CITYCON OYJ      STOCK EXCHANGE RELEASE  16 NOVEMBER AT 2.00 P.M.

Citycon
strengthens its personnel resources in property investment

Citycon Board of
Directors has decided to strengthen its personnel resources in
property
investment by appointing Mr. Harri Holmström (48), M.Sc. (Surveying),
Chief
Investment Officer and member of the Corporate Management Committee. Prior
to
joining Citycon Holmström has served as director of international marketing
in
SRV Viitoset Ltd. In addition to property investment his duties will
include the
expansion opportunities to Scandinavia and the Baltic countries.
Holmström starts
at Citycon at the beginning of January 2005.


Citycon
Oyj
Board of Directors

For further information please contact:
Petri
Olkinuora, CEO, tel. +358 9 6803 6738


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