, 999, 098 % 9. 12 6. 91 6. 30 3. 08 2. 15 1, 46 1. 40 1. 22 1. 21 1. 19 32, 81 33. 15 100. 00 Total number of shareholders 8, 510. Nominal value of the share EUR 1. 00 (registered on March 26, 2004, whereby the number of shares was doubled). Share capital EUR 61, 999, 098. Together we can do it. 44 August 5, 2005 | YIT CORPORATION

Nominee-registered shareholders + other international ownership as percentage of equity 1999 2000 2001 2002

Nominee-registered shareholders + other international ownership as percentage of equity 1999 2000 2001 2002 2003 2004 Together we can do it. 45 August 5, 2005 | YIT CORPORATION 2005

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. Together we can do it. 46 August 5, 2005 | YIT CORPORATION

Appendices Interim Report Jan-Jun/2005 Together we can do it. 47 August 5, 2005 |

Appendices Interim Report Jan-Jun/2005 Together we can do it. 47 August 5, 2005 | YIT CORPORATION

Key figures IFRS Jun/2005 /2004 1. 09 0. 72 51 1. 62 Diluted earnings

Key figures IFRS Jun/2005 /2004 1. 09 0. 72 51 1. 62 Diluted earnings per share, EUR 1. 06 0. 72 47 1. 60 Equity per share, EUR 7. 53 6. 32 19 7. 20 27. 60 16. 74 65 18. 36 1, 711. 2 1, 023. 8 67 1, 125. 3 313. 6 397. 4 -21 349. 3 Return on investment, % 1) 21. 8 - - 19. 2 Equity ratio, % 31. 8 27. 6 - 31. 0 Gearing ratio, % 66. 6 101. 7 - 78. 4 Gross capital expenditures on non-current assets, EUR million 14. 1 19. 0 -26 35. 6 1, 999. 2 1, 722. 2 16 1, 823. 4 738. 2 639. 4 15 645. 0 21, 153 21, 700 -3 21, 884 Market capitalization at end of period, EUR million Net interest-bearing debt at end of period, EUR million Order backlog at end of period, EUR million 2) - of which international orders Average personnel 2) IFRS Dec/2004 Earnings per share, EUR Share price at end of period, EUR 1) Change, % Calculated for the period from July 1, 2004 - June 30, 2005, using the balance sheet figures as of June 30, 2004, and June 30, 2005. No comparative figure for 2004 is available. Together we can do it. Portion of binding orders not recognized as income. 48 August 5, 2005 | YIT CORPORATION

Consolidated balance sheet MEUR ASSETS IFRS Jun/2005 IFRS Jun/2004 Change, % IFRS Dec/2004 78.

Consolidated balance sheet MEUR ASSETS IFRS Jun/2005 IFRS Jun/2004 Change, % IFRS Dec/2004 78. 3 103. 5 -24 81. 0 248. 8 248. 2 - 248. 8 12. 5 - 13. 1 Investments 4. 1 3. 9 5 4. 1 Receivables 9. 1 5. 9 54 7. 8 21. 3 22. 5 -5 26. 1 Inventories 685. 4 572. 6 20 629. 3 Trade and other receivables 517. 3 499. 0 4 469. 9 - 0. 8 *) - 35. 4 37. 2 -5 36. 1 1, 612. 2 1, 506. 1 7 1, 516. 2 Non-current assets Property, plant and equipment Goodwill Other intangible assets Deferred tax assets Current assets Investments Cash and cash equivalents Total assets Together we can do it. *) Change over 100% 49 August 5, 2005 | YIT CORPORATION

Consolidated balance sheet MEUR EQUITY AND LIABILITIES IFRS Jun/2005 IFRS Jun/2004 Change, % IFRS

