NOTIFICATION OF CHANGE IN SHAREHOLDING U

Stock exchange releases - 14 November 2003


NOTIFICATION OF CHANGE IN SHAREHOLDING UNDER CHAPTER 2, SECTION 10
OF THE SECURITIES MARKET ACT

In accordance with Chapter 2, Section 10 of the Securities Market
Act, we announce that Citycon Oyj has received from Fidelity
Investment Limited a statement, in accordance with Chapter 2,
Section 9 of the Securities Market Act and dated 13 November 2003,
in which Fidelity Investment announces the following:

The holding of Fidelity International Limited and its direct and
indirect subsidiaries in the share capital and voting rights of
Citycon Oyj has risen to above ten (10) per cent. Following the
transactions made on 10 November 2003, Fidelity International
Limited and its direct and indirect subsidiaries own a combined
total of 13,912,800 Citycon shares.

Name of target company: Citycon Oyj
Business Identity Code: 0699505-3
Date when holding changed: 10 November 2003

The holding disclosed is now as follows:

Name of fund Manager Number of Percentage Percentage
shares of shares of votes
Fidelity
Eurepean Fund FIL 5 808 600 5,49 % 5,49 %
Fidelity
European Values
Plc FIL 1 220 100 1,15 % 1,15 %
Fid Fds-European
Smaller Co FIL 2 743 100 2,59 % 2,59 %
Norges Bank Euro
Ex UK Ex Norwy FIL 1 931 200 1,83 % 1,83 %
Fidelity UK
Aggressive Fund FIL 1 030 600 0,97 % 0,97 %
Unilever Prg Small
Cap Europe FIL 196 800 0,19 % 0,19 %
Multi Style Mult
Mgr Eur Sm Cp FIL 208 700 0,20 % 0,20 %
Stchg Bd V De MT
EN TCH BD ESC FIL 773 700 0,73 % 0,73 %
Total 13 912 800 13,15 % 13,15 %

Citycon Oyj's share capital comprises altogether 105,777,858
shares and these shares carry a total of 105,777,858 votes.

The notification received by Citycon Oyj from Fidelity
International Limited does not mention the full business identity
details of the organization making the disclosure as required in
Chapter 2, Section 9 of the Securities Market Act and in Section
4, Paragraph 5 of the Decision (391/1999) of the Ministry of
Finance about the information to be given when disclosing
shareholdings.

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

Distribution: Helsinki Exchanges, Financial Supervision Authority