Citycon's share capital increase entered in the Trade Register

Citycon Oyj's share capital increase of EUR 16,200,000 related to the directed
share offering 2005 has today been entered in the Trade Register. The 12,000,000
new shares are estimated to be recorded in the book-entry accounts of the
shareholders and subject to public trading as of 3 August 2005. The new shares
entitle to full dividend (if any) to be distributed as of the financial period
commenced on 1 January 2005 and entitle to other rights attached to the shares in
the company as of today.

After the increase the registered share capital of Citycon Oyj amounts to EUR
168,426,928.80 and the total number of shares to 124,760,688.

Helsinki, 2 August 2005


Petri Olkinuora

For further information, please contact:
Petri Olkinuora, CEO, tel. +358 9 6803 6738 or
+358 400 333 256

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