Press release

Citigroup Inc (NYSE symbol: C)

4 April, 2006

Javed Kureishi Has Been Elected Chairman of the Board of Directors of Citibank a.s.

Prague – The Board of Directors of Citibank a.s. elected yesterday (that is, on April 3) as its Chairman Mr. Javed Kureishi, who, since July of 2005, has been holding a post of Citibank a.s.‘ Managing Director and, at the same time, Business Head of Citibank Corporate and Investment Banking Division in the Czech Republic.

Javed Kureishi began his career at Citigroup in March1985, when he joined the Credit Department of Citibank in Karachi, Pakistan. Javed had several roles in Karachi before being appointed Corporate Bank Head in August 1994. In 2000, he relocated to Cairo as Corporate Bank Head, Egypt and three years later Javed transferred to Johannesburg as Division Risk Manager for Citigroup in Africa. In May 2004, he returned to Egypt as Head of Citigroup’s Corporate and Investment Bank where he has spent the last year. In July 2005, he became Citibank a.s.‘ Managing Director and, at the same time, Business Head of Citibank Corporate and Investment Banking Division in the Czech Republic.

Currently, the Board of Directors of Citibank a.s. works in the following make-up: Chairman of the Board of Directors - Javed Kureishi, Members of the Board of Directors – Petr Hejduk, František Máslo, Michal Nebeský and Bert Pijls.

For more information please contact:

Markéta Dvořáčková Andrea Machálková

Public Affairs Officer Communications Executive

Tel: 233 031 041 Citibank a.s.

Mobil: +724356358 Tel.: 233 062 781,

e-mail: e-mail:

Note for editors

Citibank a.s. has been present in the Czech republic since 1991. The Bank has rapidly gained its position of the market leader in corporate banking and, Citibank’s offering of products and services has been gradually enhanced to include also small and medium-sized companies. Citibank a.s. entered the retail banking business in January of 2001 and, a number of products and services are offered to Citibank clients ever since, such as personal accounts, credit cards, personal loans, investing into mutual funds as well as CitiGold, the private banking services. For additional information about Citibank a.s. please refer to the following web site: www.citibank.cz.

Citigroup (NYSE: C), the preeminent 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, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex. Additional information may be found at www.citigroup.com.