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Citigroup Announces $954 Million Redemption Of Citigroup Capital XVI Trust Preferred Securities

Certain statements in this press release, including without limitation the expected impact of the redemptions on Citigroup's Tier 1 Capital, Tier 1 Common, net interest margin, borrowing costs and capital position under Basel III, are "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results and capital and other financial condition may differ materially from those included in these statements due to a variety of factors, including without limitation the actual completion of the announced redemptions, the completion of the final analysis of the capital impact on Citigroup as a result of the redemptions and the factors contained in Citi's filings with the U.S. Securities and Exchange Commission, including without limitation the "Risk Factors" section of Citi's 2012 Annual Report on Form 10-K. Precautionary statements included in such filings should be read in conjunction with this release.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi



Copyright Business Wire 2010
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