New York, NY - Citigroup announced a $15 million contribution to a newly created Citigroup Relief Fund that will provide scholarships to the children of victims of the September 11th disaster.

"On September 11th, terrorists brutally attacked the United States and so many innocent people were murdered. But if their crimes showed the very worst of humanity, the rescuers who immediately went to work to save lives showed the very best," said Sandy Weill, Chairman and Chief Executive Officer.

"The world has rarely seen such heroism at such a terrible cost. Hundreds of firefighters, police officers, and other rescue officials perished in the effort. They and so many have lost their lives - and lost their futures. We share a responsibility for the future of their children."

"We are so proud of the way that this country has responded to the crisis. The courage of all the rescue workers has been astonishing. Many of our employees and customers around the world have expressed their strong desire to contribute additional resources to help the relief effort. We hope that our $15 million contribution and the additional contributions from our employees and customers will help."

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About Citigroup
Citigroup (NYSE: C), the preeminent global financial services company with some 200 million customer accounts in more than 100 countries, provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at: www.citigroup.com.

About Junior Achievement Hungary
Junior Achievement Hungary (JAM) is a licensed franchise of Junior Achievement International. The foundation has been running its programs in Hungary since 1992. Eleven separate programs targeted from kindergartens to high schools are currently being offered to 26,000 students in 86 cities and villages across Hungary. The mission of JAM is to provide students with the opportunity to learn about the business environment and free market economy through a dynamic partnership between businesses and schools. By attending these programs, students acquire knowledge and essential skills that will help them become educated consumers, more productive employees and more responsible members of the business community.