Citycon Oyj - Company Announcement

Standard & Poor’s upgrades Citycon’s credit rating

CITYCON OYJ                  Stock Exchange Release	         9 July 2014 at
10.45 hrs 

Standard & Poor's Rating Services (S&P) has today upgraded Citycon's investment
grade long-term corporate credit rating to BBB. The outlook is stable. The
previous rating was BBB- with a stable outlook. 

The rating was placed under review for upgrade on 6 June following Citycon's
announcement of two consecutive share issuances totaling approximately EUR 400
million. 

Standard & Poor's original report is attached to this release.


Helsinki, 9 July 2014

CITYCON OYJ


For further information, please contact:
Eero Sihvonen, Executive Vice President and CFO
Tel. +358 20 766 4459 or +358 50 557 9137
eero.sihvonen@citycon.com


Citycon Oyj (NASDAQ OMX: CTY1S) is a leading owner, developer and manager of
urban grocery-anchored shopping centres in the Nordic and Baltic region,
managing assets that total approximately EUR 3.3 billion and with market
capitalisation of approximately EUR 1.6 billion. For more information about
Citycon, please visit www.citycon.com 


Distribution:
NASDAQ OMX Helsinki
Major media
www.citycon.com

Attachments:

Standard Poors RatingsDirect Research Update 07_08_2014.pdf