YIT | 1 | Interim Report January – September 2013 Tripla, Pasila Helsinki Strategy execution proceeding in demanding market environment Interim Report January – September 2013 Kari Kauniskangas, President and CEO I October 30, 2013

YIT | 2 | Interim Report January – September 2013 Group development Business review at segment level Financial position and key ratios Future outlook Appendices Contents Zeleny Bereg Moscow, Russia Note: Figures in this presentation are related to construction business ie. continuing operations, unless otherwise stated Residential building Pori, Finland

Group development

YIT | 4 | Interim Report January – September 2013 Q3 highlights Profitability, sales and order backlog Profitability improved in Russia, but the Finnish market continued demanding Outlook for 2013 Continuing uncertainty in the macro environment Sales volume in Russian residential stayed on a high level Margin improved despite increased supply hindering targeted price increases High activity in investor deals compensated slower consumer sales in Finnish residential Apartment sales proceeding fairly well, challenges with sales of detached and terraced houses as well as big and expensive apartments Increased share of revenue from investor deals impacted margins Good progress in the leasing of ongoing Business Premises’ projects Profitability remained on a good level in Infra Services Project management and execution intact Cash flow clearly negative due to progress in production and plot acquisitions Success in stopping the increase of completed unsold apartments in Finland YIT estimates that the revenue and operating profit based on the Group's segment reporting for 2013 will decrease from the level of 2012, excluding non-recurring items* Continuing uncertainty over the general macroeconomic development impacts YIT’s business operations and customers Group development *Guidance, based on segment reporting (POC = percentage of completion), has not been updated since September 11, 2013 Strategy implementation Good progress in large-scale projects Russian residential development (St. Petersburg and Tyumen) Big hybrid project in Finland (Pasila, Helsinki) Rights for own-developed wind power project acquired Management’s short term focus on sales, cash flow as well as capital and cost efficiency

YIT | 5 | Interim Report January – September 2013 Solid order backlog, revenue at previous year’s level Order backlog (EUR million) Change Q3/12 – Q3/13: 2% Revenue (EUR million) Change Q3/12 – Q3/13: -3% All figures according to segment reporting (POC) Group development

YIT | 6 | Interim Report January – September 2013 Operating profit (EUR million) Change Q3/12 – Q3/13: -29%*, -18% excluding non-recurring items Earnings per share (EUR) Change Q3/12 – Q3/13: -36% Operating profit was modest All figures according to segment reporting (POC) Operating profit% of revenue Group development *A EUR 10.0 million cost provision covering costs related to the ammonia case in St. Petersburg was made in Q3/11. EUR 7.0 million of the provision was released in Q3/12.

YIT | 7 | Interim Report January – September 2013 EBIT bridge from Q3/12 to Q3/13 excluding non-recurring items Change EUR million All figures according to segment reporting (POC) Group development Note: A EUR 10.0 million cost provision covering costs related to the ammonia case in St. Petersburg was made in Q3/11. EUR 7.0 million of the provision was released in Q3/12 and Group EBIT thus amounted to EUR 52.5 million and ICS EBIT amounted to EUR 25.7 million.

Construction Services Finland

YIT | 9 | Interim Report January – September 2013 Order backlog (EUR million) Change Q3/12 – Q3/13: 1% Revenue (EUR million) Profitability impacted by sales mix and low sales of Business Premises Change Q3/12 – Q3/13: -7% Operating profit (EUR million) Change Q3/12 – Q3/13: -23% Operating profit% of revenueAll figures according to segment reporting (POC) Construction Services Finland

YIT | 10 | Interim Report January – September 2013 Sales volume for consumers low, good activity in investor deals Sold apartments (pcs) Apartments for sale (pcs) At the end of the period To investors (funds) To consumers Under construction Completed Q3/13: 61% directly to consumers (62% in Q3/12) 9/13: 24% of apartments for sale are completed (9/12: 20%) Construction Services Finland Actions to reduce the number of completed unsold apartments Increased focus on sales to investors Investor sales to Icecapital, OP-Pohjola and Ålandsbanken in Q3/13 Challenges with sales of detached and terraced houses as well as more expensive apartments Demand for smaller apartments on a normal level Cross-sales of leisure time housing to Russian customers in Eastern Finland continues well Prices stable in Q3/13 Signs of slight improvement in customers’ access to financing Sales to consumers estimated to be approximately 120 apartments in October

