Citigroup (C) 8-K Citigroup Reports Third Quarter Net Income of $7.14 Billion Third Quarter Eps of $1.38

Exhibit 99.2

CITIGROUP—QUARTERLY FINANCIAL DATA SUPPLEMENT    3Q05

				Page Number
Citigroup Consolidated
	Financial Summary			1
	Segment Income:
			Product View	2
			Regional View	3
	Segment Net Revenues:
			Product View	4
			Regional View	5
	Consolidated Statement of Income			6
	Consolidated Balance Sheet			7
Segment Detail
	Global Consumer:
		Cards
			Global Cards	8
			North America Cards	9 - 10
			International Cards	11
		Consumer Finance
			Global Consumer Finance	12
			North America Consumer Finance	13
			International Consumer Finance	14
		Retail Banking
			Global Retail Banking	15
			North America Retail Banking	16 - 17
			International Retail Banking	18 - 19
	Corporate and Investment Banking:
		Income Statement		20
		Revenue Details		21
		Capital Markets and Banking		22
		Transaction Services		23
	Global Wealth Management:
		Smith Barney		24
		Private Bank		25
	Alternative Investments			26
Citigroup Supplemental Detail
	Discontinued Operations			27
	Segment Balance Sheet			28
	Return on Capital			29
	Consumer Loan Delinquency Amounts, Net Credit Losses and Ratios			30
	Allowance for Credit Losses:
			Total Citigroup	31
			Consumer Loans	32
			Corporate Loans	33
	Non-Performing Assets			34

CITIGROUP—FINANCIAL SUMMARY
(In millions of dollars, except per share amounts)

Citigroup, the leading global financial services company, has more than 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions a complete range of financial products and services.

	1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Income from Continuing Operations	$	4,964		$	916		$	5,026		$	5,148		$	5,115		$	4,731		$	4,988		(1	%)	$	10,906		$	14,834		36	%
Discontinued Operations, After-tax		309			228			282			173			326			342			2,155					819			2,823
Net Income	$	5,273		$	1,144		$	5,308		$	5,321		$	5,441		$	5,073		$	7,143		35	%	$	11,725		$	17,657		51	%
Basic Earnings Per Share:
Income from Continuing Operations	$	0.97		$	0.18		$	0.98		$	1.00		$	0.99		$	0.92		$	0.98		—		$	2.13		$	2.90		36	%
Net Income	$	1.03		$	0.22		$	1.03		$	1.04		$	1.06		$	0.99		$	1.41		37	%	$	2.29		$	3.45		51	%
Weighted average common shares applicable to Basic EPS		5,095.6			5,100.5			5,112.3			5,120.3			5,133.3			5,119.1			5,058.3					5,102.8			5,103.6
Preferred Dividends—Basic	$	17		$	17		$	17		$	17		$	17		$	17		$	17				$	51		$	51
Diluted Earnings Per Share:
Income from Continuing Operations	$	0.95		$	0.17		$	0.96		$	0.98		$	0.98		$	0.91		$	0.97		1	%	$	2.09		$	2.85		36	%
Net Income	$	1.01		$	0.22		$	1.02		$	1.02		$	1.04		$	0.97		$	1.38		35	%	$	2.24		$	3.39		51	%
Adjusted weighted average common shares applicable to Diluted EPS		5,203.1			5,201.3			5,205.6			5,219.5			5,226.0			5,208.1			5,146.0					5,203.3			5,193.4
Preferred Dividends—Diluted	$	17		$	17		$	17		$	17		$	17		$	17		$	17				$	51		$	51
Common Shares Outstanding, at period end		5,171.5			5,180.3			5,189.8			5,194.6			5,202.2			5,170.1			5,059.0					5,189.8			5,059.0
Tier 1 Capital Ratio		8.96	%		8.16	%		8.37	%		8.74	%		8.78	%		8.71	%		9.1	%*				8.37	%		9.1	%*
Total Capital Ratio		12.25	%		11.31	%		11.49	%		11.85	%		12.03	%		11.87	%		12.4	%*				11.49	%		12.4	%*
Leverage Ratio		5.40	%		4.88	%		5.01	%		5.20	%		5.19	%		5.19	%		5.4	%*				5.01	%		5.4	%*
Total Assets, at period end (in billions)	$	1,317.6		$	1,396.6		$	1,436.6		$	1,484.1		$	1,489.9		$	1,547.8		$	1,471.6	*			$	1,436.6		$	1,471.6	*
Stockholders' Equity, at period end (in billions)	$	101.9		$	98.3		$	103.4		$	109.3		$	110.5		$	113.0		$	111.8	*			$	103.4		$	111.8	*
Equity and Trust Securities, at period end (in billions)	$	108.2		$	104.5		$	110.2		$	115.5		$	116.9		$	119.5		$	118.2	*			$	110.2		$	118.2	*
Book Value Per Share, at period end	$	19.48		$	18.76		$	19.70		$	20.82		$	21.03		$	21.65		$	21.88	*			$	19.70		$	21.88	*
Return on Common Equity (Net Income)		21.3	%		4.6	%		21.3	%		20.1	%		20.3	%		18.4	%		25.4	%				15.9	%		21.4	%
Return on Risk Capital (Income from Continuing Operations)		46	%		8	%		42	%		43	%		40	%		36	%		37	%				32	%		38	%

*

Preliminary

1

CITIGROUP—NET INCOME
PRODUCT VIEW
(In millions of dollars)

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Global Consumer:
	Cards		$	980		$	1,012		$	1,267		$	1,441		$	1,086		$	1,067		$	1,182		(7	%)	$	3,259		$	3,335		2	%
	Consumer Finance			567			594			643			584			629			646			495		(23	%)		1,804			1,770		(2	%)
	Retail Banking			1,168			1,192			1,271			1,173			1,309			1,241			1,111		(13	%)		3,631			3,661		1	%
	Other(1)			(94	)		304			(62	)		(53	)		(181	)		(57	)		(65	)	(5	%)		148			(303	)	NM
		Total Global Consumer		2,621			3,102			3,119			3,145			2,843			2,897			2,723		(13	%)		8,842			8,463		(4	%)
Corporate and Investment Banking:
	Capital Markets and Banking			1,477			1,502			1,159			1,257			1,439			1,043			1,424		23	%		4,138			3,906		(6	%)
	Transaction Services			235			262			286			262			245			288			327		14	%		783			860		10	%
	Other(1)(2)			(4	)		(4,569	)		7			168			(5	)		41			46		NM			(4,566	)		82		NM
		Total Corporate and Investment Banking		1,708			(2,805	)		1,452			1,687			1,679			1,372			1,797		24	%		355			4,848		NM
Global Wealth Management:
	Smith Barney			252			211			198			230			197			239			227		15	%		661			663		—
	Private Bank(3)			159			152			136			(129	)		122			83			79		(42	%)		447			284		(36	%)
		Total Global Wealth Management		411			363			334			101			319			322			306		(8	%)		1,108			947		(15	%)
Alternative Investments				33			278			117			340			362			385			339		NM			428			1,086		NM
Corporate/Other				191			(22	)		4			(125	)		(88	)		(245	)		(177	)	NM			173			(510	)	NM
Income From Continuing Operations				4,964			916			5,026			5,148			5,115			4,731			4,988		(1	%)		10,906			14,834		36	%
Discontinued Operations(4)(5)				309			228			282			173			326			342			2,155					819			2,823
Net Income			$	5,273		$	1,144		$	5,308		$	5,321		$	5,441		$	5,073		$	7,143		35	%	$	11,725		$	17,657		51	%

(1)

The 2004 second quarter includes a $756 million after-tax gain ($378 million in Consumer Other and $378 million in CIB Other) related to the sale of The Samba Financial Group (Samba).

(2)

The 2004 second quarter includes a $4.95 billion after-tax charge related to the WorldCom Settlement and increase in Litigation Reserves.

(3)

The 2004 fourth quarter includes a $244 million after-tax charge related to the exit plan implementation for the Company's Private Bank operations in Japan.

(4)

Discontinued Operations includes the operations from the Company's January 31, 2005 announced agreement for the sale of Citigroup's Travelers Life & Annuity, and substantially all of Citigroup's international insurance business, to MetLife, Inc. The transaction closed during the 2005 third quarter and resulted in a $3.4 billion ($2.1 billion after-tax) gain.

(5)

Discontinued Operations includes the operations from the Company's June 24, 2005 announced agreement for the sale of substantially all of Citigroup's Asset Management business to Legg Mason, Inc. The transaction is subject to certain domestic and international regulatory approvals, as well as other customary conditions to closing and is expected to close during the 2005 fourth quarter.

NM Not meaningful

Reclassified to conform to the current period's presentation.

2

CITIGROUP—NET INCOME
REGIONAL VIEW
(In millions of dollars)

			1Q 2004		2Q 2004			3Q 2004		4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
North America (excluding Mexico)(1)
	Global Consumer		$	1,748	$	1,785		$	2,123	$	2,071		$	1,905		$	1,798		$	1,761		(17	%)	$	5,656		$	5,464		(3	%)
	Corporate and Investment Banking			746		(4,244	)		501		807			893			462			637		27	%		(2,997	)		1,992		NM
	Global Wealth Management			315		282			272		310			273			315			288		6	%		869			876		1	%
		Total North America (excluding Mexico)		2,809		(2,177	)		2,896		3,188			3,071			2,575			2,686		(7	%)		3,528			8,332		NM
Mexico
	Global Consumer			228		235			249		267			277			368			511		NM			712			1,156		62	%
	Corporate and Investment Banking			94		184			198		183			83			76			177		(11	%)		476			336		(29	%)
	Global Wealth Management			16		12			13		11			13			10			12		(8	%)		41			35		(15	%)
		Total Mexico		338		431			460		461			373			454			700		52	%		1,229			1,527		24	%
Europe, Middle East and Africa (EMEA)
	Global Consumer			203		601			154		224			121			122			(154	)	NM			958			89		(91	%)
	Corporate and Investment Banking			265		662			124		85			188			336			358		NM			1,051			882		(16	%)
	Global Wealth Management			9		4			4		(2	)		(1	)		3			8		100	%		17			10		(41	%)
		Total EMEA		477		1,267			282		307			308			461			212		(25	%)		2,026			981		(52	%)
Japan
	Global Consumer			142		147			164		163			175			188			169		3	%		453			532		17	%
	Corporate and Investment Banking			93		87			91		63			48			54			58		(36	%)		271			160		(41	%)
	Global Wealth Management			26		19			3		(253	)		(8	)		(45	)		(29	)	NM			48			(82	)	NM
		Total Japan		261		253			258		(27	)		215			197			198		(23	%)		772			610		(21	%)
Asia (excluding Japan)
	Global Consumer			247		280			332		328			311			341			375		13	%		859			1,027		20	%
	Corporate and Investment Banking			308		321			309		352			322			249			382		24	%		938			953		2	%
	Global Wealth Management			35		34			33		23			35			31			26		(21	%)		102			92		(10	%)
		Total Asia		590		635			674		703			668			621			783		16	%		1,899			2,072		9	%
Latin America
	Global Consumer			53		54			97		92			54			80			61		(37	%)		204			195		(4	%)
	Corporate and Investment Banking			202		185			229		197			145			195			185		(19	%)		616			525		(15	%)
	Global Wealth Management			10		12			9		12			7			8			1		(89	%)		31			16		(48	%)
		Total Latin America		265		251			335		301			206			283			247		(26	%)		851			736		(14	%)
Alternative Investments				33		278			117		340			362			385			339		NM			428			1,086		NM
Corporate/Other				191		(22	)		4		(125	)		(88	)		(245	)		(177	)	NM			173			(510	)	NM
Income From Continuing Operations				4,964		916			5,026		5,148			5,115			4,731			4,988		(1	%)		10,906			14,834		36	%
	Discontinued Operations			309		228			282		173			326			342			2,155					819			2,823
Net Income			$	5,273	$	1,144		$	5,308	$	5,321		$	5,441		$	5,073		$	7,143		35	%	$	11,725		$	17,657		51	%

(1)

Excludes Alternative Investments and Corporate/Other which are predominantly related to North America.

NM Not meaningful

Reclassified to conform to the current period's presentation.

3

CITIGROUP—NET REVENUES
PRODUCT VIEW
(In millions of dollars)

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004		Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Global Consumer:
	Cards		$	4,598		$	4,467		$	4,602		$	4,654		$	4,576		$	4,451		$	4,603		—		$	13,667	$	13,630		—
	Consumer Finance			2,688			2,677			2,631			2,765			2,750			2,713			2,674		2	%		7,996		8,137		2	%
	Retail Banking			4,381			4,514			4,661			4,733			5,011			4,873			5,070		9	%		13,556		14,954		10	%
	Other			(16	)		557			(24	)		(1	)		(219	)		(30	)		(26	)	(8	%)		517		(275	)	NM
		Total Global Consumer		11,651			12,215			11,870			12,151			12,118			12,007			12,321		4	%		35,736		36,446		2	%
Corporate and Investment Banking:
	Capital Markets and Banking			4,531			4,495			3,733			4,347			4,899			3,965			5,187		39	%		12,759		14,051		10	%
	Transaction Services			942			987			1,045			1,104			1,137			1,191			1,246		19	%		2,974		3,574		20	%
	Other			1			585			2			14			1			—			1		(50	%)		588		2		(100	%)
		Total Corporate and Investment Banking		5,474			6,067			4,780			5,465			6,037			5,156			6,434		35	%		16,321		17,627		8	%
Global Wealth Management:
	Smith Barney			1,732			1,582			1,528			1,643			1,669			1,647			1,728		13	%		4,842		5,044		4	%
	Private Bank			573			505			482			484			504			453			446		(7	%)		1,560		1,403		(10	%)
		Total Global Wealth Management		2,305			2,087			2,010			2,127			2,173			2,100			2,174		8	%		6,402		6,447		1	%
Alternative Investments				191			545			297			670			866			1,112			720		NM			1,033		2,698		NM
Corporate/Other				311			(59	)		(219	)		(303	)		2			(206	)		(151	)	31	%		33		(355	)	NM
Total Net Revenues			$	19,932		$	20,855		$	18,738		$	20,110		$	21,196		$	20,169		$	21,498		15	%	$	59,525	$	62,863		6	%
Managed Basis Net Revenues(1)			$	21,257		$	22,145		$	19,988		$	21,324		$	22,362		$	21,485		$	22,765		14	%	$	63,390	$	66,612		5	%

(1)

Segment net revenues disclosed above are prepared on an owned basis in accordance with Generally Accepted Accounting Principles (GAAP). The managed basis disclosures treat the receivables as if they had not been securitized and are still on our balance sheet, reflecting the interest revenue and expense associated with the portfolio, as well as the credit costs incurred. Although a managed basis presentation is not in conformity with GAAP, the Company believes it provides a representation of performance and key indicators of the credit card business that is consistent with the way the business is managed. For a reconciliation of managed basis revenue to GAAP revenues, see the Cards business on page 8.

NM    Not meaningful

Reclassified to conform to the current period's presentation.

4

CITIGROUP—NET REVENUES
REGIONAL VIEW
(In millions of dollars)

			1Q 2004		2Q 2004			3Q 2004			4Q 2004			1Q 2005		2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004		Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
North America (excluding Mexico)(1)
	Global Consumer		$	7,778	$	7,618		$	7,776		$	7,704		$	7,759	$	7,473		$	7,687		(1	%)	$	23,172	$	22,919		(1	%)
	Corporate and Investment Banking			2,302		2,560			1,848			2,251			2,779		1,948			2,810		52	%		6,710		7,537		12	%
	Global Wealth Management			1,915		1,765			1,718			1,843			1,872		1,852			1,923		12	%		5,398		5,647		5	%
		Total North America (excluding Mexico)		11,995		11,943			11,342			11,798			12,410		11,273			12,420		10	%		35,280		36,103		2	%
Mexico
	Global Consumer			853		842			906			1,007			960		1,055			1,139		26	%		2,601		3,154		21	%
	Corporate and Investment Banking			204		137			199			230			159		170			236		19	%		540		565		5	%
	Global Wealth Management			38		34			35			31			31		31			30		(14	%)		107		92		(14	%)
		Total Mexico		1,095		1,013			1,140			1,268			1,150		1,256			1,405		23	%		3,248		3,811		17	%
Europe, Middle East and Africa (EMEA)
	Global Consumer			1,152		1,776			1,143			1,251			1,249		1,255			1,272		11	%		4,071		3,776		(7	%)
	Corporate and Investment Banking			1,562		2,067			1,352			1,531			1,694		1,708			1,801		33	%		4,981		5,203		4	%
	Global Wealth Management			80		72			68			71			71		71			79		16	%		220		221		—
		Total EMEA		2,794		3,915			2,563			2,853			3,014		3,034			3,152		23	%		9,272		9,200		(1	%)
Japan
	Global Consumer			815		812			822			841			821		827			803		(2	%)		2,449		2,451		—
	Corporate and Investment Banking			227		204			226			160			180		187			211		(7	%)		657		578		(12	%)
	Global Wealth Management			83		58			33			26			22		(15	)		(13	)	NM			174		(6	)	NM
		Total Japan		1,125		1,074			1,081			1,027			1,023		999			1,001		(7	%)		3,280		3,023		(8	%)
Asia (excluding Japan)
	Global Consumer			824		944			998			1,046			1,072		1,116			1,141		14	%		2,766		3,329		20	%
	Corporate and Investment Banking			857		770			823			958			915		761			1,004		22	%		2,450		2,680		9	%
	Global Wealth Management			131		102			102			97			119		111			107		5	%		335		337		1	%
		Total Asia		1,812		1,816			1,923			2,101			2,106		1,988			2,252		17	%		5,551		6,346		14	%
Latin America
	Global Consumer			229		223			225			302			257		281			279		24	%		677		817		21	%
	Corporate and Investment Banking			322		329			332			335			310		382			372		12	%		983		1,064		8	%
	Global Wealth Management			58		56			54			59			58		50			48		(11	%)		168		156		(7	%)
		Total Latin America		609		608			611			696			625		713			699		14	%		1,828		2,037		11	%
Alternative Investments				191		545			297			670			866		1,112			720		NM			1,033		2,698		NM
Corporate/Other				311		(59	)		(219	)		(303	)		2		(206	)		(151	)	31	%		33		(355	)	NM
Total Net Revenues			$	19,932	$	20,855		$	18,738		$	20,110		$	21,196	$	20,169		$	21,498		15	%	$	59,525	$	62,863		6	%

(1)

Excludes Alternative Investments and Corporate / Other which are predominantly related to North America.

