Citycon Oyj    Stock Exchange Release  10 August 2004 at 4.15p.m.

CITYCON'S
EXTRAORDINARY GENERAL MEETING

Citycon's Extraordinary General Meeting took
place in Helsinki on 
10 August 2004.

Extraordinary General Meeting decided
to increase the number of 
Board members from seven to eight.

Extraordinary
General Meeting decided to appoint as new member of 
the Board of Directors Mr
Dori Segal, an American citizen, in 
order to increase the Board's expertise
in the international real 
estate business. Dori Segal is the President and
CEO of First 
Capital Realty Inc. and the President of Gazit-Globe (1982)
Ltd.

Citycon Oyj
Petri Olkinura, CEO

Further information is available
from Mr Petri Olkinuora, CEO, 
Tel. +358 9 400 333 256