Subscription of Citycon shares exercising stock option rights 2004 B

A total of 356,558 new Citycon shares were subscribed for exercising stock
options B under the company's 2004 stock option scheme at the start of the year.
The new shares were registered in the Finnish Trade Register today and will be
traded on the NASDAX OMX Helsinki together with the other Citycon shares as of
16 February 2010.

The shares were subscribed for at a per-share subscription price of EUR 2.5908.
Each share entitles its holder to one vote and to a dividend for the financial
year 2009. Other shareholder entitlements became also effective today.

Following the increase, the number of Citycon shares totals 221,416,293. The
share subscription price of EUR 923,770.47 was recognised under the invested
unrestricted equity fund, so there was no change in the company's registered
share capital, which amounts to EUR 259,570,510.20.

The outstanding unexercised stock options 2004 B entitle their holders to
subscribe for additional 965,285 new shares. The share subscription period of B
options will expire on 31 March 2010.

Helsinki, 15 February 2010

CITYCON OYJ
Petri Olkinuora
CEO

For further information, please contact:
Petri Olkinuora, CEO
Tel. +358 20 766 4401 or mobile +358 400 333 256
petri.olkinuora@citycon.fi

Distribution:
NASDAQ OMX Helsinki
Major media
www.citycon.com

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