NM Not meaningful

Reclassified to conform to the current period's presentation.

5

CITIGROUP CONSOLIDATED STATEMENT OF INCOME
(In millions of dollars)

			1Q 2004		2Q 2004			3Q 2004		4Q 2004		1Q 2005		2Q 2005		3Q 2005		3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004		Nine Months 2005		YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Revenues
	Loan interest, including fees		$	10,769	$	10,794		$	11,018	$	11,215	$	11,273	$	11,486	$	12,066	10	%	$	32,581	$	34,825	7	%
	Other interest and dividends			4,328		4,627			5,181		5,751		6,262		6,981		7,309	41	%		14,136		20,552	45	%
	Insurance premiums			648		636			668		774		735		793		743	11	%		1,952		2,271	16	%
	Commissions and fees			4,139		4,308			3,305		4,229		4,209		3,978		4,825	46	%		11,752		13,012	11	%
	Principal transactions			1,311		1,062			400		943		2,215		844		1,950	NM			2,773		5,009	81	%
	Asset management and administration fees			1,389		1,324			1,353		1,458		1,508		1,488		1,522	12	%		4,066		4,518	11	%
	Realized gains (losses) from sales of investments			129		218			303		183		243		455		284	(6	%)		650		982	51	%
	Other revenue			1,683		2,857			2,383		2,253		2,175		2,812		2,448	3	%		6,923		7,435	7	%
		Total revenues		24,396		25,826			24,611		26,806		28,620		28,837		31,147	27	%		74,833		88,604	18	%
		Interest expense		4,464		4,971			5,873		6,696		7,424		8,668		9,649	64	%		15,308		25,741	68	%
		Total revenues, net of interest expense		19,932		20,855			18,738		20,110		21,196		20,169		21,498	15	%		59,525		62,863	6	%
Benefits, Claims, and Credit Losses
	Policyholder benefits and claims			227		223			206		228		217		212		215	4	%		656		644	(2	%)
	Provision for loan losses			2,230		1,588			1,029		1,386		1,813		1,720		2,525	NM			4,847		6,058	25	%
	Provision for unfunded lending commitments			—		—			—		—		—		100		100	—			—		200	—
		Total benefits, claims, and credit losses		2,457		1,811			1,235		1,614		2,030		2,032		2,840	NM			5,503		6,902	25	%
Operating Expenses
	Compensation and benefits			5,700		5,699			5,421		6,114		6,486		6,033		6,792	25	%		16,820		19,311	15	%
	Net occupancy expense			1,055		1,215			1,229		1,292		1,241		1,271		1,270	3	%		3,499		3,782	8	%
	Technology / communication expense			850		887			914		867		866		884		892	(2	%)		2,651		2,642	—
	Advertising and marketing expense			594		643			661		755		641		620		587	(11	%)		1,898		1,848	(3	%)
	Other operating			1,977		9,728			1,954		2,227		2,170		2,164		1,872	(4	%)		13,659		6,206	(55	%)
		Total operating expenses		10,176		18,172			10,179		11,255		11,404		10,972		11,413	12	%		38,527		33,789	(12	%)
Income from Continuing Operations before Income Taxes and Minority Interest				7,299		872			7,324		7,241		7,762		7,165		7,245	(1	%)		15,495		22,172	43	%
Provision (benefit) for income taxes				2,271		(83	)		2,229		2,047		2,484		2,179		2,164	(3	%)		4,417		6,827	55	%
Minority interest, net of income taxes				64		39			69		46		163		255		93	35	%		172		511	NM
Income from Continuing Operations				4,964		916			5,026		5,148		5,115		4,731		4,988	(1	%)		10,906		14,834	36	%
Discontinued Operations(1)(2)
	Income from Discontinued Operations			441		359			358		288		483		493		49				1,158		1,025
	Gain on Sale			—		—			—		—		—		—		3,386				—		3,386
	Provision for income taxes			132		131			76		115		157		151		1,280				339		1,588
Income from Discontinued Operations, net				309		228			282		173		326		342		2,155				819		2,823
Net Income			$	5,273	$	1,144		$	5,308	$	5,321	$	5,441	$	5,073	$	7,143	35	%	$	11,725	$	17,657	51	%

(1)

Discontinued Operations includes the operations from the Company's January 31, 2005 announced agreement for the sale of Citigroup's Travelers Life & Annuity, and substantially all of Citigroup's international insurance business, to MetLife, Inc. The transaction closed during the 2005 third quarter and resulted in a $3.4 billion ($2.1 billion after-tax) gain.

(2)

Discontinued Operations includes the operations from the Company's June 24, 2005 announced agreement for the sale of substantially all of Citigroup's Asset Management business to Legg Mason, Inc. The transaction is subject to certain domestic and international regulatory approvals, as well as other customary conditions to closing and is expected to close during the 2005 fourth quarter.

NM Not meaningful

Reclassified to conform to the current period's presentation.

6

CITIGROUP CONSOLIDATED BALANCE SHEET
(In millions of dollars)

		March 31, 2004			June 30, 2004			September 30, 2004			December 31, 2004			March 31, 2005			June 30, 2005			September 30, 2005 (1)			Sept. 30, 2005 vs. December 31, 2004 Inc (Decr)
Assets
Cash and due from banks (including segregated cash and other deposits)		$	23,104		$	26,462		$	25,483		$	23,556		$	25,620		$	28,942		$	28,438		21%
Deposits at interest with banks			23,104			24,710			23,407			23,889			28,568			31,322			30,604		28%
Federal funds sold and securities borrowed or purchased under agreements to resell			184,089			194,594			208,159			200,739			202,099			232,369			236,105		18%
Brokerage receivables			35,159			41,494			37,987			39,273			40,747			42,977			42,006		7%
Trading account assets			232,227			245,037			264,227			280,167			272,841			281,035			293,416		5%
Investments			203,311			205,245			205,632			213,243			167,589			165,587			165,905		(22%	)
Loans, net of unearned income
Consumer			383,678			398,558			408,376			435,226			430,008			433,057			440,145		1%
Corporate			100,438			112,859			112,309			113,603			117,651			123,880			126,276		11%
Loans, net of unearned income			484,116			511,417			520,685			548,829			547,659			556,937			566,421		3%
Allowance for credit losses			(12,506	)		(12,715	)		(12,034	)		(11,269	)		(10,894	)		(10,418	)		(10,015	)	11%
Total loans, net			471,610			498,702			508,651			537,560			536,765			546,519			556,406		4%
Goodwill			28,549			30,215			30,809			31,992			32,076			32,235			32,240		1%
Intangible assets			13,953			14,525			16,192			15,271			15,572			13,894			14,376		(6%	)
Reinsurance recoverables			4,598			4,683			4,722			4,783			818			808			829		(83%	)
Separate and variable accounts			28,841			29,474			29,839			32,264			1,225			1,320			1,478		(95%	)
Other assets			69,046			81,427			81,446			81,364			70,893			76,357			68,643		(16%	)
Assets of discontinued operations held for sale			—			—			—			—			95,078			94,424			1,180		NM
Total assets		$	1,317,591		$	1,396,568		$	1,436,554		$	1,484,101		$	1,489,891		$	1,547,789		$	1,471,626		(1%	)
Liabilities
	Non-interest-bearing deposits in U.S. offices	$	30,078		$	31,654		$	30,785		$	31,533		$	32,840		$	32,133		$	32,834		4%
	Interest-bearing deposits in U.S. offices		151,124			153,237			156,802			161,113			166,141			166,004			168,149		4%
	Non-interest-bearing deposits in offices outside the U.S.		25,730			27,182			27,420			28,379			29,930			31,281			32,374		14%
	Interest-bearing deposits in offices outside the U.S.		292,257			312,327			319,444			341,056			339,963			343,156			347,756		2%
Total deposits			499,189			524,400			534,451			562,081			568,874			572,574			581,113		3%
Federal funds purchased and securities loaned or sold under agreements to repurchase			179,743			202,940			217,157			209,555			217,599			252,774			243,819		16%
Brokerage payables			37,271			42,524			41,986			50,208			52,088			53,600			57,330		14%
Trading account liabilities			127,076			132,247			137,078			135,487			120,511			133,807			140,723		4%
Contractholder funds and separate and variable accounts			60,618			62,237			63,341			68,801			1,621			1,670			1,823		(97%	)
Insurance policy and claims reserves			17,871			18,007			18,416			19,177			4,994			5,034			5,098		(73%	)
Investment banking and brokerage borrowings			26,159			26,459			27,697			25,799			30,433			24,727			14,612		(43%	)
Short-term borrowings			40,705			40,917			35,506			30,968			32,271			38,257			43,612		41%
Long-term debt			178,588			189,071			198,713			207,910			207,935			211,346			213,894		3%
Other liabilities (2)			48,487			59,455			58,843			64,824			56,656			56,751			57,400		(11%	)
Liabilities of discontinued operations held for sale			—			—			—			—			86,373			84,212			365		NM
Total liabilities			1,215,707			1,298,257			1,333,188			1,374,810			1,379,355			1,434,752			1,359,789		(1%	)
Stockholders' equity
Preferred Stock			1,125			1,125			1,125			1,125			1,125			1,125			1,125		—
Common Stock			55			55			55			55			55			55			55		—
Additional paid-in capital			18,407			18,519			18,685			18,851			19,884			20,177			20,179		7%
Retained earnings			96,659			95,707			98,930			102,154			105,269			108,026			112,868		10%
Treasury stock			(11,442	)		(11,135	)		(10,814	)		(10,644	)		(10,475	)		(12,299	)		(17,290	)	(62%	)
Accumulated other changes in equity from nonowner sources			(122	)		(3,338	)		(2,424	)		(304	)		(1,681	)		(1,030	)		(2,557	)	NM
Unearned compensation			(2,798	)		(2,622	)		(2,191	)		(1,946	)		(3,641	)		(3,017	)		(2,543	)	(31%	)
Total stockholders' equity			101,884			98,311			103,366			109,291			110,536			113,037			111,837		2%
Total liabilities and stockholders' equity		$	1,317,591		$	1,396,568		$	1,436,554		$	1,484,101		$	1,489,891		$	1,547,789		$	1,471,626		(1%	)

(1)

Preliminary.

(2)

Includes allowance for credit losses for letters of credit and unfunded lending commitments of $600 million for the first, second, third and fourth quarters of 2004, respectively, and $600, $700 and $800 million in the first, second and third quarters of 2005, respectively.

NM Not meaningful

Reclassified to conform to the current period's presentation.

7

GLOBAL CONSUMER
CARDS
(In millions of dollars)

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense			$	4,598		$	4,467		$	4,602		$	4,654		$	4,576		$	4,451		$	4,603		—		$	13,667		$	13,630		—
Effect of Securitization Activities				1,325			1,290			1,250			1,214			1,166			1,316			1,267		1	%		3,865			3,749		(3	%)
	Adjusted Revenues, Net of Interest Expense(1)			5,923			5,757			5,852			5,868			5,742			5,767			5,870		—			17,532			17,379		(1	%)
Total Operating Expenses				1,938			1,964			2,053			2,134			2,077			2,089			2,026		(1	%)		5,955			6,192		4	%
	Net Credit Losses{a}			1,229			1,083			892			936			915			797			817		(8	%)		3,204			2,529		(21	%)
	Effect of Securitization Activities			1,325			1,290			1,250			1,214			1,166			1,316			1,267		1	%		3,865			3,749		(3	%)
		Adjusted Net Credit Losses(1)		2,554			2,373			2,142			2,150			2,081			2,113			2,084		(3	%)		7,069			6,278		(11	%)
	Specific and Unallocated Credit Reserve Build / (Release){a}			(1	)		(68	)		(246	)		(429	)		(5	)		18			54		NM			(315	)		67		NM
Total Provision for Loan Losses (Sum of {a})				1,228			1,015			646			507			910			815			871		35	%		2,889			2,596		(10	%)
Income Before Taxes and Minority Interest				1,432			1,488			1,903			2,013			1,589			1,547			1,706		(10	%)		4,823			4,842		—
Income Taxes and Minority Interest				452			476			636			572			503			480			524		(18	%)		1,564			1,507		(4	%)
Net Income			$	980		$	1,012		$	1,267		$	1,441		$	1,086		$	1,067		$	1,182		(7	%)	$	3,259		$	3,335		2	%
Average Assets (in billions of dollars)			$	95		$	94		$	96		$	96		$	96		$	91		$	90		(6	%)	$	95		$	92		(3	%)
Return on Assets				4.15	%		4.33	%		5.25	%		5.97	%		4.59	%		4.70	%		5.21	%				4.58	%		4.85	%
Return on Managed Assets				2.32	%		2.42	%		2.96	%		3.26	%		2.47	%		2.46	%		2.70	%				2.34	%		2.49	%
Average Risk Capital			$	5,513		$	5,439		$	5,205		$	5,300		$	7,233		$	7,613		$	7,703		48	%	$	5,386		$	7,516		40	%
Return on Risk Capital				71	%		75	%		97	%		108	%		61	%		56	%		61	%				81	%		59	%
Return on Invested Capital				24	%		25	%		31	%		36	%		25	%		24	%		26	%				26	%		25	%
KEY INDICATORS (in billions of dollars):
Net Credit Margin (in millions of dollars)(2)			$	3,369		$	3,384		$	3,710		$	3,718		$	3,661		$	3,654		$	3,786		2	%	$	10,463		$	11,101		6	%
	% of Average Managed Loans			8.83	%		8.94	%		9.53	%		9.22	%		9.21	%		9.31	%		9.56	%				9.10	%		9.36	%
Managed Net Interest Revenue (in millions of dollars)(1)			$	4,793		$	4,556		$	4,537		$	4,467		$	4,364		$	4,245		$	4,475		(1	%)	$	13,886		$	13,084		(6	%)
	% of Average Managed Loans			12.56	%		12.03	%		11.66	%		11.07	%		10.98	%		10.81	%		11.29	%				12.08	%		11.03	%
End of Period Managed Loans			$	151.9		$	154.4		$	157.3		$	165.7		$	158.3		$	158.0		$	157.9		—
EOP Open Accounts (in millions)				144.5			149.9			149.8			150.0			149.7			148.6			145.9		(3	%)
Purchase Sales(3)			$	71.3		$	78.6		$	79.8		$	86.4		$	77.9		$	86.8		$	88.2		11	%	$	229.7		$	252.9		10	%
Managed Average Yield				14.27	%		13.87	%		13.69	%		13.53	%		13.88	%		14.07	%		14.65	%
Average Managed Loans:
	Securitized		$	75.9		$	75.6		$	76.2		$	83.7		$	86.5		$	87.7		$	89.8		18	%	$	75.9		$	88.0		16	%
	Held for Sale			—			2.1			7.4			2.9			0.2			0.6			—		(100	%)		3.2			0.3		(91	%)
	On Balance Sheet			63.1			59.2			55.5			56.8			56.6			51.0			49.3		(11	%)		59.2			52.3		(12	%)
	North America Managed			139.0			136.9			139.1			143.4			143.3			139.3			139.1		—			138.3			140.6		2	%
	International			14.5			15.4			15.7			17.1			17.9			18.2			18.1		15	%		15.2			18.0		18	%
		Total Managed	$	153.5		$	152.3		$	154.8		$	160.5		$	161.2		$	157.5		$	157.2		2	%	$	153.5		$	158.6		3	%
Managed Net Credit Losses (in millions of dollars):
	Securitized		$	1,325		$	1,244		$	1,122		$	1,174		$	1,162		$	1,307		$	1,267		13	%	$	3,691		$	3,736		1	%
	Held for Sale			—			46			128			40			4			9			—		(100	%)		174			13		(93	%)
	On Balance Sheet			1,089			958			731			801			779			669			690		(6	%)		2,778			2,138		(23	%)
	North America Managed			2,414			2,248			1,981			2,015			1,945			1,985			1,957		(1	%)		6,643			5,887		(11	%)
	International			140			125			161			135			136			128			127		(21	%)		426			391		(8	%)
		Total Managed	$	2,554		$	2,373		$	2,142		$	2,150		$	2,081		$	2,113		$	2,084		(3	%)	$	7,069		$	6,278		(11	%)
Coincident Managed Net Credit Loss Ratio				6.69	%		6.27	%		5.50	%		5.33	%		5.23	%		5.38	%		5.26	%
12 Month Lagged Managed Net Credit Loss Ratio				8.10	%		7.66	%		6.74	%		5.94	%		5.50	%		5.57	%		5.34	%
Loans 90+Days Past Due (in millions of dollars)			$	3,152		$	2,808		$	2,842		$	2,944		$	2,753		$	2,634		$	2,691		(5	%)
	% of EOP Managed Loans			2.08	%		1.82	%		1.81	%		1.78	%		1.74	%		1.67	%		1.70	%

(1)

The abbreviated income statement presented above is prepared on a managed basis (a non-GAAP measure), and includes the effect of securitizations in Adjusted Revenues, Net of Interest Expense and Adjusted Net Credit Losses. This income statement reconciles to Net Income which is a GAAP measure. Securitization changes Citigroup's role from that of a lender to that of a loan servicer and removes the receivables from Citigroup's balance sheet. For securitized receivables, amounts that would otherwise be reported as net interest revenue, fee and commission revenue, and credit losses are replaced by the contractual servicing and excess servicing fees earned. However, Citigroup's exposure to credit losses on the securitized receivables is contractually limited to the cash flows from the receivables. The managed basis disclosures treat the receivables as if they had not been securitized and are still on the Company's balance sheet, with related income statement amounts reported as net interest revenue, fee and commission revenue, and credit losses. Although a managed basis presentation is not in conformity with GAAP, the Company believes it provides a representation of performance and key indicators of the credit card business that is consistent with the way management reviews operating performance and allocates resources. Furthermore, investors utilize information about the credit quality of the entire managed portfolio as the results of both the held and securitized portfolios impact the overall performance of the Cards business.

