Citigroup 8K Citi Reports Second Quarter Net Loss of $2.2 Billion, Loss Per Share of $0.49, from Continuing Operations | C 18 Jul 08

Exhibit 99.2

CITIGROUP - QUARTERLY FINANCIAL DATA SUPPLEMENT

2Q08

		Page Number

Citigroup Consolidated
Financial Summary		1
Consolidated Statement of Income		2
Consolidated Balance Sheet		3
Income:
Segment View		4
Regional View		5
Net Revenues:
Segment View		6
Regional View		7

Segment Detail

Global Cards		8 - 10
Consumer Banking		11 -14
Institutional Clients Group (ICG)		15
Securities and Banking		16
Transaction Services		17
Global Wealth Management		18 - 19

Regional Detail
North America		20
EMEA		21
Latin America		22
Asia		23 -24

Citigroup Supplemental Detail
Return on Capital		25
Average Balances and Interest Rates		26
Consumer Loan Delinquency Amounts, Net Credit Losses and Ratios		27
Allowance for Credit Losses:
Total Citigroup		28
Consumer Loans		29
Corporate Loans		30
Components of Provision for Loan Losses		31
Non-Performing Assets		32

CITIGROUP — FINANCIAL SUMMARY

(In millions of dollars, except per share amounts)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

Total Revenues, Net of Interest Expense	$	25,184		$	26,330		$	22,190		$	7,003		$	13,020		$	18,652		(29	)%	$	51,514		$	31,672		(39	)%
Total Operating Expenses	15,373			14,691			14,416			16,352			16,071			15,943			9	%	30,064			32,014			6	%
Provision for Loan Losses and for Benefits and Claims	2,950			2,710			5,048			7,739			5,976			7,187			NM		5,660			13,163			NM
Income Taxes	1,846			2,663			527			(7,320		)	(3,883		)	(2,337		)	NM		4,509			(6,220		)	NM
Minority Interest	47			123			20			95			(21		)	76			(38	)%	170			55			(68	)%
Income (Loss) from Continuing Operations	$	4,968		$	6,143		$	2,179		$	(9,863	)	$	(5,123	)	$	(2,217	)	NM		$	11,111		$	(7,340	)	NM
Discontinued Operations, After-tax	44			83			33			30			12			(278		)	NM		127			(266		)	NM

Net Income (Loss)	$	5,012		$	6,226		$	2,212		$	(9,833	)	$	(5,111	)	$	(2,495	)	NM		$	11,238		$	(7,606	)	NM

Diluted Earnings Per Share:
Income (Loss) from Continuing Operations	$	1.00		$	1.23		$	0.43		$	(2.00	)(1)	$	(1.02	)(1)	$	(0.49	)(1)	NM		$	2.22		$	(1.50	)(1)	NM
Net Income (Loss)	$	1.01		$	1.24		$	0.44		$	(1.99	)(1)	$	(1.02	)(1)	$	(0.54	)(1)	NM		$	2.25		$	(1.55	)(1)	NM

Shares (in millions):
Average Basic	4,877.0			4,898.3			4,916.1			4,931.9			5,085.6			5,287.4			8	%	4,887.7			5,186.5
Average Diluted	4,967.9			4,992.9			5,010.9			5,009.3			5,591.1			5,800.0			16	%	4,980.4			5,695.6
Common Shares Outstanding, at period end	4,946.4			4,974.6			4,981.1			4,994.6			5,249.8			5,445.4			9	%

Preferred Dividends - Basic (in millions) (2)	$	16		$	14		$	6		$	—		$	83		$	361				$	30		$	444
Preferred Dividends - Diluted (in millions) (2)	$	16		$	14		$	6		$	—		$	17		$	91				$	30		$	108

Financial Ratios:
Tier 1 Capital Ratio	8.26		%	7.91		%	7.32		%	7.12		%	7.74		%	8.7		%*
Total Capital Ratio	11.48		%	11.23		%	10.61		%	10.70		%	11.22		%	12.2		%*
Leverage Ratio	4.84		%	4.37		%	4.13		%	4.03		%	4.39		%	5.0		%*
Return on Common Equity	17.1		%	20.1		%	6.9		%	(32.4		)%	(18.6		)%	(10.4		)%*			18.6		%	(14.5		)%

Balance Sheet Data, EOP (in billions, except Book Value per Share):
Total Assets	$	2,021.0		$	2,220.9		$	2,358.3		$	2,187.6		$	2,199.8		$	2,100.5	*	(5	)%
Trading Account Assets	460.1			538.3			581.2			539.0			578.4			505.4		*	(6	)%
Total Loans	693.3			742.9			774.0			778.0			789.8			746.8		*	1	%
Total Deposits	738.5			771.8			812.9			826.2			831.2			803.6		*	4	%
Stockholders’ Equity	122.1			127.8			127.1			113.6			128.2			136.6		*	7	%
Equity and Trust Securities	131.5			137.8			138.7			137.2			152.2			160.2		*	16	%
Book Value Per Share	$	24.48		$	25.56		$	25.48		$	22.74		$	20.73		$	20.04	*	(22	)%

Direct Staff (in thousands)	343			361			371			375			369			363		*	1	%

Segment Net Income:
Global Cards	$	1,257		$	1,057		$	1,450		$	945		$	1,239		$	467		(56	)%	$	2,314		$	1,706		(26	)%
Consumer Banking	1,258			1,473			197			(442		)	138			(700		)	NM		2,731			(562		)	NM
Institutional Clients Group (ICG)	2,917			3,384			267			(10,723		)	(6,357		)	(2,044		)	NM		6,301			(8,401		)	NM
Global Wealth Management (GWM)	448			512			490			524			294			405			(21	)%	960			699			(27	)%
Corporate/Other	(912		)	(283		)	(225		)	(167		)	(437		)	(345		)	(22	)%	(1,195		)	(782		)	35	%
Discontinued Operations	44			83			33			30			12			(278		)	NM		127			(266		)	NM

Total Net Income	$	5,012		$	6,226		$	2,212		$	(9,833	)	$	(5,111	)	$	(2,495	)	NM		$	11,238		$	(7,606	)	NM

Regional Net Income (3):
North America	$	3,244		$	3,397		$	481		$	(8,947	)	$	(5,586	)	$	(3,317	)	NM		$	6,641		$	(8,903	)	NM
Europe, Middle East and Africa (EMEA)	779			992			29			(3,149		)	(1,060		)	15			(98	)%	1,771			(1,045		)	NM
Latin America	785			787			1,084			939			1,195			658			(16	)%	1,572			1,853			18	%
Asia	1,072			1,250			810			1,461			765			772			(38	)%	2,322			1,537			(34	)%
Corporate/Other	(912		)	(283		)	(225		)	(167		)	(437		)	(345		)	(22	)%	(1,195		)	(782		)	35	%
Discontinued Operations	44			83			33			30			12			(278		)	NM		127			(266		)	NM

Total Net Income	$	5,012		$	6,226		$	2,212		$	(9,833	)	$	(5,111	)	$	(2,495	)	NM		$	11,238		$	(7,606	)	NM

(1)		Diluted shares used in the Diluted EPS calculation represent Basic Shares for the fourth quarter of 2007, first quarter of 2008 and second quarter of 2008 due to the Net Loss. Using actual Diluted shares would result in anti-dilution.

(2)		Beginning in the fourth quarter of 2008, preferred stock dividends (subject to declaration) will vary quarter-to-quarter due to Series E being declared on a semi-annual basis compared to a quarterly basis for all other series.

(3)		Asia includes Japan, Latin America includes Mexico, and North America includes U.S., Canada and Puerto Rico.

NM Not meaningful

Reclassified to conform to the current period’s presentation.

* Preliminary

CITIGROUP CONSOLIDATED STATEMENT OF INCOME

(In millions of dollars)

																	2Q08 vs.		Six		Six			YTD 2008 vs.
	1Q		2Q		3Q			4Q			1Q			2Q			2Q07 Increase/		Months		Months			YTD 2007 Increase/
	2007		2007		2007			2007			2008			2008			(Decrease)		2007		2008			(Decrease)

Revenues
Interest revenue	$	27,872	$	30,369	$	32,747		$	32,350		$	29,702		$	27,902		(8	)%	$	58,241	$	57,604		(1	)%
Interest expense	17,344		18,971		20,593			19,789			16,303			13,597			(28	)%	36,315		29,900			(18	)%
Net interest revenue	10,528		11,398		12,154			12,561			13,399			14,305			26	%	21,926		27,704			26	%

Commissions and fees	5,599		6,628		4,050			4,842			1,668			6,134			(7	)%	12,227		7,802			(36	)%
Principal transactions	3,168		2,629		(244		)	(17,632		)	(6,661		)	(5,586		)	NM		5,797		(12,247		)	NM
Administrative and other fiduciary fees	1,949		2,241		2,468			2,514			2,317			2,304			3	%	4,190		4,621			10	%
Realized gains (losses) from sales of investments	473		119		263			313			(119		)	(139		)	NM		592		(258		)	NM
Insurance premiums	838		845		893			956			983			985			17	%	1,683		1,968			17	%
Other revenue	2,629		2,470		2,606			3,449			1,433			649			(74	)%	5,099		2,082			(59	)%
Total non-interest revenues	14,656		14,932		10,036			(5,558		)	(379		)	4,347			(71	)%	29,588		3,968			(87	)%
Total revenues, net of interest expense	25,184		26,330		22,190			7,003			13,020			18,652			(29	)%	51,514		31,672			(39	)%

Provisions for Credit Losses and for Benefits and Claims
Provision for loan losses	2,689		2,513		4,762			7,398			5,701			7,070			NM		5,202		12,771			NM
Policyholder benefits and claims	261		197		236			241			275			260			32	%	458		535			17	%
Provision for unfunded lending commitments	—		—		50			100			—			(143		)	—		—		(143		)	—
Total provisions for credit losses and for benefits and claims	2,950		2,710		5,048			7,739			5,976			7,187			NM		5,660		13,163			NM

Operating Expenses
Compensation and benefits	8,671		8,896		7,709			9,064			9,060			9,185			3	%	17,567		18,245			4	%
Premises and Equipment	1,529		1,603		1,748			1,800			1,788			1,844			15	%	3,132		3,632			16	%
Technology / communication expense	979		1,143		1,166			1,245			1,226			1,258			10	%	2,122		2,484			17	%
Advertising and marketing expense	617		767		799			751			679			686			(11	)%	1,384		1,365			(1	)%
Restructuring-related items	1,377		63		35			53			15			(44		)	NM		1,440		(29		)	NM
Other operating	2,200		2,219		2,959			3,439			3,303			3,014			36	%	4,419		6,317			43	%
Total operating expenses	15,373		14,691		14,416			16,352			16,071			15,943			9	%	30,064		32,014			6	%

Income (Loss) from Continuing Operations before Income Taxes and Minority Interest	6,861		8,929		2,726			(17,088		)	(9,027		)	(4,478		)	NM		15,790		(13,505		)	NM
Provision (benefits) for income taxes	1,846		2,663		527			(7,320		)	(3,883		)	(2,337		)	NM		4,509		(6,220		)	NM
Minority interest, net of income taxes	47		123		20			95			(21		)	76			(38	)%	170		55			(68	)%

Income (Loss) from Continuing Operations	4,968		6,143		2,179			(9,863		)	(5,123		)	(2,217		)	NM		11,111		(7,340		)	NM
Discontinued Operations (1)
Income from Discontinued Operations	60		129		44			40			4			43					189		47
Loss on Pending Sale	—		—		—			—			—			(517		)			—		(517		)
Provision (benefits) for income taxes	16		46		11			10			(8		)	(196		)			62		(204		)
Income from Discontinued Operations, net	44		83		33			30			12			(278		)			127		(266		)

Net Income (Loss)	$	5,012	$	6,226	$	2,212		$	(9,833	)	$	(5,111	)	$	(2,495	)	NM		$	11,238	$	(7,606	)	NM

(1)		Discontinued Operations includes:

		a) The sale of substantially all of Citigroup’s CitiCapital equipment finance unit to General Electric.