YIT | 11 | Interim Report January – September 2013 Apartment start-ups in Finland (pcs) For investors For consumers Start-up volume for consumers adjusted according to demand : Total of 2, /2013: Total of 2,114 Construction Services Finland Sales risk managed by lower start-ups Satisfactory sales inventory: approximately 67% of units for sale medium-range apartments (price EUR 300,000 or less) Construction costs remaining in own-developed projects: EUR 375 million (9/12: 316) Plot acquisitions continued in order to secure opportunities for start-ups going forward Apartments under construction (pcs) For sale Sold 9/13: 57% of apartments under construction sold (9/12: 56%) At the end of the period

YIT | 12 | Interim Report January – September 2013 Highlights in Infra Services and Business Premises Good position in the infrastructure market Rights for a wind mill farm project in Lestijärvi, Finland acquired First major own-developed wind power project Several road maintenance agreements signed in the autumn (EUR ~63 million) First section of E18 project opened for traffic ahead of schedule, project proceeding very well Significant sales pipeline in Business Premises – leasing proceeding well Leased floor space 13,000 sq. m. in Q3/13 Sales pipeline over EUR 80 million Tikkurilan Matkakeskus Dixi, phase 1, in Vantaa the most significant project Uncertainty in timing of sales YIT proposed as the developer of the Central Pasila center in Finland – hybrid project in a prime location in Helsinki Building rights of ~183,000 sq. m. Total value of the project is EUR ~1 billion Construction estimated to start in 2015 Construction Services Finland Tripla, Pasila Helsinki

International Construction Services

YIT | 14 | Interim Report January – September 2013 Profitability improved slightly Order backlog (EUR million)Revenue (EUR million) Change Q3/12 – Q3/13: 7% Operating profit (EUR million) Operating profit% of revenueAll figures according to segment reporting (POC) International Construction Services Change Q3/12 – Q3/13: -20%*, 10% excluding non-recurring items Change Q3/12 – Q3/13: 4% 25.7* *A EUR 10.0 million cost provision covering costs related to the ammonia case in St. Petersburg was made in Q3/11. EUR 7.0 million of the provision was released in Q3/12.

YIT | 15 | Interim Report January – September 2013 Sold apartments in Russia Growing sales volume in Russia (pcs, %) Residential sales continued to grow in Q3 (13% y-o-y) Share of deals financed with mortgages remained on a high level thanks to mortgage cooperation with partner banks Good demand for smaller apartments Sales of apartments in Russia estimated to be around 400 pcs in October Sold apartmentsFinanced with mortgages, % 2012: Total of 4,209 (40%) 1-9/2013: Total of 3,088 (45%) International Construction Services

YIT | 16 | Interim Report January – September 2013 Completed, for sale Under construction, for sale Under construction, sold Balanced sales portfolio Apartments in Russia (pcs) At the end of the period Number of completed unsold apartments has decreased during the year in Russia 38% of apartments under construction were sold (6/13: 36%) 727 apartments commissioned in Q3/13 (Q3/12: 622) 6,654 apartments for sale at the end of September (9/12: 5,961) International Construction Services

YIT | 17 | Interim Report January – September 2013 Increasing construction volume – basis for future growth Strongest y-o-y growth in the regional cities Construction costs remaining in International Construction Services EUR 558 million (9/12: 482) Apartments under construction by city (pcs) At the end of the period Yekaterinburg, Kazan, Rostov-on-Don, Moscow city, Tyumen Moscow Oblast St. Petersburg International Construction Services

YIT | 18 | Interim Report January – September : Total of 5,487 Apartment start-ups in Russia (pcs) Important start-ups in St. Petersburg and Tyumen 2011 Improvement in the permitting process in St. Petersburg Large area development project in Smolny started Acceptance obtained for the city plan of the Novo Orlovski project First project started in Tyumen on a fast track 288 apartments in the first phase Opportunity for higher start-ups in Q4/13 in Russia based on good pipeline of projects in an advanced stage in the permitting process : Total of 4, /2013: Total of 3,193 International Construction Services

