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

Sampo Life Insurance Company Limited's percentage holding of
Citycon Oyj's share capital and voting rights has gone below 5% as
a result of a transaction effected on 10 November 2003.

Under chapter 2 section 9 of the Securities Markets Act, the
Finnish Financial Supervision Authority and Citycon Oyj are
informed of the following information:

1. The subject company's name: Citycon Oyj, Business ID 0699505-3

2. Date on which the holding has changed: 10 November 2003

3. Precise percentage holdings of the voting rights and share
capital in Citycon Oyj:

Company  Number   Percentage Percentage
  of shares of equity of voting rights
Sampo Life Insurance
Company Limited  0   0%   0%
Total    0   0%   0%

The share capital of Citycon Oyj is comprised of a total of
105,777,858 shares. The shares confer a total of 105,777,858
voting rights. This information is based on information in the
Trade Register on 11.11.2003.

4. Name of shareholder: Sampo Life Insurance Company Limited,
Business ID 0641130-2

CITYCON OYJ
Petri Olkinuora
Tel. +358 400 333 256

Distribution: Helsinki Exchanges, Financial Supervision

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