NM Not meaningful

Reclassified to conform to the current period’s presentation.

CITIGROUP CONSOLIDATED BALANCE SHEET
(In millions of dollars)

																			June 30, 2008
																			vs.
	March 31,			June 30,			September 30,			December 31,			March 31,			June 30,			December 31, 2007
	2007			2007			2007			2007			2008			2008 (1)			Inc (Decr)

Assets
Cash and due from banks (including segregated cash and other deposits)	$	24,421		$	30,635		$	38,226		$	38,206		$	30,837		$	44,824		17	%
Deposits with banks	44,906			70,897			58,713			69,366			73,318			67,945			(2	)%
Federal funds sold and securities borrowed or purchased under agreements to resell	303,925			348,129			383,217			274,066			239,006			220,169			(20	)%
Brokerage receivables	51,976			61,144			69,062			57,359			65,653			62,492			9	%
Trading account assets	460,065			538,316			581,220			538,984			578,437			505,439			(6	)%
Investments	286,567			257,880			240,828			215,008			204,155			232,528			8	%
Loans, net of unearned income
Consumer	519,105			551,223			570,891			592,307			596,987			571,238			(4	)%
Corporate	174,239			191,701			203,078			185,686			192,856			175,552			(5	)%
Loans, net of unearned income	693,344			742,924			773,969			777,993			789,843			746,790			(4	)%
Allowance for loan losses	(9,510		)	(10,381		)	(12,728		)	(16,117		)	(18,257		)	(20,777		)	(29	)%
Total loans, net	683,834			732,543			761,241			761,876			771,586			726,013			(5	)%
Goodwill	34,380			39,231			39,949			41,204			43,622			42,537			3	%
Intangible assets	19,330			22,975			23,651			22,687			23,945			24,542			8	%
Other assets	111,562			119,116			162,159			168,875			169,289			161,101			(5	)%
Assets of discontinued operations held for sale	—			—			—			—			—			12,946

Total assets	$	2,020,966		$	2,220,866		$	2,358,266		$	2,187,631		$	2,199,848		$	2,100,536		(4	)%

Liabilities
Non-interest-bearing deposits in U.S. offices	$	39,296		$	41,740		$	38,842		$	40,859		$	43,779		$	49,636		21	%
Interest-bearing deposits in U.S. offices	198,840			196,481			211,147			225,198			226,285			210,981			(6	)%
Non-interest-bearing deposits in offices outside the U.S.	36,328			39,132			43,052			43,335			45,230			46,765			8	%
Interest-bearing deposits in offices outside the U.S.	464,057			494,408			519,809			516,838			515,914			496,260			(4	)%
Total deposits	738,521			771,761			812,850			826,230			831,208			803,642			(3	)%
Federal funds purchased and securities loaned or sold under agreements to repurchase	393,670			394,143			440,369			304,243			279,561			246,107			(19	)%
Brokerage payables	88,722			96,528			94,830			84,951			95,597			96,432			14	%
Trading account liabilities	173,902			217,992			215,623			182,082			201,986			189,468			4	%
Short-term borrowings	111,179			167,139			194,304			146,488			135,799			114,445			(22	)%
Long-term debt	310,768			340,077			364,526			427,112			424,959			417,928			(2	)%
Other liabilities (2)	82,121			105,472			108,651			102,927			102,519			95,502			(7	)%
Liabilities of discontinued operations held for sale	—			—			—			—			—			456			—
Total liabilities	1,898,883			2,093,112			2,231,153			2,074,033			2,071,629			1,963,980			(5	)%

Stockholders’ equity
Preferred Stock	1,000			600			200			—			19,384			27,424			—
Common Stock	55			55			55			55			55			57			4	%
Additional paid-in capital	17,341			17,725			18,297			18,007			11,131			16,594			(8	)%
Retained earnings	131,395			134,932			134,445			121,920			115,050			110,441			(9	)%
Treasury stock	(23,833		)	(22,588		)	(22,329		)	(21,724		)	(10,020		)	(9,911		)	54	%
Accumulated other comprehensive income (loss)	(3,875		)	(2,970		)	(3,555		)	(4,660		)	(7,381		)	(8,049		)	(73	)%

Total stockholders’ equity	122,083			127,754			127,113			113,598			128,219			136,556			20	%

Total liabilities and stockholders’ equity	$	2,020,966		$	2,220,866		$	2,358,266		$	2,187,631		$	2,199,848		$	2,100,536		(4	)%

(1)	Preliminary

(2)	Includes allowance for credit losses for letters of credit and unfunded lending commitments of $1,100 million for the first and second quarters of 2007, $1,150 million for the third quarter of 2007 and $1,250 million for the fourth quarter of 2007, respectively, $1,250 million for the first quarter of 2008 and $1,107 for the second quarter of 2008, respectively.

NM Not meaningful

Reclassified to conform to the current period’s presentation.

CITIGROUP — NET INCOME

SEGMENT VIEW

(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)
Global Cards:
North America	$	872		$	711		$	808		$	322		$	537		$	178		(75	)%	$	1,583		$	715		(55	)%
EMEA	45			53			38			131			55			19			(64	)%	98			74			(24	)%
Latin America	235			184			563			251			516			165			(10	)%	419			681			63	%
Asia	105			109			41			241			131			105			(4	)%	214			236			10	%

Total Global Cards	1,257			1,057			1,450			945			1,239			467			(56	)%	2,314			1,706			(26	)%

Consumer Banking:
North America	750			891			59			(920		)	(333		)	(951		)	NM		1,641			(1,284		)	NM
EMEA	33			89			13			72			1			65			(27	)%	122			66			(46	)%
Latin America	169			183			102			206			271			76			(58	)%	352			347			(1	)%
Asia	306			310			23			200			199			110			(65	)%	616			309			(50	)%

Total Consumer Banking	1,258			1,473			197			(442		)	138			(700		)	NM		2,731			(562		)	NM

Institutional Clients Group (ICG):
North America	1,261			1,461			(720		)	(8,735		)	(5,955		)	(2,853		)	NM		2,722			(8,808		)	NM
EMEA	694			804			(26		)	(3,372		)	(1,142		)	(89		)	NM		1,498			(1,231		)	NM
Latin America	366			391			407			466			382			402			3	%	757			784			4	%
Asia	596			728			606			918			358			496			(32	)%	1,324			854			(35	)%

Total Institutional Clients Group (ICG)	2,917			3,384			267			(10,723		)	(6,357		)	(2,044		)	NM		6,301			(8,401		)	NM

Global Wealth Management:
North America	361			334			334			386			165			309			(7	)%	695			474			(32	)%
EMEA	7			46			4			20			26			20			(57	)%	53			46			(13	)%
Latin America	15			29			12			16			26			15			(48	)%	44			41			(7	)%
Asia	65			103			140			102			77			61			(41	)%	168			138			(18	)%

Total Global Wealth Management	448			512			490			524			294			405			(21	)%	960			699			(27	)%

Corporate / Other	(912		)	(283		)	(225		)	(167		)	(437		)	(345		)	(22	)%	(1,195		)	(782		)	35	%

Income (Loss) From Continuing Operations	4,968			6,143			2,179			(9,863		)	(5,123		)	(2,217		)	NM		11,111			(7,340		)	NM

Discontinued Operations	44			83			33			30			12			(278		)			127			(266		)

Net Income (Loss)	$	5,012		$	6,226		$	2,212		$	(9,833	)	$	(5,111	)	$	(2,495	)	NM		$	11,238		$	(7,606	)	NM

NM Not meaningful

Reclassified to conform to the current period’s presentation.

CITIGROUP — NET INCOME

REGIONAL VIEW

(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

North America
Global Cards	$	872		$	711		$	808		$	322		$	537		$	178		(75	)%	$	1,583		$	715		(55	)%
Consumer Banking	750			891			59			(920		)	(333		)	(951		)	NM		1,641			(1,284		)	NM
Institutional Clients Group	1,261			1,461			(720		)	(8,735		)	(5,955		)	(2,853		)	NM		2,722			(8,808		)	NM
Securities & Banking	1,227			1,409			(780		)	(8,785		)	(6,034		)	(2,904		)	NM		2,636			(8,938		)	NM
Transaction Services	34			52			60			50			79			51			(2	)%	86			130			51	%
Global Wealth Management	361			334			334			386			165			309			(7	)%	695			474			(32	)%

Total North America	3,244			3,397			481			(8,947		)	(5,586		)	(3,317		)	NM		6,641			(8,903		)	NM

EMEA
Global Cards	45			53			38			131			55			19			(64	)%	98			74			(24	)%
Consumer Banking	33			89			13			72			1			65			(27	)%	122			66			(46	)%
Institutional Clients Group	694			804			(26		)	(3,372		)	(1,142		)	(89		)	NM		1,498			(1,231		)	NM
Securities & Banking	544			631			(205		)	(3,543		)	(1,364		)	(327		)	NM		1,175			(1,691		)	NM
Transaction Services	150			173			179			171			222			238			38	%	323			460			42	%
Global Wealth Management	7			46			4			20			26			20			(57	)%	53			46			(13	)%

Total EMEA	779			992			29			(3,149		)	(1,060		)	15			(98	)%	1,771			(1,045		)	NM

Latin America
Global Cards	235			184			563			251			516			165			(10	)%	419			681			63	%
Consumer Banking	169			183			102			206			271			76			(58	)%	352			347			(1	)%
Institutional Clients Group	366			391			407			466			382			402			3	%	757			784			4	%
Securities & Banking	289			301			297			334			250			260			(14	)%	590			510			(14	)%
Transaction Services	77			90			110			132			132			142			58	%	167			274			64	%
Global Wealth Management	15			29			12			16			26			15			(48	)%	44			41			(7	)%

Total Latin America	785			787			1,084			939			1,195			658			(16	)%	1,572			1,853			18	%

Asia
Global Cards	105			109			41			241			131			105			(4	)%	214			236			10	%
Consumer Banking	306			310			23			200			199			110			(65	)%	616			309			(50	)%
Institutional Clients Group	596			728			606			918			358			496			(32	)%	1,324			854			(35	)%
Securities & Banking	409			527			364			604			59			226			(57	)%	936			285			(70	)%
Transaction Services	187			201			242			314			299			270			34	%	388			569			47	%
Global Wealth Management	65			103			140			102			77			61			(41	)%	168			138			(18	)%

Total Asia	1,072			1,250			810			1,461			765			772			(38	)%	2,322			1,537			(34	)%

Corporate / Other	(912		)	(283		)	(225		)	(167		)	(437		)	(345		)	(22	)%	(1,195		)	(782		)	35	%

Income (Loss) From Continuing Operations	4,968			6,143			2,179			(9,863		)	(5,123		)	(2,217		)	NM		11,111			(7,340		)	NM

Discontinued Operations	44			83			33			30			12			(278		)			127			(266		)

Net Income (Loss)	$	5,012		$	6,226		$	2,212		$	(9,833	)	$	(5,111	)	$	(2,495	)	NM		$	11,238		$	(7,606	)	NM

NM Not meaningful

Reclassified to conform to the current period’s presentation.

