English
Published: 2005-05-19 11:35:00 CEST
Citycon Oyj
Company Announcement
Specification of the Stock Exchange Release published today at 10:00 am: Citycon
Citycon Oyj               Stock Exchange Release      19 May 2005 at 12:35
pm

Specification of the Stock Exchange Release published today at 10:00 am:
Citycon
expands its operations into Sweden

Citycon's stock exchange release
earlier today stated the following:

A profitable investment
The annual net
yield of Citycon's investment at the time of the signing is about
8.0 percent.
By 2009 the development project will be completed which will
transform the
shopping centre into a unified complex. The total investment in
the
development project will be 900-950 million Swedish crowns, and the annual
net
yield of the investment is projected to be about 9.0 percent.

Citycon
wants to specify its earlier release with regard to the total value of
the
investment as follows:

A profitable investment
The annual net yield of
Citycon's investment at the time of the signing is about
8.0 percent. By 2009
the development project will be completed which will
transform the shopping
centre into a unified complex. The total value of the
investment will be
900-950 million Swedish crowns, and the annual net yield of
the investment is
projected to be about 9.0 percent.

The advisor in the acquisition was
Temaplan Asset Management, Tyrens AB.

Helsinki 19 May 2005
CITYCON
OYJ
Petri Olkinuora
CEO