CITYCON OYJ   STOCK EXCHANGE RELEASE   7 July 2004 at 11.30 a.m.

NOTICE OF
MEETING
A notice is given to the shareholders of Citycon Oyj of
an
extraordinary general meeting of the company to be held on 
Tuesday, 10
August 2004 at 3.00 p.m. at Restaurant Pörssi,
Fabianinkatu 14,Helsinki,
Finland.

On the agenda of the meeting will be an increase in the number
of
Board members from seven to eight and the election of one new
Board
member.

The Nomination Committee of the Citycon Oyj´s Board of
Directors
has proposed convening an extraordinary general meeting to the
Board
to change the number of Board members and to nominate one new member
in
order to increase the Board´s expertise in the international real
estate
business. The Nomination Committee will propose
to the extraordinary general
meeting that the number of the Board
members be increased from seven to eight
within the limits set in
the company´s articles of association. In addition,
the Nomination
Committee will propose to the extraordinary general meeting
that the
new member elected to the Board until the closing of the following

Annual General Meeting be Mr Dor Segal, an American citizen, who is 
the
President and CEO of First Capital Realty Inc. and the President
of
Gazit-Globe (1982) Ltd.

Entitlement to attend the Meeting

In order to
attend the meeting a shareholder must be entered in
the Citycon Oyj´s Register
of Shareholders maintained by Finnish
Central Securities Depository Ltd on
Friday, 30 July, 2004 or is
otherwise entitled to attend under chapter 3a
section 4 subsection 2
of the Finnish Companies Act.

Registration 

A
shareholder who wishes to attend and vote at the meeting must notify
the
company in writing no later than 4.00 p.m. (Finnish Time) on
Wednesday 4
August 2004 by letter to Citycon Oyj, Pohjoisesplanadi
35 AB,FIN-00100
Helsinki, by telephone to +358 9 680 3670 / Raija
Rinne-Ingberg, or by e-mail
to raija.rinne-ingberg@citycon.fi.
Any proxies must be received by the end of
the registration period.

Helsinki, 7 July 2004


CITYCON OYJ
Board of
Directors

Further information is available from: Mr Petri Olkinuora, CEO,

Tel. +358 400 333 256

Distribution: Helsinki Exchanges and main
media