For Immediate Release Citigroup Inc. (NYSE: C) November 13, 2008

Statement From The Citi Board of Directors

New York – The Board of Directors of Citigroup Inc. today reiterated its full support for the company's Chairman, Sir Win Bischoff, and said it looks forward to his continued leadership. This morning's Wall Street Journal report to the contrary is completely erroneous.

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. Citi's major brand names include Citibank, CitiFinancial, Primerica, Citi Smith Barney, Banamex and Nikko. Additional information may be found at or