Citycon Oyj     Stock Exchange Release 11.11.2003 10.45 a.m.

This is a
translation of Citycon's release of November 11, 2003.

DECLARATION OF A
CHANGE IN A HOLDING IN ACCORDANCE WITH CHAPTER 2 
SECTION 10 OF THE SECURITIES
MARKETS ACT

In accordance with chapter 2 section 10 of the Securities
Markets 
Act, we declare that Citycon Oyj has received from Kesko

Corporation a notification dated 11 November 2003, in accordance 
with
chapter 2 section 9 of the Securities Markets Act, in which 
Kesko Corporation
has declared the following: 

Kesko Corporation and its subsidiaries
Center-yhtiöt Oy and 
Hämeenkylän Kauppa Oy have sold all the Citycon Oyj
shares in 
their possession. The company's combined holding in Citycon Oyj's

equity and voting rights has therefore declined below the lowest 
holding
limit set in chapter 2 section 9 of the Securities Markets 
Act.

The
subject company's full name: Citycon Oyj

The subject company's business and
association code: 0699505-3

Date on which the holding has changed:
11.11.2003

The declared holding is now as follows:

Declaring party	Number
of		Percentage of 	Percentage of
 		shares		equity 	voting         
rights

Kesko Corporation		0 	0% 		0%
Center-Yhtiöt Oy 		0 	0%
		0%
Hämeenkylän Kauppa Oy 	        0 	0% 		0%
Combined total		        0 	0%
		0%

The share capital of Citycon Oyj is comprised of a total of

105,777,858 shares and the shares confer a total of 105,777,858 
voting
rights.

Notifying parties' full names, business ID and association code,

and Trade Register number: 
Kesko Corporation, business ID: 0109862-8, Trade
Register number: 
90.470, 
Center-Yhtiöt Oy, business ID: 0146825-4, Trade
Register number: 
68.701, subsidiary of Kesko Corporation, and 
Hämeenkylän
kauppa Oy, business ID: 0115344-7, Trade Register 
number: 92.679, subsidiary
of Kesko Corporation.

CITYCON OYJ
Petri Olkinuora
CEO
Tel. +358 400 333
256

Distribution: Helsinki Exchanges, Financial Supervision