Citycon has continued the buybacks of its convertible capital bonds of 2006

Citycon Oyj has repurchased its subordinated convertible capital bonds issued on
2 August 2006 (the "Convertible Bonds") for an aggregate consideration of EUR
3.4 million including accrued interest through a deal executed on 26 May 2010.
The face value repurchased by the company amounted to EUR 3.75 million
corresponding to 75 bonds with face value of EUR 50,000 corresponding to
approximately three per cent of the aggregate amount of the Convertible Bonds
due 2013.

Including the buybacks Citycon concluded between 28 October 2008 and 10 March
2009, Citycon has repurchased a total principal amount of EUR 37.25 million of
the Convertible Bonds corresponding to approximately 33.9 per cent of the
aggregate amount of the Convertible Bonds. The weighted average repurchase price
has been 56.9 per cent of the bonds' face value. The principal amount of the
Convertible Bonds listed on 22 August 2006 amounts to EUR 110 million and the
Convertible Bonds carry an interest at the rate of 4.50 per cent p.a. The
Convertible Bonds were issued to international institutional investors in
deviation from the pre-emptive rights of shareholders based on the authorisation
of the company's Annual General Meeting held on 14 March 2006.

The repurchases of the bonds have been executed in the open market in accordance
with section 7 (f) of the terms and conditions of the Convertible Bonds. In
accordance with the terms and conditions of the Convertible Bonds the company
will cancel the repurchased bonds. The repurchases have been carried out because
the market situation has enabled the company to repurchase the bonds at a price
below their face value and because the repurchases enable the company to
strengthen its balance sheet and decrease its net financial expenses.

Helsinki, 26 May 2010

Petri Olkinuora

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

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