(2)

Total Revenues, net of Interest Expense, less Adjusted Net Credit Losses. Previously reported as Risk Adjusted Revenue.

(3)

Purchase Sales represents cutomers' purchased sales plus cash advances.

Reclassified to conform to the current period's presentation.

8

GLOBAL CONSUMER
CARDS
NORTH AMERICA CARDS—Page 1
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

Revenues and income declined, as a 10% increase in purchase sales was offset by net interest margin compression and higher payment rates.

—

Mexico card revenues increased 55% and net income doubled, as target market expansion led to 64% growth in managed receivables.

—

Net credit margin decreased 1% as continued favorable credit conditions were offset by the impact of an increase in bankruptcy filings due to new legislation, which added approximately $200 million pre-tax to credit costs.

—

Income decline also reflects a $110 million pre-tax charge related to Hurricane Katrina and the absence of a $160 million pre-tax unallocated loan loss reserve release recorded in the third quarter of 2004. Results in Mexico include a $41 million tax benefit from provisions of the Homeland Investment Act and a $27 million after-tax benefit due to a Value Added Tax refund in Mexico.

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense(1)			$	3,859		$	3,686		$	3,815		$	3,756		$	3,740		$	3,581		$	3,746		(2	%)	$	11,360		$	11,067		(3	%)
Effect of Securitization Activities				1,325			1,290			1,250			1,214			1,166			1,316			1,267		1	%		3,865			3,749		(3	%)
	Adjusted Revenues, Net of Interest Expense(2)			5,184			4,976			5,065			4,970			4,906			4,897			5,013		(1	%)		15,225			14,816		(3	%)
Total Operating Expenses				1,533			1,518			1,616			1,649			1,590			1,607			1,545		(4	%)		4,667			4,742		2	%
	Net Credit Losses(a)			1,089			958			731			801			779			669			690		(6	%)		2,778			2,138		(23	%)
	Effect of Securitization Activities			1,325			1,290			1,250			1,214			1,166			1,316			1,267		1	%		3,865			3,749		(3	%)
		Adjusted Net Credit Losses(2)		2,414			2,248			1,981			2,015			1,945			1,985			1,957		(1	%)		6,643			5,887		(11	%)
	Specific and Unallocated Credit Reserve Build/(Release)(a)			—			(59	)		(161	)		(420	)		—			21			51		NM			(220	)		72		NM
Total Provision for Loan Losses (Sum of {a})				1,089			899			570			381			779			690			741		30	%		2,558			2,210		(14	%)
Income Before Taxes and Minority Interest				1,237			1,269			1,629			1,726			1,371			1,284			1,460		(10	%)		4,135			4,115		—
Income Taxes and Minority Interest				405			419			562			536			460			423			457		(19	%)		1,386			1,340		(3	%)
Net Income			$	832		$	850		$	1,067		$	1,190		$	911		$	861		$	1,003		(6	%)	$	2,749		$	2,775		1	%
Average Assets (in billions of dollars)			$	80		$	78		$	79		$	78		$	76		$	71		$	70		(11	%)	$	79		$	72		(9	%)
Return on Assets				4.18	%		4.38	%		5.37	%		6.07	%		4.86	%		4.86	%		5.68	%				4.65	%		5.15	%
Return on Managed Assets				2.17	%		2.25	%		2.77	%		3.00	%		2.34	%		2.24	%		2.58	%				2.18	%		2.30	%
KEY INDICATORS (in billions of dollars)
Net Credit Margin (NCM)(in millions of dollars)(3)			$	2,770		$	2,728		$	3,084		$	2,955		$	2,961		$	2,912		$	3,056		(1	%)	$	8,582		$	8,929		4	%
	NCM as a % of Average Managed Loans			8.02	%		8.01	%		8.82	%		8.20	%		8.38	%		8.38	%		8.72	%				8.29	%		8.49	%
EOP Open Accounts (in millions)				128.5			129.1			128.9			129.3			128.7			127.1			123.9		(4	%)
Purchase Sales(4)			$	60.2		$	66.1		$	66.7		$	71.6		$	63.9		$	72.2		$	73.7		10	%	$	193.0		$	209.8		9	%
Average Managed Loans			$	139.0		$	136.9		$	139.1		$	143.4		$	143.3		$	139.3		$	139.1		—		$	138.3		$	140.6		2	%
Managed Average Yield				14.24	%		13.83	%		13.60	%		13.39	%		13.77	%		14.01	%		14.63	%
Adjusted Revenues, Net of Interest Expense(2):
	U.S. and Canada		$	4,978		$	4,782		$	4,837		$	4,728		$	4,637		$	4,590		$	4,660		(4	%)	$	14,597		$	13,887		(5	%)
	Mexico			206			194			228			242			269			307			353		55	%		628			929		48	%
		Total	$	5,184		$	4,976		$	5,065		$	4,970		$	4,906		$	4,897		$	5,013		(1	%)	$	15,225		$	14,816		(3	%)
Net Income:
	U.S. and Canada		$	735		$	762		$	965		$	1,100		$	784		$	736		$	799		(17	%)	$	2,462		$	2,319		(6	%)
	Mexico			97			88			102			90			127			125			204		100	%		287			456		59	%
		Total	$	832		$	850		$	1,067		$	1,190		$	911		$	861		$	1,003		(6	%)	$	2,749		$	2,775		1	%

(1)

The 2005 first quarter, 2005 second quarter and 2005 third quarter include releases of $129 million, $102 million and $137 million, respectively, from the allowance for credit losses related to loan receivables that have been securitized during the quarter.

(2)

The abbreviated income statement presented above is prepared on a managed basis (a non-GAAP measure), and includes the effect of securitizations in Adjusted Revenues, Net of Interest Expense and Adjusted Net Credit Losses. This income statement reconciles to Net Income which is a GAAP measure. For a discussion of managed basis reporting see the Cards business on Page 8.

(3)

Total Revenues, net of Interest Expense, less Adjusted Net Credit Losses. Previously reported as Risk Adjusted Revenue.

(4)

Purchase Sales represents customers' purchased sales plus cash advances.

NM Not meaningful

Reclassified to conform to the current period's presentation.

9

GLOBAL CONSUMER
CARDS
NORTH AMERICA CARDS—Page 2
(In millions of dollars)

		1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004		Nine Months 2005		YTD 2005 vs. YTD 2004 Increase/ (Decrease)
SUPPLEMENTAL DISCLOSURE:
End of Period Managed Loans:
	Bankcards	$	112.1		$	112.9		$	115.2		$	121.7		$	115.8		$	114.5		$	114.1		(1	%)
	Private Label		25.2			25.8			26.0			26.1			24.7			25.3			25.7		(1	%)
	Total	$	137.3		$	138.7		$	141.2		$	147.8		$	140.5		$	139.8		$	139.8		(1	%)
Managed Net Interest Revenue (in millions of dollars):(1)
	Bankcards	$	3,108		$	2,953		$	2,904		$	2,934		$	2,844		$	2,782		$	2,908		0	%	$	8,965	$	8,534	(5	%)
	Private Label		1,230			1,140			1,163			1,035			1,030			970			1,061		(9	%)		3,533		3,061	(13	%)
	Total	$	4,338		$	4,093		$	4,067		$	3,969		$	3,874		$	3,752		$	3,969		(2	%)	$	12,498	$	11,595	(7	%)
	% of Average Managed Loans:
	Bankcards		11.01	%		10.65	%		10.19	%		9.93	%		9.77	%		9.76	%		10.15	%
	Private Label		19.46	%		18.07	%		17.98	%		15.88	%		16.51	%		15.54	%		16.55	%
	Total		12.56	%		12.03	%		11.63	%		11.01	%		10.96	%		10.80	%		11.32	%
Managed Net Credit Losses (in millions of dollars):
	Bankcards	$	1,864		$	1,705		$	1,523		$	1,543		$	1,514		$	1,593		$	1,572		3	%	$	5,092	$	4,679	(8	%)
	Private Label		550			543			458			472			431			392			385		(16	%)		1,551		1,208	(22	%)
	Total	$	2,414		$	2,248		$	1,981		$	2,015		$	1,945		$	1,985		$	1,957		(1	%)	$	6,643	$	5,887	(11	%)
Coincident Managed Net Credit Loss Ratio:
	Bankcards		6.60	%		6.15	%		5.34	%		5.22	%		5.20	%		5.59	%		5.49	%
	Private Label		8.70	%		8.61	%		7.08	%		7.24	%		6.91	%		6.28	%		6.01	%
	Total		6.99	%		6.61	%		5.66	%		5.59	%		5.50	%		5.71	%		5.58	%
12 Month Lagged Managed Net Credit Loss Ratio			8.43	%		8.02	%		6.93	%		6.15	%		5.68	%		5.82	%		5.58	%
Loans 90+Days Past Due (In millions of dollars):
	Bankcards	$	2,048		$	1,817		$	1,816		$	1,919		$	1,795		$	1,698		$	1,714		(6	%)
	Private Label		843			748			777			748			684			672			701		(10	%)
	Total	$	2,891		$	2,565		$	2,593		$	2,667		$	2,479		$	2,370		$	2,415		(7	%)
% of EOP Managed Loans:
	Bankcards		1.83	%		1.61	%		1.58	%		1.58	%		1.55	%		1.48	%		1.50	%
	Private Label		3.35	%		2.90	%		2.99	%		2.87	%		2.77	%		2.66	%		2.73	%
	Total		2.10	%		1.85	%		1.84	%		1.80	%		1.76	%		1.70	%		1.73	%

(1)

The abbreviated income statement on page 9 is prepared on a managed basis (a non-GAAP measure), and includes the effect of securitizations in Adjusted Revenues, Net of Interest Expense and Adjusted Net Credit Losses. This income statement reconciles to Net Income which is a GAAP measure. For a discussion of managed basis reporting see the Cards business on Page 8.

NM Not meaningful

Reclassified to conform to the current period's presentation.

10

GLOBAL CONSUMER
CARDS
INTERNATIONAL CARDS
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

Revenue growth reflects an 11% increase in purchase sales and 15% growth in average loans, with strong organic loan growth in Asia, EMEA and Latin America.

—

The NCL rate declined 130 basis points to 2.79%, as international credit trends continued to improve.

—

Income decline reflects the absence of a $42 million pre-tax unallocated loan loss reserve release recorded in the third quarter of 2004, and expense growth related to higher business volumes and investment spending.

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense
	EMEA		$	295		$	286		$	281		$	296		$	294		$	286		$	303		8	%	$	862		$	883		2	%
	Japan			68			73			74			80			73			76			76		3	%		215			225		5	%
	Asia (excluding Japan)			322			362			378			410			401			423			414		10	%		1,062			1,238		17	%
	Latin America			54			60			54			112			68			85			64		19	%		168			217		29	%
	Total Revenues, Net of Interest Expense			739			781			787			898			836			870			857		9	%		2,307			2,563		11	%
Total Operating Expenses				405			446			437			485			487			482			481		10	%		1,288			1,450		13	%
	Net Credit Losses			140			125			161			135			136			128			127		(21	%)		426			391		(8	%)
	Specific and Unallocated Credit Reserve Build / (Release)			(1	)		(9	)		(85	)		(9	)		(5	)		(3	)		3		NM			(95	)		(5	)	95	%
Total Provision for Loan Losses				139			116			76			126			131			125			130		71	%		331			386		17	%
Income Before Taxes and Minority Interest				195			219			274			287			218			263			246		(10	%)		688			727		6	%
Income Taxes and Minority Interest				47			57			74			36			43			57			67		(9	%)		178			167		(6	%)
Net Income			$	148		$	162		$	200		$	251		$	175		$	206		$	179		(11	%)	$	510		$	560		10	%
Average Assets (in billions of dollars)			$	15		$	16		$	17		$	18		$	20		$	20		$	20		18	%	$	16		$	20		25	%
Return on Assets				3.97	%		4.07	%		4.68	%		5.55	%		3.55	%		4.13	%		3.55	%				4.26	%		3.74	%
Net Income by Region:
	EMEA		$	38		$	36		$	36		$	55		$	32		$	34		$	34		(6	%)	$	110		$	100		(9	%)
	Japan			21			22			26			31			17			17			17		(35	%)		69			51		(26	%)
	Asia (excluding Japan)			71			82			110			113			101			117			107		(3	%)		263			325		24	%
	Latin America			18			22			28			52			25			38			21		(25	%)		68			84		24	%
	Total		$	148		$	162		$	200		$	251		$	175		$	206		$	179		(11	%)	$	510		$	560		10	%
KEY INDICATORS (in billions of dollars)
Net Credit Margin (in millions of dollars)(1)			$	599		$	656		$	626		$	763		$	700		$	742		$	730		17	%	$	1,881		$	2,172		15	%
	% of Average Loans			16.61	%		17.13	%		15.86	%		17.75	%		15.86	%		16.35	%		16.00	%				16.53	%		16.13	%
Net Interest Revenue (in millions of dollars)			$	455		$	463		$	470		$	498		$	490		$	493		$	506		8	%	$	1,388		$	1,489		7	%
	% of Average Loans			12.62	%		12.09	%		11.91	%		11.59	%		11.10	%		10.86	%		11.09	%				12.20	%		11.06	%
Managed Average Yield				14.50	%		14.14	%		14.45	%		14.69	%		14.71	%		14.48	%		14.84	%
End of Period Loans			$	14.6		$	15.7		$	16.1		$	17.9		$	17.8		$	18.2		$	18.1		12	%
EOP Open Accounts (in millions)				16.0			20.8			20.9			20.7			21.0			21.5			22.0		5	%
Purchase Sales(2)			$	11.1		$	12.5		$	13.1		$	14.8		$	14.0		$	14.6		$	14.5		11	%	$	36.7		$	43.1		17	%
Average Loans:
	EMEA		$	5.5		$	5.5		$	5.4		$	5.8		$	6.1		$	6.3		$	6.2		15	%	$	5.5		$	6.2		13	%
	Japan			1.2			1.2			1.2			1.4			1.3			1.3			1.3		8	%		1.2			1.3		8	%
	Asia (excluding Japan)			7.3			8.2			8.6			9.3			9.8			9.9			9.8		14	%		8.0			9.8		23	%
	Latin America			0.5			0.5			0.5			0.6			0.7			0.7			0.8		60	%		0.5			0.7		40	%
		Total	$	14.5		$	15.4		$	15.7		$	17.1		$	17.9		$	18.2		$	18.1		15	%	$	15.2		$	18.0		18	%
Coincident Net Credit Loss Ratio				3.85	%		3.25	%		4.09	%		3.16	%		3.08	%		2.84	%		2.79	%
12 Month Lagged Net Credit Loss Ratio				4.85	%		4.24	%		5.08	%		3.89	%		3.78	%		3.33	%		3.22	%
Loans 90+ Days Past Due (in millions of dollars)			$	261		$	243		$	249		$	277		$	274		$	264		$	276		11	%
	% of EOP Loans			1.80	%		1.55	%		1.55	%		1.55	%		1.54	%		1.45	%		1.52	%

(1)

Total Revenues, net of Interest Expense, less Adjusted Net Credit Losses. Previously reported as Risk Adjusted Revenue.

(2)

Purchase Sales represents cutomers" purchased sales plus cash advances.

NM Not meaningful

Reclassified to conform to the current period's presentation.

11

GLOBAL CONSUMER
CONSUMER FINANCE
(In millions of dollars)

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense			$	2,688		$	2,677		$	2,631		$	2,765		$	2,750		$	2,713		$	2,674		2	%	$	7,996		$	8,137		2	%
Total Operating Expenses				923			873			853			951			960			886			917		8	%		2,649			2,763		4	%
	Net Credit Losses			870			857			832			872			797			784			789		(5	%)		2,559			2,370		(7	%)
	Specific and Unallocated Credit Reserve Build / (Release)			1			(5	)		(70	)		—			(17	)		1			171		NM			(74	)		155		NM
	Provision for Benefits & Claims			45			42			24			38			37			39			26		8	%		111			102		(8	%)
Total Provisions for Benefits, Claims and Loan Losses				916			894			786			910			817			824			986		25	%		2,596			2,627		1	%
Income Before Taxes				849			910			992			904			973			1,003			771		(22	%)		2,751			2,747		—
Income Taxes				282			316			349			320			344			357			276		(21	%)		947			977		3	%
Net Income			$	567		$	594		$	643		$	584		$	629		$	646		$	495		(23	%)	$	1,804		$	1,770		(2	%)
Average Assets (in billions of dollars)			$	111		$	110		$	113		$	117		$	119		$	117		$	118		4	%	$	111		$	118		6	%
Return on Assets				2.05	%		2.17	%		2.26	%		1.99	%		2.14	%		2.21	%		1.66	%				2.17	%		2.01	%
Average Risk Capital			$	3,710		$	3,798		$	3,675		$	3,704		$	3,876		$	3,855		$	3,734		2	%	$	3,728		$	3,822		3	%
Return on Risk Capital				61	%		63	%		70	%		63	%		66	%		67	%		53	%				65	%		62	%
Return on Invested Capital				22	%		21	%		23	%		21	%		23	%		24	%		18	%				22	%		22	%
KEY INDICATORS:
Average Loans (in billions of dollars):
	Real estate secured loans		$	56.4		$	56.7		$	58.6		$	61.2		$	62.0		$	60.9		$	60.0		2	%	$	57.2		$	61.0		7	%
	Personal loans			24.5			24.4			24.6			25.7			25.7			25.6			25.9		5	%		24.5			25.7		5	%
	Auto			11.4			11.5			11.6			11.8			11.8			12.0			12.4		7	%		11.5			12.1		5	%
	Sales finance and other			5.8			5.2			5.1			5.4			5.4			5.2			5.3		4	%		5.4			5.3		(2	%)
		Total	$	98.1		$	97.8		$	99.9		$	104.1		$	104.9		$	103.7		$	103.6		4	%	$	98.6		$	104.1		6	%
Average Yield				13.14	%		13.09	%		12.83	%		12.70	%		12.76	%		12.80	%		12.73	%
Average Net Interest Margin				10.16	%		10.19	%		9.68	%		9.81	%		9.84	%		9.71	%		9.48	%
Net Credit Margin (NCM)(1)			$	1,818		$	1,820		$	1,799		$	1,893		$	1,953		$	1,929		$	1,885		5	%	$	5,437		$	5,767		6	%
	NCM as a % of Average Loans			7.45	%		7.48	%		7.16	%		7.23	%		7.55	%		7.46	%		7.22	%				7.37	%		7.41	%
Net Credit Loss Ratio				3.57	%		3.52	%		3.31	%		3.33	%		3.08	%		3.03	%		3.02	%
Loans 90+ Days Past Due (in millions of dollars)			$	2,127		$	1,948		$	1,938		$	2,014		$	1,875		$	1,726		$	1,858		(4	%)
	% of EOP Loans			2.15	%		1.96	%		1.91	%		1.90	%		1.80	%		1.70	%		1.77	%
Number of Sales Points:
	North America Branches			2,759			2,608			2,624			2,642			2,669			2,685			2,705		3	%
	International Branches			940			997			1,039			969			1,011			1,060			1,105		6	%
	Japan Automated Loan Machines			382			380			419			512			523			588			654		56	%
		Total		4,081			3,985			4,082			4,123			4,203			4,333			4,464		9	%

(1)

Total Revenues, net of Interest Expense, less Net Credit Losses.

