Citigroup Announces 11% Increase in Common Dividend to a Quarterly Rate of $0.49 per Share

Citigroup
Citigroup, 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, insurance, securities brokerage, and asset management. Major brand names under Citigroup’s trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, and Banamex. Additional information may be found at www.citigroup.com.


	Printer Friendly Page		FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) January 20, 2006 Citigroup Announces 11% Increase in Common Dividend to a Quarterly Rate of $0.49 per Share 21st Consecutive Year of Common Dividend Increases New York – The Board of Directors of Citigroup (NYSE: C) today approved an 11 percent increase to the quarterly dividend on the company’s common stock of 49 cents per share from 44 cents a share, payable on February 24, 2006, to stockholders of record on February 6, 2006. Charles Prince, Chief Executive Officer of Citigroup, said: "For the 21st year in a row, Citigroup has raised its dividend, and we are committed to continue to enhance returns to our shareholders. We have presented a clear strategy for the future of our company that is built on a strong financial foundation and distinct competitive advantages. We have significant opportunity to grow our franchises, and we are confident in the continuing earnings power of our company." The Board also declared dividends on preferred stock as follows: – Series F, payable March 1, 2006, to holders of record on February 15, 2006. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.795625 for each receipt held. – Series G, payable March 1, 2006, to holders of record on February 15, 2006. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.776625 for each receipt held. – Series H, payable May 1, 2006, to holders of record on April 14, 2006. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.778875 for each receipt held. – Series M, payable May 1, 2006, to holders of record on April 14, 2006. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.733 for each receipt held. – Series V, payable February 15, 2006, to holders of record on January 31, 2006. Holders of depositary receipts, each representing one-tenth of a full preferred share, will be paid $.7325 for each receipt held. # # # Citigroup Citigroup, 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, insurance, securities brokerage, and asset management. Major brand names under Citigroup’s trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, and Banamex. Additional information may be found at www.citigroup.com.