Bahrain: Citibank & Ashrafs in Exclusive Tie-Up

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, Banamex and Nikko. Additional information may be found at www.citigroup.com or www.citi.com.


	Printer Friendly Page		FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) May 05, 2008 Bahrain: Citibank & Ashraf's in Exclusive Tie-Up Manama – Citibank credit and debit card members now benefit with a first of its kind tie-up with Ashraf's. Citibank card members will get to benefit from the first preview to the Ashraf's clearance sale and can purchase their dream products at a fabulous discount. The Ashraf's warehouse sale will be held at the Palace Inn Hotel, Um Al Hassam, on May 9-11, 2008. Citibank card members have the first day of Ashraf's clearance sale reserved exclusively for them. The sale will include well known brands like Sony, Bose, Nikon, Kodak, Swatch, Casio and much more. Speaking at the occasion, Ashish Bhugra, Country Business Manager for Citibank's Consumer Banking business said, "This tie-up with Ashraf's reinforces our commitment towards our customers to offer them exclusive and value for money offers. We are committed to providing our customers with world class products and services. Our customers will not only be able to get fantastic discounts, they also have the option to buy now and pay in equal and affordable installments over a period of time." Mrs. Amal Yousif Almoayyed, Executive Director of Ashraf's said, "We are delighted to be the joint promoters of this event with Citibank. Ashraf's has always endeavored to provide top quality brands at great prices to our esteemed customers. This event provides a fantastic opportunity for all our customers to own some of the world's greatest brands." Citibank has introduced an innovative list of credit card features like attractive Balance Transfer Facility, Easy Installment Plan, and Loan on Phone, to make Citibank Cards experience even more enriching for our customers. Citibank is currently a leading player in consumer finance in the Kingdom of Bahrain and provides tailor-made banking solutions to a diverse clientele base through a broad spectrum of innovative banking products including credit cards, consumer loans and CitiGold Priority Banking, in addition to tailored private banking products. Citi has been in the Middle East for nearly 50 years and currently offers consumer banking services in Bahrain, the UAE and Egypt. In the Kingdom of Bahrain, Citibank, the consumer banking arm of Citi, has had a presence for the past 18 years, and is expanding its major operations within the country. The bank is currently a major player in the Bahrain credit card market and a leading provider of banking, wealth management and consumer credit services. # # # 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, Banamex and Nikko. Additional information may be found at www.citigroup.com or www.citi.com.