Citycon Oyj - Company Announcement

Moody’s upgrades Citycon’s credit rating

CITYCON OYJ Stock Exchange Release 30 July 2014 at 17.00 hrs

Moody's Investors Service has upgraded Citycon's investment grade level
long-term corporate credit rating to Baa2. The outlook is stable. The previous
rating was Baa3 with a stable outlook. 

The rating was placed under review for upgrade on 19 May following Citycon's
announcement of two consecutive share issuances totaling approximately EUR 400
million. 

Moody's original report is attached to this release.


Helsinki, 30 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:

Moodys upgrades Citycons ratings to Baa2 stable outlook.pdf