CITIGROUP — NET REVENUES

SEGMENT VIEW

(In millions of dollars)

												2Q08 vs.		Six		Six		YTD 2008 vs.
	1Q	2Q		3Q		4Q		1Q		2Q		2Q07 Increase/		Months		Months		YTD 2007 Increase/
	2007	2007		2007		2007		2008		2008		(Decrease)		2007		2008		(Decrease)

Global Cards:
North America	$3,407	$3,298		$3,510		$3,678		$3,343		$2,928		(11	)%	$6,705		$6,271		(6	)%
EMEA	377	506		599		600		622		652		29	%	883		1,274		44	%
Latin America	867	990		1,728		1,218		1,776		1,229		24	%	1,857		3,005		62	%
Asia	513	531		538		818		675		659		24	%	1,044		1,334		28	%
Total Global Cards	5,164	5,325		6,375		6,314		6,416		5,468		3	%	10,489		11,884		13	%

Consumer Banking:
North America	4,058	4,224		4,164		4,545		4,485		4,124		(2	)%	8,282		8,609		4	%
EMEA	1,070	1,113		1,141		1,247		1,241		1,296		16	%	2,183		2,537		16	%
Latin America	946	996		1,071		1,172		1,048		1,038		4	%	1,942		2,086		7	%
Asia	1,458	1,475		1,442		1,422		1,558		1,431		(3	)%	2,933		2,989		2	%
Total Consumer Banking	7,532	7,808		7,818		8,386		8,332		7,889		1	%	15,340		16,221		6	%

Institutional Clients Group (ICG):
North America	4,245	4,026		110		(11,421	)	(7,824	)	(1,748	)	NM		8,271		(9,572	)	NM
EMEA	2,827	2,993		1,398		(2,983	)	133		1,740		(42	)%	5,820		1,873		(68	)%
Latin America	965	985		1,103		1,153		1,012		1,075		9	%	1,950		2,087		7	%
Asia	1,616	2,257		2,006		2,460		1,721		1,872		(17	)%	3,873		3,593		(7	)%
Total Institutional Clients Group (ICG)	9,653	10,261		4,617		(10,791	)	(4,958	)	2,939		(71	)%	19,914		(2,019	)	NM

Global Wealth Management:
North America	2,385	2,441		2,455		2,509		2,376		2,427		(1	)%	4,826		4,803		—
EMEA	108	137		139		159		170		153		12	%	245		323		32	%
Latin America	91	92		92		98		100		102		11	%	183		202		10	%
Asia	234	527		833		698		633		633		20	%	761		1,266		66	%
Total Global Wealth Management	2,818	3,197		3,519		3,464		3,279		3,315		4	%	6,015		6,594		10	%

Corporate / Other	17	(261	)	(139	)	(370	)	(49	)	(959	)	NM		(244	)	(1,008	)	NM

Total Net Revenues	$25,184	$26,330		$22,190		$7,003		$13,020		$18,652		(29	)%	$51,514		$31,672		(39	)%

NM Not meaningful

Reclassified to conform to the current period’s presentation.

CITIGROUP — NET REVENUES

REGIONAL VIEW

(In millions of dollars)

																		2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q		2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007		2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

North America
Global Cards	$	3,407	$	3,298		$	3,510		$	3,678		$	3,343		$	2,928		(11	)%	$	6,705		$	6,271		(6	)%
Consumer Banking	4,058		4,224			4,164			4,545			4,485			4,124			(2	)%	8,282			8,609			4	%
Institutional Clients Group	4,245		4,026			110			(11,421		)	(7,824		)	(1,748		)	NM		8,271			(9,572		)	NM
Securities & Banking	3,907		3,655			(336		)	(11,889		)	(8,317		)	(2,244		)	NM		7,562			(10,561		)	NM
Transaction Services	338		371			446			468			493			496			34	%	709			989			39	%
Global Wealth Management	2,385		2,441			2,455			2,509			2,376			2,427			(1	)%	4,826			4,803			—
Total North America	14,095		13,989			10,239			(689		)	2,380			7,731			(45	)%	28,084			10,111			(64	)%

EMEA
Global Cards	377		506			599			600			622			652			29	%	883			1,274			44	%
Consumer Banking	1,070		1,113			1,141			1,247			1,241			1,296			16	%	2,183			2,537			16	%
Institutional Clients Group	2,827		2,993			1,398			(2,983		)	133			1,740			(42	)%	5,820			1,873			(68	)%
Securities & Banking	2,229		2,313			674			(3,762		)	(680		)	871			(62	)%	4,542			191			(96	)%
Transaction Services	598		680			724			779			813			869			28	%	1,278			1,682			32	%
Global Wealth Management	108		137			139			159			170			153			12	%	245			323			32	%
Total EMEA	4,382		4,749			3,277			(977		)	2,166			3,841			(19	)%	9,131			6,007			(34	)%

Latin America
Global Cards	867		990			1,728			1,218			1,776			1,229			24	%	1,857			3,005			62	%
Consumer Banking	946		996			1,071			1,172			1,048			1,038			4	%	1,942			2,086			7	%
Institutional Clients Group	965		985			1,103			1,153			1,012			1,075			9	%	1,950			2,087			7	%
Securities & Banking	730		724			812			812			680			707			(2	)%	1,454			1,387			(5	)%
Transaction Services	235		261			291			341			332			368			41	%	496			700			41	%
Global Wealth Management	91		92			92			98			100			102			11	%	183			202			10	%
Total Latin America	2,869		3,063			3,994			3,641			3,936			3,444			12	%	5,932			7,380			24	%

Asia
Global Cards	513		531			538			818			675			659			24	%	1,044			1,334			28	%
Consumer Banking	1,458		1,475			1,442			1,422			1,558			1,431			(3	)%	2,933			2,989			2	%
Institutional Clients Group	1,616		2,257			2,006			2,460			1,721			1,872			(17	)%	3,873			3,593			(7	)%
Securities & Banking	1,137		1,722			1,398			1,749			1,012			1,205			(30	)%	2,859			2,217			(22	)%
Transaction Services	479		535			608			711			709			667			25	%	1,014			1,376			36	%
Global Wealth Management	234		527			833			698			633			633			20	%	761			1,266			66	%
Total Asia	3,821		4,790			4,819			5,398			4,587			4,595			(4	)%	8,611			9,182			7	%

Corporate / Other	17		(261		)	(139		)	(370		)	(49		)	(959		)	NM		(244		)	(1,008		)	NM

Total Net Revenues	$	25,184	$	26,330		$	22,190		$	7,003		$	13,020		$	18,652		(29	)%	$	51,514		$	31,672		(39	)%

NM Not meaningful

Reclassified to conform to the current period’s presentation.

GLOBAL CARDS

Page 1

(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

Net Interest Revenue	$	2,305		$	2,683		$	2,744		$	3,031		$	2,730		$	3,024		13	%	$	4,988		$	5,754		15	%
Non-Interest Revenue	2,859			2,642			3,631			3,283			3,686			2,444			(7	)%	5,501			6,501			11	%
Total Revenues, Net of Interest Expense (1)	5,164			5,325			6,375			6,314			6,416			5,468			3	%	10,489			11,884			13	%
Total Operating Expenses	2,412			2,490			2,624			3,095			2,610			2,725			9	%	4,902			5,335			9	%
Net Credit Losses	870			850			1,049			1,123			1,252			1,417			67	%	1,720			2,669			55	%
Credit Reserve Build / (Release)	(9		)	425			506			653			623			582			37	%	416			1,205			NM
Provision for Benefits & Claims	20			13			20			15			20			24			85	%	33			44			33	%
Provision for Loan Losses and for Benefits and Claims	881			1,288			1,575			1,791			1,895			2,023			57	%	2,169			3,918			81	%
Income Before Taxes and Minority Interest	1,871			1,547			2,176			1,428			1,911			720			(53	)%	3,418			2,631			(23	)%
Income Taxes	613			487			723			479			669			249			(49	)%	1,100			918			(17	)%
Minority Interest	1			3			3			4			3			4			33	%	4			7			75	%
Net Income	$	1,257		$	1,057		$	1,450		$	945		$	1,239		$	467		(56	)%	$	2,314		$	1,706		(26	)%

Average Assets (in billions of dollars)	$	105		$	110		$	114		$	124		$	124		$	124		13	%	$	108		$	124		15	%
Return on Assets	4.86		%	3.85		%	5.05		%	3.02		%	4.02		%	1.51		%			4.32		%	2.77		%
Net Credit Loss Ratio	4.70		%	4.26		%	5.00		%	4.78		%	5.39		%	6.18		%

Average Risk Capital	$	8,216		$	8,417		$	8,738		$	9,412		$	14,799		$	15,265		81	%	$	8,517		$	15,032		81	%
Return on Risk Capital	62		%	50		%	66		%	40		%	34		%	12		%			56		%	23		%
Return on Invested Capital	26		%	22		%	29		%	18		%	18		%	7		%			24		%	12		%

KEY INDICATORS

EOP Open Accounts (in millions)
North America	152.6			150.1			149.1			151.9			148.6			146.9			(2	)%
EMEA	6.3			8.7			8.9			9.1			9.5			9.6			10	%
Latin America	11.7			12.0			12.4			12.9			12.9			12.9			8	%
Asia	13.8			14.1			14.3			15.4			15.7			15.7			11	%
Total	184.4			184.9			184.7			189.3			186.7			185.1			0	%

Purchase Sales (in billions of dollars)
North America	$	73.8		$	83.5		$	83.1		$	89.3		$	76.9		$	83.8		0	%
EMEA	4.3			6.4			7.5			8.3			7.6			8.1			27	%
Latin America	5.8			6.8			7.4			8.4			8.2			8.8			29	%
Asia	11.6			12.6			13.1			14.8			14.7			15.3			21	%
Total	$	95.5		$	109.3		$	111.1		$	120.8		$	107.4		$	116.0		6	%

Average Managed Loans (2):
North America (managed basis)	$	144.3		$	143.2		$	145.3		$	150.5		$	152.7		$	151.2		6	%
EMEA	7.8			12.1			14.8			15.8			16.4			17.2			42	%
Latin America	10.2			11.7			12.3			13.5			14.1			14.7			26	%
Asia	13.2			13.9			14.8			16.0			17.1			17.6			27	%
Total	$	175.5		$	180.9		$	187.2		$	195.8		$	200.3		$	200.7		11	%

(1) The 2007 first quarter, 2007 second quarter, 2007 third quarter, 2007 fourth quarter, 2008 first quarter and 2008 second quarter include releases of $98 million, $144 million, $73 million, $157 million, $58 million and $21 million, respectively, from the allowance for credit losses related to loan receivables that were either securitized or transferred to loans held-for-sale during the quarter.

