CITI APPOINTS BENOIT DETHIER AS FINANCIAL INSTITUTIONS COVERAGE HEAD FOR SPAIN

London, Madrid - 24 May, 2010 – Citigroup announced today that its Global Transaction Services business has appointed Benoit Dethier as GTS Financial Institutions Coverage Head for Spain. Based in Madrid, Benoit will report into Dario Mesonero-Romanos, GTS Iberia Cluster Head and Patrizia Rizzo, Financial Institution Southern EU Cluster Head.

In his new role, Benoit will be responsible for managing Citi’s relationships with all Spanish banks, insurance companies and subsidiaries. Benoit joins Citi from J.P. Morgan Worldwide Securities Services where he was a Sales Manager looking after triparty collateral management senior sales and relationships in Austria, Belgium, France, Germany, Liechtenstein, Luxembourg, Spain and Switzerland as well as developing the Iberian business covering all of J.P Morgan Securities Services products.

Commenting on the news of his appointment Dirk Jones, Global Head of Financial Institutions, Client Sales Management, Citi, said, "Benoit’s arrival marks another milestone in the development of Citi’s sector focus. We remain committed to providing our clients with best in class services and feel that Benoit brings a wealth of experience and a deep network of relationships to our strong team in Spain."

Benoit holds a degree in Law from the University of Louvain and a Masters in Finance from the London Business School.

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About Citi
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citi provides 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, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.

About Global Transaction Services
Global Transaction Services, a division of Citigroup’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the first quarter of 2010, it held on average $319 billion in liability balances and $11.8 trillion in assets under custody.