DECLARATION OF A CHANGE IN A HOLDING IN

Stock exchange releases - 13 November 2003


This is a translation of Citycon's release of November 11, 2003.

DECLARATION OF A CHANGE IN A HOLDING IN ACCORDANCE WITH CHAPTER 2
SECTION 10 OF THE SECURITIES MARKETS ACT

In accordance with chapter 2 section 10 of the Securities Markets
Act, we declare that Citycon Oyj has received a notification dated
11 November 2003, in accordance with chapter 2 section 9 of the
Securities Markets Act, in which Nordea Bank Finland Plc has
declared the following:

Nordea Bank Finland Plc declares that its percentage holding of
Citycon Oyj's voting rights and share capital has fallen from
approximately 42.6 per cent to zero (0). Nordea Bank Finland Plc
sold the Citycon shares in its possession on 10 November 2003.

In accordance with chapter 2 section 9 of the Securities Markets
Act and decision (391/1999) of the Ministry of Finance on the
information to be provided in connection with the publication of
holdings, we declare the following information to Citycon and the
Financial Supervision Authority:

1. The subject company's name and business ID and association
code:
Citycon Oyj, 0699505-3

2. Date on which the holding has changed: 10 November 2003

3. Percentage of the subject company's voting rights and share
capital

Nordea Bank Finland Plc holds Citycon shares as follows:
Shares: none (0)
Percentage of share capital: zero (0) per cent
Percentage of voting rights: zero (0) per cent

4. Name of shareholder and business ID and association code:
Nordea Bank Finland Plc, 1680235-8

In addition, Nordea AB (publ) has announced in its stock exchange
bulletin issued on 11 November 2003 that the buyers are several
international financial institutions.

CITYCON OYJ
Petri Olkinuora
Tel. +358 400 333 256

Distribution: Helsinki Exchanges, Financial Supervision