Starting today Hungarian drivers can make their household spending go further. Every time they use the new Shell MasterCard from Citibank, they are rewarded in the form of rebates for future Shell purchases. This rebate product offers all the benefits of a Citibank credit card including security and flexible payments with the best rebate program of its kind in the retail fuel industry in Hungary.

To encourage customer applications, Shell and Citibank are doubling the card's regular 3 percent rebate on Shell fuel purchases in Hungary and 1 percent rebate on all other purchases as part of an introductory promotion. The introductory program applies for all cards issued before January 31, 2007 and it refers to transactions made within the first 60 days of the card's issuing date. New cardholders will therefore receive a 6 percent rebate on each Shell fuel purchase in Hungary, that is up to HUF18* for each liter and 2 percent rebate on all other purchases at any outlet in the world accepting MasterCard. Based on the above example, a cardholder can get HUF 2,160 back if he fills up a 40-liter tank three times a month (in case of HUF300/l fuel). If he uses the card to spend HUF 50,000 for other non-fuel purchases in the same month, he gets another rebate of HUF 1,000. The customer can thus save HUF 3,160 in total per month during the introductory promotion, which will be credited towards purchases at domestic Shell stations in the following month.**

After the 60-day period, the rebate reverts back to the industry-leading 3 percent on Shell fuel purchases in Hungary and 1 percent on all other retail purchases wherever the card is used in the country and abroad. Supplementary cards are also included in the rebate program, however, rebates may only be redeemed by the main cardholders.***

"People want the freedom to travel by car and we understand that fuel makes up a good part of monthly spending, so we have designed the Shell MasterCard from Citibank to help our customers get more out of their household budgets. Our relationship with Citibank is very important because it means working with an established global leader in personal financial services whose credit card expertise, customer service and reliability are proven in over 50 countries worldwide," said Balázs Erényi, Head of retail business in the Czech Republic, Slovakia and Hungary at Shell.

"Citibank provides support to customers through its partnership with Shell," said Mr. Batara Sianturi, Consumer Business Manager for Citibank Zrt. at the product launch. "The new Shell MasterCard from Citibank merges the convenience of paying with the credit card with a generous rebate program, which gives consumers a strong incentive to apply for a card and use their credit card more frequently. We are very proud of leading the innovation in the credit card market in Hungary, this new card being the third credit card we have launched only this year."

With the launch of the new Shell MasterCard from Citibank, Citibank Zrt. becomes Shell's exclusive consumer credit card partner in Hungary. The Shell MasterCard from Citibank has an annual fee of HUF 6,400 for Classic main cards, and HUF 3,900 for the supplementary cards from the second year. Gold main cardholders are charged an annual fee of HUF 16,400 and Gold supplementary cardholders pay a HUF 9,800 annual fee from the second year. First year annual fee for Gold and Classic supplementary cards is waived. Pricing is otherwise similar to the terms and conditions of Classic Citibank credit cards.

The new Shell MasterCard from Citibank credit card features the longest interest-free period (up to 51 days for purchases only) on the Hungarian market and a broad range of additional services such as the Equal Payment Plan, Loan Over Phone, Utility Payment, Citibank Alerting Service, the Citibank Online internet banking service are also available features of the new card. Cardholders can also apply for the Travel Pack (this is free for the Gold cardholders), and the Citibank Credit Shield Insurance. Both Insurance Services are optional and not required to obtain the credit card. The Travel Insurance is offered by AIG Europe S.A. Branch Office in Hungary, and the Credit Shield Insurance is offered by Generali-Providencia Zrt., under the terms of the insurance agreements.

The new credit card can be issued to customers who meet the standard application criteria of Citibank Zrt. Applications are accepted at any Citibank branch and sales center, as well as at SMART Points Centers. Applications can also be initiated through data forms that are available at all Shell fuel stations in the country. For further information, customers may call CitiPhone Banking telephone customer service at 06-40-24-84-24 or visit www.shell.citibank.hu.

