NOTIFICATION OF CHANGE IN SHAREHOLDING U

Citycon Oyj Stock Exchange Bulletin 10 December 2003 at 9.30 a.m 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 on 9 December from Deutsche Bank AG London a statement, in accordance with Chapter 2, Section 9 of the Securities Market Act and dated 8 December 2003, in which Deutsche Bank AG London announces the following: Deutsche Bank AG, would like to inform you that as at close of business 5 December 2003, Deutsche Bank AG and its subsidiary companies, were in possession of 5,306,000 shares to which they had the dispositive rights, representing 5.02% of the company's 105,777,858 common shares. In addition, Deutsche Bank AG, would like to inform you that as at close of business 5 December 2003, Deutsche Bank AG and its subsidiary companies, were in possession of 5,628,000 shares to which they had the voting rights, representing 5.32% of the company's 105,777,858 common shares. Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany. Name of target company: Citycon Oyj Business Identity Code: 0699505-3 Date when holding changed: 5 December 2003 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 Deutsche Bank AG London 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

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