SHARE CAPITAL INCREASE REGISTERED IN THE TRADE REGISTER

Citycon Oyj's share capital increase of EUR 13,500,000 related to the
directed share offering 2004 has been registered today on 24 September
2004 in the Trade Register. The 10.000.000 new shares are estimated to
be in public trading on 27 September 2004.

After the increase the registered share capital of Citycon Oyj is EUR
156,300,108.30 and the total amount of shares is 115,777,858.

Helsinki, 24 September 2004

CITYCON OYJ

Petri Olkinuora
CEO

For further information, please contact:
Petri Olkinuora, CEO, tel. +358 9 6803 6738 or
+358 400 333 256