CITYCON OYJ Stock Exchange Release 31 May 2006 at 4.55 p.m.
Citycon's shopping centre transaction in Lithuania finalised
On 29 May 2006, Citycon announced the signing of an agreement to acquire the
Mandarinas shopping centre located in Vilnius, Lithuania. The closing of such
transaction took place today. The acquisition of the shopping centre is part of
Citycon's expansion strategy in the Baltic countries. The transaction has been
described in greater detail in the company's stock exchange release issued on 29
May 2006, available at the company's homepage www.citycon.fi, where you can also
find further information on the purchased property.
Helsinki, 31 May 2006
CITYCON OYJ
Petri Olkinuora
CEO
For further information, please contact:
Petri Olkinuora, CEO
mobile +358 400 333 256
Harri Holmström, Chief Investment Officer
mobile +358 40 845 5726
Citycon is the Finnish market leader in the shopping centre business. It owns a
total of 18 shopping centres in the Helsinki Metropolitan Area and other regional
centres of Finland, and nine shopping and retail centres in the Stockholm and
Gothenburg regions in Sweden. In the Baltic countries, Citycon owns the Rocca al
Mare shopping centre in Tallinn, Estonia and Mandarinas shopping centre in
Vilnius, Lithuania.
In addition to the shopping centres, Citycon owns 127 supermarket and retail
premises in Finland.
Distribution:
Helsinki Stock Exchange
Main news media
www.citycon.fi