Consolidated balance sheet MEUR EQUITY AND LIABILITIES IFRS Jun/2005 IFRS Jun/2004 Change, % IFRS Dec/2004 Share capital 62. 0 61. 2 1 61. 3 Other equity 404. 7 325. 3 24 380. 0 3. 9 4. 2 -7 4. 1 470. 6 390. 7 20 445. 4 Deferred tax liabilities 23. 3 14. 4 62 19. 9 Pension liabilities 10. 0 5. 6 79 9. 8 Provisions 33. 0 27. 6 20 26. 5 177. 1 244. 1 -27 224. 0 3. 9 3. 3 18 3. 7 711. 1 613. 8 16 601. 9 11. 3 15. 3 -26 23. 6 171. 9 191. 3 -10 161. 4 1, 612. 2 1, 506. 1 Equity attributable to equity holders of the parent 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 50 August 5, 2005 | YIT CORPORATION Together we can do it. 7 1, 516. 2

Operating profit by business segment MEUR IFRS Jan-Jun/ 2005 IFRS Jan-Jun/ 2004 Change, %

Operating profit by business segment MEUR IFRS Jan-Jun/ 2005 IFRS Jan-Jun/ 2004 Change, % IFRS Jan-Dec/ 2004 Building Systems 22. 5 11. 9 89 34. 1 Construction Services 63. 3 58, 1 9 101, 9 Industrial and Network Services 15. 6 8, 0 95 27. 6 Other items -5. 9 -2. 6 *) -6. 5 YIT Group total 95. 5 75. 4 27 157. 1 *) Change over 100% Together we can do it. 51 August 5, 2005 | YIT CORPORATION

Revenue and operating profit by quarter Q 1/2004 -Q 2/2005 Operating profit, MEUR Revenue,

Revenue and operating profit by quarter Q 1/2004 -Q 2/2005 Operating profit, MEUR Revenue, MEUR 1 -3/ 04 4 -6/ 04 7 -9/ 04 10 -12/ 1 -3/ 05 04 4 -6/ 05 1 -3/ 04 4 -6/ 04 7 -9/ 04 10 -12/ 04 1 -3/ 05 Together we can do it. 52 August 5, 2005 | YIT CORPORATION 4 -6/ 05

Building Systems Revenue and order backlog by quarter Q 1/2004 -Q 2/2005 Revenue, MEUR

Building Systems Revenue and order backlog by quarter Q 1/2004 -Q 2/2005 Revenue, MEUR 1 -3/ 04 4 -6/ 04 7 -9/ 10 -12/ 1 -12/ 04 04 04 Order backlog, MEUR 1 -3/ 05 3/ 04 4 -6/ 05 6/ 04 9/ 04 12/ 04 3/ 05 Together we can do it. 53 August 5, 2005 | YIT CORPORATION 6/ 05

Construction Services Revenue and order backlog by quarter Q 1/2004 -Q 2/2005 Order backlog,

Construction Services Revenue and order backlog by quarter Q 1/2004 -Q 2/2005 Order backlog, MEUR Revenue, MEUR 1 -3/ 04 4 -6/ 04 7 -9/ 10 -12/ 1 -12/ 04 04 04 1 -3/ 05 3/ 04 4 -6/ 05 6/ 04 9/ 04 12/ 04 3/ 05 Together we can do it. 54 August 5, 2005 | YIT CORPORATION 6/ 05

Industrial and Network Services Revenue and order backlog by quarter Q 1/2004 -Q 2/2005

Industrial and Network Services Revenue and order backlog by quarter Q 1/2004 -Q 2/2005 Order backlog, MEUR Revenue, MEUR 1 -3/ 04 4 -6/ 04 7 -9/ 10 -12/ 1 -12/ 04 04 04 1 -3/ 05 4 -6/ 05 3/ 04 6/ 04 9/ 04 12/ 04 3/ 05 6/ 05 Together we can do it. 55 August 5, 2005 | YIT CORPORATION

Building Systems Breakdown of revenue Jan-Jun/2005 YIT Sverige AB Sweden 39% MEUR 259. 5

Building Systems Breakdown of revenue Jan-Jun/2005 YIT Sverige AB Sweden 39% MEUR 259. 5 YIT A/S Denmark 9% MEUR 59. 9 YIT Building Systems AS Norway 22% MEUR 147. 3 YIT Kiinteistötekniikka Oy Finland 1) 30% MEUR 202. 3 1) Total revenue MEUR 667. 5 Includes the Russian and Baltic operations Together we can do it. 56 August 5, 2005 | YIT CORPORATION

