Citigroup

FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
April 24, 2007

Citi Volunteers Teach New York Students How to Save, Spend Wisely

Addresses Critical Need for Financial Education

New York, NY – “Wants versus needs” was the topic of discussion today as several hundred Citi volunteers taught financial education to more than 11,000 students in 122 cities across the country. Students received lessons on saving from Citi employee volunteers in honor of the 11th Annual National Teach Children to Save Day, a financial education event sponsored by the American Bankers Association Education Foundation.

“Children who learn about money early and often are more likely to make smart financial decisions later in life,” said Dara Duguay, director of Citigroup’s Office of Financial Education. “In today's complex financial world, personal finance instruction is as important as reading, writing and arithmetic. At Citi, we are committed to increasing financial literacy in the communities where we live and work.”

Citi volunteers gave presentations on saving, how interest makes money grow, and how to budget and prioritize needs and wants. Nearly two million students have received savings lessons from more than 30,000 bankers since the program began in 1997. Today’s events included:

New York City: John Stewart, Managing Director, Citibank North America, Natalie Abatamarco, Director, Global Community Programs, Citi and Laura Fisher, ABAEF Director taught students at P.S.16 in Queens the importance of savings. As part of Citi’s commitment to the local community, Citi also donated 2,000 tickets for tonight’s Met’s game to students, faculty, staff and parents of PS 16.
Harlem, New York: Jan E. Boyer, U.S. Alternative Executive Director to the Inter-American Development Bank joined Citibank Financial Center Managers at the Thurgood Marshall Academy to teach 7th grade students the Financial ABCs.
Washington, DC: Dara Duguay, Director, Citigroup Office of Financial Education and Paul Atkins, Commissioner, U.S. Securities and Exchange Commission taught how to save and spend wisely to 7th and 8th grade students at Seed Public Charter School.
Maryland: Alyson Klug, President, Citibank, Mid-Atlantic Region and Ana Guevara, Deputy Assistant Secretary for Services, U.S. Department of Commerce taught fifth and sixth grade students at Langley Park/McCormick Elementary School.
Dallas, Texas: Citibank volunteers taught Where Does Your Money Go to 7th and 8th grade students at W. E. Greiner Middle School. Students were introduced to the concept of budgeting as a way to mange their money and achieve their goals.
Hundreds of CitiFinancial volunteers fanned out across the country to visit elementary, middle and high schools in Kentucky, Ohio, Pennsylvania, upstate New York, New Jersey, the Carolinas, Georgia and other states, teaching thousands of students the importance of managing money, such as how to calculate savings and investments the old fashioned way – by arithmetic with pencils instead of calculators.
Greater Washington Jumpstart Coalition: Citi Volunteers from Citibank, Office of Financial Education and Smith Barney volunteered in 16 DC public High Schools, teaching budgeting, ID Theft and Credit to nearly 2,000 students.