(2) Managed basis is applicable only in North America, as securitizations are not done in any other region.
Managed basis presentation includes results from both the on-balance sheet loans and off- balance sheet loans, and excludes the impact of card securitization activity.
Managed disclosures assume that securitized loans have not been sold and present the results of the securitized loans in the same manner as the Company’s owned loans.

NM Not meaningful

Reclassified to conform to the current period’s presentation.

GLOBAL CARDS

Page 2

(In millions of dollars)

	1Q		2Q		3Q		4Q		1Q		2Q
	2007		2007		2007		2007		2008		2008

KEY INDICATORS (continued) (1)

Managed Average Yield
North America (managed basis)	14.21	%	14.17	%	14.40	%	13.87	%	13.41	%	13.24	%
EMEA	17.67	%	16.34	%	16.10	%	15.28	%	15.62	%	15.29	%
Latin America	28.28	%	29.24	%	28.68	%	26.27	%	28.44	%	30.36	%
Asia	13.72	%	14.04	%	13.78	%	13.89	%	13.82	%	13.79	%
Global Total	15.13	%	15.27	%	15.41	%	14.83	%	14.67	%	14.72	%

Managed Net Interest Revenue as a % of Average Managed Loans
North America (managed basis)	10.07	%	10.28	%	10.50	%	10.07	%	10.09	%	10.56	%
EMEA	13.28	%	13.99	%	13.05	%	11.65	%	12.28	%	12.27	%
Latin America	21.25	%	23.90	%	23.26	%	21.13	%	22.93	%	25.51	%
Asia	10.17	%	10.49	%	10.16	%	10.21	%	10.04	%	9.85	%
Global Total	10.86	%	11.43	%	11.52	%	10.97	%	11.17	%	11.74	%

Coincident Managed Net Credit Loss Ratio
North America (managed basis)	4.60	%	4.51	%	4.51	%	5.10	%	5.81	%	6.53	%
EMEA	3.21	%	2.71	%	4.79	%	0.81	%	3.53	%	3.89	%
Latin America	8.75	%	6.84	%	9.65	%	9.01	%	10.25	%	11.41	%
Asia	3.19	%	3.32	%	3.11	%	3.06	%	3.17	%	3.37	%
Global Total	4.67	%	4.45	%	4.76	%	4.85	%	5.71	%	6.38	%

Managed Net Credit Margin as a % of Average Managed Loans
North America (managed basis)	7.48	%	7.43	%	8.03	%	7.67	%	7.14	%	6.52	%
EMEA	16.46	%	14.02	%	11.25	%	14.29	%	11.72	%	11.36	%
Latin America	25.89	%	26.98	%	46.08	%	26.73	%	40.43	%	22.23	%
Asia	12.53	%	12.02	%	11.32	%	17.27	%	12.69	%	11.73	%
Global Total	9.32	%	9.49	%	11.04	%	10.30	%	10.33	%	8.54	%

Managed Loans 90+ Days Past Due as a % of EOP Managed Loans
North America (managed basis)	1.57	%	1.47	%	1.60	%	1.77	%	1.96	%	2.02	%
EMEA	1.91	%	1.99	%	1.79	%	1.52	%	1.61	%	1.80	%
Latin America	3.39	%	3.79	%	3.67	%	3.92	%	3.75	%	4.16	%
Asia	1.59	%	1.43	%	1.43	%	1.50	%	1.49	%	1.53	%
Global Total	1.70	%	1.66	%	1.74	%	1.88	%	2.02	%	2.11	%

(1) Managed basis is applicable only in North America, as securitizations are not done in any other region.
Managed basis presentation includes results from both the on-balance sheet loans and off- balance sheet loans, and excludes the impact of card securitization activity.
Managed disclosures assume that securitized loans have not been sold and present the results of the securitized loans in the same manner as the Company’s owned loans.

Reclassified to conform to the current period’s presentation.

GLOBAL CARDS

Page 3

North America

(In millions of dollars)

																				2Q08 vs.
		1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/
		2007			2007			2007			2007			2008			2008			(Decrease)

SUPPLEMENTAL DISCLOSURE - MANAGED BASIS (1)

Managed Revenues: (in millions of dollars)
Total GAAP Revenues		$	3,407		$	3,298		$	3,510		$	3,678		$	3,343		$	2,928		(11	)%
Net Impact of Cardit Card Securitization Activity (2)		929			998			1,124			1,200			1,610			2,016			NM
Total Managed Revenues		$	4,336		$	4,296		$	4,634		$	4,878		$	4,953		$	4,944		15	%

Return on Managed Assets		2.26		%	1.84		%	2.04		%	0.79		%	1.32		%	0.44		%

Average Managed Loans
(in billions of dollars)
	Securitized	$	97.4		$	97.6		$	101.0		$	99.8		$	105.8		$	107.4		10	%
	Held for Sale	3.0			3.3			3.0			2.7			1.0			1.0			(70	)%
	On Balance Sheet	43.9			42.3			41.3			48.0			45.9			42.8			1	%
	Total	$	144.3		$	143.2		$	145.3		$	150.5		$	152.7		$	151.2		6	%

	Citi Branded	$	92.6		$	91.6		$	92.4		$	95.3		$	96.8		$	96.6		5	%
	Retail Partners	51.7			51.6			52.9			55.2			55.9			54.6			6	%
	Total	$	144.3		$	143.2		$	145.3		$	150.5		$	152.7		$	151.2		6	%

EOP Managed Loans
	Citi Branded	$	91.6		$	92.9		$	93.6		$	98.7		$	96.3		$	96.0		3	%
	Retail Partners	50.9			52.3			53.8			57.9			54.4			55.2			6	%
	Total	$	142.5		$	145.2		$	147.4		$	156.6		$	150.7		$	151.2		4	%

Managed Average Yield (3)
	Citi Branded	12.31		%	12.25		%	12.50		%	12.12		%	11.46		%	11.19		%	(9	)%
	Retail Partners	17.60		%	17.59		%	17.71		%	16.90		%	16.77		%	16.87		%	(4	)%
	Total	14.21		%	14.17		%	14.40		%	13.87		%	13.41		%	13.24		%	(7	)%

Managed Net Interest Revenue
(in millions of dollars) (4)
	Citi Branded	$	1,784		$	1,797		$	1,885		$	1,886		$	1,894		$	1,998		11	%
	Retail Partners	1,798			1,873			1,962			1,935			1,935			1,971			5	%
	Total	$	3,582		$	3,670		$	3,847		$	3,821		$	3,829		$	3,969		8	%

Managed Net Interest Revenue as
a % of Average Managed Loans
	Citi Branded	7.81		%	7.87		%	8.09		%	7.85		%	7.87		%	8.32		%
	Retail Partners	14.10		%	14.56		%	14.71		%	13.91		%	13.92		%	14.52		%
	Total	10.07		%	10.28		%	10.50		%	10.07		%	10.09		%	10.56		%

Managed Net Credit Margin
(in millions of dollars) (5)
	Citi Branded	$	1,644		$	1,593		$	1,732		$	1,790		$	1,658		$	1,459		(8	)%
	Retail Partners	1,017			1,059			1,210			1,121			1,053			993			(6	)%
	Total	$	2,661		$	2,652		$	2,942		$	2,911		$	2,711		$	2,452		(8	)%

Managed Net Credit Margin as
a % of Average Managed Loans
	Citi Branded	7.20		%	6.98		%	7.44		%	7.45		%	6.89		%	6.07		%
	Retail Partners	7.98		%	8.23		%	9.07		%	8.06		%	7.58		%	7.31		%
	Total	7.48		%	7.43		%	8.03		%	7.67		%	7.14		%	6.52		%

Managed Net Credit Losses
	Citi Branded	$	876		$	878		$	900		$	1,034		$	1,187		$	1,375		57	%
	Retail Partners	759			733			753			899			1,018			1,078			47	%
	Total	$	1,635		$	1,611		$	1,653		$	1,933		$	2,205		$	2,453		52	%

Coincident Managed Net
Credit Loss Ratio:
	Citi Branded	3.84		%	3.84		%	3.86		%	4.30		%	4.93		%	5.72		%	49	%
	Retail Partners	5.95		%	5.70		%	5.65		%	6.46		%	7.32		%	7.94		%	39	%
	Total	4.60		%	4.51		%	4.51		%	5.10		%	5.81		%	6.53		%	45	%

Managed Loans 90+Days Past Due
	Citi Branded	$	1,191		$	1,138		$	1,248		$	1,489		$	1,616		$	1,674		47	%
	Retail Partners	1,045			997			1,112			1,286			1,337			1,376			38	%
	Total	$	2,236		$	2,135		$	2,360		$	2,775		$	2,953		$	3,050		43	%

% of EOP Managed Loans
	Citi Branded	1.30		%	1.22		%	1.33		%	1.51		%	1.68		%	1.74		%	43	%
	Retail Partners	2.05		%	1.91		%	2.07		%	2.22		%	2.46		%	2.49		%	30	%
	Total	1.57		%	1.47		%	1.60		%	1.77		%	1.96		%	2.02		%	37	%

(2) Net impact of Securitization Activity includes the removal of securitization-related items that are part of GAAP revenues such as the gain on sale of credit card loans, mark-to-market revenue for interests retained in securitized assets classified as Trading, and net credit losses on loans that are considered sold for GAAP purposes.

(3) Gross interest revenue earned divided by average managed loans.

(4) Includes certain fees that are recorded as interest revenue.

(5) Total Revenues, net of Interest Expense, less Net Credit Losses and Policy Benefits and Claims.

NM Not meaningful

Reclassified to conform to the current period’s presentation.

