Citycon Oyj Stock Exchange Release 5 April 2005 at 4:00pm
Board of
Directors' formation and election of the members of the Board of
Directors'
committees
In the formative meeting held on 5 March 2005, Citycon's Board of
Directors
elected Stig-Erik Bergström as Chairman and Thomas Wernink as Deputy
Chairman.
The following members were elected to the Board of directors'
committees:
Audit Committee
Stig-Erik Bergström
Raimo Korpinen
(Chairman)
Thomas Wernink
Compensation Committee
Stig-Erik Bergström
(Chairman)
Tuomo Lähdesmäki
Carl G. Nordman
Investment Committee
Amir
Gal
Stig-Erik Bergström
Dori Segal
Thomas Wernink (Chairman)
Nomination
Committee
Stig-Erik Bergström
Amir Gal
Tuomo Lähdesmäki (Chairman)
Claes
Ottosson
The independence of the Board Members of Directors
In the view of
the Board of Directors all members of the Board except Thomas
Wernink, who has
entered into a Consultancy Agreement with the company, are
independent of the
company. Further, in the view of the Board of Directors, Stig-
Erik Bergström,
Raimo Korpinen, Tuomo Lähdesmäki, Carl G. Nordman and Thomas
Wernink are
independent of a significant shareholder.
CITYCON OYJ
Board of
Directors
Further information from: CEO, Mr Petri Olkinuora on +358 400 333
256.
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