Citycon has today signed a EUR 50 million unsecured floating rate term loan
facility with Skandinaviska Enskilda Banken AB (publ.). The loan will mature in
five years and the credit margin is in line with the other two loans signed in
May and in June.

During the second quarter in 2010 Citycon's scheduled debt repayment totaled
approximately EUR 79 million. At the same time, Citycon has signed new loan
agreements for EUR 150 million in order to strengthen the company's available
liquidity and provide means to finance future investments. The proceeds from the
credit facility will be used to finance strategic investments such as shopping
centre redevelopment projects and refinancing of maturing debt.

Citycon's available committed debt facilities total EUR 222 million taking this
new loan into account meaning that the company has sufficient liquidity to cover
all authorised investments and debt maturities for at least the next 12 months.

Helsinki, 18 June 2010

CITYCON OYJ
Petri Olkinuora
CEO

For further information, please contact:
Eero Sihvonen, Executive Vice President, CFO
Tel +358 20 766 4459 or +358 50 557 9137
eero.sihvonen@citycon.fi

Distribution:
NASDAQ OMX Helsinki
Major media
www.citycon.com

[HUG#1425339]

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