a.m.

NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA

On 14 September 2007, the Finnish Financial Supervision Authority
approved the Finnish prospectus related to Citycon's (the "Company")
rights issue. The Finnish prospectus consists of a registration
document (the "Registration Document") and a summary and securities
note (the "Offering Note").

The Registration Document and the Offering Note in Finnish language
are available as of today, 17 September 2007, until the end of the
term of such documents
- at the website of the Company at www.citycon.fi
- at the offices of the Company at Pohjoisesplanadi 35 AB, FI-00100
Helsinki, Finland
- upon order by e-mail at info@citycon.fi
- at OMX Way, the service point of the OMX Nordic Exchange Helsinki
Ltd. at Fabianinkatu 14, FI-00100 Helsinki
- at the website of the lead manager of the rights issue, OKO
Corporate Finance Ltd., at www.op.fi/merkinta as well as
- as of 18 September 2007 at OP-Pohjola Bank Group's member banks and
the offices of Helsinki OP Bank Plc, which also serve as the places
of subscription.

The Registration Document and the Offering Note in English language
are available to eligible shareholders at the offices of the Company
at the address indicated above or upon order by e-mail at
info@citycon.fi or okocf@oko.fi.

Helsinki, 17 September 2007

CITYCON OYJ
Petri Olkinuora
CEO

For further information, please contact:
Eero Sihvonen, CFO, mobile +358 50 557 9137

Distribution:
Helsinki Stock Exchange
Major media
www.citycon.fi

This release is not an offer of securities for sale in the United
States. The securities referred to herein may not be offered or sold
in the United States absent registration under the U.S. Securities
Act of 1933, as amended, or an exemption from registration. Any
public offering of securities to be made in the United States will be
made by means of a prospectus that may be obtained from the issuer
and that will contain detailed information about the company and
management, as well as financial statements. The issuer does not
intend to conduct a public offering in the United States or register
any part of the offering in the United States. Copies of this release
are not being made and may not be distributed or sent into the United
States, Canada, Japan or Australia.