NM Not meaningful

Reclassified to conform to the current period's presentation.

12

GLOBAL CONSUMER
CONSUMER FINANCE
NORTH AMERICA CONSUMER FINANCE
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

Revenues increased 1% from the prior year period, as a 4% increase in average loans was offset by a 17 basis point decline in net interest margin. Spread compression was primarily driven by lower yields on the portfolio.

—

The net credit loss rate improved 23 basis points to 2.23%

—

In Mexico, new branch openings totaled 22 during the quarter, and 81 over the last 12 months.

—

Income decline primarily reflects $180 million pre-tax of credit costs related to Hurricane Katrina and the absence of a $45 million pre-tax unallocated loan loss reserve release recorded in the third quarter of 2004.

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense			$	1,835		$	1,806		$	1,753		$	1,850		$	1,845		$	1,795		$	1,771		1	%	$	5,394		$	5,411		—
Total Operating Expenses				587			536			512			567			547			532			548		7	%		1,635			1,627		—
	Net Credit Losses			529			515			487			534			486			467			461		(5	%)		1,531			1,414		(8	%)
	Specific and Unallocated Credit Reserve Build/(Release)			1			(5	)		(45	)		—			(17	)		—			180		NM			(49	)		163		NM
	Provision for Benefits & Claims			44			41			24			38			38			40			26		8	%		109			104		(5	%)
Total Provisions for Benefits, Claims and Loan Losses				574			551			466			572			507			507			667		43	%		1,591			1,681		6	%
Income Before Taxes				674			719			775			711			791			756			556		(28	%)		2,168			2,103		(3	%)
Income Taxes				230			262			281			266			291			279			204		(27	%)		773			774		—
Net Income			$	444		$	457		$	494		$	445		$	500		$	477		$	352		(29	%)	$	1,395		$	1,329		(5	%)
Average Assets (in billions of dollars)			$	85		$	85		$	88		$	91		$	93		$	92		$	93		6	%	$	86		$	93		8	%
Return on Assets				2.10	%		2.16	%		2.23	%		1.95	%		2.18	%		2.08	%		1.50	%				2.17	%		1.91	%
KEY INDICATORS:
Average Loans (in billions of dollars):
	Real estate secured loans		$	49.6		$	49.9		$	51.4		$	53.1		$	53.7		$	52.7		$	52.0		1	%	$	50.3		$	52.9		5	%
	Personal loans			12.2			12.3			12.6			12.9			12.9			12.9			13.3		6	%		12.4			13.0		5	%
	Auto			10.0			10.3			10.6			10.9			11.0			11.4			11.9		12	%		10.3			11.4		11	%
	Sales finance and other			4.5			4.4			4.3			4.5			4.6			4.5			4.7		9	%		4.4			4.6		5	%
		Total	$	76.3		$	76.9		$	78.9		$	81.4		$	82.2		$	81.5		$	81.9		4	%	$	77.4		$	81.9		6	%
Average Yield				11.93	%		11.78	%		11.50	%		11.33	%		11.42	%		11.32	%		11.31	%
Average Net Interest Margin				8.69	%		8.52	%		7.99	%		8.19	%		8.23	%		8.00	%		7.82	%
Net Credit Margin (NCM) (1)			$	1,306		$	1,291		$	1,266		$	1,316		$	1,359		$	1,328		$	1,310		3	%	$	3,863		$	3,997		3	%
	NCM as a % of Average Loans			6.88	%		6.75	%		6.38	%		6.43	%		6.70	%		6.54	%		6.35	%				6.67	%		6.52	%
Net Credit Loss Ratio				2.79	%		2.69	%		2.46	%		2.61	%		2.40	%		2.30	%		2.23	%
Loans 90+ Days Past Due (in millions of dollars)			$	1,589		$	1,444		$	1,479		$	1,525		$	1,399		$	1,254		$	1,395		(6	%)
	% of EOP Loans			2.06	%		1.84	%		1.84	%		1.84	%		1.71	%		1.57	%		1.68	%
Number of Branches:
	North America (excluding Mexico)			2,597			2,446			2,450			2,452			2,452			2,452			2,450	��	—
	Mexico			162			162			174			190			217			233			255		47	%
		Total		2,759			2,608			2,624			2,642			2,669			2,685			2,705		3	%

(1)

Total Revenues, net of Interest Expense, less Net Credit Losses.

NM Not meaningful

Reclassified to conform to the current period's presentation.

13

GLOBAL CONSUMER
CONSUMER FINANCE
INTERNATIONAL CONSUMER FINANCE
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

In Japan, income growth was primarily driven by lower expenses and continued credit improvement. During the quarter, 66 new automated loan machines were added.

—

Outside of Japan, 21% revenue growth was partially offset by increased investment spending, which led to the opening of 58 new branches during the quarter, including 43 in Asia. Over the last 12 months, 211 new branches were opened, including 120 in Asia.

—

Average loans increased 3%, reflecting a decline in Japan of 7% and growth outside of Japan of 15%.

—

The NCL ratio improved by 51 basis points to 6.01%. Credit costs include a $14 million pre-tax charge to standardize loan write-off policies in EMEA with the global write-off policy.

—

Income decline also reflects the absence of a $24 million pre-tax unallocated loan loss reserve release recorded in the third quarter of 2004.

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense			$	853		$	871		$	878		$	915		$	905		$	918		$	903		3	%	$	2,602		$	2,726		5	%
Total Operating Expenses				336			337			341			384			413			354			369		8	%		1,014			1,136		12	%
	Net Credit Losses			341			342			345			338			311			317			328		(5	%)		1,028			956		(7	%)
	Specific and Unallocated Credit Reserve Build/(Release)			—			—			(25	)		—			—			1			(9	)	64	%		(25	)		(8	)	68	%
	Provision for Benefits & Claims			1			1			—			—			(1	)		(1	)		—		—			2			(2	)	NM
Total Provisions for Benefits, Claims and Loan Losses				342			343			320			338			310			317			319		—			1,005			946		(6	%)
Income Before Taxes				175			191			217			193			182			247			215		(1	%)		583			644		10	%
Income Taxes				52			54			68			54			53			78			72		6	%		174			203		17	%
Net Income			$	123		$	137		$	149		$	139		$	129		$	169		$	143		(4	%)	$	409		$	441		8	%
Average Assets (in billions of dollars)			$	26		$	25		$	25		$	26		$	26		$	25		$	25		—		$	25		$	25		—
Return on Assets				1.90	%		2.20	%		2.37	%		2.13	%		2.01	%		2.71	%		2.27	%				2.19	%		2.36	%
KEY INDICATORS:
Average Loans (in billions of dollars):
	Real estate secured loans		$	6.8		$	6.8		$	7.2		$	8.1		$	8.3		$	8.2		$	8.0		11	%	$	6.9		$	8.1		17	%
	Personal loans			12.3			12.1			12.0			12.8			12.8			12.7			12.6		5	%		12.1			12.7		5	%
	Auto			1.4			1.2			1.0			0.9			0.8			0.6			0.5		(50	%)		1.2			0.7		(42	%)
	Sales finance and other			1.3			0.8			0.8			0.9			0.8			0.7			0.6		(25	%)		1.0			0.7		(30	%)
		Total	$	21.8		$	20.9		$	21.0		$	22.7		$	22.7		$	22.2		$	21.7		3	%	$	21.2		$	22.2		5	%
Average Yield				17.42	%		17.88	%		17.82	%		17.64	%		17.63	%		18.23	%		18.12	%
Average Net Interest Margin				15.35	%		16.33	%		16.02	%		15.66	%		15.70	%		16.01	%		15.74	%
Net Credit Margin (NCM)(1)			$	512		$	529		$	533		$	577		$	594		$	601		$	575		8	%	$	1,574		$	1,770		12	%
	NCM as a % of Average Loans			9.45	%		10.18	%		10.10	%		10.11	%		10.61	%		10.86	%		10.51	%				9.92	%		10.66	%
Net Credit Loss Ratio				6.31	%		6.57	%		6.52	%		5.92	%		5.59	%		5.73	%		6.01	%
Loans 90+ Days Past Due (in millions of dollars)			$	538		$	504		$	459		$	489		$	476		$	472		$	463		1	%
	% of EOP Loans			2.47	%		2.38	%		2.17	%		2.13	%		2.13	%		2.17	%		2.14	%
Number of Sales Points:
	Japan Branches			530			530			529			405			405			405			392		(26	%)
	Japan Automated Loan Machines			382			380			419			512			523			588			654		56	%
		Total Japan		912			910			948			917			928			993			1,046		10	%
	EMEA Branches			199			228			234			252			264			277			282		21	%
	Asia (excluding Japan) Branches			119			146			173			196			224			250			293		69	%
	Latin America Branches			92			93			103			116			118			128			138		34	%
		Total		1,322			1,377			1,458			1,481			1,534			1,648			1,759		21	%
Japan:
	Average Loans (in billions of dollars)		$	11.9		$	11.4		$	10.8		$	11.2		$	10.9		$	10.5		$	10.0		(7	%)
	Net Credit Loss Ratio			10.08	%		10.45	%		10.99	%		10.36	%		9.25	%		9.68	%		9.77	%
	Net Income (in millions of dollars)		$	81		$	88		$	95		$	98		$	122		$	137		$	122		28	%	$	264		$	381		44	%

(1)

Total Revenues, net of Interest Expense, less Net Credit Losses.

NM Not meaningful

Reclassified to conform to the current period's presentation.

14

GLOBAL CONSUMER
RETAIL BANKING
(In millions of dollars)

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense			$	4,381		$	4,514		$	4,661		$	4,733		$	5,011		$	4,873		$	5,070		9	%	$	13,556		$	14,954		10	%
Total Operating Expenses				2,326			2,503			2,558			2,724			2,731			2,713			2,635		3	%		7,387			8,079		9	%
	Net Credit Losses			205			207			219			276			218			221			1,320		NM			631			1,759		NM
	Specific and Unallocated Credit Reserve Build / (Release)			(19	)		(138	)		(188	)		(104	)		(23	)		14			(596	)	NM			(345	)		(605	)	(75	%)
	Provision for Benefits & Claims			182			182			182			191			180			173			189		4	%		546			542		(1	%)
Total Provisions for Benefits, Claims and Loan Losses				368			251			213			363			375			408			913		NM			832			1,696		NM
Income Before Taxes and Minority Interest				1,687			1,760			1,890			1,646			1,905			1,752			1,522		(19	%)		5,337			5,179		(3	%)
Income Taxes				504			554			605			459			584			497			394		(35	%)		1,663			1,475		(11	%)
Minority Interest, Net of Tax				15			14			14			14			12			14			17		21	%		43			43		—
Net Income			$	1,168		$	1,192		$	1,271		$	1,173		$	1,309		$	1,241		$	1,111		(13	%)	$	3,631		$	3,661		1	%
Average Assets (in billions of dollars)			$	243		$	264		$	279		$	290		$	298		$	310		$	318		14	%	$	262		$	309		18	%
Return on Assets				1.93	%		1.82	%		1.81	%		1.61	%		1.78	%		1.61	%		1.39	%				1.85	%		1.58	%
Average Risk Capital			$	13,144		$	13,345		$	13,931		$	14,500		$	15,241		$	15,876		$	15,905		14	%	$	13,473		$	15,674		16	%
Return on Risk Capital				36	%		36	%		36	%		32	%		35	%		31	%		28	%				36	%		31	%
Return on Invested Capital				17	%		17	%		18	%		16	%		18	%		16	%		14	%				17	%		16	%
KEY INDICATORS:
Average Customer Deposits (in billions of dollars):
		North America	$	112.2		$	115.7		$	116.9		$	118.0		$	120.6		$	125.8		$	127.9		9	%	$	115.0		$	124.7		8	%
		Bank Deposit Program Balances(1)		41.8			41.7			41.4			41.4			42.3			41.4			41.3		—			41.6			41.7		—
	Total North America			154.0			157.4			158.3			159.4			162.9			167.2			169.2		7	%		156.6			166.4		6	%
	International			96.3			102.1			104.9			109.6			112.6			110.9			112.6		7	%		101.1			112.1		11	%
		Total	$	250.3		$	259.5		$	263.2		$	269.0		$	275.5		$	278.1		$	281.8		7	%	$	257.7		$	278.5		8	%
Average Loans (in billions of dollars):
	North America		$	121.9		$	127.8		$	134.1		$	143.3		$	150.1		$	160.2		$	167.1		25	%	$	127.9		$	159.1		24	%
	North America—Liquidating			6.3			5.9			5.4			5.3			2.4			0.8			0.6		(89	%)		5.9			1.3		(78	%)
	International			38.2			45.8			50.5			53.9			54.6			54.3			54.5		8	%		44.8			54.5		22	%
		Total	$	166.4		$	179.5		$	190.0		$	202.5		$	207.1		$	215.3		$	222.2		17	%	$	178.6		$	214.9		20	%
Net Interest Revenue			$	2,602		$	2,666		$	2,792		$	2,905		$	2,867		$	2,951		$	2,843		1	%	$	8,117		$	8,697		7	%
Net Credit Loss Ratio—Consumer				0.49	%		0.51	%		0.47	%		0.46	%		0.46	%		0.39	%		2.86	%
Net Credit Loss Ratio—Commercial Business				0.51	%		0.31	%		0.43	%		0.89	%		0.28	%		0.52	%		0.07	%
Loans 90+Days Past Due—Consumer (in millions of dollars)			$	3,698		$	3,576		$	3,907		$	4,094		$	3,992		$	3,818		$	2,650		(32	%)
	% of EOP Loans			2.86	%		2.46	%		2.53	%		2.47	%		2.30	%		2.13	%		1.43	%
Cash Basis Loans—Commercial Business (in millions of dollars)			$	1,213		$	1,173		$	1,000		$	735		$	593		$	495		$	566		(43	%)
	% of EOP Loans			3.11	%		2.96	%		2.55	%		1.78	%		1.56	%		1.29	%		1.40	%
EOP Accounts (in millions):
	North America			30.8			31.2			32.6			32.6			32.4			34.2			40.8		25	%
	International			18.1			23.9			24.2			24.1			24.5			25.0			25.5		5	%
		Total		48.9			55.1			56.8			56.7			56.9			59.2			66.3		17	%
Branches:
	Citibanking North America			779			775			776			775			883			885			884		14	%
	Mexico			1,357			1,347			1,347			1,349			1,346			1,334			1,335		(1	%)
	International			868			1,110			1,118			1,129			1,144			1,196			1,201		7	%
		Total		3,004			3,232			3,241			3,253			3,373			3,415			3,420		6	%
Investment AUM's (in billions):
	North America		$	91.7		$	90.8		$	92.4		$	97.4		$	97.1		$	100.3		$	104.7		13	%
	International			55.4			59.8			63.1			67.4			68.5			69.9			80.5		28	%
		Total	$	147.1		$	150.6		$	155.5		$	164.8		$	165.6		$	170.2		$	185.2		19	%

(1)

The Bank Deposit Program balances are generated from the Smith Barney channel (Global Wealth Management segment) and the funds are managed by Citibanking North America.

Reclassified to conform to the current period's presentation.

15

GLOBAL CONSUMER
RETAIL BANKING
NORTH AMERICA RETAIL BANKING—Page 1
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

Results reflect growth in average customer deposits and loans of 7% and 20%, respectively, which was partially offset by continuing spread compression and the absence of previously sold portfolios in the commercial business. Loan growth reflected an increase in prime home finance average loans of 31%, as well as strong growth in retail distribution, commercial business core loans, and Mexico.

—

Mexico retail banking revenue and income increased significantly as deposits grew 11% and loans increased 26%.

—

Credit conditions remained favorable.

—

Commercial Business results include a $185 million pre-tax benefit due to settlement of litigation related to the purchase of Copelco in 2000.

—

Income growth includes the impact of a $60 million pre-tax charge related to Hurricane Katrina and the absence of a $164 million pre-tax unallocated loan loss reserve release recorded in the third quarter of 2004. Results in Mexico include a $66 million tax benefit from provisions of the Homeland Investment Act and a $79 million after-tax benefit due to a Value Added Tax refund in Mexico.

