Citycon's Shopping Centre Acquisition in Tallinn finalised

Stock exchange releases - 2 May 2011

 On 17 March 2011, Citycon announced the signing of an agreement to acquire Kristiine shopping centre in Tallinn, Estonia for EUR 105 million. Closing and payment of such transaction took place today. The transaction has been described in greater detail in the company's stock exchange release issued on 17 March 2011.


 Citycon now owns and manages a total of 35 shopping centres and 46 other retail properties in Finland, Sweden, Estonia and Lithuania.


 Helsinki, 2 May 2011



 Marcel Kokkeel



 For further information, please contact:

 Marcel Kokkeel, CEO

 Tel. +358 20 766 4521 or +358 40 154 6760


 Harri Holmström, Vice President, Baltic Operations

 Tel. +358 207 664 418 or +358 40 845 5726



 NASDAQ OMX Helsinki

 Major media


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