Citigroup Inc. announced the declaration by its Board of Directors of a
dividend of $0.01 per share of common stock payable on August 24, 2012 to
holders of record on August 6, 2012. Effective on the payment of this
dividend, an adjustment will be made to the settlement rates and certain other
terms of Citi's T-DECS, as set forth below. No adjustment will be made to the
terms of Citi's warrants or convertible preferred stock because the amount of
the dividend to be paid is less than the threshold amount required for an
adjustment. You should refer to the T-DECS Prospectus dated December 16, 2009
and the related Current Report on Form 8-K filed on December 24, 2009 for the
definitions of the terms below and for other relevant provisions of the
T-DECS.
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