Citycon Oyj

Major Shareholding Notification • Mar 18, 2009

Disclosure 268419

Citycon Oyj - Major shareholder announcements

Notification of change in holdings under the Finnish Securities Market Act

CITYCON OYJ Stock Exchange Announcement 18 March 2009 at 18.30 hrs Pursuant to Chapter 2, Section 10 of the Finnish Securities Market Act, Citycon Oyj announces that it has received, in accordance with Chapter 2, Section 9 of the Finnish Securities Market Act, a notification from Perennial Investment Partners Limited, in which Perennial Investment Partners Ltd announces the following:"As a result of a share transaction concluded on March 12 2009, the holdings of Perennial Investment Partners Limited (AFSL No:238763. ABN: 59 087 901 620) now represent 3.52% of the voting rights and share capital of Citycon Oyj. Under Chapter 2, Section 9, of the Securities Markets Act, we hereby notify the Financial Supervision Authority and Citycon of the following: 1. Name of Company in which holdings have been acquired: Citycon Oyj 2. Date of change in holdings: 12 March 2009 3. Exact proportion of voting rights and share capital in Citycon Oyj, by type of shares: +-------------------------------------------------------------------+ | Share Type | Number of Shares | % of Share | % of Voting | | | | Capital | Rights | |------------+------------------+------------------+----------------| | CTY1S | 7,770,418 | 3.52% | 3.52% | |------------+------------------+------------------+----------------| | TOTAL | 7,770,418 | 3.52% | 3.52% | +-------------------------------------------------------------------+ [The share capital of Citycon Oyj comprises a total of 220,998,898 shares, said shares entitling to a total of 7,770,418 votes.] 4. Shareholder's complete name, trade register number see: http://www.perennial.net.au/index.jsp Sydney, 18 March 2009 Execution by: Chris Vavitsas Compliance Officer Perennial Investment Partners Ltd t: 612 8274 2749 f: 612 8274 2711 e: cvavitsas@perennial.net.au w: www.perennial.net.au" Helsinki, 18 March 2009 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