YIT | 19 | Interim Report January – September /2013: Total of /2013: Total of 534 Apartment start-ups in the Baltic countries, the Czech Republic and Slovakia (pcs) Stable housing sales in the Baltic countries, the Czech Republic and Slovakia Regional differences in demand Housing sales proceeding well in Estonia and Latvia Political instability in the Czech Republic impacting consumer confidence and housing demand Housing prices stable Total residential units under construction 970 (9/12: 822) Fewer tender based projects than previously YIT nominated best real estate developer in Latvia in 2013 (Euromoney) : Total of Apartment sales in the Baltic countries, the Czech Republic and Slovakia (pcs) 2012: Total of 384 International Construction Services

Financial position and key ratios

YIT | 21 | Interim Report January – September 2013 Return on investment (ROI) Last 12 months Invested capital EUR million Plans to turn the trend in invested capital Strategic target: Return on investment 20% Financial position and key ratios All figures according to segment reporting (POC)

YIT | 22 | Interim Report January – September 2013 All figures based on segment reporting (POC=Percentage of completion) Unsatisfactory development in segment ROI’s Operative invested capital, EUR million Operating profit, 12 month rolling, EUR million Return on operative invested capital, 12 month rolling, percent Excluding non-recurring items Construction Services Finland International Construction Services 2013 EUR million EUR million Financial position and key ratios

YIT | 23 | Interim Report January – September 2013 Weak cash flow in Q3 Operating cash flow after investments (EUR million) : EUR 50 million Increase of EUR 97 million in working capital in Q3, mostly in CSF Increase in work-in- progress in ongoing own-developed Business Premises projects in Finland, EUR 26 million Cash flow of plot investments EUR 34 million 1-9/2013: EUR -164 million Financial position and key ratios

YIT | 24 | Interim Report January – September 2013 Interest-bearing debt (EUR million) Net debt increased, liquidity ensured Cash and cash equivalentsNet debt Large share of the recent increase in debt comes from excess capital tied to Ongoing Business Premises projects Completed unsold apartments Average interest rate in 9/13 2.7% Long-term debt maturing in 2013 EUR 15.3 million Undrawn committed credit facilities totalled EUR 280 million (9/13) New facility of EUR 50 million signed in October Construction costs remaining 9/13: EUR 933 million (9/12: 798) Financial covenant tied to the Group´s equity ratio (minimum level of 25%) according to Group reporting (IFRS) in bank loans and RCFs Equity ratio (IFRS) 9/ % Note: 2012 and Q1/2013 non-IFRS figures published May 21, Financial position and key ratios

YIT | 25 | Interim Report January – September 2013 Equity ratio Percent Gearing Percent Equity ratio declined slightly According to group reporting (IFRIC 15) According to segment reporting (POC) Strategic target: Equity ratio 40% Note: 2012 and Q1/2013 non-IFRS figures published May 21, Financial position and key ratios

YIT | 26 | Interim Report January – September 2013 Measures to improve cash flow and ROI Financial position and key ratios Successful sales execution in Business Premises in Finland (in the short term) Room for profitability improvement in ICS Foundation laid during past years Good opportunities for operational leverage Cash inflow from customers at earlier stage of construction Opportunities still to improve design and pricing skills Increasing the share of own-developed projects Managing inventory of completed unsold apartments and successful sales execution in Business Premises in Finland (in the short term) Book value of unsold completed apartments >EUR 150 million and ongoing commercial real estate development projects >EUR 60 million In normal situation capital tied to these <EUR 100 million Releasing EUR 150 million from slow moving assets during the strategy period Mostly in International Construction Services Capital for reuse and debt reduction Efficiency in plot acquisitions and large area development projects New off-balance sheet partnership models, EUR 100 million Continuously improving payment terms Targets: Group cash flow annually >EUR 0 and ROI >20% Invested capitalOperating profit

