Citi Wins At ICFA European Awards 2007

Recognised as European Broker/Dealer Custody & Clearing Provider of the Year and Sub-Custodian of the Year: South European Region

March 7, 2007, London – Citi markets and banking announced today that it was recognised at the International Custody and Fund Administration (ICFA) European Awards 2007 for European Broker/Dealer Custody and Clearing Provider of the Year and Sub-Custodian of the Year for the South European Region.

Clive Triance, Europe, Middle East and Africa (EMEA) Head of Direct Custody and Clearing and Chief Operating Officer for Securities and Fund Services EMEA at Citi said, "Citi is honoured to receive this recognition from ICFA. As the largest pan-European provider of custody services, serving 24 proprietary markets across EMEA and 49 around the world, Citi puts our sub-custody clients first by providing a combination of dedicated client service teams in country who provide local expertise with globally consistent services aligned with Citi's network and product lines."

Nominations for the ICFA Awards were judged by a panel of industry experts which included European Securities Forum CEO Dr Werner Frey, ABP Investments director of investment and information services Ruud Gilissen, LPFA Board Member Jenny Rosser MBE, the independent industry consultant Terry McCaughey and ICFA editor Jason Conway.

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Notes to Editors
Citi markets and banking is the most complete financial partner to corporations, financial institutions, institutional investors and governments in the world. As a global leader in banking, capital markets, and transaction services, with a presence in many countries dating back more than 100 years, Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity. 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.