Citi Hong Kong & Tung Wah Group Launch "Wisdom of Financial Management – The Six Basic Principles to Accumulate Wealth"

Citi
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.

Citi Financial Education Program
Based on the belief that knowledge is your greatest asset, the Citi Financial Education Program is a global, company-wide effort to identify, support and implement initiatives that help give individuals, families and communities the tools needed to make sound financial decisions. Citi's 10-year, US$200 million global commitment is focused in three areas: Personal, Small Business and Institutional Financial Education. Additional information about the Citi Financial Education Program, including Citi Foundation guidelines, links and resources and the Citi Financial Education Program Curriculum and Facilitator's Guide may be found at http://financialeducation.citigroup.com.

Tung Wah Group of Hospitals
Since July 2003, in view of debt problems and related family disputes, Tung Wah Group of Hospitals has been collaborating with the Hong Kong Institute of Certified Public Accounts in the running of the Healthy Budgeting Family Debt Counseling Center, with sponsorship by the Hong Kong Jockey Club Charities Trust, to provide professional accounting consultations and emotional counseling to the needy. As prevention is always better than remedy, the center will also promote the concept of "Healthy Budgeting" proactively to the public. For further information, clients can contact the Debt Counseling Hotline on 2548 0803.


	Printer Friendly Page		FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) June 14, 2007 Citi Hong Kong & Tung Wah Group Launch "Wisdom of Financial Management – The Six Basic Principles to Accumulate Wealth" Hong Kong – Sponsored by Citi and published by Tung Wah Group of Hospitals (T.W.G.Hs) – Healthy Budgeting Family Debt Counseling Center, a financial education book – “Wisdom on Financial Management – The 6 Basic Principles to Accumulate Wealth” was launched today. The new book will provide students with another source to gain knowledge on financial management – snippets of wisdom from role models in society. Free copies of the book will be distributed to all primary and secondary schools, as well as public libraries in Hong Kong. The essence of the book originated from a pilot “Smart Kid” Financial Education Experiential Program, held in October 2006, from which derived six core values identified as the most important elements to financial management. These values were then compiled into the book that aims to inspire thinking on correct money concepts and financial management habits. Business leaders, educators, professionals and T.W.G.Hs’ social workers have contributed their stories and life experiences to the book, including Mrs. Ivy Lai, Director, Investor Education & Communications, Securities and Futures Commission, and Professor K. C. Chan, Dean, Hong Kong University of Science and Technology Business School. Beyond financial management principles, the students will also glean the values that are important to these role models and how these have contributed to their development and success. “Citi strongly believes that financial management is a life skill that can improve the quality of life for individuals and families, as well as strengthen communities around the world. We are pleased to sponsor Tung Wah Group of Hospitals in publishing this book, which we hope will inspire the students and help them in making wise choices throughout their student life and even after,” said Sim S. Lim, Citi Country Officer, Hong Kong and Head of Markets & Banking, Hong Kong and Taiwan. At the launch of the “Wisdom on Financial Management – The Six Basic Principles to Accumulate Wealth,” Citi and T.W.G.Hs also officially kicked off the “Smart Kid” Financial Education Experiential Program 2007/08. This is a series of day camps for secondary students. During the one-day camp, the students will go through a simulated life where they will experience different choices to be made in their “life” including studying, spending, working and investing. The students will also gain invaluable experiences and insights from the group sharing sessions. “The pilot day camp sponsored by Citi was a great success, in which 120 secondary school students participated. With the overwhelmingly positive response from students and teachers, we have decided to organize three day camps for the 2007/2008 academic year. We believe that financial education can help train young people to become good citizens who are independent, balanced in development, responsible, and willing to contribute themselves to the society,” said Peter Ong, Chairman of T.W.G.Hs. The “Smart Kid” Financial Education Experiential Program day camps will be held on July 14, 2007, February 23, 2008 and April 26, 2008. The three camps will be able to accommodate 360 secondary school students. Registration for the July camp begins on June 20, 2007 at 10:00am. Registration for the February and April camps will be on February 4, 2008 at 10:00am. Registration and participation is free and will be on a first-come, first-served basis. For further information, please contact Tung Wah Group of Hospitals – Healthy Budgeting Family Debt Counseling Center. In addition to “Smart Kid” Financial Education Experiential Program, Citi Hong Kong Financial Education Series 2006-07 also includes the following: Citi Youth Investment Education Program Citi Global Young Fellowship Program Citi International Case Competition Citi Success Fund The University of Hong Kong – Citibank University Banking Course Making Sense of Money Making Sense of Money – Professional teacher training Personal Economic Program Agent Penny and Will Power 2 The Next Generation of Elite Personal Finance Program # # # Citi 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. Citi Financial Education Program Based on the belief that knowledge is your greatest asset, the Citi Financial Education Program is a global, company-wide effort to identify, support and implement initiatives that help give individuals, families and communities the tools needed to make sound financial decisions. Citi's 10-year, US$200 million global commitment is focused in three areas: Personal, Small Business and Institutional Financial Education. Additional information about the Citi Financial Education Program, including Citi Foundation guidelines, links and resources and the Citi Financial Education Program Curriculum and Facilitator's Guide may be found at http://financialeducation.citigroup.com. Tung Wah Group of Hospitals Since July 2003, in view of debt problems and related family disputes, Tung Wah Group of Hospitals has been collaborating with the Hong Kong Institute of Certified Public Accounts in the running of the Healthy Budgeting Family Debt Counseling Center, with sponsorship by the Hong Kong Jockey Club Charities Trust, to provide professional accounting consultations and emotional counseling to the needy. As prevention is always better than remedy, the center will also promote the concept of "Healthy Budgeting" proactively to the public. For further information, clients can contact the Debt Counseling Hotline on 2548 0803.