Future outlook

YIT | 28 | Interim Report January – September 2013 Infra construction forecasted to remain stable (VTT Technical Research Center of Finland, September 2013) Rail and metro construction works main driver of the market at the moment Commercial construction is expected to decrease by 12% and office construction by 30% (RT, Confederation of Finnish Construction Industries, October 2013) Vacancy rate in the office sector high, demand will focus on modern and energy-efficient premises Forecasted housing start-ups 27,000 units in Finland in 2013 (RT, Confederation of Finnish Construction Industries, October 2013) while the estimated long-term annual need is 24, ,000 units (VTT Technical Research Centre of Finland, January 2012) In the long term, housing demand is supported by migration and demographic factors In the short term, the risks in the residential market have increased due to macro uncertainties and weaker customer sentiment Housing prices expected to remain stable Moderate increase in construction costs mainly due to changes in energy norms Market outlook 2013 Construction Services Finland Residential Construction Business Premises Infra Services Strategy and future outlook Wind farm (illustrative) Lestijärvi, Finland

YIT | 29 | Interim Report January – September 2013 Market outlook 2013 International Construction Services Russia The Baltic countries, the Czech Republic and Slovakia Long-term need to improve living conditions Housing construction volumes increasing slowly from low levels in the Baltic countries Housing start-ups expected to remain stable in the Czech Republic and Slovakia Huge long-term need for housing Housing construction is estimated to increase in 2013 YIT expects housing prices to be stable in 2013 Mortgage rates have started to stabilise GDP growth estimates have been cut recently; volatility in oil price and EUR/RUB exchange rate Finski residential area Shchelkovo, Moscow oblast, Russia. Strategy and future outlook

YIT | 30 | Interim Report January – September 2013 Guidance for 2013 YIT estimates that the revenue and operating profit based on the Group's segment reporting for 2013 will decrease from the level of 2012, excluding non-recurring items* Continued uncertainty over the general macroeconomic development impacts YIT’s business operations and customers *Guidance, based on segment reporting (POC = percentage of completion), has not been updated since September 11, 2013 Strategy and future outlook Novo Orlovski St. Petersburg, Russia

YIT | 31 | Interim Report January – September 2013 More information Strategy and future outlook Sanna Kaje Vice President, Investor Relations Mobile Timo Lehtinen Chief Financial Officer (CFO) Mobile Follow YIT on Low-rise building Espoo, Finland

YIT | 32 | Interim Report January – September 2013 Appendices Key figures and additional information about financial position Ownership General economic indicators Housing indicators: Finland, Russia and Central Eastern Europe Business premises indicators: Finland, Russia and the Baltic countries Infrastructure construction: Finland Construction costs: Finland and Russia Industrial indicators: Finland Microdistrict in Zhukovskiy, Moscow Region, Russia

Key figures and additional information about financial position

YIT | 34 | Interim Report January – September 2013 Key figures Note: As of January 1, 2013, borrowing costs are included in segments financing costs according to IAS figures in 2013 reporting and this presentation have been adjusted accordingly. All figures based on segment reporting (POC= Percentage of completion) EUR million Revenue Operating profit % of revenue Operating profit, excluding non-recurring items* % of revenue, excluding non-recurring items* Order backlog Profit before taxes Profit for the review period 1) Earnings per share, EUR Operating cash flow after investments Cash at the end of the period Personnel at the end of the period 7–9/13 7–9/12 1–9/ , ,756 1–9/12 Change 1, , , , ,384 -3% -29% - -19% - 2% -33% -34% -34% - -7% -6% -5% -16% - -11% - 2% -18% -20% -20% - -7% -6% 1, , ,756 Appendices *A EUR 10.0 million cost provision covering costs related to the ammonia case in St. Petersburg was made in Q3/11. EUR 7.0 million of the provision was released in Q3/12. 1) Attributable to equity holders of the parent company

YIT | 35 | Interim Report January – September 2013 Net financial expenses EUR million Net financial expenses 1-9/13 decreased year-on-year Main factors leading to lower net financial expenses year-to-date Non-cash valuation gains on interest rate derivatives in 1-9/13 compared with losses in comparison period Higher IAS 23 booking in 2013 due to increased construction activity Hedging costsFinancial expensesIAS 23 booking 2012: EUR 14.2 million 1-9/2013: EUR 7.7 million Appendices

YIT | 36 | Interim Report January – September 2013 Well-managed maturity structure after demerger Maturity structure for long-term debt 9/13 EUR million 1)Bond issued 2/12, EUR 50 million 2)Bond issued 3/07, EUR 28 million 3)Bond issued 3/10, EUR 100 million 4)Bond issued 6/11, EUR 100 million 3)4) 1) 2) Appendices

