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Regulatory press release

YIT Oyj: YIT has signed an implementation phase contract on the construction of the new H Building of Vaasa Central Hospital

YIT
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YIT, as part of the Bothnia High 5 alliance, has signed an implementation phase alliance contract on the construction of the new H Building of Vaasa Central Hospital. The total value of the contract is approximately EUR 140 million, of which YIT's share is approximately EUR 123 million. The contract will be entered in the second quarter's order backlog. 

The Bothnia High 5 alliance consists of YIT, Ramboll Finland, Raami Architects, Kontukoski Architects, Granlund Pohjanmaa and the Vaasa Hospital District. 

The construction work starts immediately. The project's implementation phase consists of the construction period and a five-year warranty period, which begins when the building is put into use. The new building will be put into use in 2022. The implementation phase was preceded by a development phase that began in December 2017 and involved planning, infrastructure works and preparatory work in the hospital area.  

Additional information on the Bothnia High 5 project is available in Finnish at www.bothniahigh5.fi (https://eur03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.bothniahigh5.fi&data=02%7C01%7Channa.raitanen%40yit.fi%7C9723640222b44743048808d6df4f0530%7Cde5d17d0fbc24c29b0f7d6685b6c3ef0%7C0%7C0%7C636941927830656027&sdata=SJfyRvC1awASUFyNm2NvwMIdkrMgV3TjGtuf1Odaki0%3D&reserved=0). 

For further information, please contact: 

Hanna Jaakkola, Vice President, Investor Relations, YIT Corporation, tel. +358 40 566 6070, hanna.jaakkola@yit.fi
Esa Neuvonen, EVP, Business Premises and Partnership Properties segments, YIT Corporation, tel. +358 40 500 1003, esa.neuvonen@yit.fi 

  
YIT Corporation 

Hanna Jaakkola 

Vice President, Investor Relations 

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com 

YIT is the largest Finnish and significant North European construction company. We develop and build apartments, business premises and entire areas. We are also specialised in demanding infrastructure construction and paving. Together with our customers, our 10,000 professionals are creating more functional, more attractive and more sustainable cities and environments. We work in 11 countries: Finland, Russia, Scandinavia, the Baltic Countries, the Czech Republic, Slovakia and Poland. The new YIT was born when over 100-year-old YIT Corporation and Lemminkäinen Corporation merged on February 1, 2018. Our pro forma revenue for 2017 was over EUR 3.8 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com    

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