Citi Supports Children & Mother Welfare Society

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 brands 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 supports organizations that help people improve their lives, businesses to grow, and communities to prosper around the world. The Citi Foundation focuses its grants primarily in three areas: financial education, educating the next generation, and building communities and entrepreneurs. Additional information can be found at http://www.citigroupfoundation.com.


	Printer Friendly Page		FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) November 26, 2007 Citi Supports Children and Mother Welfare Society US$40,000 for the Micro Start Program Manama – Citi Foundation donated $40,000 to Children and Mother Welfare Society to help unemployed low income Bahrainis. The "Micro Start Program" will provide capital to 150 young disadvantaged people who aspire to be microentrepreneurs. The Micro Start Program provides small, short-term loans to low income individuals including women, while at the same time, create a system of sustainable credit delivery. The Micro Start Program has three main objectives: Improving living standard of low income families Increasing the number of beneficiaries – especially women Strengthening microfinance institutions to assist entrepreneurs. Mayank Malik, Citi General Manager in Bahrain, said: "Citi aims to support and develop the microfinance sector in the region through a combination of community initiatives and by working with the best organizations in the field. Through its extensive presence in Bahrain and proven training record, Children and Mother Welfare Society is best suited to partner with Citi towards the advancement of this worthy cause." Shaikha Maryam bint Hammadl Khalifa, Micro Start Project Manager said: "The Micro Start Program will strengthen microfinance institutions in their endeavor to assist entrepreneurs and I believe that our program will help young individuals and women set up their own business. Citibank has continuously supported our various initiatives and I greatly appreciate their valuable support." Shaikha Aysha bint Hamad Al Khalifa, Financial Controller of the Micro Start Program, said: "By providing the much needed help to low income families will help alleviate some of the unemployment issues among young people and get them to become entrepreneurs. Citi's contribution to our program will indeed play a major role in its success." Citi has been in the Arab World for nearly 50 years and continues to view the region as critical to its global franchise. It is currently present in ten Arab countries including Egypt, UAE, Lebanon, Jordan, Tunisia, Morocco, Algeria, Bahrain, Qatar and Kuwait. Citi Foundation's approach to microfinance is to expand outreach to millions more low-income borrowers by increasing the capacity of MFIs and mobilizing capital; to build and preserve borrowers' assets via savings, housing finance, remittances, insurance and financial education; # # # 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 brands 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 supports organizations that help people improve their lives, businesses to grow, and communities to prosper around the world. The Citi Foundation focuses its grants primarily in three areas: financial education, educating the next generation, and building communities and entrepreneurs. Additional information can be found at http://www.citigroupfoundation.com.