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 from Kesko
Corporation a notification dated 11 November 2003, in accordance
with chapter 2 section 9 of the Securities Markets Act, in which
Kesko Corporation has declared the following:

Kesko Corporation and its subsidiaries Center-yhtiöt Oy and
Hämeenkylän Kauppa Oy have sold all the Citycon Oyj shares in
their possession. The company's combined holding in Citycon Oyj's
equity and voting rights has therefore declined below the lowest
holding limit set in chapter 2 section 9 of the Securities Markets
Act.

The subject company's full name: Citycon Oyj

The subject company's business and association code: 0699505-3

Date on which the holding has changed: 11.11.2003

The declared holding is now as follows:

Declaring party Number of  Percentage of  Percentage of
  shares  equity  voting rights

Kesko Corporation  0  0%   0%
Center-Yhtiöt Oy   0  0%   0%
Hämeenkylän Kauppa Oy   0  0%   0%
Combined total   0  0%   0%

The share capital of Citycon Oyj is comprised of a total of
105,777,858 shares and the shares confer a total of 105,777,858
voting rights.

Notifying parties' full names, business ID and association code,
and Trade Register number:
Kesko Corporation, business ID: 0109862-8, Trade Register number:
90.470,
Center-Yhtiöt Oy, business ID: 0146825-4, Trade Register number:
68.701, subsidiary of Kesko Corporation, and
Hämeenkylän kauppa Oy, business ID: 0115344-7, Trade Register
number: 92.679, subsidiary of Kesko Corporation.

CITYCON OYJ
Petri Olkinuora
CEO
Tel. +358 400 333 256

Distribution: Helsinki Exchanges, Financial Supervision

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