Citibank Rt., part of Citigroup, today announced that it had issued 100,000 credit cards into the Hungarian market since 1999. Citibank was the first bank to offer credit cards to the Hungarian consumers.

Today the bank offers the widest range of credit cards including Silver and Gold VISA and Eurocard-Mastercard and the co-branded Westel credit cards, allowing customers to select the type of credit card best suited to their needs.

Citibank, the world's number one credit card issuer, - today it has more than 100 million credit card holders in the world - focuses on competitive advantages to ensure that customers understand the difference between the debit and the credit card:

• Customers can buy now a high value item without having to save up in advance and they can pay later at their convenience.
• As opposed to debit cards, our customers use their credit limit instead of their own money when purchasing with their credit cards.
• Our customers can get a credit limit that can be three times their net monthly income.
• Our customers can enjoy up to 42 days of free credit on their purchases in a month.

Mark Robinson, Country Corporate Officer for Citibank Rt., said, "The credit card market is set to grow in Hungary. Citibank will rely on our global and local experience to meet the increasing demand of customers."

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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.