Press Release

DBRS Releases Report on Citigroup Inc. and Related Entities

Banking Organizations
May 14, 2007

DBRS has today released a report on Citigroup Inc. (Citigroup or the Company) and related entities that provides further detail on the recent confirmation of the Company’s ratings, including the Issuer & Senior Debt rating at AA (high) and the Short-Term Instruments rating at R-1 (high). At the same time, DBRS added a first-time rating of AA (low) for Citigroup’s Preferred Shares. The trend for all ratings is Stable.

To obtain a copy of the full report or the April 27, 2007, press release, please click on the link below or contact us at info@dbrs.com.

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