CONSUMER BANKING
Page 1
(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)
CONSUMER BANKING

Net Interest Revenue	$	5,296		$	5,491		$	5,546		$	5,590		$	5,959		$	6,093		11	%	$	10,787		$	12,052		12	%
Non-Interest Revenue	2,236			2,317			2,272			2,796			2,373			1,796			(22	)%	4,553			4,169			(8	)%
Total Revenues, Net of Interest Expense	7,532			7,808			7,818			8,386			8,332			7,889			1	%	15,340			16,221			6	%
Total Operating Expenses	4,050			4,227			4,519			4,503			4,590			4,726			12	%	8,277			9,316			13	%
Net Credit Losses	1,242			1,224			1,492			1,869			2,413			2,650			NM		2,466			5,063			NM
Credit Reserve Build / (Release)	314			60			1,504			2,856			1,147			1,657			NM		374			2,804			NM
Provision for Benefits & Claims	190			158			183			182			203			191			21	%	348			394			13	%
Provision for Loan Losses and for Benefits and Claims	1,746			1,442			3,179			4,907			3,763			4,498			NM		3,188			8,261			NM
Income Before Taxes and Minority Interest	1,736			2,139			120			(1,024		)	(21		)	(1,335		)	NM		3,875			(1,356		)	NM
Income Taxes	469			649			(84		)	(592		)	(161		)	(644		)	NM		1,118			(805		)	NM
Minority Interest, Net of Tax	9			17			7			10			2			9			(47	)%	26			11			(58	)%
Net Income	$	1,258		$	1,473		$	197		$	(442	)	$	138		$	(700	)	NM		$	2,731		$	(562	)	NM

Average Assets (in billions of dollars)	$	574		$	602		$	594		$	587		$	587		$	589		(2	)%	$	588		$	588		—
Return on Assets	0.89		%	0.98		%	0.13		%	(0.30		)%	0.09		%	(0.48		)%			0.94		%	(0.19		)%
Average Risk Capital	$	20,920		$	22,746		$	21,811		$	20,909		$	28,088		$	30,742		35	%	$	21,834		$	29,415		35	%
Return on Risk Capital	24		%	26		%	4		%	(8		)%	2		%	(9		)%			25		%	(4		)%
Return on Invested Capital	13		%	14		%	2		%	(3		)%	1		%	(5		)%			15		%	(2		)%

CONSUMER FINANCE JAPAN

Net Interest Revenue	$	415		$	344		$	263		$	113		$	264		$	173		(50	)%	$	759		$	437		(42	)%
Non-Interest Revenue	7			1			1			13			13			3			NM		8			16			100	%
Total Revenues, Net of Interest Expense	422			345			264			126			277			176			(49	)%	767			453			(41	)%
Total Operating Expenses	126			102			251			97			95			101			(1	)%	228			196			(14	)%
Net Credit Losses	302			302			324			314			317			314			4	%	604			631			4	%
Credit Reserve Build / (Release)	4			14			161			—			—			—			(100	)%	18			—			(100	)%
Provision for Benefits & Claims	—			—			—			—			—			—			—		—			—			—
Provision for Loan Losses and for Benefits and Claims	306			316			485			314			317			314			(1	)%	622			631			1	%
Income Before Taxes and Minority Interest	(10		)	(73		)	(472		)	(285		)	(135		)	(239		)	NM		(83		)	(374		)	NM
Income Taxes	(12		)	(33		)	(174		)	(101		)	(49		)	(85		)	NM		(45		)	(134		)	NM
Minority Interest, Net of Tax	—			—			—			—			—			—			—		—			—			—
Net Income	$	2		$	(40	)	$	(298	)	$	(184	)	$	(86	)	$	(154	)	NM		$	(38	)	$	(240	)	NM
Average Assets (in billions of dollars)	$	10		$	10		$	9		$	9		$	9		$	8		(20	)%	$	10		$	9		(10	)%
Return on Assets	0.08		%	(1.60		)%	(13.14		)%	(8.11		)%	(3.84		)%	(7.74		)%			(0.77		)%	(5.36		)%

CONSUMER BANKING EXCLUDING CONSUMER FINANCE JAPAN

Net Interest Revenue	$	4,881		$	5,147		$	5,283		$	5,477		$	5,695		$	5,920		15	%	$	10,028		$	11,615		16	%
Non-Interest Revenue	2,229			2,316			2,271			2,783			2,360			1,793			(23	)%	4,545			4,153			(9	)%
Total Revenues, Net of Interest Expense	7,110			7,463			7,554			8,260			8,055			7,713			3	%	14,573			15,768			8	%
Total Operating Expenses	3,924			4,125			4,268			4,406			4,495			4,625			12	%	8,049			9,120			13	%
Net Credit Losses	940			922			1,168			1,555			2,096			2,336			NM		1,862			4,432			NM
Credit Reserve Build / (Release)	310			46			1,343			2,856			1,147			1,657			NM		356			2,804			NM
Provision for Benefits & Claims	190			158			183			182			203			191			21	%	348			394			13	%
Provision for Loan Losses and for Benefits and Claims	1,440			1,126			2,694			4,593			3,446			4,184			NM		2,566			7,630			NM
Income Before Taxes and Minority Interest	1,746			2,212			592			(739		)	114			(1,096		)	NM		3,958			(982		)	NM
Income Taxes	481			682			90			(491		)	(112		)	(559		)	NM		1,163			(671		)	NM
Minority Interest, Net of Tax	9			17			7			10			2			9			(47	)%	26			11			(58	)%
Net Income	$	1,256		$	1,513		$	495		$	(258	)	$	224		$	(546	)	NM		$	2,769		$	(322	)	NM

Average Assets (in billions of dollars)	$	564		$	592		$	585		$	578		$	578		$	581		(2	)%	$	578		$	580		—
Return on Assets	0.90		%	1.03		%	0.34		%	(0.18		)%	0.16		%	(0.38		)%			0.97		%	(0.11		)%

NM Not meaningful

Reclassified to conform to the current period’s presentation.

CONSUMER BANKING
Page 2
(In millions of dollars)

													2Q08 vs.
	1Q		2Q		3Q		4Q		1Q		2Q		2Q07 Increase/
	2007		2007		2007		2007		2008		2008		(Decrease)

KEY INDICATORS

Branches
Citibank	3,976		4,098		4,149		4,327		4,385		4,360		6	%
CitiFinancial (excluding Consumer Finance Japan)	4,112		4,052		4,093		4,148		4,014		3,904		(4	)%
	8,088		8,150		8,242		8,475		8,399		8,264		1	%
Consumer Finance Japan	51		51		51		51		41		36		(29	)%
Total	8,139		8,201		8,293		8,526		8,440		8,300		1	%

North America	3,487		3,432		3,481		3,544		3,568		3,556		4	%
EMEA	1,023		1,023		1,033		1,051		1,093		1,026		0	%
Latin America	2,510		2,626		2,651		2,734		2,634		2,635		0	%
Asia (excluding CF Japan)	1,068		1,069		1,077		1,146		1,104		1,047		(2	)%
	8,088		8,150		8,242		8,475		8,399		8,264		1	%
Consumer Finance Japan	51		51		51		51		41		36		(29	)%
Total	8,139		8,201		8,293		8,526		8,440		8,300		1	%

Accounts (in millions)
North America	31.5		30.7		31.5		31.9		32.7		32.4		6	%
EMEA	11.1		12.6		12.7		12.8		13.0		13.1		4	%
Latin America	18.4		17.4		18.0		18.8		18.2		18.8		8	%
Asia (excluding Consumer Finance Japan)	17.2		17.7		18.2		19.8		20.1		20.1		14	%
	78.2		78.4		80.4		83.3		84.0		84.4		8	%
Consumer Finance Japan	1.4		1.3		1.2		1.2		1.1		1.1		(15	)%
Total	79.6		79.7		81.6		84.5		85.1		85.5		7	%

Average Deposits (in billions of dollars)
North America	$	117.4	$	118.7	$	120.8	$	122.0	$	122.7	$	121.8	3	%
EMEA	33.9		42.6		48.0		48.6		50.5		50.5		19	%
Latin America	34.3		38.1		39.0		40.3		41.4		41.3		8	%
Asia	86.6		87.7		88.8		92.9		97.7		96.8		10	%
Total	$	272.2	$	287.1	$	296.6	$	303.8	$	312.3	$	310.4	8	%

Investment Sales (in billions of dollars)
North America	$	1.5	$	1.4	$	1.3	$	1.4	$	1.5	$	1.3	(7	)%
EMEA	6.2		6.6		6.6		6.6		5.9		4.9		(26	)%
Latin America	18.3		17.5		16.2		13.2		14.6		15.4		(12	)%
Asia	10.9		13.6		13.8		16.0		10.0		9.5		(30	)%
Total	$	36.9	$	39.1	$	37.9	$	37.3	$	32.0	$	31.1	(20	)%

Investment AUMs (in billions of dollars)
North America	$	34.9	$	37.0	$	37.9	$	37.5	$	34.4	$	34.4	(7	)%
EMEA	29.0		31.5		33.1		34.3		33.2		30.9		(2	)%
Latin America	30.2		32.1		33.4		33.9		34.5		37.4		17	%
Asia	48.1		52.4		57.1		59.1		54.3		53.1		1	%
Total	$	142.2	$	153.0	$	161.5	$	164.8	$	156.4	$	155.8	2	%

Reclassified to conform to the current period’s presentation.

CONSUMER BANKING
Page 3
(In millions of dollars)

																			2Q08 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)

KEY INDICATORS (Continued):

Average Loans (in billions of dollars)
North America	$	277.3		$	286.0		$	293.2		$	302.6		$	307.2		$	305.1		7	%
EMEA	31.3			36.0			38.5			40.5			41.1			42.5			18	%
Latin America	11.2			13.1			13.9			14.6			14.6			15.6			19	%
Asia (excluding CF Japan)	43.4			45.3			46.4			49.5			51.9			51.6			14	%
	363.2			380.4			392.0			407.2			414.8			414.8			9	%
Consumer Finance Japan	9.0			8.5			8.5			8.5			8.9			8.4			(2	)%
Total	$	372.2		$	388.9		$	400.5		$	415.7		$	423.7		$	423.2		9	%

EOP Loans (in billions of dollars)
North America	$	280.3		$	288.2		$	298.5		$	303.2		$	306.1		$	291.9		1	%
EMEA	31.6			37.4			39.2			39.6			42.2			43.1			15	%
Latin America	11.7			13.5			14.1			14.9			14.6			15.8			17	%
Asia (excluding CF Japan)	44.4			45.8			47.8			51.1			52.1			51.8			13	%
	368.0			384.9			399.6			408.8			415.0			402.6			5	%
Consumer Finance Japan	9.0			8.2			8.5			8.3			9.1			8.2			—
Total	$	377.0		$	393.1		$	408.1		$	417.1		$	424.1		$	410.8		5	%

Net Interest Revenue as a% of Average Loans
North America	3.35		%	3.29		%	3.25		%	3.25		%	3.41		%	3.64		%
EMEA	7.50		%	6.73		%	6.66		%	7.11		%	6.99		%	6.99		%
Latin America	9.74		%	9.38		%	9.08		%	9.30		%	9.76		%	8.76		%
Asia (excluding CF Japan)	3.09		%	3.14		%	3.16		%	3.12		%	3.21		%	3.24		%
	3.87		%	3.81		%	3.78		%	3.83		%	3.96		%	4.13		%
Consumer Finance Japan	16.33		%	13.50		%	9.42		%	2.52		%	10.56		%	8.21		%
Total	4.17		%	4.02		%	3.90		%	3.81		%	4.10		%	4.21		%

Net Credit Losses as a% of Average Loans
North America	0.84		%	0.87		%	1.01		%	1.40		%	2.02		%	2.33		%
EMEA	3.31		%	2.29		%	2.47		%	2.67		%	2.86		%	2.51		%
Latin America	1.41		%	0.46		%	2.51		%	2.96		%	3.78		%	4.08		%
Asia (excluding CF Japan)	0.66		%	0.72		%	0.78		%	0.82		%	0.98		%	1.16		%
	1.05		%	0.97		%	1.18		%	1.52		%	2.03		%	2.27		%
Consumer Finance Japan	13.61		%	14.20		%	15.12		%	14.66		%	14.33		%	15.03		%
Total	1.35		%	1.26		%	1.48		%	1.78		%	2.29		%	2.52		%

Loans 90+ Days Past Due as a% of EOP Loans
North America	1.37		%	1.49		%	1.80		%	2.13		%	2.38		%	2.76		%
EMEA	1.35		%	1.15		%	1.15		%	1.00		%	1.08		%	1.21		%
Latin America	2.96		%	2.86		%	2.96		%	3.07		%	3.98		%	3.54		%
Asia (excluding CF Japan)	0.53		%	0.53		%	0.55		%	0.54		%	0.57		%	0.63		%
	1.31		%	1.39		%	1.63		%	1.86		%	2.08		%	2.35		%
Consumer Finance Japan	2.35		%	2.53		%	2.53		%	2.20		%	2.35		%	2.44		%
Total	1.34		%	1.42		%	1.65		%	1.86		%	2.08		%	2.35		%

NM Not meaningful

Reclassified to conform to the current period’s presentation.