YIT | 37 | Interim Report January – September 2013 Debt portfolio 9/13, total EUR million (6/13: EUR million) Average interest rate 2.7% Versatile financing sources with high hedging ratio Bonds and Commercial Papers 53% Banks 3% Insurance companies 12% Project financing in Construction Services Finland 32% Floating interest rate 40% Average interest rate 1.4% Fixed interest rate 60% Average interest rate 3.5% Others 0% Appendices

YIT | 38 | Interim Report January – September 2013 Currency split of the debt portfolio after taking into account forward agreements 9/13 Currency risk for debt portfolio fully hedged EUR 84% RUB 8% CZK 3% LTL 5% Principles of managing currency risks YIT Group’s prudent risk management policies continue after the demerger Items affecting the income statement by exchange rates are hedged Net investments on the balance sheet are not hedged Loans taken by parent company as a rule EUR-denominated Loans made available to subsidiaries denominated in local currencies are fully hedged Main currency risk relates to Russian rubles Due to unexpected disturbance in the forward agreement market for the relevant currency, hedging may vary between % Appendices

YIT | 39 | Interim Report January – September 2013 Leverage increased Strategic target: Equity ratio 35% Net Debt/EBITDA Multiple (x) According to group reporting (IFRIC 15) Appendices Note: 2012 and Q1/2013 non-IFRS figures published May 21, 2013.

YIT | 40 | Interim Report January – September 2013 Capital invested in Russia DebtEquity and equity-like fixed net investments Capital invested in Russia 2006–9/2013 EUR million According to IFRIC –2008: according to POC, 2009–9/2013: according to IFRIC : including building systems business, which was transferred to a new established company named Caverion Corporation Appendices

YIT | 41 Ownership

YIT | 42 | Interim Report January – September 2013 YIT’s major shareholders on September 30, 2013 ShareholderShares% of share capital 1. Structor S.A.12,930, Varma Mutual Pension Insurance Company8,432, Mandatum Life Insurance Company Limited4,370, Herlin Antti4,274, LocalTapiola Mutual Pension Insurance Company3,000, Ilmarinen Mutual Pension Insurance Company1,847, Odin funds1,798, Svenska Litteratursällskapet i Finland r.f.1,680, YIT Corporation1,632, The State Pension Fund1,570, Ten largest total41,535, Nominee registered shares27,250, Other shareholders58,437, Total127,223, Appendices

YIT | 43 | Interim Report January – September 2013 More than 42,000 shareholders on September 30, 2013 Number Appendices

YIT | 44 | Interim Report January – September % of shares in international ownership Non-Finnish ownership, % of share capital on September 30, 2013 Appendices

YIT | 45 General economic indicators

YIT | 46 | Interim Report January – September 2013 Sources: Nordea September 2013 the Czech Republic and Slovakia: Euroconstruct June 2013 Moscow and St. Petersburg: Federal State Statistics Service and Euroconstruct June 2013 GDP forecasts for YIT’s operating countries: Strongest growth in Russia and the Baltic Countries Appendices

YIT | 47 | Interim Report January – September 2013 Unemployment is expected to decrease slightly in Russia and in the Baltic countries Unemployment rate % in YIT’s operating countries % Sources: 2000 – 2012 Eurostat, 2013E – 2015E Nordea September 2013 Czech Republic and Slovakia: 2013E-2015E Eurocontruct June 2013 Appendices

YIT | 48 Housing indicators Finland Russia Central Eastern Europe

YIT | 49 | Interim Report January – September 2013 Views on economic situation in a year balance figure (percentage of positive answers - negative answers) Interest rates will remain at a low level in 2013 Residential start-ups are estimated to decrease Housing prices have increased in 2013 (new dwellings) Sources: Residential start-ups: Statistics Finland, 2013E Confederation of Finnish Construction Industries, October 2013, 2014E E Euroconstruct June Consumer confidence: Statistics Finland October 28, 2013, Housing prices: Statistics Finland October 25, 2013, Loans and Interest rates: Bank of Finland September 31, 2013 Personal economy Finland’s economy pcs index EUR million % index Finland Prices of new dwellings have increased in 2013 Appendices

