Citigroup Taiwan & Common Wealth Foundation Launch 2006 Citigroup Success Fund

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) December 01, 2006 Citigroup Taiwan & Common Wealth Foundation Launch 2006 Citigroup Success Fund Taiwan – Citigroup Taiwan and Common Wealth Magazine Education Foundation launched the fourth annual Citigroup Success Fund program on November 29. Funded by the Citigroup Foundation, the initiative has supported the development of innovative English language teaching programs in Taiwan for the past three years. Through the Citigroup Success Fund, English language teachers are encouraged to create and implement new teaching ideas, particularly to rural-based schools. Talking about the campaign, Kathy Lin, Managing Director of Global Transaction Services, Citigroup Taiwan said: "Citigroup Success Fund is a very important philanthropic program for Citigroup worldwide. It was launched in 1990 in Florida to help new immigrants settle into the local community. "The program was later implemented in Hong Kong, Singapore, Thailand, and Indonesia. Based on its success in the other markets, Citigroup Taiwan introduced it in 2003 and will continue to support this and other education projects that make a positive and long-term impact on students." This year, the Citigroup Success Fund has been modified with greater incentives being offered to teachers. The first prize winner will receive a cash prize of NT$50,000, and in keeping with the program's slogan of "Creative English Teaching: Talk to the World," a chance to study a successful program overseas (thanks to a scholarship grant of NT$150,000.) Cathy Ling, General-Secretary of Common Wealth Magazine Education Foundation, said the Common Wealth Foundation shares Citigroup's passion for education. "We are big supporters of programs such as this because they make education and learning open to many students, not just those in the cities. The Foundation is delighted to have the opportunity to work with Citigroup and take the Citigroup Success Funds nationwide." In today's launch, students from Ping-Deng elementary school performed a traditional Taiwanese Puppet Show in English. A creative teaching seminar was also held for teachers at the event. Hui-zhen, Liao (the 2005 winner) and Emily Fu (the second-prize winner in 2005) spoke about their respective programs and the impact they have made. Registration due date for the fourth Citigroup Success Fund is February 28, 2007. For more information of this program, please visit http://www.lcenter.com.tw/english/. # # # 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.