CONSUMER BANKING
Page 4
North America
(In billions of dollars)

																			2Q08 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)

KEY INDICATORS (Continued):

RESIDENTIAL REAL ESTATE LENDING
Average Loans	$	202.2		$	210.2		$	214.2		$	219.5		$	219.9		$	215.3		2	%
EOP Loans	$	205.2		$	211.6		$	218.0		$	218.6		$	217.6		$	207.0		(2	)%
Originations (1)	$	42.3		$	49.6		$	39.4		$	32.0		$	37.2		$	28.5		(43	)%
Third Party Mortgage Servicing Portfolio (EOP)	$	580.2		$	585.3		$	575.1		$	599.6		$	645.7		$	648.5		11	%
Net Servicing & Gain/(Loss) on Sale - (in millions of dollars)	$	51.8		$	129.6		$	163.7		$	340.4		$	192.4		$	(374.0	)	NM
Net Interest Revenue (in millions of dollars)	$	1,217		$	1,242		$	1,228		$	1,169		$	1,311		$	1,365		10	%
% of Avg. Loans	2.44		%	2.37		%	2.27		%	2.11		%	2.40		%	2.55		%
Net Credit Losses (in millions of dollars)	$	178		$	216		$	304		$	489		$	887		$	1,092		NM
% of Avg. Loans	0.36		%	0.41		%	0.56		%	0.88		%	1.62		%	2.04		%
Loans 90+ Days Past Due (in millions of dollars)	$	2,426		$	2,910		$	3,835		$	4,849		$	5,654		$	6,460		NM
% of EOP Loans	1.18		%	1.38		%	1.76		%	2.22		%	2.60		%	3.12		%

AUTO LOANS
Average Loans	$	16.6		$	18.2		$	19.1		$	20.1		$	21.2		$	21.0		15	%
EOP Loans	$	17.7		$	18.7		$	19.5		$	20.9		$	21.4		$	20.4		9	%
Originations	$	3.1		$	2.8		$	2.6		$	3.1		$	2.5		$	0.8		(71	)%
Net Interest Revenue (in millions of dollars)	$	335		$	352		$	358		$	370		$	387		$	387		10	%
% of Avg. Loans	8.20		%	7.76		%	7.44		%	7.30		%	7.34		%	7.41		%
Net Credit Losses (in millions of dollars)	$	139		$	101		$	147		$	208		$	228		$	196		94	%
% of Avg. Loans	3.40		%	2.23		%	3.05		%	4.11		%	4.33		%	3.75		%
Loans 90+ Days Past Due (in millions of dollars)	$	122		$	176		$	246		$	285		$	215		$	265		51	%
% of EOP Loans	0.69		%	0.94		%	1.26		%	1.36		%	1.00		%	1.30		%

STUDENT LOANS
Average Loans	$	22.5		$	20.9		$	21.2		$	22.0		$	24.0		$	24.9		19	%
EOP Loans	$	21.0		$	20.1		$	21.1		$	22.3		$	24.5		$	21.4		6	%
Originations	$	2.8		$	1.3		$	3.1		$	1.5		$	3.1		$	1.0		(23	)%
Net Interest Revenue (in millions of dollars)	$	85		$	90		$	87		$	82		$	80		$	115		28	%
% of Avg. Loans	1.53		%	1.73		%	1.63		%	1.48		%	1.34		%	1.86		%
Net Credit Losses (in millions of dollars)	$	4		$	6		$	8		$	12		$	13		$	16		NM
% of Avg. Loans	0.07		%	0.12		%	0.15		%	0.22		%	0.21		%	0.26		%
Loans 90+ Days Past Due (in millions of dollars)	$	879		$	806		$	776		$	721		$	796		$	699		(13	)%
% of EOP Loans	4.19		%	4.01		%	3.68		%	3.23		%	3.25		%	3.27		%

PERSONAL LOANS & OTHER
Average Loans	$	16.9		$	17.3		$	18.4		$	19.6		$	20.4		$	20.9		21	%
EOP Loans	$	16.9		$	17.8		$	19.0		$	20.2		$	20.4		$	21.3		20	%
Net Interest Revenue - Loans (in millions of dollars)	$	673		$	706		$	749		$	800		$	809		$	832		18	%
Net Interest Revenue - Other (in millions of dollars)	431			461			449			458			473			588			28	%
Net Interest Revenue - Total (in millions of dollars)	$	1,104		$	1,167		$	1,198		$	1,258		$	1,282		$	1,420		22	%
% of Avg. Loans	16.15		%	16.37		%	16.15		%	16.19		%	15.95		%	16.01		%
Net Credit Losses (in millions of dollars)	$	251		$	273		$	284		$	348		$	398		$	444		63	%
% of Avg. Loans	6.02		%	6.33		%	6.12		%	7.04		%	7.85		%	8.54		%
Loans 90+ Days Past Due (in millions of dollars)	$	367		$	361		$	453		$	520		$	523		$	523		45	%
% of EOP Loans	2.17		%	2.03		%	2.38		%	2.57		%	2.56		%	2.46		%

COMMERCIAL LOANS
Average Loans	$	19.1		$	19.4		$	20.3		$	21.4		$	21.7		$	23.0		19	%
EOP Loans	$	19.5		$	20.0		$	20.9		$	21.2		$	22.2		$	21.8		9	%
Net Interest Revenue (in millions of dollars)	$	190		$	185		$	201		$	209		$	218		$	234		26	%
% of Avg. Loans	4.03		%	3.82		%	3.93		%	3.87		%	4.04		%	4.09		%
Net Credit Losses (in millions of dollars)	$	4		$	24		$	5		$	14		$	13		$	16		(33	)%
% of Avg. Loans	0.08		%	0.50		%	0.10		%	0.25		%	0.24		%	0.28		%
Loans 90+ Days Past Due (in millions of dollars)	$	34		$	46		$	63		$	78		$	101		$	123		NM
% of EOP Loans	0.17		%	0.23		%	0.30		%	0.37		%	0.46		%	0.56		%

(1) Excludes CitiFinancial, which are debt Consolidation Loans secured by Real Estate.

NM Not meaningful

Reclassified to conform to the current period’s presentation.

INSTITUTIONAL CLIENTS GROUP
(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

Commissions and Fees	$	862		$	852		$	988		$	1,002		$	936		$	958		12	%	1,714			1,894			11	%
Administration and Other Fiduciary Fees	981			1,201			1,376			1,424			1,359			1,394			16	%	2,182			2,753			26	%
Investment Banking	1,508			1,422			(34		)	1,097			(2,425		)	746			(48	)%	2,930			(1,679		)	NM
Principal Transactions	2,845			2,439			(1,421		)	(19,030		)	(8,238		)	(4,541		)	NM		5,284			(12,779		)	NM
Other	1,022			1,537			334			1,093			(893		)	(441		)	NM		2,559			(1,334		)	NM
Total Non-Interest Revenue	7,218			7,451			1,243			(14,414		)	(9,261		)	(1,884		)	NM		14,669			(11,145		)	NM
Net Interest Revenue (including Dividends)	2,435			2,810			3,374			3,623			4,303			4,823			72	%	5,245			9,126			74	%

Total Revenues, Net of Interest Expense	9,653			10,261			4,617			(10,791		)	(4,958		)	2,939			(71	)%	19,914			(2,019		)	NM
Total Operating Expenses	5,391			5,349			4,463			6,033			5,970			5,858			10	%	10,740			11,828			10	%
Net Credit Losses	(20		)	(37		)	35			695			101			357			NM		(57		)	458			NM
Provision for Unfunded Lending Commitments	—			—			50			100			—			(143		)	—		—			(143		)	—
Credit Reserve Build / (Release)	274			(19		)	120			187			144			367			NM		255			511			100	%
Provision for Benefits & Claims	52			26			33			44			52			45			73	%	78			97			24	%
Provision for Loan Losses and for Benefits and Claims	306			(30		)	238			1,026			297			626			NM		276			923			NM
Income (Loss) Before Taxes and Minority Interest	3,956			4,942			(84		)	(17,850		)	(11,225		)	(3,545		)	NM		8,898			(14,770		)	NM
Income Taxes (Benefits)	1,003			1,470			(320		)	(7,207		)	(4,832		)	(1,562		)	NM		2,473			(6,394		)	NM
Minority Interest, Net of Tax	36			88			(31		)	80			(36		)	61			(31	)%	124			25			(80	)%
Net Income (Loss)	$	2,917		$	3,384		$	267		$	(10,723	)	$	(6,357	)	$	(2,044	)	NM		$	6,301		$	(8,401	)	NM

Average Assets (in billions of dollars)	$	1,156		$	1,290		$	1,434		$	1,414		$	1,440		$	1,411		9	%	$	1,223		$	1,426		17	%

Average Risk Capital	$	29,473		$	32,853		$	37,419		$	45,405		$	54,862		$	54,053		65	%	$	31,163		$	54,458		75	%
Return on Risk Capital	40		%	41		%	3		%	(94		)%	(47		)%	(15		)%			41		%	(31		)%
Return on Invested Capital	30		%	31		%	1		%	(73		)%	(36		)%	(11		)%			31		%	(24		)%

Revenues by Product:
Securities and Banking	$	8,003		$	8,414		$	2,548		$	(13,090	)	$	(7,305	)	$	539		(94	)%	$	16,417		$	(6,766	)	NM
Transactions Services	1,650			1,847			2,069			2,299			2,347			2,400			30	%	3,497			4,747			36	%

Total	$	9,653		$	10,261		$	4,617		$	(10,791	)	$	(4,958	)	$	2,939		(71	)%	$	19,914		$	(2,019	)	NM

Net Income by Product:
Securities and Banking	$	2,469		$	2,868		$	(324	)	$	(11,390	)	$	(7,089	)	$	(2,745	)	NM		$	5,337		$	(9,834	)	NM
Transactions Services	448			516			591			667			732			701			36	%	964			1,433			49	%
Total	$	2,917		$	3,384		$	267		$	(10,723	)	$	(6,357	)	$	(2,044	)	NM		$	6,301		$	(8,401	)	NM

NM Not meaningful

Reclassified to conform to the current period’s presentation.

