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For Second Consecutive Year, Citi Rated Number One in Emerging Markets Securities Lending in a Survey of Top Borrowers

New York - October 18, 2011 – Citi today announced that it was again rated Number One in the "Market Capability: Emerging Markets" category in the Global Investor/ISF 2011 Equity Lending Survey. This marks the second year in a row that Citi has achieved this industry-leading position in the increasingly important emerging markets space.

"We are very pleased with this result in the Global Investor/ISF survey as it underscores our continued prominence in emerging markets," said Tim Douglas, Global Head of Securities Finance, Citi. "Through OpenLendSM, our market-leading combination of securities lending expertise, local branch network and breadth and depth of supply enables us to create mutually beneficial opportunities for both lenders and borrowers. We are ideally positioned to lead the continued growth in lending in the emerging markets."

As evidence that Citi’s emerging markets capabilities deliver bottom-line benefits to clients, Aquico Wen, CIO of Esemplia Emerging Markets, a Legg Mason affiliate firm, said: "Because of Citi’s extensive experience and deep knowledge of emerging markets, we were able to successfully expand our securities lending program into Poland when Citi introduced us to this new market. With Citi’s expertise, we can easily and efficiently take advantage of the improved portfolio returns that emerging markets offer us."

The Global Investor/ISF Equity Lending Survey, now in its 13th year, aims to measure perceptions by borrowers of the quality of the services provided to them by lenders.

Through its Securities and Fund Services business, Citi’s industry-focused experts provide institutional investors worldwide with tailored solutions delivered through proven global platforms that feature modular, open architecture. With $12.5 trillion of assets under custody and the industry’s largest proprietary network, clients can leverage Citi’s local market expertise and global reach to extract value across the entire investment value chain.

Global Transaction Services, a division of Citi’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 third quarter of 2011, it held on average $365 billion in liability balances and $12.5 trillion in assets under custody.

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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 160 countries and jurisdictions. 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.

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