1. | Issuer: | Citigroup Inc. |
2. | Specified Currency: | Swiss Francs ("CHF"). |
3. | Aggregate Nominal Amount: | CHF 250,000,000 |
4. | Issue Price: | 99.26100.075% of the Aggregate Nominal Amount |
5. | Specified Denominations: | CHF 5,000 and integral multiples thereof. |
6. | Issue Date: | May 31, 2005. |
7. | Maturity Date: | May 30, 2008. |
8. | Interest Basis: | 3-Month-CHF-LIBOR Floating Rate. |
9. | Redemption/Payment Basis: | Redemption at Par. |
10. | Status of the Notes: | Senior. |
11. | Listing: | Application has been made for the Notes to be listed on the SWX Swiss Exchange (main segment). |
PROVISIONS RELATING TO INTEREST |
12. | Floating Rate Note Provisions: | Applicable. |
| (i) Rate of Interest: | 3-Month-CHF-LIBOR flat |
| (ii) Specified Interest Payment Dates: | February 28(29), May 30, August 30 and November 30 of each year, commencing August 30, 2005 and including the Maturity Date |
| (iii) Business Day Convention | Modified Following Business Day |
| (iv) Additional Business Center: | Zurich |
| (v) Manner in which Rate of Interest is determined: | Screen Rate Determination |
| (vi) Screen Rate Determination: | |
| -- Reference Rate: | 3-Month-CHF-LIBOR |
| -- Relevant Screen Page: | Telerate 3740, 3 months-CHF |
| -- Interest Determination Date(s): | The second London business day preceding the first day of the relevant interest period. |
| -- Relevant Time: | 11:00 a.m., London time |
| -- Relevant Financial Center: | London |
| -- Additional Financial Center: | Not Applicable |
| (vii) Margin: | Not Applicable |
| (viii) Minimum Rate of Interest: | Not Applicable. |
| (ix) Maximum Rate of Interest: | Not Applicable. |
| (x) Day Count Fraction: | Actual/360 |
PROVISIONS RELATING TO REDEMPTION |
13. | Final Redemption Amount: | CHF 5,000 per Note of CHF 5,000 denomination. |
14. | Early Redemption Amount: | Payable on redemption for taxation reasons or on event of default |
GENERAL PROVISIONS APPLICABLE TO THE NOTES |
15. | Form of Notes: | Bearer Notes. The Notes will be represented by a Permanent Global Note in bearer form. |
16. | Additional Financial Centre or other special provisions relating to Payment Dates: | Zurich. |
DISTRIBUTION |
17. | TEFRA: | The D Rules are applicable. |
18. | Additional selling restrictions: | Not Applicable, not 144A eligible. |
OPERATIONAL INFORMATION |
19. | ISIN Code: | CH0021366072 . |
20. | Common Code: | 021884715 . |
21. | Any clearing system other than Euroclear and Clearstream, Luxembourg and the relevant identification number: | SIS SegaInterSettle AG, Swiss Security No.: 2136607. |