				1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense:
		Retail Distribution		$	751		$	777		$	786		$	751		$	853		$	767		$	755		(4	%)	$	2,314		$	2,375		3	%
		Commercial Business			474			619			620			582			678			491			649		5	%		1,713			1,818		6	%
		Prime Home Finance			442			312			414			339			492			503			470		14	%		1,168			1,465		25	%
		Student Loans			149			149			151			163			132			176			173		15	%		449			481		7	%
		Primerica Financial Services			531			529			532			549			551			540			550		3	%		1,592			1,641		3	%
Total North America, excluding Mexico					2,347			2,386			2,503			2,384			2,706			2,477			2,597		4	%		7,236			7,780		8	%
Mexico					606			608			635			722			647			705			738		16	%		1,849			2,090		13	%
	Total Revenues, Net of Interest Expense				2,953			2,994			3,138			3,106			3,353			3,182			3,335		6	%		9,085			9,870		9	%
Total Operating Expenses					1,568			1,724			1,762			1,825			1,729			1,773			1,692		(4	%)		5,054			5,194		3	%
		Net Credit Losses			72			71			64			113			54			91			54		(16	%)		207			199		(4	%)
		Specific and Unallocated Credit Reserve Build / (Release)			(18	)		(148	)		(180	)		(109	)		(8	)		(109	)		58		NM			(346	)		(59	)	83	%
		Provision for Benefits & Claims			180			180			181			190			178			173			189		4	%		541			540		—
Total Provisions for Benefits, Claims and Loan Losses					234			103			65			194			224			155			301		NM			402			680		69	%
Income Before Taxes and Minority Interest					1,151			1,167			1,311			1,087			1,400			1,254			1,342		2	%		3,629			3,996		10	%
Income Taxes					342			368			424			316			435			353			343		(19	%)		1,134			1,131		—
Minority Interest, Net of Tax					15			14			14			15			13			16			17		21	%		43			46		7	%
Net Income				$	794		$	785		$	873		$	756		$	952		$	885		$	982		12	%	$	2,452		$	2,819		15	%
Net Income by Business:
		Retail Distribution		$	133		$	125		$	130		$	127		$	184		$	114		$	110		(15	%)	$	388		$	408		5	%
		Commercial Business			161			190			259			155			252			134			222		(14	%)		610			608		—
		Prime Home Finance			183			147			157			108			189			204			154		(2	%)		487			547		12	%
		Student Loans			58			56			55			58			52			62			62		13	%		169			176		4	%
		Primerica Financial Services			137			131			136			140			134			136			136		—			404			406		—
Total North America, excluding Mexico					672			649			737			588			811			650			684		(7	%)		2,058			2,145		4	%
Mexico					122			136			136			168			141			235			298		NM			394			674		71	%
			Total Net Income	$	794		$	785		$	873		$	756		$	952		$	885		$	982		12	%	$	2,452		$	2,819		15	%
KEY INDICATORS:
Net Interest Revenue				$	1,721		$	1,713		$	1,797		$	1,827		$	1,793		$	1,864		$	1,756		(3	%)	$	5,299		$	5,455		3	%
Net Credit Loss Ratio—Consumer					0.11	%		0.18	%		0.09	%		0.13	%		0.15	%		0.14	%		0.15	%
Net Credit Loss Ratio—Commercial Business					0.51	%		0.30	%		0.44	%		0.86	%		0.13	%		0.52	%		0.06	%
Loans 90+Days Past Due—Consumer (in millions of dollars)				$	2,163		$	2,054		$	2,473		$	2,515		$	2,469		$	2,377		$	2,333		(6	%)
	% of EOP Loans				2.30	%		2.03	%		2.29	%		2.18	%		2.00	%		1.83	%		1.71	%
Cash Basis Loans—Commercial Business (in millions of dollars)				$	1,135		$	1,094		$	957		$	701		$	560		$	464		$	533		(44	%)
	% of EOP Loans				3.15	%		3.23	%		2.74	%		1.93	%		1.67	%		1.37	%		1.47	%

Reclassified to conform to the current period's presentation.

16

GLOBAL CONSUMER
RETAIL BANKING
NORTH AMERICA RETAIL BANKING—Page 2
(In millions of dollars)

			1Q 2004		2Q 2004			3Q 2004		4Q 2004			1Q 2005		2Q 2005		3Q 2005		3Q 2005 vs. 3Q 2004 Increase/ (Decrease)
KEY INDICATORS (continued):
Retail Distribution—Average Balances (in billions of dollars)
	Checking, Savings & Money Market Deposits		$	60.8	$	63.0		$	64.0	$	63.9		$	65.6	$	66.4	$	65.1	2	%
	Time Deposits, CDs and Other			11.9		11.2			10.7		10.6			10.9		12.6		13.2	23	%
		Total Branch Deposits		72.7		74.2			74.7		74.5			76.5		79.0		78.3	5	%
	Smith Barney Bank Deposit Program (1)			41.8		41.7			41.4		41.4			42.3		41.4		41.3	—
		Total Deposits	$	114.5	$	115.9		$	116.1	$	115.9		$	118.8	$	120.4	$	119.6	3	%
	Investment AUMs (EOP)		$	40.0	$	40.1		$	40.5	$	42.6		$	41.9	$	42.6	$	43.6	8	%
	Average Loans		$	7.1	$	7.4		$	7.6	$	8.0		$	8.3	$	8.5	$	8.8	16	%
Commercial Business—Average Balances (in billions of dollars)
	Checking, Savings & Money Market Deposits		$	13.1	$	13.3		$	13.1	$	13.5		$	13.4	$	15.3	$	17.0	30	%
	Time Deposits, CDs and Other			1.0		1.1			1.2		1.5			1.7		1.6		1.6	33	%
		Total Deposits	$	14.1	$	14.4		$	14.3	$	15.0		$	15.1	$	16.9	$	18.6	30	%
	Average Loans		$	26.9	$	26.6		$	26.3	$	26.8		$	27.3	$	30.5	$	30.9	17	%
	Average Loans—Liquidating			6.3		5.9			5.4		5.3			2.4		0.8		0.6	(89	%)
	Average Loans—Total (2)		$	33.2	$	32.5		$	31.7	$	32.1		$	29.7	$	31.3	$	31.5	(1	%)
Prime Home Finance—Balances (in billions of dollars)
	Average Loans		$	60.2	$	66.5		$	72.2	$	78.1		$	82.4	$	87.9	$	94.4	31	%
	Originations		$	22.0	$	29.2		$	22.9	$	25.0		$	24.0	$	30.8	$	33.5	46	%
	Third Party Mortgage Servicing Portfolio (EOP)		$	174.5	$	170.1		$	297.5	$	291.3		$	288.8	$	287.2	$	293.5	(1	%)
	Net Servicing & Gain/(Loss) on Sale		$	107.1	$	(84.0	)	$	25.8	$	(48.5	)	$	82.3	$	82.3	$	51.9	NM
Student Loans—Balances (in billions of dollars):
	Average Loans (3)		$	24.5	$	24.5		$	25.2	$	25.9		$	26.8	$	27.3	$	26.8	6	%
	Originations		$	2.2	$	1.0		$	2.6	$	2.0		$	2.5	$	1.6	$	3.8	46	%
Primerica Financial Services:
	Life Insurance in Force (in billions of dollars)		$	510.7	$	522.0		$	534.2	$	545.4		$	553.1	$	562.7	$	572.4	7	%
	Loan Volumes (in millions of dollars) (4)		$	749.3	$	1,104.0		$	961.0	$	987.0		$	972.8	$	963.6	$	1,099.9	14	%
	Mutual Fund / UIT Sales at NAV (in millions of dollars)		$	927	$	861		$	768	$	769		$	903	$	865	$	798	4	%
	Variable Annuity Net Written Premiums & Deposits (in millions of dollars)		$	296	$	263		$	258	$	278		$	328	$	271	$	283	10	%
	Investment AUMs (EOP)		$	25.5	$	25.7		$	25.7	$	27.9		$	27.5	$	28.0	$	29.3	14	%
Mexico—Average Balances (in billions of dollars)
	Checking, Savings & Money Market Deposits		$	12.3	$	11.8		$	12.0	$	12.4		$	12.9	$	12.9	$	13.7	14	%
	Time Deposits, CDs and Other			9.0		9.6			9.2		9.5			10.0		10.3		9.9	8	%
	Total Deposits		$	21.3	$	21.4		$	21.2	$	21.9		$	22.9	$	23.2	$	23.6	11	%
	Investment AUMs (EOP)		$	26.2	$	25.0		$	26.2	$	26.9		$	27.7	$	29.7	$	31.8	21	%
	Average Loans		$	6.3	$	6.2		$	6.2	$	6.9		$	7.3	$	7.6	$	7.8	26	%
North America Retail Banking (including Mexico, in billions of dollars)
	Total Average Deposits		$	154.0	$	157.4		$	158.3	$	159.4		$	162.9	$	167.2	$	169.2	7	%
	Total Average Loans		$	128.2	$	133.7		$	139.5	$	148.6		$	152.5	$	161.0	$	167.7	20	%
	Total Investment Product Sales (5)		$	5.5	$	4.7		$	4.7	$	5.1		$	6.2	$	5.8	$	6.7	43	%
	Total Investment AUMs (EOP)		$	91.7	$	90.8		$	92.4	$	97.4		$	97.1	$	100.3	$	104.7	13	%
	Total EOP Accounts (in millions)			30.8		31.2			32.6		32.6			32.4		34.2		40.8	25	%
		Checking Accounts (in millions)		11.7		11.8			11.8		11.8			11.4		11.7		12.1	3	%

(1)

The Bank Deposit Program balances are generated from the Smith Barney channel (Global Wealth Management segment) and the funds are managed by Citibanking North America.

(2)

In the 2004 second quarter, approximately $2.0 billion of operating leases were reclassified from loans to other assets.

(3)

Includes approximately $2 billion of Loans Held for Sale each quarter.

(4)

Represents loan products marketed by Primerica Financial Services; the receivables are primarily reflected in the assets of Consumer Finance.

(5)

Investment product sales include mutual funds, annuities, structured notes, brokerage activity and other investment products.

Reclassified to conform to the current period's presentation.

17

GLOBAL CONSUMER
RETAIL BANKING
INTERNATIONAL RETAIL BANKING—Page 1
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

Revenue growth was driven by increased deposits and loans, up 7% and 8%, respectively, due to improved deposit product spreads and higher sales of investment products.

—

Expenses include continued investment spending, with 11 new branch openings during the quarter. New branch openings or acquisitions totaled 97 over the last 12 months.

—

Credit costs include a $476 million pre-tax charge to standardize loan write-off policies in EMEA with the global write-off policy.

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004		Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense:
	EMEA		$	685		$	722		$	687		$	765		$	766		$	786		$	784		14	%	$	2,094	$	2,336		12	%
	Japan			125			119			113			114			121			116			119		5	%		357		356		—
	Asia (excluding Japan)			467			540			574			583			610			623			648		13	%		1,581		1,881		19	%
	Latin America			151			139			149			165			161			166			184		23	%		439		511		16	%
	Total Revenues, Net of Interest Expense			1,428			1,520			1,523			1,627			1,658			1,691			1,735		14	%		4,471		5,084		14	%
Total Operating Expenses				758			779			796			899			1,002			940			943		18	%		2,333		2,885		24	%
	Net Credit Losses			133			136			155			163			164			130			1,266		NM			424		1,560		NM
	Specific and Unallocated Credit Reserve Build / (Release)			(1	)		10			(8	)		5			(15	)		123			(654	)	NM			1		(546	)	NM
	Provision for Benefits & Claims			2			2			1			1			2			—			—		(100	%)		5		2		(60	%)
Total Provisions for Benefits, Claims and Loan Losses				134			148			148			169			151			253			612		NM			430		1,016		NM
Income Before Taxes and Minority Interest				536			593			579			559			505			498			180		(69	%)		1,708		1,183		(31	%)
Income Taxes and Minority Interest				162			186			181			142			148			142			51		(72	%)		529		341		(36	%)
Net Income			$	374		$	407		$	398		$	417		$	357		$	356		$	129		(68	%)	$	1,179	$	842		(29	%)
Net Income (loss) by Region:
	EMEA		$	132		$	151		$	90		$	138		$	94		$	72		$	(191	)	NM		$	373	$	(25	)	NM
	Japan			40			37			43			35			36			34			30		(30	%)		120		100		(17	%)
	Asia (excluding Japan)			171			191			214			207			201			211			252		18	%		576		664		15	%
	Latin America			31			28			51			37			26			39			38		(25	%)		110		103		(6	%)
		Total	$	374		$	407		$	398		$	417		$	357		$	356		$	129		(68	%)	$	1,179	$	842		(29	%)
KEY INDICATORS:
Net Interest Revenue			$	881		$	953		$	995		$	1,078		$	1,074		$	1,087		$	1,087		10	%	$	2,818	$	3,242		15	%
Net Credit Loss Ratio—Consumer				1.48	%		1.28	%		1.33	%		1.21	%		1.20	%		1.01	%		9.99	%
Net Credit Loss Ratio—Commercial Business				0.45	%		0.42	%		0.33	%		1.05	%		1.38	%		0.47	%		0.15	%
Loans 90+Days Past Due—Consumer (in millions of dollars)			$	1,535		$	1,522		$	1,434		$	1,579		$	1,523		$	1,441		$	317		(78	%)
	% of EOP Loans			4.35	%		3.46	%		3.08	%		3.15	%		3.05	%		2.92	%		0.65	%
Cash Basis Loans—Commercial Business (in millions of dollars)			$	78		$	79		$	43		$	34		$	33		$	31		$	33		(23	%)
	% of EOP Loans			2.60	%		1.38	%		0.99	%		0.71	%		0.73	%		0.69	%		0.77	%

NM Not meaningful

Reclassified to conform to the current period's presentation.

18

GLOBAL CONSUMER
RETAIL BANKING
INTERNATIONAL RETAIL BANKING—Page 2

			1Q 2004		2Q 2004		3Q 2004		4Q 2004		1Q 2005		2Q 2005		3Q 2005		3Q 2005 vs. 3Q 2004 Increase/ (Decrease)
KEY INDICATORS (Continued):
International—Balances(in billions of dollars)
	Checking, Savings & Money Market Deposits		$	51.4	$	54.7	$	55.4	$	58.2	$	59.6	$	58.1	$	56.9	3	%
	Time Deposits, CDs and Other			44.9		47.4		49.5		51.4		53.0		52.8		55.7	13	%
		Total Average Deposits	$	96.3	$	102.1	$	104.9	$	109.6	$	112.6	$	110.9	$	112.6	7	%
	Investment Sales		$	10.2	$	9.7	$	8.8	$	9.8	$	11.3	$	10.4	$	11.7	33	%
	Investment AUMs (EOP)		$	55.4	$	59.8	$	63.1	$	67.4	$	68.5	$	69.9	$	80.5	28	%
Average Customer Deposits by Region(in billions of dollars):
	EMEA		$	23.9	$	24.1	$	23.9	$	25.5	$	26.0	$	25.3	$	26.7	12	%
	Japan			22.6		21.7		21.6		21.9		21.8		21.1		21.3	(1	%)
	Asia (excluding Japan)			43.2		49.6		52.5		55.3		57.8		57.4		57.6	10	%
	Latin America			6.6		6.7		6.9		6.9		7.0		7.1		7.0	1	%
		Total	$	96.3	$	102.1	$	104.9	$	109.6	$	112.6	$	110.9	$	112.6	7	%
Average Loans by Type(in billions of dollars):
	Mortgages		$	12.5	$	16.4	$	19.1	$	20.2	$	20.7	$	20.9	$	20.9	9	%
	Auto			2.4		2.4		2.5		2.5		2.4		2.4		2.2	(12	%)
	Personal			18.8		20.6		21.3		23.1		23.2		22.9		22.9	8	%
	Commercial Markets			3.0		4.7		5.3		5.0		4.5		4.5		4.3	(19	%)
	Other			1.5		1.7		2.3		3.1		3.8		3.6		4.2	83	%
		Total	$	38.2	$	45.8	$	50.5	$	53.9	$	54.6	$	54.3	$	54.5	8	%
Average Loans by Region(in billions of dollars):
	EMEA		$	18.0	$	18.1	$	18.4	$	19.5	$	19.2	$	18.7	$	18.5	1	%
	Japan			0.3		0.3		0.3		0.3		0.3		0.2		0.7	NM
	Asia (excluding Japan)			19.0		26.6		31.0		33.3		34.3		34.6		34.4	11	%
	Latin America			0.9		0.8		0.8		0.8		0.8		0.8		0.9	13	%
		Total	$	38.2	$	45.8	$	50.5	$	53.9	$	54.6	$	54.3	$	54.5	8	%
EOP Accounts by Region(in billions of dollars):
	EMEA		$	7.9	$	8.0	$	8.1	$	8.3	$	8.4	$	8.6	$	8.7	7	%
	Japan			2.2		2.2		2.1		2.1		2.1		2.1		2.1	—
	Asia (excluding Japan)			5.8		11.5		11.8		11.4		11.7		11.9		12.2	3	%
	Latin America			2.2		2.2		2.2		2.3		2.3		2.4		2.5	14	%
		Total	$	18.1	$	23.9	$	24.2	$	24.1	$	24.5	$	25.0	$	25.5	5	%
Branches by Region:
	EMEA			596		599		604		606		612		619		618	2	%
	Japan			25		25		25		25		25		25		25	—
	Asia (excluding Japan)			106		341		342		347		354		394		396	16	%
	Latin America			141		145		147		151		153		158		162	10	%
		Total		868		1,110		1,118		1,129		1,144		1,196		1,201	7	%

NM Not meaningful

Reclassified to conform to the current period's presentation.

