The Board of Directors of Citycon Oyj has in its meeting of 15 June 2010
resolved to cancel 75 bonds, repurchased by the company on 26 May 2010, from its
subordinated convertible capital bonds issued on 2 August 2006 in accordance
with section 7 (g) of the terms and conditions of the convertible bonds. Citycon
announced the repurchase on 26 May 2010.

Following the cancellation, the number of issued and outstanding bonds under the
convertible bonds amounts to 1,455 and the maximum number of shares that can be
subscribed for on the basis of such bonds amounts to 17,321,428 shares. As a
result of the cancellation, the maximum increase of Citycon's share capital on
the basis of the convertible bonds decreased from EUR 24,589,284.75 to EUR
23,383,927.80. The above mentioned amendments to Citycon's convertible bonds
were registered in the Trade Register today, 29 June 2010.

Helsinki, 29 June 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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