YIT | 50 | Interim Report January – September 2013 pcs Sources: Confederation of Finnish Construction Industries RT October, 2013, Construction Confidence: Confederation of Finnish Industries October, 2013 Housing: building permits, start-ups and completions Construction confidence Housing start-ups by building type Unsold completed units (residential development projects) balance Block of flats Terraced houses Single family houses Building permits Start-ups Completions Finland Housing indicators have weakened slightly Appendices Million m3

YIT | 51 | Interim Report January – September 2013 Finland Household debt relatively low in Finland House price index in different countriesHouseholds debt to GDP (%) Source: Eurostat October 25, 2013 Appendices

YIT | 52 | Interim Report January – September 2013 Russia Housing indicators support demand Price of Urals oil in Russia (10/ /2013) Weighted average interest rate on mortgage loans, RUB (1/2009-9/2013) Sources: Oil price: Neste Oil October 22, 2013 and Interest rates: Bank of Russia October 22, 2013 $/barrel % Appendices House price indices (1/2009-9/2013) House prices in primary markets, RUB (1/2009-9/2013)

YIT | 53 | Interim Report January – September 2013 The Baltic countries Moderate growth is expected in residential construction Residential construction in the Baltic Countries Residential completions in Lithuania Residential completions in LatviaResidential completions in Estonia pcs Source: Euroconstruct June 2013 EUR million Lithuania Estonia Latvia Appendices

YIT | 54 | Interim Report January – September 2013 The Czech Republic and Slovakia Start-ups forecasted to remain relatively low Housing prices in the Czech Republic and Prague Housing prices in Slovakia and Bratislava Residential start-ups in the Czech Republic Sources: Residential start-ups: Euroconstruct June 2013, Other data: the Czech Republic: JLL 2013, Slovakia: National Bank of Slovakia September 2013 Residential start-ups in Slovakia pcs EUR/Sq. m. The Czech Rep. Prague Appendices CZK/Sq. m.

YIT | 55 | Interim Report January – September 2013 Capital invested in plot reserves at the end of September, 2013 Building rights, sq. m. Business Premises plots FinlandRussia The Baltic countries, Slovakia and the Czech Republic 9/12: EUR 288 million 9/13: EUR 290 million Residential plots 9/12: EUR 323 million 9/13: EUR 304 million 9/13: EUR 79 million 9/12: EUR 83 million Appendices Building rights, sq. m.

YIT | 56 Business Premises Finland Russia The Baltic Countries

YIT | 57 | Interim Report January – September 2013 New non-residential investments forecasted to remain stable in New non-residential construction volumes, index Source: Euroconstruct June 2013 Appendices

YIT | 58 | Interim Report January – September 2013 New non-residential construction by key sectorNon-residential renovation Construction of commercial and office buildings in FinlandConstruction of industrial and warehouse buildings in Finland EUR million Finland Non-residential construction is expected to remain weak Source: Non-residential construction, Non-residential renovation and service: Euroconstruct June 2013, Other data: RT April 2013 Building permits Start-ups Completions Building permits Start-ups Completions Appendices Million m3

YIT | 59 | Interim Report January – September 2013 Russia Growth potential in business premises market Source: Euroconstruct June 2013 Appendices

YIT | 60 | Interim Report January – September 2013 The Baltic Countries Non-residential construction forecasted to pick up slightly Source: Euroconstruct June 2013 New non-residential and renovation in Estonia New non-residential and renovation in Latvia New non-residential and renovation in Lithuania EUR million Appendices

YIT | 61 | Interim Report January – September 2013 The Czech Republic and Slovakia Challenging market situation continues Source: Euroconstruct June 2013 New non-residential construction by key sector in the Czech Republic Non-residential renovation and service in the Czech Republic Non-residential renovation and service in Slovakia New non-residential construction by key sector in Slovakia EUR million Appendices

YIT | 62 | Interim Report January – September 2013 Prime yields in Helsinki Metropolitan Area Office yields in Helsinki Metropolitan Area Source: Catella Property Market Trends Finland September, 2013 Finland Yields have remained stable Appendices

