The Board of Directors of Citycon Oyj has in its meeting of 9 September 2010
resolved to cancel 30 bonds, repurchased by the company on 16 July and 12 August
2010, from its subordinated convertible bonds issued on 2 August 2006 in
accordance with section 7 (g) of the terms and conditions of the convertible
bonds. Citycon announced the repurchases on said dates.

Following the cancellation, the number of issued and outstanding bonds under the
convertible bonds amounts to 1,425 and the maximum number of Citycon shares that
can be subscribed for on the basis of such bonds amounts to 16,964,285. As a
result of the cancellation, the maximum increase of Citycon's share capital on
the basis of the convertible bonds decreased from EUR 23,383,927.80 to EUR
22,901,784.75. Above mentioned amendments to Citycon's convertible bonds were
registered in the Trade Register today, 16 September 2010.

Helsinki, 16 September 2010

Petri Olkinuora

For further information, please contact:
Eero Sihvonen, Executive Vice President and CFO
Tel +358 20 766 4459 or +358 50 557 9137

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