Citi in Two Debt Offerings Totaling Over $3.5 Billion

May 13, 2008

Cleary Gottlieb represented the underwriters, led by Citigroup Global Markets Inc., in two recent debt offerings by Citigroup Inc. The notes, issued under a shelf registration statement, were offered for sale in the United States and abroad, and will be listed on the Luxembourg Stock Exchange. Citigroup issued $3 billion of 6.125% fixed rate notes due 2018, which closed May 12, and $550 million of floating rate notes due 2018, which closed on May 13.

Citigroup Inc., a global financial services company with approximately 200 million customer accounts in over 100 countries, provides financial products and services, including banking, securities brokerage and asset management.