Citibank Zrt., a member of Citi today announced expansion of its investment product range with distribution of eight BlackRock Merrill Lynch Investment Managers funds. With this new partnership the number of asset manager and fund house partners of Citibank has increased to eight and the customers can select from 35 different offshore funds in addition to the 20 local funds.

"We are committed to continue with our innovations and further expand our wide range of investment products which help our executives build bespoke investment portfolios for our customers. Addition of the new funds to our portfolio will enable Citibank to give access to a choice of high quality core and satellite products in the equity asset class." - said Batara Sianturi, Consumer Business Manager for Citibank Zrt.

Last year Merrill Lynch and BlackRock agreed to merge Merrill's asset management business with BlackRock to form a company with over USD 1.1 trillion in assets under management. BlackRock MLIM, the newly created company is a premier provider of global investment management services to clients around the world.

The eight new mutual funds are the following:

• European Fund (EUR): the Fund invests at least 70% of its total net assets in the equity securities of companies domiciled in, or exercising the predominant part of their economic activity in Europe.
• Emerging Europe Fund (EUR): the Fund invests in equity securities of companies domiciled in or exercising the predominant part of their economic activity in developing European markets, including companies in and around the Mediterranean region.
• US Flexible Equity Fund (USD): the Fund invests primarily in the equity securities of companies domiciled or exercising the predominant part of their economic activity in the US.
• Latin America Fund (USD): the Fund invests in the equity securities of companies domiciled or exercising the predominant part of their economic activity in the emerging markets of Latin America, including Mexico and other central American countries and the Caribbean.
• World Mining Fund (USD): the Fund invests primarily in the equity securities of mining and metals companies worldwide whose predominant economic activity is the production of base metals and industrial minerals such as iron ore and coal. The Fund may also invest in gold or other precious metal or mineral mining companies.
• World Gold Fund (USD): the Fund invests primarily in the equity securities of companies worldwide whose predominant economic activity is gold mining. It may also invest in the equity securities of companies whose predominant economic activity is other precious metal or mineral and base metal or mineral mining.
• New Energy Fund (USD): the Fund invests primarily in the equity securities of companies worldwide whose predominant economic activity is in the alternative energy and energy technology sectors. Emphasis may be given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies.
• World Energy Fund (USD): the Fund invests primarily in the equity securities of companies worldwide whose predominant economic activity is in the exploration, development, production and distribution of energy. Additionally, the Fund may invest in companies seeking to develop and exploit new energy technologies.

The minimum investment amount required is EUR 2,000 or USD 2,500 and Citibank Zrt. applies a transparent fee structure. The mutual funds are available through Citibank Zrt.' 23-branch network and after conclusion of the Master Agreement on Investment Services through CitiPhone Banking telephone customer service.

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For more details, please read the Business Conditions Regarding Investment Services of Citibank Zrt. and its Fee Schedule supplement and the Prospectus of the Mutual Funds. All eight funds are registered with the Hungarian Financial Supervisory Authority (PSZAF). The Investment Products are subject to investment risks. Investment products are not bank deposits, are not government insured, and are not an obligation of nor they are guaranteed by Citibank/Citigroup or its other affiliates. Citibank Zrt. H-1051 Budapest Szabadság tér 7, Cg. 01-10-041029, Metropolitan Court acting as Court of Registration, PSZÁF III/41.048-9/2002, 20th December, 2002, a member of the Budapest Stock Exchange. www.citibank.hu

Media Contact:

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

About Citi
Citi, 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, securities brokerage, and wealth management. Major brand names under the trademark red arc include: Citibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com.