Citi Indonesia Doubles Its Support for Financial Education for the Poor 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. Citi's major brand names include: Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com.

Citi Foundation
The Citi Foundation is committed to enhancing economic opportunities for underserved individuals and families in the communities where we work throughout the world. Globally, the Citi Foundation is focusing its giving on Microfinance and Microentrepreneurship, which helps individuals become economically self-sufficient; Small and Growing Businesses leading to economic expansion and job creation; Education, which prepares young people for personal and professional success; Financial Education, which helps individuals make informed financial decisions; and the Environment with a focus on sustainable enterprises that generate jobs and stimulate economic growth while preserving the environment. In the U.S. and Canada, the Citi Foundation supports Community Development programs that help build and revitalize neighborhoods and Education programs that prepare students for college and careers. Additional information can be found at http://www.citigroupfoundation.org/.

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 ten-year, $200 million global commitment is focused in three areas: Personal, Small Business and Institutional Financial Education. Additional information about 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.

LM FEUI
Established in 1963, the Management Board of the Economics Faculty of University Indonesia (LMFEUI) initially was an extension of Executive Development Program carried out in 1959 and sponsored by Ford Foundation and the Faculty of Economics University of Indonesia. However, in the developments, the institution has been involved in many management consultation projects, thus establish its position as one of the most famous consultation service in Indonesia.

As a management consultation company, LMFEUI existence is aimed to be companies' partners in overcoming management problems through research, consultation, training and assessment service. Therefore, LMFEUI has 4 business divisions, which consist of Management Consultation, Training, Assessment service, and Risk Center. LMFEUI is committed to provide useful assistance to solve business problems faced by national or multinational companies in Indonesia. For further information on LMFEUI please visit:http://www.lmfeui.com/.


	Printer Friendly Page		FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) March 14, 2008 Citi Indonesia Doubles Its Support for Financial Education for the Poor Program Jakarta – Citi announced today a grant of US$86,000 to double the reach and impact of the Financial Education for the Poor program in Indonesia. Launched in 2007, this first-of-its-kind initiative in Indonesia teaches microentrepreneurs basic financial management skills so that they can grow and manage their small enterprises more effectively. They also learn how to secure and utilize low-cost credit loans from cooperatives, people's credit banks (BPRs) and microfinance institutions. "We believe financial education should be made available to everyone in the community, and we are delighted to double our support for this groundbreaking initiative," said Mr. Shariq Mukhtar, Citi Indonesia Country Officer at the launch event. The Financial Education for the Poor training programs are run by the Management School of the Faculty of Economics of University Indonesia (LMFEUI), which has relationships with over 150 cooperatives and microfinance institutions that deal directly with microfinance clients. "Our goal is to involve more people and communities in Sumatra, Bali, Kalimantan, Sulawesi, Yogyakarta, Bandung, and Surabaya and we hope to double the 150,000 participation rate from 2007," said Dr. Budi W. Soetjipto, LMFEUI Managing Director. In addition to the "Basic Financial Knowledge and Skills" and "Savings: You Can Do It," three new modules will be added this year – "Credit Management: Manage with care," "Bank Services: Know your choices," and "Financial Negotiation: Talk with confidence." Also new in 2008 is a trainer assessment initiative and an impact survey involving microfinance clients. Based on figures from the Central Bureau of Statistics (March 2007), over 37 million Indonesians live below the poverty line. With funding from the Citi Foundation, Citi supports similar programs in China, India, Philippines, Vietnam, and well as Pakistan, Russia, Uganda and several countries in Latin America. # # # 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. Citi's major brand names include: Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com. Citi Foundation The Citi Foundation is committed to enhancing economic opportunities for underserved individuals and families in the communities where we work throughout the world. Globally, the Citi Foundation is focusing its giving on Microfinance and Microentrepreneurship, which helps individuals become economically self-sufficient; Small and Growing Businesses leading to economic expansion and job creation; Education, which prepares young people for personal and professional success; Financial Education, which helps individuals make informed financial decisions; and the Environment with a focus on sustainable enterprises that generate jobs and stimulate economic growth while preserving the environment. In the U.S. and Canada, the Citi Foundation supports Community Development programs that help build and revitalize neighborhoods and Education programs that prepare students for college and careers. Additional information can be found at http://www.citigroupfoundation.org/. 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 ten-year, $200 million global commitment is focused in three areas: Personal, Small Business and Institutional Financial Education. Additional information about 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. LM FEUI Established in 1963, the Management Board of the Economics Faculty of University Indonesia (LMFEUI) initially was an extension of Executive Development Program carried out in 1959 and sponsored by Ford Foundation and the Faculty of Economics University of Indonesia. However, in the developments, the institution has been involved in many management consultation projects, thus establish its position as one of the most famous consultation service in Indonesia. As a management consultation company, LMFEUI existence is aimed to be companies' partners in overcoming management problems through research, consultation, training and assessment service. Therefore, LMFEUI has 4 business divisions, which consist of Management Consultation, Training, Assessment service, and Risk Center. LMFEUI is committed to provide useful assistance to solve business problems faced by national or multinational companies in Indonesia. For further information on LMFEUI please visit:http://www.lmfeui.com/.