Construction Services Breakdown of revenue Jan-Jun/2005 International operations 18%* MEUR 105. 1 Operations in

Construction Services Breakdown of revenue Jan-Jun/2005 International operations 18%* MEUR 105. 1 Operations in Finland 82% MEUR 480. 7 Total revenue MEUR 585. 8 * Mainly Russia, Estonia, Latvia and Lithuania. Together we can do it. 57 August 5, 2005 | YIT CORPORATION

Industrial and Network Services Breakdown of revenue Jan-Jun/2005 International operations 8% MEUR 15. 2

Industrial and Network Services Breakdown of revenue Jan-Jun/2005 International operations 8% MEUR 15. 2 Operations in Finland 92% MEUR 171. 1 Total revenue MEUR 186. 3 Together we can do it. 58 August 5, 2005 | YIT CORPORATION

Revenue 1995– 2004 FAS 2004 – Jan-Jun/2005 IFRS MEUR 3, 033. 4 2, 780.

Revenue 1995– 2004 FAS 2004 – Jan-Jun/2005 IFRS MEUR 3, 033. 4 2, 780. 1 2, 389. 7 1, 623. 1 1, 763. 0 1, 399. 1 1, 409. 0 1, 167. 7 1, 222. 1 876. 3 1, 235. 4 941. 4 660. 0 2004 1 -6/05 IFRS Together we can do it. 59 August 5, 2005 | YIT CORPORATION

Maintenance and upkeep services by business segment Jan-Jun/2005 Building Systems MEUR 394. 0 59%

Maintenance and upkeep services by business segment Jan-Jun/2005 Building Systems MEUR 394. 0 59% of revenue Industrial and Network Services MEUR 144. 0 77% of revenue Construction Services MEUR 19. 1 3% of revenue Maintenance and upkeep services YIT Group total MEUR 532. 5 38% of revenue Together we can do it. 60 August 5, 2005 | YIT CORPORATION

Order backlog by business segment Jun/2005 Building Systems 29% MEUR 602. 6 Industrial and

Order backlog by business segment Jun/2005 Building Systems 29% MEUR 602. 6 Industrial and Network Services 9% MEUR 187. 3 Construction Services 62% MEUR 1, 263. 3 Total order backlog MEUR 1, 999. 2 Together we can do it. 61 August 5, 2005 | YIT CORPORATION

Personnel at end of period 21 952 6/04 Together we can do it. 62

Personnel at end of period 21 952 6/04 Together we can do it. 62 August 5, 2005 | YIT CORPORATION 21 297 6/05

Personnel by business segment June 30, 2005 Building Systems 55% 11, 774 Corporate Services

Personnel by business segment June 30, 2005 Building Systems 55% 11, 774 Corporate Services 2% 316 Industrial and Network Services 20% 4, 284 Construction Services 23% 4, 923 Total number of employees 21, 297 persons Together we can do it. 63 August 5, 2005 | YIT CORPORATION

Personnel by country June 30, 2005 Finland 55% 11, 625 Russia 3% 717 Baltic

Personnel by country June 30, 2005 Finland 55% 11, 625 Russia 3% 717 Baltic countries 7% 1, 380 Denmark 5% 1, 028 Norway 11% 2, 433 Sweden 19% 4, 114 Total number of employees 21, 297 persons Together we can do it. 64 August 5, 2005 | YIT CORPORATION

Gross capital expenditures 1999 – Jan-Jun/2005 MEUR % of revenue Major acquisitions: YIT Calor

Gross capital expenditures 1999 – Jan-Jun/2005 MEUR % of revenue Major acquisitions: YIT Calor (2001), YIT Primatel (2002) and YIT Building Systems (2003). Together we can do it. 65 August 5, 2005 | YIT CORPORATION

Fixed investments within manufacturing industry EUR million, market prices Investment survey of the Confederation

Fixed investments within manufacturing industry EUR million, market prices Investment survey of the Confederation of Finnish Industries, EK National accounts investments Together we can do it. 66 August 5, 2005 | YIT CORPORATION