Citycon signed EUR 450 million syndicated credit facility

Citycon has signed an EUR 450 million syndicated unsecured credit facility
agreement today. The maturity of the facility is 4.5 years. The facility is
intended to broaden Citycon's financing base, to reduce cost of funding and to
secure financing of future investments. By the facility Citycon will refinance
the existing EUR 435 million secured syndicated loan facility and EUR 10 million
overdraft facility.

The facility was arranged by Nordea (Coordinator), SEB Merchant Banking,
Skandinaviska Enskilda Banken AB (publ) and Eurohypo AG. The other participating
financial institutions were Danske Bank, OKO Bank, Swedbank and Aktia Savings
Bank Plc.

Citycon Oyj
Board of Directors

For further information please contact:
Petri Olkinuora, CEO, tel. +358 9 6803 6738
Pirkko Salminen, CFO, tel. +358 9 6803 6730

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