Global Finance Magazine Names Citigroup the World’s Best Global Corporate and Institutional Internet Bank for 2005

Citigroup Also Chosen as Best Global Corporate and Institutional Internet Bank and Wins in Regions, Subcategories and 47 Countries

New York, November 16, 2005 — Citigroup has been named the “Best Global Internet Bank, ” and the “Best Corporate and Institutional Internet Bank” for 2005 by Global Finance. Over 180 banks participated in the annual Global Finance Awards survey, which was judged by an independent panel and Global Finance editors.

“We are using the internet as an important channel to provide our services to our clients worldwide. It allows us to complement our on the ground presence in over 100 countries,” said Bob Druskin, President and Chief Executive Officer, Citigroup Corporate and Investment Banking.

Citigroup was chosen for its strong strategy for attracting and servicing online customers, success in getting clients to use Web offerings, growth of the online customer base, breadth of products offered, evidence of tangible benefits gained from Internet initiatives, and website design and functionality.

"Banks around the world have continued to refine and expand their Internet offerings to corporate and consumer customers," says Joseph D. Giarraputo, publisher of Global Finance. "The sophistication and utility of the sites represented in this year's entries was unparalleled."

Regions and Subcategories:
In addition to placing first in the above categories Citigroup/Banamex was also named the regional winner in Latin America for having the best Corporate and Institutional Internet Bank. In Europe, Citigroup was chosen as the best Consumer Internet Bank.

Citigroup also won the global subcategories of Best Consumer Information Security Initiatives, Best Consumer Private Banking, Best Consumer Integrated Site (Banamex) and Best Corporate and Institutional Online Securities Research.

Country Awards:
Citigroup won 47 country awards, including Best Consumer Internet Bank in 17 countries (Bahrain, Belgium, Czech Republic, Egypt, Germany, Guam, Indonesia, Italy, Malaysia, Mexico/Banamex, Pakistan, Peru, Philippines, Puerto Rico, Spain, Thailand, the United Kingdom).

Citigroup also won Best Corporate and Institutional Internet Bank in 30 countries (Cameroon, Chile, China, Czech Republic, Egypt, Finland, Ireland, Israel, Italy, Ivory Coast, Jamaica, Hungary, Kenya, Korea, Mexico/Banamex, Netherlands, Nigeria, Puerto Rico, Romania, Russia, Senegal, Slovakia, South Africa, Spain, Switzerland, Tanzania, Thailand, Trinidad & Tobago, Uganda, Zambia).

“This recognition highlights how we use technology as a competitive advantage to better serve our customers by providing them with convenient options for doing business with us,” said Kevin Kessinger, Citigroup Chief Operations & Technology Officer.

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Citigroup
Citigroup, 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 Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. The Citigroup Foundation focuses its grants primarily in three areas: financial education, educating the next generation, and building communities and entrepreneurs. Additional information may be found at www.citigroup.com.

Citigroup Corporate and Investment Banking
Our Corporate and Investment Banking group achieves the extraordinary for our clients around the world. No financial institution is more committed to understanding and advancing the goals of its clients - our diverse and talented staff in some 100 countries advises companies, governments, and institutional investors on the best way to realize their strategic objectives. We create solutions for and provide the broadest possible capital and market access to thousands of issuer and investor clients, and no institution better executes the increasingly complex payment and cash management solutions required in today's global economy. Core business lines under Citigroup Corporate and Investment Banking include Global Capital Markets, Global Banking and Global Transaction Services.