Citigroup in $200 Million Citigroup Debt Offering

June 9, 2005

Cleary Gottlieb represented the underwriters, led by Citigroup Global Markets Inc., in a $200 million offering of floating rate notes due 2009 issued by Citigroup Inc., Citigroup Global’s parent.  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 Inc., a global financial services company with approximately 200 million customer accounts in more than 100 countries, provides financial products and services, including banking, investment banking, insurance, securities brokerage and asset management.