Notification of Change in Holdings under the Finnish Securities Market Act

CITYCON OYJ Stock Exchange Announcement 14 July 2011 at 17.25 hrs


According to a notification received by Citycon Oyj on 14 July 2011, Ilmarinen Mutual Pension Insurance Company’s holding in the company has exceeded the threshold of 1/20 of the number of share and voting rights.

Pursuant to Chapter 2, Section 10 of the Finnish Securities Market Act Citycon Oyj announces the following information submitted to it:

Identity of the issuer of shares: Citycon Oyj

Reason for the notification: an acquisition or disposal of shares or voting rights

Full name of person subject to the notification obligation: Ilmarinen Mutual Pension Insurance Company, Business Identity Code 0107638-1

Date of the transaction and date on which the threshold is exceeded: Directed share issue 13 July 2011

Threshold that is exceeded: Exceeded the threshold of 1/20 of the number of share and voting rights

Notified details of shares and voting rights attached to them:

Situation prior to the triggering transaction

Class/type of shares Number of shares Number of voting rights
ISIN code FI0009002471 11,693,027 11,693,027


Resulting situation after the triggering transaction

Class/type of shares Number of shares
Direct
% of shares
Direct
Number of voting rights
Direct
% of voting rights
Direct
ISIN code FI0009002471 24,943,027 8.99% 24,943,027 8.99%
TOTAL 24,943,027 8.99% 24,943,027 8.99%


Additional information:

The Board of Directors of Citycon Oyj resolved in its meeting on 13 July 2011 to issue up to 33,000,000 new shares based upon the authorisation granted by the Annual General Meeting of Citycon on 13 March 2007, and approved the final terms and conditions of the share offering. The Company’s Board of Directors approved on 13 July 2011 the subscriptions for the shares made in accordance with the terms and conditions of the share offering.

Ilmarinen Mutual Pension Insurance Company participated in the share offering as a result of which Ilmarinen’s share of the shares and votes in Citycon exceeded the threshold of 1/20. When calculating Ilmarinen’s share of votes and shares it has been taken into account the number of Citycon shares following the registration of the issued 33 million shares in the Trade Register on 18 July 2011.

Done in Helsinki on 14 July 2011

Identity of the person or legal entity subject to the notification obligation:

Ilmarinen Mutual Pension Insurance Company
Business Identity Code 0107638-1
Porkkalankatu 1, 00018 Ilmarinen
Phone Number: +358 10 284 11
Kimmo Lappalainen, phone +358 10 284 3575, kimmo.lappalainen@ilmarinen.fi

Helsinki, 14 July 2011

CITYCON OYJ
Marcel Kokkeel
CEO

For further information, please contact:
Marcel Kokkeel, CEO
Tel. +358 20 766 4521 or +358 40 154 6760
marcel.kokkeel@citycon.fi

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