Citycon's share capital increase entered in the Trade Register

Citycon Oyj's share capital increase of EUR 15,120,000 related to the directed
share offering has today been entered in the Trade Register. The 11,200,000 new
shares are estimated to be recorded in the book-entry accounts of the
shareholders and subject to public trading as of 27 October 2005. The new shares
entitle to full dividend (if any) to be distributed as of the financial year
commenced on 1 January 2005 and entitle to other rights attached to the shares in
the company as of today.

After the increase the registered share capital of Citycon Oyj amounts to EUR
183,860,128.80 and the total number of shares to 136,192,688.

Helsinki, 26 October 2005

CITYCON OYJ

Petri Olkinuora
CEO

For further information, please contact:
Petri Olkinuora, CEO, tel. +358 9 6803 6738 or
mobile +358 400 333 256

Distribution:
Helsinki Stock Exchange
Main news media
www.citycon.fi