Citycon Oyj

AGM Information • Mar 23, 2011

Disclosure 285791

Citycon Oyj - Company Announcement

Decisions Taken at Citycon Oyj's Board of Directors' Organising Meeting

CITYCON OYJ Stock Exchange Release 23 March 2011 at 18.40 hrs Chaim Katzman was elected Chairman and Ronen Ashkenazi and Thom Wernink Deputy Chairmen of Citycon Oyj's Board of Directors in the Board of Directors' organising meeting that took place after the Annual General Meeting today. The Board resolved to change the name of the Board of Directors' Nomination Committee to Nomination and Governance Committee and to elect the following Board members to the Board of Directors' committees: Audit Committee Ariella Zochovitzky (Chairman) Kirsi Komi Thom Wernink Jorma Sonninen Remuneration Committee Chaim Katzman (Chairman) Roger Kempe Claes Ottosson Per-Håkan Westin Ariella Zochovitzky Nomination and Governance Committee Kirsi Komi (Chairman) Ronen Ashkenazi Chaim Katzman Roger Kempe Claes Ottosson Strategy and Investment Committee Ronen Ashkenazi (Chairman) Dor J. Segal Jorma Sonninen Thom Wernink Per-Håkan Westin Helsinki, 23 March 2011 CITYCON OYJ Board of Directors For further information, please contact: Eero Sihvonen, CFO and Executive VP Tel +358 20 766 4459 or +358 50 557 9137 eero.sihvonen@citycon.fi Outi Raekivi, Head of Legal Affairs Tel. +358 20 766 4453 or +358 50 303 9393 outi.raekivi@citycon.fi Distribution: NASDAQ OMX Helsinki Major media www.citycon.com