YIT | 63 | Interim Report January – September 2013 Finland Vacancy rates vary between sub-sectors in Helsinki Office vacancy in Helsinki Metropolitan Area Vacancy rates in Helsinki Metropolitan Area Rental levels of office space in Helsinki Metropolitan Area Appendices Source: Catella Property Market Trends Finland September, 2013

YIT | 64 | Interim Report January – September 2013 Finland Yields stable despite increased vacancy in Growth Centres Office vacancy in Growth Centres in Finland Prime office yields in Growth Centres in Finland Appendices Source: Catella Property Market Trends Finland September, 2013

YIT | 65 | Interim Report January – September 2013 The Baltic Countries Key business premises indicators Source: Newsec Property Outlook Fall 2013, September 2013 Prime office yields in Baltic countriesPrime office rents in Baltic countries Prime retail yields in Baltic countries Prime retail rents in Baltic countries Appendices Percent

YIT | 66 Infrastructure construction Finland Construction costs Finland Russia

YIT | 67 | Interim Report January – September 2013 Infrastructure construction Market estimated to remain stable in 2013 EUR million Infrastructure market in FinlandInfrastructure sectors in Finland (2013E) Source: Euroconstruct June 2013 Appendices

YIT | 68 | Interim Report January – September 2013 Finland Construction costs have increased Construction cost indexConstruction costs by building type index Source: Statistics Finland October 15, 2013 Building costs were 0.4% higher in September 2013 than in September Labour costs increased by 0.8%, prices of materials decreased by 0.1% and other costs increased by 1.7% from one year ago. Appendices

YIT | 69 | Interim Report January – September 2013 Construction output 1/2010-4/2013 (change compared to previous year) Construction costs: Inflation in building materials 6/2011-4/2013 Source: PMR Construction Review May 28, 2013 Russia Construction output and construction costs Appendices

YIT | 70 Industrial indicators Finland

YIT | 71 | Interim Report January – September 2013 Source: The Confederation of Finnish Industries June 2013 Manufacturing sectors’ fixed investments in Finland Investments in the economy (national accounts) EK Investment Survey Industrial investments are estimated to decrease slightly in Finland Appendices

YIT | 72 | Interim Report January – September 2013 Industrial confidence and production expectations still at low level in Finland Industrial confidenceIndustrial production expectations Source: The Confederation of Finnish Industries October 2013 Index Appendices

YIT | 73 | Interim Report January – September 2013 Disclaimer This presentation has been prepared by, and the information contained herein (unless otherwise indicated) has been provided by YIT Corporation (the “Company”). By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations. This presentation is being furnished to you solely for your information on a confidential basis and may not be reproduced, redistributed or passed on, in whole or in part, to any other person. This presentation does not constitute or form part of and should not be construed as, an offer to sell, or the solicitation or invitation of any offer to buy, acquire or subscribe for, securities of the Company or any of its subsidiaries in any jurisdiction or an inducement to enter into investment activity. No part of this presentation, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investments decision whatsoever. The information contained in this presentation has not been independently verified. No representation, warranty or undertaking, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. Neither the Company nor any of its respective affiliates, advisors or representatives nor any other person shall have any liability whatsoever (in negligence or otherwise) for any loss however arising from any use of this presentation or its contents or otherwise arising in connection with the presentation. Each person must rely on their own examination and analysis of the Company and the transactions discussed in this presentation, including the merits and risks involved. This presentation includes “forward-looking statements”. These statements contain the words "anticipate", “will”, "believe", "intend", "estimate", "expect" and words of similar meaning. All statements other than statements of historical facts included in this presentation, including, without limitation, those regarding the Company’s financial position, business strategy, plans and objectives of management for future operations, including without limitation those regarding the demerger plan and its execution, are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. These forward-looking statements speak only as at the date of this presentation. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. The Company cautions you that forward-looking statements are not guarantees of future performance and that its actual financial position, business strategy, plans and objectives of management for future operations may differ materially from those made in or suggested by the forward-looking statements contained in this presentation. In addition, even if the Company's financial position, business strategy, plans and objectives of management for future operations are consistent with the forward-looking statements contained in this presentation, those results or developments may not be indicative of results or developments in future periods. Neither the Company nor any other person undertakes any obligation to review or confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this presentation.

YIT | 74 | Interim Report January – September 2013