Citycon Oyj - Changes board/management/auditors

Change in Corporate Management Committee of Citycon

CITYCON OYJ Stock Exchange Release 14 July 2015 at 17:05 hrs

Eirik Thrygg has been appointed as Citycon Oyj's Chief Development Officer
(CDO) and a Member of the Corporate Management Committee. He will take his
position immediately. <span style="font-size:11pt;">Eirik Thrygg (b. 1964) is a Norwegian citizen and
has a Master of Business Administration from the University of Wyoming, USA.
Thrygg has served as the Chief Executive Officer of Norwegian Sektor Gruppen.
Citycon announced earlier today the successful completion of the acquisition of
Sektor Gruppen. Thrygg has 25 years of experience in the shopping centre
industry and has previously also worked at Olav Thon and Steen & Strøm.</span><span style="font-size:11pt;">Helsinki, 14 July 2015</span><span style="font-size:11pt;">CITYCON OYJ</span><span style="font-size:11pt;">Board of Directors</span><span style="font-size:11pt;">For further information, please contact:</span><span style="font-size:11pt;">Marcel Kokkeel, CEO</span><span style="font-size:11pt;">Tel. +358 20 766 4521 or +358 40 154 6760</span><span style="font-size:11pt;font-family:Times New Roman, Times, serif;"><span
style="font-family:Arial, Helvetica,
sans-serif;">marcel.kokkeel@citycon.com</span></span><strong style="font-size: 11pt;">Citycon Oyj<span style="font-size:11pt;">
(Nasdaq Helsinki: CTY1S) is a leading owner, developer and manager of urban
grocery-anchored shopping centres in the Nordic and Baltic regions, managing
assets that total EUR 5 billion and with a market capitalisation of
approximately EUR 2 billion. For more information about Citycon, please visit</span>www.citycon.com