As Zdenek Houser, MasterCard Europe General Manager for Hungary, Croatia and Slovenia noted: "We have seen gradually increasing market demand for co-brand cards. Looking at the European figures there has been a spectacular, double digit growth in this market (13,5%) in 2005. While in the same period the number of Hungarian co-brand cards - increasing at a double rate - grew by 29% . As a result of the dynamic growth by the end of second quarter 2006 number of co-brand cards in Hungary exceeded 1 million for the first time.

"It is very important to note that co-branding partners coming from the travel-auto-petrol sector are very popular among card holders. According to data of 1st quarter 2006 travel related partners in Europe cooperated in 18% of all co-brand programs. This means that out of 15 million European co-brand cards 2,7 million plastics were issued in cooperation with car manufacturers, oil companies or travel firms by the end of 1st quarter 2006.

"These numbers clearly show that the Shell MasterCard from Citibank program, which is the best rebate program of its kind in the retail fuel industry in Hungary, is a timely example of the smooth cooperation of co-branding partners leading to the greater satisfaction of customers."

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* In case of purchasing V-Power Racing fuel at HUF 300/l price during the introductory double rebate promotion.
** To settle the rebates included in the monthly card statement the bank deducts the redeemed rebates from the amount of the card transactions reflected in the card statement that month, and the customer's liability towards the bank will decrease with the amount of the redeemed rebate.
*** To redeem the rebates the cardholder needs to make a purchase at any Shell station in Hungary. The rebates reflected in the cardholder's monthly card statement can be redeemed.
The unredeemed rebates can be automatically used with the next purchase transaction. Only main cardholders are entitled to redeem the rebates. The rebates do not expire if the cardholder uses his/her card regularly (at least once in six months).

Monthly interest rate: 2.95% (general APR: 41.75%, Equal Payment Plan APR: 33.83%, Loan over Phone APR: 33.83%). The APR has been calculated in accordance with the relevant laws and contractual conditions and it can be modified due to the change of these laws and conditions. The up to 51 days of interest free period refers in cases when the cardholders use their credit cards on the first day of the settlement period for purchases only and repay all their outstandings by the deadline determined in the credit card statement. The APR does not reflect to the interest risk. The issuance of the credit card is subject to credit assessment.

¹ Data of National Bank of Hungary (MNB)

Media Contact:

Eva Hencz, Vice President, Public Affairs Officer, Citibank Zrt.
Office phone: +36 1 374-5307, Mobile: +36 30 250-7473, Fax: +36 1 374-5378
www.citibank.hu

Ágnes Koleszár, PR Manager, Shell Hungary zRt.
Office phone: +36 1 4363-332, Mobile: +36 30 385-1560
www.shell.hu

Zoltán Zádori, External consultant to WeberShandwick Worldwide (MasterCard related issues)
Office phone: +36 1 413-7464, Mobile: +36 30 261-4505

Note to the editors

About Citigroup
Citigroup (NYSE: C), the leading global financial services company has some 200 million customer accounts and does business in more than 100 countries, providing 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 and Banamex. Additional information may be found at www.citigroup.com.

Royal Dutch Shell
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 145 countries with businesses including oil and gas exploration and production; production and marketing of Liquefied Natural Gas and Gas to Liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects including wind and solar power.
Shell operates the world's largest single-brand retail network with over 40,000 service stations in over 90 countries, serving 20 million customers on a daily basis. The range of innovative products on offer is constantly expanding, supported by extensive research and development activities. Differentiated fuels including Shell V-Power, V-Power Racing, V-Power Diesel and Optimax are designed to meet growing customer requirements for improved engine performance. Pioneering development of Gas to Liquids (GTL) technology will also play a key role in the transition to renewable fuels. Maingrade fuels meet the customers need for competitively priced fuels. Our Convenience Retailing business offers a wide range of products and services to customers worldwide. For further information visit http://www.shell.com

About MasterCard Worldwide
MasterCard Worldwide advances global commerce by providing a critical economic link between financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes more than 16 billion payments each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard Worldwide serves consumers and businesses in more than 210 countries and territories. For more information go towww.mastercardworldwide.com