Citycon Oyj Stock Exchange Release 11 July 2004 at 3.15 p.m. CITYCON WILL DISPOSE ITS OWN SHARES IN PUBLIC TRADING ON THE HELSINKI EXCHANGES The Board of Directors of Citycon Oyj has resolved on 11 August 2004 that the company will dispose all 3,874,000 of its own shares currently held by the company on the basis of authorization given by the Annual General Meeting on 15 March 2004. Shares will be disposed through several transactions in public trading on the Helsinki Exchanges at the market price quoted at the time of disposal, as provided by the regulations on public trading of own shares. The nominal value of Citycon's share is EUR 1.35. The reason for disposing Citycon's own shares is being prepared for possible future real estate acquisitions. The trading will not be initiated until a week has elapsed from the public announcement of this resolution at the earliest 19 August 2004. Helsinki, 11 August 2004 CITYCON OYJ Board of Directors Further information: CEO Petri Olkinuora, Tel. +358 400 333 256 Distribution: Helsinki Exchanges and main media


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