Citigroup Declares Dividends

    Business Editors/Financial Editors

    NEW YORK--(BUSINESS WIRE)--April 19, 2005--The Board of Directors of Citigroup (NYSE: C) today declared a quarterly dividend on the company's common stock of 44 cents per share, payable on May 27, 2005, to stockholders of record on May 2, 2005.

    The Board also declared dividends on preferred stock as follows:

    - Series F, payable June 1, 2005, to holders of record on May 13, 2005. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.795625 for each receipt held.
    - Series G, payable June 1, 2005, to holders of record on May 13, 2005. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.776625 for each receipt held.
    - Series H, payable August 1, 2005, to holders of record on July 15, 2005. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.778875 for each receipt held.
    - Series M, payable August 1, 2005, to holders of record on July 15, 2005. Holders of depositary receipts, each representing one-fifth of a full preferred share, will be paid $.733 for each receipt held.
    - Series V, payable May 15, 2005, to holders of record on April 29, 2005. Holders of depositary receipts, each representing one-tenth of a full preferred share, will be paid $.7325 for each receipt held.

    Citigroup (NYSE:C), 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, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at www.citigroup.com.

--30--SS/ny*

CONTACT: Citigroup Inc. Media: Leah Johnson, 212-559-9446 Shannon Bell, 212-793-6206 or Investors: Art Tildesley, 212-559-2718 or Fixed Income Investors: John Randel, 212-559-5091

KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING DIVIDEND SOURCE: Citigroup Inc.

Copyright Business Wire 2005