CITYCON OYJ Stock Exchange Release 8 January 2007 at 4.05 p.m. Specification to Citycon's EGM Notice Citycon Oyj specifies the English version of the notice of Extraordinary General Meeting issued earlier today regarding the terminology of the Board of Directors' proposal. The entire notice in its revised form is enclosed. CITYCON OYJ Petri Olkinuora CEO For further information, please contact: Eero Sihvonen, CFO, mobile +358 50 557 9137 Distribution: Helsinki Stock Exchange Major media www.citycon.fi Appendix Notice of Citycon Oyj's Extraordinary General Meeting Shareholders in Citycon Oyj are invited to an Extraordinary General Meeting of Shareholders to be held on Friday, 26 January 2007 at 2 p.m. Finnish time at Adams-Sali, Erottajankatu 15-17, Helsinki, Finland. The General Meeting convenes for the following purpose: Authorisation for a directed share issue The Board of Directors proposes that it be authorised to decide on a directed share issue and the terms and conditions thereof. The total number of shares to be issued may not exceed 25,000,000 shares. In accordance with the Finnish Companies Act, the authorisation remains valid for 5 years. Information The proposal of the Board of Directors and other documents referred to in Chapter 5, Section 21 of the Finnish Companies Act are available for review by shareholders from Friday, 19 January 2007 onwards at the company's head office in Helsinki, address Pohjoisesplanadi 35 AB, 00100 Helsinki, Finland. Copies of the above documents will be sent to shareholders upon request. Right to attend the meeting A shareholder is entitled to attend the general meeting and exercise his/her right to vote if (s)he has been registered as the company's shareholder in the shareholders' register, maintained by the Finnish Central Securities Depository Ltd, on Tuesday, 16 January 2007 and has notified the company of his/her attendance by 4 p.m. on Tuesday, 23 January 2007. Registration in the shareholders' register A shareholder whose shares have been entered in his/her personal book-entry securities account is registered in the company's shareholders' register. A shareholder holding nominee-registered shares should contact his/her account manager for registration in the shareholders' register if (s)he wishes to attend the Extraordinary General Meeting. Registration for the Extraordinary General Meeting If you wish to attend the Extraordinary General Meeting, please notify the company of your attendance by either - telephone +358 9 680 3670 / Tiina Tahkolahti or - fax +358 9 6803 6788 - e-mail to tiina.tahkolahti@citycon.fi or - mail addressed to Citycon Oyj, Tiina Tahkolahti, Pohjoisesplanadi 35 AB, FI- 00100 Helsinki, Finland. Please send any proxies to the above address by the above deadline. Shareholders' register available for public review The company's shareholders' register is available for public review from 17 January 2007 at Finnish Central Securities Depository Ltd's customer-service outlet, Urho Kekkosen katu 5 C, Helsinki. Helsinki, 8 January 2007 CITYCON OYJ Board of Directors