INSTITUTIONAL CLIENTS GROUP
SECURITIES AND BANKING
(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months		��	Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)
Net Interest Revenue	$	1,594		$	1,882		$	2,342		$	2,480		$	3,102		$	3,612		92	%	$	3,476		$	6,714		93	%
Non-Interest Revenue	6,409			6,532			206			(15,570		)	(10,407		)	(3,073		)	NM		12,941			(13,480		)	NM

Total Revenues, Net of Interest Expense	8,003			8,414			2,548			(13,090		)	(7,305		)	539			(94	)%	16,417			(6,766		)	NM
Total Operating Expenses	4,352			4,220			3,235			4,666			4,671			4,486			6	%	8,572			9,157			7	%
Net Credit Losses	(25		)	(38		)	31			681			101			348			NM		(63		)	449			NM
Provision for Unfunded Lending Commitments	—			—			50			100			—			(143		)	—		—			(143		)	—
Credit Reserve Build / (Release)	274			(12		)	120			216			142			358			NM		262			500			91	%
Provision for Benefits & Claims	52			26			33			44			52			45			73	%	78			97			24	%
Provision for Loan Losses and for Benefits and Claims	301			(24		)	234			1,041			295			608			NM		277			903			NM
Income (Loss) Before Taxes and Minority Interest	3,350			4,218			(921		)	(18,797		)	(12,271		)	(4,555		)	NM		7,568			(16,826		)	NM
Income Taxes (Benefits)	849			1,266			(561		)	(7,480		)	(5,138		)	(1,862		)	NM		2,115			(7,000		)	NM
Minority Interest, Net of Tax	32			84			(36		)	73			(44		)	52			(38	)%	116			8			(93	)%
Net Income (Loss)	$	2,469		$	2,868		$	(324	)	$	(11,390	)	$	(7,089	)	$	(2,745	)	NM		$	5,337		$	(9,834	)	NM

Average Assets (in billions of dollars)	$	1,086		$	1,212		$	1,355		$	1,336		$	1,363		$	1,332		10	%	$	1,149		$	1,348		17	%

Average Risk Capital	$	28,031		$	31,210		$	35,592		$	43,598		$	52,617		$	51,944		66	%	$	29,621		$	52,281		76	%
Return on Risk Capital	36		%	37		%	(4		)%	(104		)%	(54		)%	(21		)%			36		%	(38		)%
Return on Invested Capital	27		%	26		%	(4		)%	(82		)%	(43		)%	(16		)%			27		%	(29		)%

Revenue Details:
Investment Banking:
Advisory and Other Fees	$	429		$	397		$	465		$	553		$	307		$	386		(3	)%	$	826		$	693		(16	)%
Equity Underwriting	523			539			401			473			229			518			(4	)%	1,062			747			(30	)%
Debt Underwriting	813			712			(172		)	439			(2,082		)	(277		)	NM		1,525			(2,359		)	NM
Gross Investment Banking	1,765			1,648			694			1,465			(1,546		)	627			(62	)%	3,413			(919		)	NM
Revenue Allocated to the Global Wealth Management Segment:
Equity Underwriting	(136		)	(137		)	(83		)	(88		)	(54		)	(86		)	37	%	(273		)	(140		)	49	%
Debt Underwriting	(34		)	(42		)	(31		)	(34		)	(67		)	(88		)	NM		(76		)	(155		)	NM
Net Investment Banking	1,595			1,469			580			1,343			(1,667		)	453			(69	)%	3,064			(1,214		)	NM
Lending	570			504			638			1,269			584			95			(81	)%	1,074			679			(37	)%
Equity Markets	1,483			1,582			1,062			770			979			1,398			(12	)%	3,065			2,377			(22	)%
Fixed Income Markets	4,451			4,652			944			(16,105		)	(7,023		)	(633		)	NM		9,103			(7,656		)	NM
Other Securities and Banking	(96		)	207			(676		)	(367		)	(178		)	(774		)	NM		111			(952		)	NM

Total Securities and Banking Revenues	8,003			8,414			2,548			(13,090		)	(7,305		)	539			(94	)%	16,417			(6,766		)	NM

NM Not meaningful

Reclassified to conform to the current period’s presentation.

INSTITUTIONAL CLIENTS GROUP
TRANSACTION SERVICES
(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)
Net Interest Revenue	$	841		$	928		$	1,032		$	1,143		$	1,201		$	1,211		30	%	$	1,769		$	2,412		36	%
Non-Interest Revenue	809			919			1,037			1,156			1,146			1,189			29	%	1,728			2,335			35	%
Total Revenues, Net of Interest Expense	1,650			1,847			2,069			2,299			2,347			2,400			30	%	3,497			4,747			36	%
Total Operating Expenses	1,039			1,129			1,228			1,367			1,299			1,372			22	%	2,168			2,671			23	%
Net Credit Losses	5			1			4			14			—			9			NM		6			9			50	%
Provision for Unfunded Lending Commitments	—			—			—			—			—			—					—			—			—
Credit Reserve Build / (Release)	—			(7		)	—			(29		)	2			9			NM		(7		)	11			NM
Provision for Benefits & Claims	—			—			—			—			—			—			—		—			—			—
Provision for Loan Losses and for Benefits and Claims	5			(6		)	4			(15		)	2			18			NM		(1		)	20			NM
Income (Loss) Before Taxes and Minority Interest	606			724			837			947			1,046			1,010			40	%	1,330			2,056			55	%
Income Taxes (Benefits)	154			204			241			273			306			300			47	%	358			606			69	%
Minority Interest, Net of Tax	4			4			5			7			8			9			NM		8			17			NM
Net Income	$	448		$	516		$	591		$	667		$	732		$	701		36	%	964			1,433			49	%

Average Assets (in billions of dollars)	$	70		$	78		$	79		$	78		$	77		$	79		1	%	$	74		$	78		5	%

Average Risk Capital	$	1,442		$	1,643		$	1,827		$	1,807		$	2,245		$	2,109		28	%	$	1,543		$	2,177		41	%
Return on Risk Capital	126		%	126		%	128		%	146		%	131		%	134		%			126		%	132		%
Return on Invested Capital	67		%	69		%	67		%	69		%	66		%	63		%			68		%	65		%

Revenue Details:
Treasury and Trade Solutions	$	1,143		$	1,222		$	1,334		$	1,483		$	1,519		$	1,581		29	%	$	2,365		$	3,100		31	%
Securities Services	507			625			735			816			828			819			31	%	1,132			1,647			45	%
Total	$	1,650		$	1,847		$	2,069		$	2,299		$	2,347		$	2,400		30	%	$	3,497		$	4,747		36	%

Average Deposits and Other Customer Liability Balances (in billions)
North America	$	51		$	59		$	54		$	61		$	61		$	52		(12	)%
EMEA	79			88			94			99			105			110			25	%
Latin America	12			12			18			20			20			20			67	%
Asia	73			80			90			97			97			94			18	%

Total	$	215		$	239		$	256		$	277		$	283		$	276		15	%

Assets Under Custody (EOP in trillions)	$	10.7		$	11.3		12.7			$	13.1		$	12.9		$	12.8		13	%

NM Not meaningful

Reclassified to conform to the current period’s presentation.

GLOBAL WEALTH MANAGEMENT
Page 1
(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

Net Interest Revenue	$	529		$	526		$	538		$	581		$	570		$	599		14	%	$	1,055		$	1,169		11	%
Non-Interest Revenue	2,289			2,671			2,981			2,883			2,709			2,716			2	%	4,960			5,425			9	%

Total Revenues, Net of Interest Expense	2,818			3,197			3,519			3,464			3,279			3,315			4	%	6,015			6,594			10	%
Total Operating Expenses	2,103			2,461			2,621			2,664			2,796			2,634			7	%	4,564			5,430			19	%
Net Credit Losses	—			—			1			—			10			(1		)	—		—			9			—
Credit Reserve Build / (Release)	17			12			56			15			11			41			NM		29			52			79	%
Total Provision for Loan Losses	17			12			57			15			21			40			NM		29			61			NM
Income Before Taxes and Minority Interest	698			724			841			785			462			641			(11	)%	1,422			1,103			(22	)%
Income Taxes	250			197			312			260			159			232			18	%	447			391			(13	)%
Minority Interest, Net of Tax	—			15			39			1			9			4			(73	)%	15			13			(13	)%

Net Income	$	448		$	512		$	490		$	524		$	294		$	405		(21	)%	$	960		$	699		(27	)%

Pretax Profit Margin	25		%	23		%	24		%	23		%	14		%	19		%			24		%	17		%

Average Assets (in billions of dollars)	$	65		$	78		$	97		$	104		$	107		$	110		41	%	$	72		$	109

Average Risk Capital	$	2,879		$	2,878		$	3,164		$	3,781		$	4,509		$	4,131		44	%	$	2,879		$	4,320		50	%
Return on Risk Capital	63		%	71		%	61		%	55		%	26		%	39		%			67		%	33		%
Return on Invested Capital	39		%	30		%	23		%	24		%	11		%	15		%			34		%	13		%

Fee-Based Revenues	$	1,775		$	1,879		$	2,011		$	2,065		$	1,960		$	1,951		4	%

Financial Advisors (FA) / Bankers	13,605			15,595			15,458			15,454			15,241			14,983			(4	)%

Net Client Asset Flows (in billions)	$	6		$	—		$	8		$	1		$	(1	)	$	(11	)	—

Revenues:

Smith Barney	$	2,246		$	2,611		$	2,902		$	2,782		$	2,648		$	2,715		4	%	$	4,857		$	5,363		10	%
Private Bank	572			586			617			682			631			600			2	%	1,158			1,231			6	%

Total Revenues	$	2,818		$	3,197		$	3,519		$	3,464		$	3,279		$	3,315		4	%	$	6,015		$	6,594		10	%

NM Not meaningful

Reclassified to conform to the current period’s presentation.

GLOBAL WEALTH MANAGEMENT

Page 2

													2Q08 vs.
	1Q		2Q		3Q		4Q		1Q		2Q		2Q07 Increase/
	2007		2007		2007		2007		2008		2008		(Decrease)

KEY INDICATORS (in billions of dollars, except for branches)

Client Assets Under Fee-Based Management
North America	$	377	$	398	$	402	$	391	$	364	$	357	(10	)%
EMEA	19		21		21		21		20		19		(10	)%
Latin America	13		14		14		14		13		13		(7	)%
Asia	9		76		78		81		84		80		5	%
Total	$	418	$	509	$	515	$	507	$	481	$	469	(8	)%

Average Deposits and Other Customer Liability Balances
North America	$	67.6	$	66.6	$	69.4	$	73.0	$	80.0	$	78.0	17	%
EMEA	18.0		19.0		22.0		23.0		22.0		18.0		(5	)%
Latin America	7.0		9.0		9.0		10.0		9.0		9.0		—
Asia	19.4		18.4		18.6		21.0		21.0		22.0		20	%
Total	$	112.0	$	113.0	$	119.0	$	127.0	$	132.0	$	127.0	12	%

Total Client Assets (1)
North America	$	1,312	$	1,375	$	1,389	$	1,356	$	1,273	$	1,242	(10	)%
EMEA	65		69		72		69		65		63		(9	)%
Latin America	44		48		49		47		47		47		(2	)%
Asia	72		296		310		312		322		310		5	%
Total	$	1,493	$	1,788	$	1,820	$	1,784	$	1,707	$	1,662	(7	)%

Average Loans
North America	$	30.4	$	32.4	$	34.2	$	38.0	$	39.9	$	39.0	20	%
EMEA	5.4		7.3		8.9		8.8		9.2		10.0		37	%
Latin America	2.2		2.2		2.6		2.6		2.5		3.0		36	%
Asia	8.0		9.1		11.3		11.6		12.4		13.0		43	%
Total	46.0		51.0		57.0		61.0		64.0		65.0		27	%

Offices
North America	642		700		697		683		683		674		(4	)%
EMEA	27		28		28		29		29		29		4	%
Latin America	13		12		13		13		11		11		(8	)%
Asia	23		132		133		136		136		134		2	%
Total	705		872		871		861		859		848		(3	)%

(1) Total Client Assets include Average Deposits and Other Customer Liability Balances.