19

CORPORATE AND INVESTMENT BANKING
INCOME STATEMENT
(In millions of dollars)

				1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Revenues:
	Commissions and Fees			$	586		$	485		$	460		$	515		$	601		$	545		$	595		29	%	$	1,531		$	1,741		14	%
	Asset Management and Administration Fees				610			630			624			677			696			701			695		11	%		1,864			2,092		12	%
	Investment Banking				830			917			793			1,016			805			870			973		23	%		2,540			2,648		4	%
	Principal Transactions				963			728			228			608			1,533			572			2,041		NM			1,919			4,146		NM
	Other				257			1,016			472			321			253			446			214		(55	%)		1,745			913		(48	%)
		Total Non-Interest Revenues			3,246			3,776			2,577			3,137			3,888			3,134			4,518		75	%		9,599			11,540		20	%
		Net Interest and Dividends			2,228			2,291			2,203			2,328			2,149			2,022			1,916		(13	%)		6,722			6,087		(9	%)
			Total Revenues, Net of Interest Expense		5,474			6,067			4,780			5,465			6,037			5,156			6,434		35	%		16,321			17,627		8	%
Non-Interest Expenses:
	Compensation and Benefits				1,905			1,959			1,657			2,139			2,227			1,894			2,463		49	%		5,521			6,584		19	%
	Other Operating and Administrative Expenses				1,115			9,190			1,398			1,167			1,441			1,474			1,393		—			11,703			4,308		(63	%)
			Total Non-Interest Expenses		3,020			11,149			3,055			3,306			3,668			3,368			3,856		26	%		17,224			10,892		(37	%)
Provision for Loan Losses					(60	)		(347	)		(405	)		(163	)		(56	)		(114	)		(57	)	86	%		(812	)		(227	)	72	%
Provision for Unfunded Lending Commitments					—			—			—			—			—			100			100		—			—			200		—
Total Provision for Credit Losses					(60	)		(347	)		(405	)		(163	)		(56	)		(14	)		43		NM			(812	)		(27	)	97	%
Income (Loss) Before Taxes and Minority Interest					2,514			(4,735	)		2,130			2,322			2,425			1,802			2,535		19	%		(91	)		6,762		NM
Income Taxes (Benefits)					790			(1,950	)		634			622			735			420			704		11	%		(526	)		1,859		NM
Minority Interest, Net of Tax					16			20			44			13			11			10			34		(23	%)		80			55		(31	%)
	Net Income (Loss)			$	1,708		$	(2,805	)	$	1,452		$	1,687		$	1,679		$	1,372		$	1,797		24	%	$	355		$	4,848		NM
Pre-tax Profit Margin					45.9	%		(78.0	%)		44.6	%		42.5	%		40.2	%		34.9	%		39.4	%				(0.6	%)		38.4	%
Compensation and Benefits Expenses as a Percent of Net Revenues(1)(2)					34.8	%		35.7	%		34.7	%		39.1	%		32.9	%		36.7	%		38.3	%				35.1	%		36.0	%
Non-Compensation Expenses as a Percent of Net Revenues(1)					20.4	%		167.6	%		29.2	%		21.4	%		23.9	%		28.6	%		21.7	%				74.4	%		24.4	%

(1)

The 2004 second quarter period excludes revenue of $584 million related to the gain on Samba.

(2)

The 2005 first quarter period excludes Expenses of $243 million related to the repositioning of certain CIB businesses.

NM Not meaningful

Reclassified to conform to the current period's presentation.

20

CORPORATE AND INVESTMENT BANKING
CIB REVENUE DETAILS
(In millions of dollars)

					1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Revenue Details:
	Investment Banking Revenue:
		Advisory and Other Fees			$	203		$	233		$	204		$	287		$	256		$	264		$	333		63	%	$	640		$	853		33	%
		Equity Underwriting				302			253			205			348			269			254			298		45	%		760			821		8	%
		Debt Underwriting				498			544			557			588			500			514			568		2	%		1,599			1,582		(1	%)
		Revenue Allocated to the Global Wealth Management Segment:
			Equity Underwriting			(115	)		(63	)		(60	)		(78	)		(95	)		(74	)		(79	)	(32	%)		(238	)		(248	)	(4	%)
			Debt Underwriting			(32	)		(27	)		(18	)		(22	)		(22	)		(27	)		(36	)	(100	%)		(77	)		(85	)	(10	%)
				Total Investment Banking Revenue		856			940			888			1,123			908			931			1,084		22	%		2,684			2,923		9	%
Lending						439			522			504			521			510			543			531		5	%		1,465			1,584		8	%
Equity Markets						747			519			490			552			707			728			872		78	%		1,756			2,307		31	%
Fixed Income Markets						2,504			2,537			1,816			2,291			2,916			1,827			2,770		53	%		6,857			7,513		10	%
Other Capital Markets and Banking						(15	)		(23	)		35			(140	)		(142	)		(64	)		(70	)	NM			(3	)		(276	)	NM
Total Capital Markets and Banking Revenues(1)						4,531			4,495			3,733			4,347			4,899			3,965			5,187		39	%		12,759			14,051		10	%
Transaction Services						942			987			1,045			1,104			1,137			1,191			1,246		19	%		2,974			3,574		20	%
Other(2)						1			585			2			14			1			—			1		(50	%)		588			2		(100	%)
Total CIB Revenues					$	5,474		$	6,067		$	4,780		$	5,465		$	6,037		$	5,156		$	6,434		35	%	$	16,321		$	17,627		8	%

(1)

Capital Markets and Banking revenues reflect Citigroup's portion (49%) of the results of the Nikko Citigroup Joint Venture on each respective line with an offset in Other Capital Markets and Banking to conform to the GAAP presentation.

(2)

The 2004 second quarter includes a $584 million gain related to the sale of Samba.

NM Not meaningful

Reclassified to conform to the current period's presentation.

21

CORPORATE AND INVESTMENT BANKING
CAPITAL MARKETS AND BANKING
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

Fixed income markets revenues increased 53%, driven by strong performance in interest rate products, foreign exchange, and commodities.

—

Equity markets revenues increased 78%, driven by improved performance and growth in cash trading, alternative execution, and derivatives products.

—

Investment banking revenues increased 22%, driven by a 63% increase in advisory fees, which reflected strong growth in completed M&A transactions, and 45% growth in equity underwriting.

—

Credit costs increased $375 million, reflecting a $143 million pre-tax charge to increase loan loss reserves and the absence of a $202 million pre-tax unallocated loan loss reserve release recorded in the third quarter of 2004. The increase in loan loss reserves primarily reflects growth in unfunded commitments to corporate clients and weakness in auto credits.

—

Results also include a $70 million tax benefit from provisions of the Homeland Investment Act.

		1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense		$	4,531		$	4,495		$	3,733		$	4,347		$	4,899		$	3,965		$	5,187		39	%	$	12,759		$	14,051		10	%
Total Operating Expenses			2,354			2,537			2,344			2,724			2,859			2,585			3,134		34	%		7,235			8,578		19	%
Provision for Loan Losses			(26	)		(276	)		(335	)		(140	)		(46	)		(116	)		(55	)	84	%		(637	)		(217	)	66	%
Provision for Unfunded Lending Commitments			—			—			—			—			—			96			95		—			—			191		—
Total Provision for Credit Losses			(26	)		(276	)		(335	)		(140	)		(46	)		(20	)		40		NM			(637	)		(26	)	96	%
Income Before Taxes and Minority Interest			2,203			2,234			1,724			1,763			2,086			1,400			2,013		17	%		6,161			5,499		(11	%)
Income Taxes			711			713			522			494			637			347			555		6	%		1,946			1,539		(21	%)
Minority Interest, Net of Tax			15			19			43			12			10			10			34		(21	%)		77			54		(30	%)
Net Income		$	1,477		$	1,502		$	1,159		$	1,257		$	1,439		$	1,043		$	1,424		23	%	$	4,138		$	3,906		(6	%)
Average Risk Capital		$	15,019		$	17,470		$	19,081		$	19,094		$	19,344		$	19,694		$	20,143		6	%	$	17,190		$	19,727		15	%
Return on Risk Capital			40	%		35	%		24	%		26	%		30	%		21	%		28	%				32	%		26	%
Return on Invested Capital			31	%		27	%		19	%		20	%		23	%		16	%		21	%				25	%		20	%
Investment Banking
	Global Debt, Equity and Equity-related Underwriting:
	Global Volume(1)	$	172,645		$	120,179		$	128,821		$	118,298		$	151,059		$	147,613		$	127,166		(1	%)	$	421,645		$	425,838		1	%
	Global Market Share		10.1	%		8.7	%		9.6	%		8.8	%		8.9	%		8.8	%		8.9	%				9.5	%		8.9	%
	Rank		1			1			1			1			1			1			1					1			1
	U.S. Volume(1)	$	121,893		$	81,326		$	98,019		$	78,966		$	93,280		$	104,941		$	91,639		(7	%)	$	301,238		$	289,860		(4	%)
	U.S. Market Share		12.4	%		10.0	%		11.7	%		9.8	%		10.2	%		10.7	%		9.9	%				11.3	%		10.8	%
	Rank		1			1			1			1			1			1			1					1			1

(1)

Full credit to book manager. Market volumes and shares sourced from Thomson Financial Securities Data.

Reclassified to conform to the current period's presentation.

22

CORPORATE AND INVESTMENT BANKING
TRANSACTION SERVICES
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

Record revenues and net income were driven by higher customer volumes, reflecting increased liability balances held on behalf of customers, up 21%, assets under custody, up 15%, and the positive impact of rising short-term interest rates.

—

Expenses increased 14%, reflecting the impact of new product introductions and higher business volumes. Operating margin grew from 32% to 35%.

—

Credit costs increased $76 million and reflect a $7 million pre-tax charge to increase loan loss reserves, and the absence of a $48 million pre-tax unallocated loan loss reserve release recorded in the third quarter of 2004.

—

Results also include a $26 million tax benefit from provisions of the Homeland Investment Act.

		1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense		$	942		$	987		$	1,045		$	1,104		$	1,137		$	1,191		$	1,246		19	%	$	2,974		$	3,574		20	%
Total Operating Expenses			659			693			712			782			803			780			809		14	%		2,064			2,392		16	%
Provision for Loan Losses			(34	)		(71	)		(70	)		(23	)		(13	)		2			1		NM			(175	)		(10	)	94	%
Provision for Unfunded Lending Commitments			—			—			—			—			—			4			5		—			—			9		—
Total Provision for Credit Losses			(34	)		(71	)		(70	)		(23	)		(13	)		6			6		NM			(175	)		(1	)	99	%
Income Before Taxes and Minority Interest			317			365			403			345			347			405			431		7	%		1,085			1,183		9	%
Income Taxes			82			103			117			83			102			117			104		(11	%)		302			323		7	%
Net Income		$	235		$	262		$	286		$	262		$	245		$	288		$	327		14	%	$	783		$	860		10	%
Average Risk Capital		$	1,263		$	1,340		$	1,462		$	1,454		$	1,435		$	1,403		$	1,240		(15	%)	$	1,355		$	1,359		—
Return on Risk Capital			75	%		79	%		78	%		72	%		69	%		82	%		105	%				77	%		85	%
Return on Invested Capital			47	%		48	%		47	%		43	%		40	%		46	%		56	%				47	%		47	%
Revenue Details:
	Cash Management	$	522		$	558		$	618		$	647		$	658		$	694		$	729		18	%	$	1,698		$	2,081		23	%
	Securities Services		279			286			277			307			336			348			363		31	%		842			1,047		24	%
	Trade		141			143			150			150			143			149			154		3	%		434			446		3	%
Total Revenues, Net of Interest Expense		$	942		$	987		$	1,045		$	1,104		$	1,137		$	1,191		$	1,246		19	%	$	2,974		$	3,574		20	%
Liability Balances (Average in billions)		$	111		$	113		$	121		$	138		$	139		$	141		$	147		21	%
Assets Under Custody (EOP in trillions)		$	6.6		$	7.0		$	7.3		$	7.9		$	8.0		$	8.0		$	8.4		15	%

NM Not meaningful

Reclassified to conform to the current period's presentation.

23

GLOBAL WEALTH MANAGEMENT
SMITH BARNEY
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

Revenue growth reflects a 15% increase in fee-based revenues and 10% growth in transactional revenues.

—

Assets under fee-based management increased 17% to $258 billion. Net flows were $5 billion for the quarter.

—

The pre-tax margin of 21% declined from the prior quarter, reflecting increased legal expenses.

		1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Revenues:
Fee-Based and Net Interest Revenue		$	851		$	854		$	854		$	874		$	911		$	956		$	986		15	%	$	2,559		$	2,853		11	%
Commissions and Other Transactional Revenue			881			728			674			769			758			691			742		10	%		2,283			2,191		(4	%)
Total Revenues, Net of Interest Expense			1,732			1,582			1,528			1,643			1,669			1,647			1,728		13	%		4,842			5,044		4	%
Total Operating Expenses			1,320			1,235			1,204			1,257			1,351			1,252			1,366		13	%		3,759			3,969		6	%
Provision for Loan Losses			—			—			—			—			—			4			7		—			—			11		—
Income Before Taxes			412			347			324			386			318			391			355		10	%		1,083			1,064		(2	%)
Income Taxes			160			136			126			156			121			152			128		2	%		422			401		(5	%)
Net Income		$	252		$	211		$	198		$	230		$	197		$	239		$	227		15	%	$	661		$	663		—
Pretax Profit Margin			24	%		22	%		21	%		23	%		19	%		24	%		21	%				22	%		21	%
Average Risk Capital		$	1,288		$	1,290		$	1,110		$	935		$	876		$	927		$	958		(14	%)	$	1,229		$	920		(25	%)
Return on Risk Capital			79	%		66	%		71	%		98	%		91	%		103	%		94	%				72	%		96	%
Return on Invested Capital			60	%		50	%		52	%		69	%		63	%		73	%		67	%				54	%		68	%
Financial Consultants			12,037			12,094			12,096			12,138			12,189			12,150			12,111		—
Annualized Revenue per FC (000)		$	576		$	529		$	501		$	538		$	556		$	538		$	565		13	%
Branch offices			528			526			526			524			522			518			517		(2	%)
Assets(in billions of dollars):
Total Client Assets		$	925		$	924		$	920		$	978		$	969		$	987		$	1,015		10	%
Net Client Asset Flows		$	6		$	5		$	3		$	10		$	13		$	5		$	5		67	%
Client Assets Under Fee-Based Management:
	Consulting Group and Internally Managed Accounts	$	144		$	146		$	145		$	156		$	155		$	159		$	168		16	%
	Financial Consultant Managed Accounts		76			76			76			84			84			86			90		18	%
	Total Smith Barney	$	220		$	222		$	221		$	240		$	239		$	245		$	258		17	%

Reclassified to conform to the current period's presentation.

24

GLOBAL WEALTH MANAGEMENT
PRIVATE BANK
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

Results reflect wind-down of the Japan business, which recorded a net loss of $29 million. Japan revenue and net income declined $46 million and $32 million, respectively, from the third quarter of 2004.

—

Excluding Japan, revenues increased 2%, as growth in customer volumes was offset by net interest margin compression.

—

Excluding the net loss in Japan, income declined 19%, as revenue growth was offset by investment spending on front office sales and support.

—

Client business volumes rose 3% to $218 billion, led by 15% growth in the U.S. and 10% growth in EMEA. Assets under fee-based management grew 6%.

				1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense				$	573		$	505		$	482		$	484		$	504		$	453		$	446		(7	%)	$	1,560		$	1,403		(10	%)
Total Operating Expenses (1)					339			286			292			733			339			334			307		5	%		917			980		7	%
Provision for Loan Losses					4			(1	)		(7	)		(1	)		(16	)		(4	)		23		NM			(4	)		3		NM
Income (Loss) Before Taxes					230			220			197			(248	)		181			123			116		(41	%)		647			420		(35	%)
Income Taxes (Benefits)					71			68			61			(119	)		59			40			37		(39	%)		200			136		(32	%)
Net Income (Loss)(1)				$	159		$	152		$	136		$	(129	)	$	122		$	83		$	79		(42	%)	$	447		$	284		(36	%)
Pretax Profit Margin					40	%		44	%		41	%		(51	%)		36	%		27	%		26	%				41	%		30	%
Average Risk Capital				$	688		$	727		$	761		$	828		$	1,117		$	1,165		$	1,195		57	%	$	725		$	1,159		60	%
Return on Risk Capital					93	%		84	%		71	%		(62	%)		44	%		29	%		26	%				82	%		33	%
Return on Invested Capital					91	%		82	%		69	%		(63	%)		42	%		26	%		24	%				80	%		31	%
Client Business Volumes (in billions of dollars):
	Client Assets Under Fee-Based Management			$	44		$	44		$	49		$	52		$	52		$	52		$	52		6	%
	Banking and Fiduciary Deposits				45			46			47			49			46			46			46		(2	%)
	Investment Finance				38			40			41			42			42			43			40		(2	%)
	Other, Principally Custody Accounts				75			73			75			81			81			79			80		7	%
		Total Client Business Volumes		$	202		$	203		$	212		$	224		$	221		$	220		$	218		3	%
Revenues:
	Recurring Fee-Based and Net Interest Revenues (2)			$	396		$	375		$	391		$	394		$	401		$	352		$	359		(8	%)	$	1,162		$	1,112		(4	%)
	Transactional Revenues				177			130			91			90			103			101			87		(4	%)		398			291		(27	%)
		Total Revenues		$	573		$	505		$	482		$	484		$	504		$	453		$	446		(7	%)	$	1,560		$	1,403		(10	%)
			North America	$	221		$	217		$	225		$	231		$	234		$	236		$	225		—		$	663		$	695		5	%
			International		352			288			257			253			270			217			221		(14	%)		897			708		(21	%)
				$	573		$	505		$	482		$	484		$	504		$	453		$	446		(7	%)	$	1,560		$	1,403		(10	%)
Net Credit Loss Ratio					0.04	%		(0.01	%)		(0.08	%)		(0.01	%)		(0.05	%)		(0.05	%)		(0.01	%)

(1)

The 2004 fourth quarter includes a $244 million after-tax ($400 million pretax) charge related to the exit plan implementation for the Company's Private Bank operations in Japan.

