Citycon Oyj Stock Exchange Release 3 February 2005 at 9:00 a.m.

Citycon Oyj Stock Exchange Release 3 February 2005 at 9:00 a.m. Citycon's share capital increase based on stock options A total of 92,000 new Citycon shares with a nominal value of EUR 1.35 per share were subscribed in December exercising the A/B/C options based on the company's stock option plan 1999. The corresponding share capital increase, EUR 124,200 was entered in the Trade register today. The new shares will be traded on the Helsinki Exchanges' Main list together with the old shares as of 4 February 2005. The 92,000 shares were subscribed at a per-share subscription price of EUR 1.54. Each share entitles to one vote. The new shares entitle their holders to a dividend for the financial year 2004. Other shareholder entitlements became effective today. After the increase the registered share capital of Citycon Oyj is EUR 156,780,033.30 and the total amount of shares is 116,133,358. Helsinki, 3 February 2005 CITYCON OYJ Petri Olkinuora CEO For further information, please contact: Petri Olkinuora, CEO, tel. +358 9 6803 6738 or +358 400 333 256

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