An update on the proposed Transfer of the International Personal Bank Business of Citibank, N.A., London Branch to the UK Branch of Citibank Europe plc

The date of the UK court hearing has been postponed and will no longer take place on 12 April 2017. As a result, the Transfer will be delayed and will not become effective on 1 May 2017, as we had previously anticipated. A new hearing date has not yet been set and we will inform you when one is arranged.

Please be assured the delay to the Transfer will not have an impact on the services we provide to you or your relationship with us.

As always, if you have any questions, please contact your Relationship Manager.