The Board of Directors of Citycon Oyj has in its meeting of 18 March
2009 resolved to cancel 128 bonds, repurchased by the company on 27
February and 10 March 2009, from its subordinated convertible capital
bonds issued on 2 August 2006 (the "Convertible Bonds") in accordance
with section 7 (g) of the terms and conditions of the Convertible
Bonds. Citycon announced the repurchases on 27 February and 10 March

Following the cancellation, the number of issued and outstanding
bonds under the Convertible Bonds amounts to 1,530 and the maximum
number of shares that can be subscribed for on the basis of such
bonds amounts to 18,214,285 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 26,646,428.25 to EUR
24,589,284.75. The above amendments to Citycon's Convertible Bonds
were registered in the Trade Register today, on 2 April 2009.

The 542 bonds repurchased by Citycon between 28 October and 10
December 2008 have been cancelled earlier.

Helsinki, 2 April 2009

Petri Olkinuora

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

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