Citibank Lowers Base Rate

NEW YORK, Mar 18, 2008 (BUSINESS WIRE) — Citibank said today it has lowered its
base lending rate to 5.25% from 6.00%, effective today, Tuesday, March 18, 2008.

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 http://www.citigroup.com or
http://www.citi.com.

SOURCE: Citigroup Inc.
Citibank
Media
Shannon Bell, 212-793-6206
or
Michael Hanretta, 212-559-9466
or
Investors
Scott Freidenrich, 212-559-2718
or
Fixed Income Investors
Maurice Raichelson, 212-559-5091

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