Press Release Citigroup Inc. (NYSE: C) 13th February 2007

Citibank Offers Highest Yields Available in the Market Bank Time Deposits Are History, Tomorrow Belongs to Citibank Savings Accounts

Starting today, the highest interest rate on deposit products in the entire Czech market is available from Citibank. Deposits in a CitiOne savings account in excess of CZK 100,000 will now carry interest at the rate of 2 % a year. Compared to other bank time deposits or savings accounts, this is the highest savings rate available in the market, with the added benefit of instant access to the money in the account when needed

“Statistics published by the CNB, show that every fourth Czech household has its ready cash financial reserve deposited in current accounts that bear a very low or, in fact, a zero interest. At the same time, more than two thirds of households keep their savings in the form of time deposits. However, in comparison with the Citibank savings account, such time deposits not only bear interest that may be half the interest rate but, also, they are inflexible. It means that the funds therein may not be used at any time when needed,“ said Bert Pijls, Business Manager of Citibank Retail Banking Division.

“The times when time deposits offered interest rates in excess of 10 per cent is long gone and forgotten. As per statistics, the average yield on time deposits achievable last year amounted to mere 1.5%. Despite that, two thirds of households still continue in investing into time deposits. However, their savings thus lose in value. Not only the yield achievable thereon is very low, but, also, the money is tied down and often it can’t be used for a number of months or even years. A very efficient solution to such contingency is our CitiOne savings account that offers the highest appreciation of funds that is available in the market,“ says Petr Kursa, Manager of Citibank Deposit Products.

Clients can use the money deposited in their savings account at any time and, at the same time, they are receiving the highest rate of interest that can be achieved in this segment of banking services in the Czech Republic. In addition, if client’s investments with Citibank into any products, inclusive of the savings account, amount to CZK100,000, the client wins maintenance of his/her CitiOne current account free of charge. Inseparable fee-free part of CitiOne current account also is an international payment card, internet banking, telephone banking, current accounts, savings account, time deposits and investments into share funds.

The savings account operates as a part of the CitiOne account. A financial limit is preset in the current account to cover recurrent payments (e.g. mortgage repayments, utilities payments, etc.), the remaining balance of funds is then bearing advantaged interest within the framework of the savings account. An automated “sweep“ of their money between the current account and the savings account can be preset by clients. At a maximum they thus can take advantage of the

1 preferential interest rate borne on their savings account while keeping for themselves the option to withdraw the money at any time.

COMPARISON OF HIGHEST-YIELDING SAVINGS ACCOUNTS FOR BALANCES AT KC100,000 Bank Type of product Annual interest rate Notice period Citibank CitiOne spořící účet 2,00% n/a ING Bank N.V. ING konto 1,90% n/a BAWAG Bank CZ Spořící účet IQ konta 1,56% 5 days BAWAG Bank CZ Spořící účet 1,52% 14 days ČSOB Spořící účet 1,30% 3 years Source:: mesec.cz web site

Samples of nominal average yields in 2006 bank current account 0,3 % time deposit 1,5 % money market share funds 2 % mixed share funds 5 % Source: CTK and Czech Statistics Bureau

For more information please contact: Markéta Dvoř á č ková Andrea Machálková Public Affairs Officer Communications Executive Tel: 233 061 041 Citibank a.s. Mobil: +724 356 358 Tel.: 233 062 781 e-mail: [email protected] e-mail: [email protected]

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.

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