Citi Supports the Jordan River Foundation

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, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com.


	Printer Friendly Page		FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) June 13, 2007 Citi Supports the Jordan River Foundation Awards US$25,000 Grant to Support Handicraft Sector in Jordan Amman – Citi Jordan and Jordan River Foundation's (JRF) recently signed an agreement in support of "Financial Management for Handicraft Sector” training implemented by JRF. According to the grant agreement, Citi Foundation awards USD 25,000 to JRF to carry out “Financial Management for Handicraft Sector” training in 2007. JRF's Capacity Building and Business Development Services unit (CBBDS) will work on improving the skills of handcrafters who have their own businesses, whether start-ups, or potential business owners, to increase the viability of their enterprises through the application of sound financial management and product development. The project will be implemented for a period of over a year for three groups of 15 participants each, to enhance the ability of handcrafters to financially manage their businesses and market their products, in addition to expanding the business according to market needs. The topics at the training will include financial management training, designing and packaging concepts, and introduction to IT. Acting Director General, Valentina Qussisiya stated that the work of JRF has always encouraged traditional handicrafts production and marketing because it is a valuable economic source of income in addition to its traditional significance. Mr. Ziyad Akrouk, Citi Jordan General Manager said: “Citi Jordan and the Citi Foundation are proud to be associated with JRF for the benefit of communities in Jordan. Linking a leader in financial services together with a leader in community activities is a recipe for success in fulfilling our role as a global corporate citizen. Our commitment to the Jordanian financial markets includes the delivery of world-class banking solutions as well as financial education training for local communities and select private and public sector entities." JRF's CBBDS unit was established in 1999 to provide training and consultation services to different individuals, cooperatives and organizations. This unit is also part of the services established to support JRF’s main programs. The Jordan River Foundation, founded in 1995 and chaired by Her Majesty Queen Rania Al-Abdullah, is a non-profit, non-governmental organization (NGO) that initiates and supports sustainable social, economic and cultural programs that empower communities and individuals. Citi has been present in Jordan since 1974. In its 32- year presence in the kingdom, the bank has evolved into an active player and a trusted banking partner in the Jordanian market, evident in the strong relationships it currently enjoys across select Jordanian corporate. # # # 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, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com.