Chairman of Citycon's Board of Directors in the Board meeting held
after the Annual General Meeting that took place earlier today.

The following Board members were elected to the Board of Directors'
committees:

Audit Committee
Raimo Korpinen (Chairman)
Gideon Bolotowsky
Thom Wernink

Compensation Committee
Tuomo Lähdesmäki (Chairman)
Gideon Bolotowsky
Thom Wernink

Investment Committee
Thom Wernink (Chairman)
Amir Gal
Carl G. Nordman
Dor J. Segal

Nomination Committee
Tuomo Lähdesmäki (Chairman)
Amir Gal
Claes Ottosson
Thom Wernink

The independence of the members of the Board of Directors

In the Board of Directors' opinion, all Board members are independent
of the company and Gideon Bolotowsky, Raimo Korpinen, Tuomo
Lähdesmäki, Carl G. Nordman and Thom Wernink independent of
significant shareholders.

Helsinki, 13 March 2007

CITYCON OYJ
Board of Directors

For further information, please contact:
Petri Olkinuora, CEO, tel. +358 9 6803 6738 or
mobile +358 400 333 256

Distribution:
Helsinki Stock Exchange
Major media
www.citycon.fi