(2)

Includes treasury revenue, which was previously disclosed separately.

NM Not meaningful

Reclassified to conform to the current period's presentation.

25

ALTERNATIVE INVESTMENTS(1)
(In millions of dollars)

For your convenience, an excerpt from our 2005 third quarter earnings press release is set out below. The full text of the press release, and those from prior periods, are available on Citigroup's website at www.citigroup.com

—

Income of $339 million primarily reflects private equity gains and earnings on proprietary hedge fund investments.

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Total Revenues, Net of Interest Expense			$	191		$	545		$	297		$	670		$	866		$	1,112		$	720		NM		$	1,033		$	2,698		NM
Total Operating Expenses				87			123			112			140			105			159			167		49	%		322			431		34	%
Provision for Loan Losses				1			(1	)		—			—			—			—			(2	)	—			—			(2	)	—
Income Before Taxes and Minority Interest				103			423			185			530			761			953			555		NM			711			2,269		NM
Income Taxes				34			138			58			168			267			334			181		NM			230			782		NM
Minority Interest, Net of Tax				36			7			10			22			132			234			35		NM			53			401		NM
Net Income			$	33		$	278		$	117		$	340		$	362		$	385		$	339		NM		$	428		$	1,086		NM
	Assets (in billions)		$	8.6		$	8.4		$	8.4		$	8.9		$	9.7		$	10.9		$	11.4		36	%
	Average Risk Capital (in billions)		$	3.6		$	3.7		$	3.6		$	3.7		$	4.1		$	4.3		$	4.3		19	%	$	3.6		$	4.2		17	%
	Return on Risk Capital			4	%		30	%		13	%		36	%		36	%		36	%		31	%				16	%		35	%
	Return on Invested Capital			2	%		29	%		11	%		34	%		34	%		34	%		29	%				14	%		32	%
Total Revenues, Net of Interest Expense (by Business):
Client			$	60		$	58		$	68		$	87		$	62		$	83		$	81		19	%	$	186		$	226		22	%
Proprietary Investment Activities:
	Private Equity			76			460			225			563			752			982			449		100	%		761			2,183		NM
	Hedge Funds			50			(30	)		(15	)		7			30			(47	)		91		NM			5			74		NM
	Other			5			57			19			13			22			94			99		NM			81			215		NM
Total Proprietary Investment Activities				131			487			229			583			804			1,029			639		NM			847			2,472		NM
		Total	$	191		$	545		$	297		$	670		$	866		$	1,112		$	720		NM		$	1,033		$	2,698		NM
Total Revenues, Net of Interest Expense (by Type):
Client			$	60		$	58		$	68		$	87		$	62		$	83		$	81		19	%	$	186		$	226		22	%
Proprietary Investment Activities:
	Fees/Dividends/Interest			38			92			50			89			81			86			194		NM			180			361		NM
	Realized & Unrealized Gains (including Public Mark-to-Market)			60			364			148			467			706			943			442		NM			572			2,091		NM
	Other			33			31			31			27			17			—			3		(90	%)		95			20		(79	%)
Total Proprietary Investment Activities				131			487			229			583			804			1,029			639		NM			847			2,472		NM
		Total	$	191		$	545		$	297		$	670		$	866		$	1,112		$	720		NM		$	1,033		$	2,698		NM
Capital Under Management (in billions):
Client			$	21.8		$	19.7		$	20.2		$	20.4		$	20.2		$	21.7		$	24.8		23	%
Proprietary Investment Activities				7.3			7.4			7.6			8.1			8.8			9.6			10.7		41	%
Capital Under Management			$	29.1		$	27.1		$	27.8		$	28.5		$	29.0		$	31.3		$	35.5		28	%

(1)

Includes Citigroup Venture Capital activities and certain other corporate investments.

NM    Not meaningful

Reclassified to conform to the current period's presentation.

26

SUPPLEMENTAL INFORMATION
DISCONTINUED OPERATIONS(1)(2)
(In millions of dollars)

	1Q 2004		2Q 2004			3Q 2004		4Q 2004			1Q 2005		2Q 2005			3Q 2005		3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004		Nine Months 2005		YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Life Insurance & Annuities Business:
Total Revenues, Net of Interest Expense	$	1,206	$	1,107		$	1,434	$	1,425		$	1,362	$	1,380		$	3,386	NM		$	3,747	$	6,128	64	%
Total Operating Expenses		222		220			289		281			273		274			51	(82	%)		731		598	(18	%)
Provision for Benefits and Claims		649		627			853		788			692		712			—	(100	%)		2,129		1,404	(34	%)
Income Before Taxes		335		260			292		356			397		394			3,335	NM			887		4,126	NM
Income Taxes		86		96			47		113			124		114			1,246	NM			229		1,484	NM
Net Income	$	249	$	164		$	245	$	243		$	273	$	280		$	2,089	NM		$	658	$	2,642	NM
Asset Management Business:
Total Revenues, Net of Interest Expense	$	350	$	340		$	342	$	351		$	337	$	323		$	324	(5	%)	$	1,032	$	984	(5	%)
Total Operating Expenses		244		241			276		419			251		224			224	(19	%)		761		699	(8	%)
Provision for Benefits and Claims		—		—			—		—			—		—			—	—			—		—	—
Income Before Taxes and Minority Interest		106		99			66		(68	)		86		99			100	52	%		271		285	5	%
Income Taxes		41		36			29		(3	)		32		38			34	17	%		106		104	(2	%)
Minority Interest, Net of Tax		5		(1	)		—		5			1		(1	)		—	—			4		—	(100	%)
Net Income	$	60	$	64		$	37	$	(70	)	$	53	$	62		$	66	78	%	$	161	$	181	12	%
Total Discontinued Operations:
Total Revenues, Net of Interest Expense	$	1,556	$	1,447		$	1,776	$	1,776		$	1,699	$	1,703		$	3,710	NM		$	4,779	$	7,112	49	%
Total Operating Expenses		466		461			565		700			524		498			275	(51	%)		1,492		1,297	(13	%)
Provision for Benefits and Claims		649		627			853		788			692		712			—	(100	%)		2,129		1,404	(34	%)
Income Before Taxes and Minority Interest		441		359			358		288			483		493			3,435	NM			1,158		4,411	NM
Income Taxes		127		132			76		110			156		152			1,280	NM			335		1,588	NM
Minority Interest, Net of Tax		5		(1	)		—		5			1		(1	)		—	—			4		—	(100	%)
Net Income	$	309	$	228		$	282	$	173		$	326	$	342		$	2,155	NM		$	819	$	2,823	NM

(1)

Discontinued Operations includes the operations from the Company's January 31, 2005 announced agreement for the sale of Citigroup's Travelers Life & Annuity, and substantially all of Citigroup's international insurance business, to MetLife, Inc. The transaction closed during the 2005 third quarter and resulted in a $3.4 billion ($2.1 billion after-tax) gain.

(2)

Discontinued Operations includes the operations from the Company's June 24, 2005 announced agreement for the sale of substantially all of Citigroup's Asset Management business to Legg Mason, Inc. The transaction is subject to certain domestic and international regulatory approvals, as well as other customary conditions to closing and is expected to close during the 2005 fourth quarter.

NM    Not meaningful

Reclassified to conform to the current period's presentation.

27

Citigroup Segment Balance Sheet(1)
September 30, 2005
(In millions of dollars)

		Global Consumer			Corporate and Investment Banking			Global Wealth Management			Alternative Investments		Corporate/Other & Consolidating Eliminations			Discontinued Operations from AM Sale		Total Citigroup Consolidated (GAAP)
Assets:
Cash and due from banks		$	10,048		$	17,530		$	187		$	6	$	667		$	—	$	28,438
Deposits at interest with banks			5,642			24,828			69			43		22			—		30,604
Federal funds sold and securities borrowed or purchased under agreements to resell			915			234,826			364			—		—			—		236,105
Brokerage receivables			3			27,765			14,238			—		—			—		42,006
Trading account assets			2,475			290,780			711			—		(550	)		—		293,416
Investments			51,895			93,962			184			10,414		9,450			—		165,905
Consumer loans			399,924			—			39,489			—		732			—		440,145
Corporate loans			—			126,163			—			73		40			—		126,276
	Loans, net of unearned income		399,924			126,163			39,489			73		772			—		566,421
Allowance for credit losses			(7,127	)		(2,777	)		(93	)		—		(18	)		—		(10,015	)
	Total loans, net		392,797			123,386			39,396			73		754			—		556,406
Goodwill			25,784			5,675			378			—		403			—		32,240
Intangible assets			14,000			288			—			—		88			—		14,376
Reinsurance receivables			829			—			—			—		—			—		829
Separate and variable accounts			1,478			—			—			—		—			—		1,478
Other			31,273			25,002			2,867			833		8,668			—		68,643
Assets of discontinued operations held for sale			—			—			—			—		—			1,180		1,180
Total identifiable assets		$	537,139		$	844,042		$	58,394		$	11,369	$	19,502		$	1,180	$	1,471,626
Liabilities and Equity:
Total deposits		$	238,892		$	249,607		$	91,404		$	—	$	1,210		$	—	$	581,113
Federal funds purchased and securities loaned or sold under agreements to repurchase			7,779			234,663			1,377			—		—			—		243,819
Brokerage payables			—			54,124			3,206			—		—			—		57,330
Trading account liabilities			82			140,201			361			79		—			—		140,723
Contractholder funds and separate and variable accounts			1,822			—			—			—		1			—		1,823
Insurance policy and claims reserve			4,941			—			—			—		157			—		5,098
Investment banking and brokerage borrowings			—			14,612			—			—		—			—		14,612
Short-term borrowings			1,560			17,608			538			—		23,906			—		43,612
Long-term debt			44,692			61,047			—			—		108,155			—		213,894
Other liabilities			23,663			29,783			2,315			2,130		(491	)		—		57,400
Liabilities of discontinued operations held for sale			—			—			—			—		—			365		365
Net intersegment funding/(lending)			213,708			42,397			(40,807	)		9,160		(225,273	)		815		—
Stockholders' equity			—			—			—			—		111,837			—		111,837
Total liabilities and equity allocation to businesses		$	537,139		$	844,042		$	58,394		$	11,369	$	19,502		$	1,180	$	1,471,626
Average Risk Capital for the Nine Months Ended September 30, 2005:
Average Risk Capital (1) (2) (3)		$	27,342		$	21,383		$	2,153		$	4,336	$	(1,629	)	$	—	$	53,585

NOTE—The above supplemental information reflects the Company's consolidated period ending GAAP balance sheet broken out by reporting segment. The respective segment information closely depicts the assets and liabilities managed by each segment. While this presentation is not defined by GAAP (generally accepted accounting principles), the Company believes that these non-GAAP financial measures enhance investors understanding of the balance sheet components managed by the underlying business segments as well as the beneficial interrelationship of the asset and liability dynamics of the balance sheet components among the Company's business segments. The Company believes that investors may find it useful to see these non-GAAP financial measures to analyze financial performance. The table above provides the supplemental information and the corresponding GAAP financial measure at September 30, 2005.

This Segment Balance Sheet closely depicts the assets and liabilities managed by each of the respective business segments. The reported balances have been derived from the core financial reporting processes managed by the respective segment's finance organization. Adjustments have been made, where they are significant, to balances managed by one segment's financial infrastructure on behalf of another segment's customer base.

(1)

Preliminary

(2)

Risk Capital provides a better understanding of the capital resources employed in each segment. Risk Capital is defined as the amount of capital needed to cover unexpected economic losses during extreme events and is the denominator used in calculating Return on Risk Capital on page 29 of the supplement. Management believes Return on Risk Capital is useful to make incremental decisions and serves as a key metric for organic growth initiatives. Return on Risk Capital is a non-GAAP performance measure.

(3)

Total Average Risk Capital is on a Continuing Operations basis.

28

CITIGROUP—RETURN ON CAPITAL(1)

			Average Risk Capital ($M)									Return on Risk Capital						Return on Invested Capital
			Third Quarter 2004			Second Quarter 2005			Third Quarter 2005			Third Quarter 2004		Second Quarter 2005		Third Quarter 2005		Third Quarter 2004		Second Quarter 2005		Third Quarter 2005
Global Consumer:
	Cards		$	5,205		$	7,613		$	7,703		97	%	56	%	61	%	31	%	24	%	26	%
	Consumer Finance			3,675			3,855			3,734		70	%	67	%	53	%	23	%	24	%	18	%
	Retail Banking			13,931			15,876			15,905		36	%	31	%	28	%	18	%	16	%	14	%
	Other			—			—			—		—		—		—		—		—		—
		Total Global Consumer		22,811			27,344			27,342		54	%	42	%	40	%	22	%	19	%	18	%
Corporate and Investment Banking:
	Capital Markets and Banking			19,081			19,694			20,143		24	%	21	%	28	%	19	%	16	%	21	%
	Transaction Services			1,462			1,403			1,240		78	%	82	%	105	%	47	%	46	%	56	%
	Other			—			—			—		—		—		—		—		—		—
		Total Corporate and Investment Banking		20,543			21,097			21,383		28	%	26	%	33	%	21	%	19	%	25	%
Global Wealth Management:
	Smith Barney			1,110			927			958		71	%	103	%	94	%	52	%	73	%	67	%
	Private Bank			761			1,165			1,195		71	%	29	%	26	%	69	%	26	%	24	%
	Total Global Wealth Management			1,871			2,092			2,153		71	%	62	%	56	%	58	%	51	%	46	%
Alternative Investments				3,629			4,315			4,336		13	%	36	%	31	%	11	%	34	%	29	%
Corporate/Other(2)				(1,534	)		(1,626	)		(1,629	)	NM		NM		NM		NM		NM		NM
Total Citigroup—Risk Capital (Continuing Operations)(2)(3)			$	47,320		$	53,222		$	53,585		42	%	36	%	37	%
Total Citigroup—Return on Invested Capital (Net Income)(2)(4)																		21	%	18	%	25	%

(1)

Risk Capital is defined as the amount of capital needed to cover unexpected economic losses during extreme events. Return on Risk Capital is defined as income divided by Risk Capital. Return on Invested Capital is a similar calculation but includes adjustments for goodwill and intangibles in both the numerator and denominator, similar to those necessary to translate return on tangible equity to return on total equity. Return on Risk Capital and Return on Invested Capital are non-GAAP performance measures. Management believes Return on Risk Capital is useful to make incremental investment decisions and serves as a key metric for organic growth initiatives. Return on Invested Capital is used for multi-year investment decisions and as a long term performance measure.

(2)

Average Risk Capital is net of the cross-sector diversification. Average Invested Capital includes the difference between Tangible Equity and Risk Capital, which is also included in the Total Citigroup Return on Invested Capital.

(3)

On a Continuing Operations Basis. See Notes 4 and 5 on page 2.

(4)

Total Citigroup Return on Invested Capital equals Citigroup Return on Common Equity.

NM Not meaningful

29

CONSUMER LOAN DELINQUENCY AMOUNTS, NET CREDIT LOSSES AND RATIOS
(In millions of dollars, except loan amounts in billions)

