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What's New for Investors?

August 2011

Our modular approach, robust operational support and unmatched global presence distinguish Citi in servicing the needs of our investor clients. This rare combination provides you with the flexibility and scale to meet the demands of the market and deliver higher levels of service across expanding products and geographies.

We are excited to share with you recent highlights in our investor-servicing business solutions, including innovations, client partnerships, industry recognition and market trends.

Market Trends

Mutual Fund Regulatory and Legislative Update: 2nd Quarter 2011

Bruce Treff, Managing Director, and Chuck Booth, Director, of Citi's Regulatory and Compliance Services, provide their 2nd Quarter 2011 Update on matters impacting the mutual fund industry, including the registration of investment advisers to private funds and IRS guidance on cost basis reporting on the redemption of mutual fund shares.

Securities Lending in Canada

Laurie Zeppieri, Head of Securities Finance Product Management, Americas Citi Transaction Services discusses opportunities for growth and expansion for securities lending in the Canadian market.

Client Spotlight

Citi to Provide the European Investment Bank with Derivatives Collateral Management Solution

Citi is to provide the European Investment Bank (EIB) with a comprehensive solution for its derivatives collateral management. The EIB, the financing institution of the European Union, has appointed Citi as its collateral management and collateral custody agent responsible for the EIB's derivatives collateral management functions.

Orbis Appoints Citi for Custody and Fund Administration Services

Citi has been selected by Orbis, a global investment manager, as Custodian and Fund Administrator for its Australian funds. The service, provided by Citi's Citi Transaction Services, will provide an end-to-end range of custody and administrative solutions, including a comprehensive retail registry service and a highly automated trade management system.

Citi Appointed to Provide Securities and Fund Services to Support the Launch of the First ETF in Colombia

Citi has been appointed administrator, custodian, transfer agent and creation agent for the first exchange traded fund (ETF) in Colombia. The iShares® COLCAP ETF tracks the COLCAP Index, a market cap-weighted index of the 20 most liquid stocks listed on the Colombia Securities Exchange, Bolsa de Valores de Colombia (BVC). The fund was launched as part of the strategy to develop the Colombian Capital Markets and to introduce ETF products.

Leading Solutions

Citi's Fund of Hedge Funds Integrated Platform Demo

Citi's global operating platform enables fund of hedge fund managers to have direct, online access to a comprehensive suite of solutions and services through a single, seamless, front-to-back online service – resulting in greatly improved efficiency, accuracy, transparency and risk mitigation.

Industry Recognition

Citi Awarded Top Ratings for Global Mutual Fund Administration in a Survey of the World's Leading Asset Managers

Citi has been ranked Top Rated global mutual fund service administrator by the world's leading asset managers in the 2011 Mutual Fund Administration Survey compiled by Global Custodian. Citi led all providers with 12 out of 15 Top Rating Awards for services across asset classes, strategies and geographies, and improved its score in every category measured.

Did You Know?

Citigroup Reported Second Quarter 2011 Net Income of $3.3 Billion

Vikram Pandit, Citi's Chief Executive Officer, said: "Citi achieved another solid quarter of operating performance as we continue to execute our strategy. We produced growth in both loans and deposits in Citicorp, reduced assets in Citi Holdings, continued to invest in our core businesses and improved our financial strength. Although the near-term macroeconomic outlook is uneven, Citi is consistently profitable, and we remain focused on producing responsible growth by serving our clients."

For a full review of Citi's second quarter 2011 earnings, click the link below.

Expect Miracles Foundation Hosts West Coast Golf Classic

Monday, September 19, 2011
Resort at Pelican Hill, New Port Beach, CA
Indian Pond Country Club, Kingston, MA

As a proud sponsor of the Expect Miracles Foundation, Citi invites you to learn more about the good works of the foundation and the industry's West Coast charitable golf event of the year.

Hedge Funds Care – "Cocktails on the Sound"

Thursday, September 15, 2011
The Stamford CT Waterfront
6:00 p.m. – 9:00 p.m.

Citi is pleased to be attending the upcoming Hedge Funds Care – "Cocktails on the Sound" end-of-summer charity event. Hedge Funds Care is an international charity whose sole mission is preventing and treating child abuse.

Fergus Pery Joins Citi as Global Product Head of OpenCollateralSM

Citi has hired Fergus Pery as the Global Product Head of OpenCollateralSM. The growing focus on counterparty exposure and changing regulatory environment are driving an increased focus on collateral management. Mr. Pery's appointment to this new role enhances Citi's collateral management resources to assist clients in this changing environment.

As a proud sponsor of the Expect Miracles Foundation, Citi invites you to learn more about the good works of the foundation and the industry's West Coast charitable golf event of the year.

Citi's Regulatory Compliance Special Edition QuarterCAST

Wednesday, August 17, 2011
1:00 p.m. – 2:00 p.m. ET

Don't miss Citi's Special Edition QuarterCAST: Beyond Dodd-Frank: Practical Approaches to Becoming – and Implications of Being – a Registered Investment Adviser.

Citi's Chuck Booth to Speak at Thompson Hine/Hedge Fund Association Event

Tuesday, September 20, 2011
10:25 a.m.
The Harvard Club, New York City

Mr. Booth will be a guest participant on a Dodd-Frank focused panel discussion entitled: "How Do We Keep Up with the Changes? Is Technology the Answer?"