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

CITYCON OYJ     Stock Exchange Announcement      29 June 2010 at 9.00 hrs The Board of Directors of Citycon Oyj has in its meeting of 15 June 2010 resolved to cancel 75 bonds, repurchased by the company on 26 May 2010, from its subordinated convertible capital bonds issued on 2 August 2006 in accordance with section 7 (g) of the terms and conditions of the convertible bonds. Citycon announced the repurchase on 26 May 2010. Following the cancellation, the number of issued and outstanding bonds under the convertible bonds amounts to 1,455 and the maximum number of shares that can be subscribed for on the basis of such bonds amounts to 17,321,428 shares. As a result of the cancellation, the maximum increase of Citycon's share capital on the basis of the convertible bonds decreased from EUR 24,589,284.75 to EUR 23,383,927.80. The above mentioned amendments to Citycon's convertible bonds were registered in the Trade Register today, 29 June 2010. Helsinki, 29 June 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 Distribution: NASDAQ OMX Helsinki Major media [HUG#1427923] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Citycon Oyj via Thomson Reuters ONE