					90 Days Or More Past Due(1)									EOP Loans			Net Credit Losses(1)									Average Loans
					3Q04			2Q05			3Q05			3Q05			3Q04			2Q05			3Q05			3Q05
PRODUCT VIEW:
	Cards				$	2,842		$	2,634		$	2,691		$	157.9		$	2,142		$	2,113		$	2,084		$	157.2
		Ratio				1.81	%		1.67	%		1.70	%					5.50	%		5.38	%		5.26	%
			North America Cards			2,593			2,370			2,415			139.8			1,981			1,985			1,957			139.1
				Ratio		1.84	%		1.70	%		1.73	%					5.66	%		5.71	%		5.58	%
			International Cards			249			264			276			18.1			161			128			127			18.1
				Ratio		1.55	%		1.45	%		1.52	%					4.09	%		2.84	%		2.79	%
	Consumer Finance					1,938			1,726			1,858			104.9			832			784			789			103.6
		Ratio				1.91	%		1.70	%		1.77	%					3.31	%		3.03	%		3.02	%
			North America Consumer Finance			1,479			1,254			1,395			83.3			487			467			461			81.9
				Ratio		1.84	%		1.57	%		1.68	%					2.46	%		2.30	%		2.23	%
			International Consumer Finance			459			472			463			21.6			345			317			328			21.7
				Ratio		2.17	%		2.17	%		2.14	%					6.52	%		5.73	%		6.01	%
	Retail Banking (excluding Commercial Business)					3,907			3,818			2,650			185.3			176			170			1,313			182.4
		Ratio				2.53	%		2.13	%		1.43	%					0.47	%		0.39	%		2.86	%
			North America Retail Banking			2,473			2,377			2,333			136.4			25			45			49			132.2
				Ratio		2.29	%		1.83	%		1.71	%					0.09	%		0.14	%		0.15	%
			International Retail Banking			1,434			1,441			317			48.9			151			125			1,264			50.2
				Ratio		3.08	%		2.92	%		0.65	%					1.33	%		1.01	%		9.99	%
	Private Bank					150			113			58			37.7			(8	)		(5	)		(1	)		38.4
		Ratio				0.39	%		0.28	%		0.15	%					(0.08)	%		(0.05)	%		(0.01	)%
	Other Consumer Loans					—			—			50			2.5			—			—			1			1.8
Managed Loans (Excluding Commercial Business)(2)					$	8,837		$	8,291		$	7,307		$	488.3		$	3,142		$	3,062		$	4,186		$	483.4
	Ratio					1.95	%		1.73	%		1.50	%					2.82	%		2.57	%		3.44	%
Securitized Receivables (all in North America Cards)						(1,142	)		(1,231	)		(1,299	)		(92.6	)		(1,122	)		(1,307	)		(1,267	)		(89.8	)
Loans Held-for-Sale						(176	)		—			—			—			(128	)		(9	)		—			—
On-Balance Sheet Loans (Excluding Commercial Business)					$	7,519		$	7,060		$	6,008		$	395.7		$	1,892		$	1,746		$	2,919		$	393.6
	Ratio					2.06	%		1.81	%		1.52	%					2.09	%		1.80	%		2.94	%
					Cash-Basis Loans(1)												Net Credit Losses(1)
	Commercial Business				$	1,000		$	495		$	566			40.5		$	43		$	51		$	7			39.8
		Ratio				2.55	%		1.29	%		1.40	%					0.43	%		0.52	%		0.07	%
Total Consumer Loans(2)(3)														$	436.2											$	433.4
REGIONAL VIEW (Excluding Commercial Business):
					90 Days Or More Past Due(1)									EOP Loans			Net Credit Losses(1)									Average Loans
					3Q04			2Q05			3Q05			3Q05			3Q04			2Q05			3Q05			3Q05
	North America (excluding Mexico)				$	6,241		$	5,542		$	5,733		$	376.6		$	2,466		$	2,441		$	2,398		$	369.1
		Ratio				1.81	%		1.51	%		1.52	%					2.91	%		2.71	%		2.58	%
	Mexico					386			482			492			10.2			23			52			70			10.2
		Ratio				4.85	%		4.93	%		4.83	%					1.13	%		2.16	%		2.74	%
	Europe, Middle East and Africa					1,656			1,647			514			36.2			209			235			1,388			37.3
		Ratio				4.68	%		4.43	%		1.43	%					2.40	%		2.49	%		14.77	%
	Japan					290			273			194			11.8			304			261			254			13.2
		Ratio				1.81	%		1.99	%		1.64	%					7.40	%		7.24	%		7.65	%
	Asia (excluding Japan)					234			318			343			49.9			139			93			85			50.0
		Ratio				0.51	%		0.63	%		0.69	%					1.24	%		0.75	%		0.68	%
	Latin America					30			29			31			3.6			1			(20	)		(9	)		3.6
		Ratio				0.90	%		0.84	%		0.84	%					0.06	%		(2.33	%)		(0.93	%)
Managed Loans (Excluding Commercial Business)(2)					$	8,837		$	8,291		$	7,307		$	488.3		$	3,142		$	3,062		$	4,186		$	483.4
	Ratio					1.95	%		1.73	%		1.50	%					2.82	%		2.57	%		3.44	%
Securitized Receivables (all in North America Cards)						(1,142	)		(1,231	)		(1,299	)		(92.6	)		(1,122	)		(1,307	)		(1,267	)		(89.8	)
Loans Held-for-Sale						(176	)		—			—			—			(128	)		(9	)		—			—
On-Balance Sheet Loans (Excluding Commercial Business)					$	7,519		$	7,060		$	6,008		$	395.7		$	1,892		$	1,746		$	2,919		$	393.6
	Ratio					2.06	%		1.81	%		1.52	%					2.09	%		1.80	%		2.94	%

(1)

The ratios of 90 days or more past due, cash-basis loans and net credit losses are calculated based on end-of-period and average loans, respectively, both net of unearned income.

(2)

This table presents consumer credit information on a managed basis and shows the impact of securitizations to reconcile to a held basis. Only North America Cards from a product view and North America from a regional view are impacted. Managed basis reporting is a non-GAAP measure. Held basis reporting is the related GAAP measure. For a discussion of managed basis reporting see the Cards business on page 8.

(3)

Total Loans and Total Average Loans exclude certain interest and fees on credit cards of approximately $4 billion and $4 billion, respectively, which are included in Consumer Loans on the Consolidated Balance Sheet.

Reclassified to conform to the current period's presentation.

30

ALLOWANCE FOR CREDIT LOSSES
TOTAL CITIGROUP
(In millions of dollars)

		1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Allowance for Credit Losses at Beginning of Period		$	12,643		$	12,506		$	12,715		$	12,034		$	11,269		$	10,894		$	10,418				$	12,643		$	11,269
Gross Credit (Losses)			(3,012	)		(2,660	)		(2,574	)		(2,627	)		(2,451	)		(2,452	)		(3,444	)	(34	%)		(8,246	)		(8,347	)	(1	%)
Gross Recoveries			527			535			660			550			549			674			641		(3	%)		1,722			1,864		8	%
	Net Credit (Losses)/Recoveries (NCL's)		(2,485	)		(2,125	)		(1,914	)		(2,077	)		(1,902	)		(1,778	)		(2,803	)	(46	%)		(6,524	)		(6,483	)	1	%
NCL'S—Excluding Loan Charge-offs with a Specific Reserve			2,343			2,078			1,665			1,919			1,797			1,608			2,083		25	%		6,086			5,488		(10	%)
Unallocated Reserve Releases(1)			(171	)		(541	)		(752	)		(618	)		(20	)		(60	)		—		100	%		(1,464	)		(80	)	95	%
Unallocated Reserve Builds(1)			—			—			66			12			—			133			353		NM			66			486		NM
Specific Reserve Builds			58			51			50			73			36			39			76		52	%		159			151		(5	%)
Build for Purchased Distressed Loan Portfolios			—			—			—			—			—			—			13		—			—			13		—
	Provision for Loan Losses		2,230			1,588			1,029			1,386			1,813			1,720			2,525		NM			4,847			6,058		25	%
Other(2)			118			746			204			(74	)		(286	)		(418	)		(125	)				1,068			(829	)	NM
Allowance for Credit Losses at End of Period		$	12,506		$	12,715		$	12,034		$	11,269		$	10,894		$	10,418		$	10,015				$	12,034		$	10,015
Corporate Allowance for Unfunded Lending Commitments(3)		$	600		$	600		$	600		$	600		$	600		$	700		$	800				$	600		$	800
Total Allowance for Loans, Leases and Unfunded Lending Commitments		$	13,106		$	13,315		$	12,634		$	11,869		$	11,494		$	11,118		$	10,815				$	12,634		$	10,815
Total Allowance for Loans, Leases and Unfunded Lending Commitments as a Percentage of Total Loans			2.71	%		2.60	%		2.43	%		2.16	%		2.10	%		2.00	%		1.91	%

(1)

Allowance for Credit Losses represents management's estimate of probable losses inherent in the portofolio. Attribution of the allowance is made for analytical purposes only, and the entire allowance is available to absorb probable credit losses inherent in the portfolio.

(2)

Includes all adjustments to the Allowance for Credit Losses, such as changes in the allowance from acquisitions, securitizations, foreign exchange translation, purchase accounting adjustments, etc. The significant items reported on this line for the periods presented include:

•

For the 2005 third quarter, reductions to the credit loss reserves of $137 million related to securitizations.

•

The 2005 third quarter includes the reclassification from Other Assets of $23 million of credit loss reserves related to the purchase of distressed loans.

•

For the 2005 second quarter, reductions to the credit loss reserves consisted of $132 million related to securitizations and portfolio sales, $110 million of purchase accounting adjustments related to the KorAm acquisition, and a $79 million reclass to a non-credit related reserve.

•

For the 2005 first quarter, reductions to the credit loss reserves of $129 million related to securitizations and $90 million from the sale of CitiCapital's transportation portfolio.

•

For the second quarter 2004, the addition of $715 million of credit loss reserves from the acquisition of KorAm Bank.

•

For the 2004 first quarter, the addition of $148 million of credit loss reserves related to the acquisition of Washington Mutual Finance Corporation.

(3)

Represents additional credit reserves recorded as other liabilities on the Consolidated Balance Sheet.

NM Not meaningful

31

ALLOWANCE FOR CREDIT LOSSES
CONSUMER LOANS(1)
(In millions of dollars)

		1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Allowance for Credit Losses at Beginning of Period		$	9,088		$	9,218		$	9,316		$	8,894		$	8,379		$	8,060		$	7,714				$	9,088		$	8,379
Gross Credit (Losses)			(2,746	)		(2,572	)		(2,390	)		(2,533	)		(2,379	)		(2,341	)		(3,380	)	(41	%)		(7,708	)		(8,100	)	(5	%)
Gross Recoveries			439			425			455			451			454			544			454		—			1,319			1,452		10	%
	Net Credit (Losses)/Recoveries (NCL's)		(2,307	)		(2,147	)		(1,935	)		(2,082	)		(1,925	)		(1,797	)		(2,926	)	(51	%)		(6,389	)		(6,648	)	(4	%)
NCL'S—Excluding Loan Charge-offs with a Specific Reserve			2,307			2,126			1,863			1,984			1,884			1,755			2,261		21	%		6,296			5,900		(6	%)
Unallocated Reserve Releases (2)			(21	)		(191	)		(502	)		(468	)		(20	)		(60	)		—		100	%		(714	)		(80	)	89	%
Unallocated Reserve Builds (2)			—			—			66			12			—			133			303		NM			66			436		NM
Specific Reserve Builds			4			—			4			21			5			7			20		NM			8			32		NM
Build for Purchased Distressed Loan Portfolios			—			—			—			—			—			—			—		—			—
	Provision for Loan Losses		2,290			1,935			1,431			1,549			1,869			1,835			2,584		81	%		5,656			6,288		11	%
Other (3)			147			310			82			18			(263	)		(384	)		(146	)				539			(793	)	NM
Allowance for Credit Losses at End of Period		$	9,218		$	9,316		$	8,894		$	8,379		$	8,060		$	7,714		$	7,226				$	8,894		$	7,226
Net Consumer Credit (Losses) as a Percentage of Average Consumer Loans			2.45	%		2.22	%		1.93	%		1.97	%		1.83	%		1.68	%		2.68	%
Consumer Allowance for Credit Losses As a Percentage of Total Consumer Loans			2.40	%		2.34	%		2.18	%		1.93	%		1.87	%		1.78	%		1.64	%

(1)

Includes Commercial Business loans and loans made to Global Wealth Management clients.

(2)

Allowance for Credit Losses represents management's estimate of probable losses inherent in the portofolio. Attribution of the allowance is made for analytical purposes only, and the entire allowance is available to absorb probable credit losses inherent in the portfolio.

(3)

Includes all adjustments to the Allowance for Credit Losses, such as changes in the allowance from acquisitions, securitizations, foreign exchange translation, purchase accounting adjustments, etc. The significant items reported on this line for the periods presented include:

•

For the 2005 third quarter, reductions to the credit loss reserves of $137 million related to securitizations.

•

For the 2005 second quarter, reductions to the credit loss reserves consisted of $132 million related to securitizations and portfolio sales, $110 million of purchase accounting adjustments related to the KorAm acquisition, and a $79 million reclass to a non-credit related reserve.

•

For the 2005 first quarter, reductions to the credit loss reserves of $129 million related to securitizations and $90 million from the sale of CitiCapital's transportation portfolio.

•

For the 2004 second quarter, the addition of $274 million of credit loss reserves from the acquisition of KorAm Bank.

•

For the 2004 first quarter, the addition of $148 million of credit loss reserves related to the acquisition of Washington Mutual Finance Corporation.

NM    Not meaningful

32

ALLOWANCE FOR CREDIT LOSSES
CORPORATE LOANS(1)
(In millions of dollars)

		1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005			3Q 2005 vs. 3Q 2004 Increase/ (Decrease)		Nine Months 2004			Nine Months 2005			YTD 2005 vs. YTD 2004 Increase/ (Decrease)
Allowance for Credit Losses at Beginning of Period		$	3,555		$	3,288		$	3,399		$	3,140		$	2,890		$	2,834		$	2,704				$	3,555		$	2,890
Gross Credit (Losses)			(266	)		(88	)		(184	)		(94	)		(72	)		(111	)		(64	)	65	%		(538	)		(247	)	54	%
Gross Recoveries			88			110			205			99			95			130			187		(9	%)		403			412		2	%
	Net Credit (Losses)/Recoveries (NCL's)		(178	)		22			21			5			23			19			123		NM			(135	)		165		NM
NCL'S—Excluding Loan Charge-offs with a Specific Reserve			36			(48	)		(198	)		(65	)		(87	)		(147	)		(178	)	10	%		(210	)		(412	)	(96	%)
Unallocated Reserve Releases (2)			(150	)		(350	)		(250	)		(150	)		—			—			—		100	%		(750	)		—		100	%
Unallocated Reserve Builds (2)			—			—			—			—			—			—			50		—			—			50		—
Specific Reserve Builds			54			51			46			52			31			32			56		22	%		151			119		(21	%)
Build for Purchased Distressed Loan Portfolios			—			—			—			—			—			—			13		—			—			13		—
	Provision for Loan Losses		(60	)		(347	)		(402	)		(163	)		(56	)		(115	)		(59	)	85	%		(809	)		(230	)	72	%
Other (3)			(29	)		436			122			(92	)		(23	)		(34	)		21					529			(36	)	NM
Allowance for Credit Losses at End of Period		$	3,288		$	3,399		$	3,140		$	2,890		$	2,834		$	2,704		$	2,789				$	3,140		$	2,789
Net Corporate Credit (Losses) as a Percentage of Average Corporate Loans			0.73	%		NM			NM			NM			NM			NM			NM
Corporate Allowance for Credit Losses As a Percentage of Total Corporate Loans			3.27	%		3.01	%		2.80	%		2.54	%		2.41	%		2.18	%		2.21	%
Corporate Allowance for Unfunded Lending Commitments (4)		$	600		$	600		$	600		$	600		$	600		$	700		$	800				$	600		$	800
Total Corporate Allowance for Loans, Leases and Unfunded Lending Commitments		$	3,888		$	3,999		$	3,740		$	3,490		$	3,434		$	3,404		$	3,589				$	3,740		$	3,589
Total Allowance for Loans, Leases and Unfunded Lending Commitments as a Percentage of Total Corporate Loans			3.87	%		3.54	%		3.33	%		3.07	%		2.92	%		2.75	%		2.84	%

(1)

Includes Loans related to the Alternative Investments and Corporate/Other segments.

(2)

Allowance for Credit Losses represents management's estimate of probable losses inherent in the portofolio. Attribution of the allowance is made for analytical purposes only, and the entire allowance is available to absorb probable credit losses inherent in the portfolio.

(3)

Includes all adjustments to the Allowance for Credit Losses, such as changes in the allowance from acquisitions, securitizations, foreign exchange translation, purchase accounting adjustments, etc. The significant items reported on this line for the periods presented include:

•

The 2005 third quarter includes the reclassification from Other Assets of $23 million of credit loss reserves related to the purchase of distressed loans.

•

The 2004 second quarter includes the addition of $441 million of credit loss reserves related to the acquisition of KorAm Bank.

(4)

Represents additional credit reserves recorded as other liabilities on the Consolidated Balance Sheet.

NM Not meaningful

33

NON-PERFORMING ASSETS
(In millions of dollars)

			1Q 2004			2Q 2004			3Q 2004			4Q 2004			1Q 2005			2Q 2005			3Q 2005
CASH-BASIS AND RENEGOTIATED LOANS
Corporate Cash-Basis Loans
Collateral Dependent (at lower of cost or collateral value)			$	71		$	59		$	15		$	7		$	8		$	8		$	6
Other				2,842			2,560			2,185			1,899			1,724			1,588			1,204
		Total Corporate Cash-Basis Loans (1)	$	2,913		$	2,619		$	2,200		$	1,906		$	1,732		$	1,596		$	1,210
Corporate Cash-Basis Loans
	JENA (2)		$	805		$	748		$	553		$	483		$	510		$	406		$	276
	Other International (3)(4)			2,108			1,871			1,647			1,423			1,222			1,190			934
		Total Corporate Cash-Basis Loans (1)	$	2,913		$	2,619		$	2,200		$	1,906		$	1,732		$	1,596		$	1,210
Corporate Cash-Basis Loans as a % of Total Corporate Loans (1)				2.90	%		2.32	%		1.96	%		1.68	%		1.47	%		1.29	%		0.96	%
Consumer Cash-Basis (excluding Commercial Business)			$	4,693		$	4,399		$	4,452		$	4,728		$	4,477		$	4,204		$	3,255
Commercial Business Cash-Basis Loans				1,213			1,173			1,000			735			593			495			566
	Total Consumer Cash-Basis Loans		$	5,906		$	5,572		$	5,452		$	5,463		$	5,070		$	4,699		$	3,821
CitiCapital Collateral Dependent Loans (included in Commercial Business Cash-Basis Loans)			$	474		$	377		$	440		$	285		$	167		$	152		$	144
Renegotiated Loans (includes Corporate and Commercial Business Loans)			$	124		$	111		$	95		$	83		$	36		$	31		$	29
OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS
Consumer (5)			$	396		$	369		$	373		$	320		$	286		$	248		$	283
Corporate and Investment Banking (5)				94			98			95			126			127			133			153
TOTAL OTHER REAL ESTATE OWNED			$	490		$	467		$	468		$	446		$	413		$	381		$	436
OTHER REPOSSESSED ASSETS (6)			$	123		$	97		$	100		$	93		$	74		$	49		$	57

(1)

Excludes purchased distressed loans that are accruing interest. The carrying value of these loans was: $1,292 million at March 31, 2004, $1,067 million at June 30, 2004, $1,150 million at September 30, 2004, $1,213 million at December 31, 2004, $1,295 million at March 31, 2005, $1,148 million at June 30, 2005, and $1,064 million at September 30, 2005.

(2)

JENA includes Japan, Western Europe and North America.

(3)

Other International includes Asia (excluding Japan), Mexico, Latin America, Central and Eastern Europe, the Middle East and Africa.

(4)

Includes $227 million, $313 million, $248 million, $209 million, $189 million and $164 million of cash-basis loans for KorAm at June 30, 2004, September 30, 2004, December 31, 2004, March 31, 2005, June 30, 2005 and September 30, 2005, respectively. The $25 million decrease from June 30, 2005, reflects the Company's ongoing review of KorAm's loan portfolio.

(5)

Represents repossessed real estate, carried at lower of cost or fair value, less costs to sell.

(6)

Primarily transportation equipment, carried at lower of cost or fair value, less costs to sell.

34