Citycon Oyj

Report Publication Announcement • Sep 16, 2010

Disclosure 281131

Citycon Oyj - Company Announcement

Cancellation of convertible bonds repurchased by Citycon registered in the Trade Register

CITYCON OYJ Stock Exchange Announcement 16 Sept. 2010 at 9.00 hrs The Board of Directors of Citycon Oyj has in its meeting of 9 September 2010 resolved to cancel 30 bonds, repurchased by the company on 16 July and 12 August 2010, from its subordinated convertible bonds issued on 2 August 2006 in accordance with section 7 (g) of the terms and conditions of the convertible bonds. Citycon announced the repurchases on said dates. Following the cancellation, the number of issued and outstanding bonds under the convertible bonds amounts to 1,425 and the maximum number of Citycon shares that can be subscribed for on the basis of such bonds amounts to 16,964,285. As a result of the cancellation, the maximum increase of Citycon's share capital on the basis of the convertible bonds decreased from EUR 23,383,927.80 to EUR 22,901,784.75. Above mentioned amendments to Citycon's convertible bonds were registered in the Trade Register today, 16 September 2010. Helsinki, 16 September 2010 CITYCON OYJ Petri Olkinuora CEO For further information, please contact: Eero Sihvonen, Executive Vice President and CFO Tel +358 20 766 4459 or +358 50 557 9137 eero.sihvonen@citycon.fi Distribution: NASDAQ OMX Helsinki Major media www.citycon.com [HUG#1444740]