Reclassified to conform to the current period’s presentation.

NORTH AMERICA

(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

Net Interest Revenue	$	5,246		$	5,676		$	5,876		$	6,535		$	6,691		$	7,180		26	%	$	10,922		$	13,871		27	%
Non-Interest Revenue	8,849			8,313			4,363			(7,224		)	(4,311		)	551			(93	)%	17,162			(3,760		)	NM

Total Revenues, Net of Interest Expense	14,095			13,989			10,239			(689		)	2,380			7,731			(45	)%	28,084			10,111			(64	)%
Total Operating Expenses	7,716			7,352			6,844			8,274			8,277			8,146			11	%	15,068			16,423			9	%
Net Credit Losses	1,053			1,092			1,227			2,308			2,190			2,663			NM		2,145			4,853			NM
Credit Reserve Build / (Release)	267			238			1,359			3,534			1,477			2,044			NM		505			3,521			NM
Provision for Benefits & Claims	209			170			188			193			222			214			26	%	379			436			15	%

Provision for Loan Losses and for Benefits and Claims	1,529			1,500			2,774			6,035			3,889			4,921			NM		3,029			8,810			NM
Income (Loss) Before Taxes and Minority Interest	4,850			5,137			621			(14,998		)	(9,786		)	(5,336		)	NM		9,987			(15,122		)	NM
Income Taxes (Benefits)	1,576			1,674			143			(6,060		)	(4,165		)	(2,070		)	NM		3,250			(6,235		)	NM
Minority Interest, Net of Tax	30			66			(3		)	9			(35		)	51			(23	)%	96			16			(83	)%

Net Income (Loss)	$	3,244		$	3,397		$	481		$	(8,947	)	$	(5,586	)	$	(3,317	)	NM		$	6,641		$	(8,903	)	NM
Average Assets (in billions of dollars)	$	1,156		$	1,215		$	1,254		$	1,262		$	1,289		$	1,328		9	%	$	1,186		$	1,309		10	%
Return on Assets	1.14		%	1.12		%	0.15		%	(2.81		)%	(1.74		)%	(1.00		)%			1.13		%	(1.37		)%

Key Drivers (in billions of dollars, except branches):

Average Loans
Managed Cards	$	144.3		$	143.2		$	145.3		$	150.5		$	152.7		$	151.2		6	%
Consumer Banking	277.3			286.0			293.2			302.6			307.2			305.1			7	%
Corporate	30.8			35.0			43.3			41.9			49.3			44.9			28	%
Global Wealth Management	30.4			32.4			34.2			38.0			39.9			39.0			20	%
Total	$	482.8		$	496.6		$	516.0		$	533.0		$	549.1		$	540.2		9	%

Average Consumer Banking Loans
Residential Real Estate	$	202.2		$	210.2		$	214.2		$	219.5		$	219.9		$	215.3		2	%
Auto	16.6			18.2			19.1			20.1			21.2			21.0			15	%
Student	22.5			20.9			21.2			22.0			24.0			24.9			19	%
Personal and Other	16.9			17.3			18.4			19.6			20.4			20.9			21	%
Commercial	19.1			19.4			20.3			21.4			21.7			23.0			19	%
Total	$	277.3		$	286.0		$	293.2		$	302.6		$	307.2		$	305.1		7	%

Average Deposits (and other Customer Liability Balances)
Checking, Savings & Money Market Deposits	$	88.1		$	90.7		$	90.6		$	90.0		$	92.7		$	97.4		7	%
Time Deposits, CDs and Other	29.3			28.0			30.2			32.0			30.0			24.4			(13	)%
Consumer Banking Deposits	117.4			118.7			120.8			122.0			122.7			121.8			3	%
Transaction Services	51.0			59.0			54.0			61.0			61.0			52.0			(12	)%
Global Wealth Management	67.6			66.6			69.4			73.0			80.0			78.0			17	%
Total	$	236.0		$	244.3		$	244.2		$	256.0		$	263.7		$	251.8		3	%

Global Wealth Management Assets Under Fee-Based Management	$	377		$	398		$	402		$	391		$	364		$	357		(10	)%
Global Wealth Management Total Client Assets	$	1,312		$	1,375		$	1,389		$	1,356		$	1,273		$	1,242		(10	)%

Consumer Banking Investment Sales	$	1.5		$	1.4		$	1.3		$	1.4		$	1.5		$	1.3		(7	)%
Consumer Banking Investment AUMs	$	34.9		$	37.0		$	37.9		$	37.5		$	34.4		$	34.4		(7	)%

Branches / Offices
Citibank	993			1,001			1,015			1,046			1,051			1,030			3	%
CitiFinancial	2,494			2,431			2,466			2,498			2,517			2,526			4	%
Global Wealth Management Offices	642			700			697			683			683			674			(4	)%
Total	4,129			4,132			4,178			4,227			4,251			4,230			2	%

Consumer Loans Excluding GWM

Net Credit Loss Ratio	1.34		%	1.31		%	1.43		%	1.96		%	2.45		%	2.83		%

Loans 90+Days Past Due (in millions)	$	4,489		$	4,929		$	6,098		$	7,349		$	8,115		$	8,957		82	%
% of EOP Loans	1.40		%	1.50		%	1.80		%	2.10		%	2.34		%	2.70		%

NM Not meaningful

Reclassified to conform to the current period’s presentation.

EMEA

(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

Net Interest Revenue	$	1,713		$	2,139		$	2,231		$	2,247		$	2,435		$	2,707		27	%	$	3,852		$	5,142		33	%
Non-Interest Revenue	2,669			2,610			1,046			(3,224		)	(269		)	1,134			(57	)%	5,279			865			(84	)%
Total Revenues, Net of Interest Expense	4,382			4,749			3,277			(977		)	2,166			3,841			(19	)%	9,131			6,007			(34	)%
Total Operating Expenses	2,851			3,057			2,625			3,361			3,368			3,187			4	%	5,908			6,555			11	%
Net Credit Losses	318			274			456			439			484			550			NM		592			1,034			75	%
Credit Reserve Build / (Release)	243			78			344			192			95			149			91	%	321			244			(24	)%
Provision for Benefits & Claims	1			1			1			1			1			—			(100	)%	2			1			(50	)%
Provision for Loan Losses and for Benefits and Claims	562			353			801			632			580			699			98	%	915			1,279			40	%
Income (Loss) Before Taxes and Minority Interest	969			1,339			(149		)	(4,970		)	(1,782		)	(45		)	NM		2,308			(1,827		)	NM
Income Taxes (Benefits)	173			322			(199		)	(1,843		)	(743		)	(81		)	NM		495			(824		)	NM
Minority Interest, Net of Tax	17			25			21			22			21			21			(16	)%	42			42			0	%
Net Income (Loss)	$	779		$	992		$	29		$	(3,149	)	$	(1,060	)	$	15		(98	)%	$	1,771		$	(1,045	)	NM
Average Assets (in billions of dollars)	$	366		$	423		$	459		$	451		$	452		$	393		(7	)%	$	395		$	423		7	%
Return on Assets	0.86		%	0.94		%	0.03		%	(2.77		)%	(0.94		)%	0.02		%			0.90		%	(0.50		)%

Key Drivers (in billions of dollars, except branches):

Average Loans
Cards	$	7.8		$	12.1		$	14.8		$	15.8		$	16.4		$	17.2		42	%
Consumer Banking	31.3			36.0			38.5			40.5			41.1			42.5			18	%
Corporate	68.2			75.0			81.2			78.2			73.2			70.4			(6	)%
Global Wealth Management	5.4			7.3			8.9			8.8			9.2			10.0			37	%
Total	$	112.7		$	130.4		$	143.4		$	143.3		$	139.9		$	140.1		7	%

Average Consumer Banking Loans
Residential Real Estate	$	6.8		$	8.0		$	8.6		$	9.1		$	8.7		$	9.0		13	%
Personal	23.3			26.8			28.6			30.1			31.0			32.1			20	%
Commercial and other	1.2			1.2			1.3			1.3			1.4			1.4			17	%
Total	$	31.3		$	36.0		$	38.5		$	40.5		$	41.1		$	42.5		18	%

Average Deposits (and other Customer Liability Balances)
Consumer Banking Deposits	$	33.9		$	42.6		$	48.0		$	48.6		$	50.5		$	50.5		19	%
Transaction Services	79.0			88.0			94.0			99.0			105.0			110.0			25	%
Global Wealth Management	18.0			19.0			22.0			23.0			22.0			18.0			(5	)%
Total	$	130.9		$	149.6		$	164.0		$	170.6		$	177.5		$	178.5		19	%

Global Wealth Management Assets Under Fee-Based Management	$	19		$	21		$	21		$	21		$	20		$	19		(10	)%
Global Wealth Management Total Client Assets	$	65		$	69		$	72		$	69		$	65		$	63		(9	)%

Consumer Banking Investment Sales	$	6.2		$	6.6		$	6.6		$	6.6		$	5.9		$	4.9		(26	)%
Consumer Banking Investment AUMs	$	29.0		$	31.5		$	33.1		$	34.3		$	33.2		$	30.9		(2	)%

Branches / Offices
Citibank	717			715			723			734			776			767			7	%
CitiFinancial	306			308			310			317			317			259			(16	)%
Global Wealth Management Offices	27			28			28			29			29			29			4	%
Total	1,050			1,051			1,061			1,080			1,122			1,055			0	%

Consumer Loans Excluding GWM

Net Credit Loss Ratio	3.30		%	2.40		%	3.13		%	2.14		%	3.05		%	2.91		%

Loans 90+Days Past Due (in millions)	$	581		$	719		$	724		$	639		$	732		$	839		17	%
% of EOP Loans	1.47		%	1.39		%	1.33		%	1.15		%	1.23		%	1.38		%

NM Not meaningful

Reclassified to conform to the current period’s presentation.

LATIN AMERICA

(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

Net Interest Revenue	$	1,503		$	1,776		$	1,933		$	1,939		$	2,015		$	2,169		22	%	$	3,279		$	4,184		28	%
Non-Interest Revenue	1,366			1,287			2,061			1,702			1,921			1,275			(1	)%	2,653			3,196			20	%
Total Revenues, Net of Interest Expense	2,869			3,063			3,994			3,641			3,936			3,444			12	%	5,932			7,380			24	%
Total Operating Expenses	1,479			1,653			1,830			1,815			1,487			1,822			10	%	3,132			3,309			6	%
Net Credit Losses	246			175			361			381			503			575			NM		421			1,078			NM
Credit Reserve Build / (Release)	17			151			232			131			224			165			9	%	168			389			NM
Provision for Benefits & Claims	52			26			47			48			54			45			73	%	78			99			27	%
Provision for Loan Losses and for Benefits and Claims	315			352			640			560			781			785			NM		667			1,566			NM
Income Before Taxes and Minority Interest	1,075			1,058			1,524			1,266			1,668			837			(21	)%	2,133			2,505			17	%
Income Taxes	290			270			439			327			472			178			(34	)%	560			650			16	%
Minority Interest, Net of Tax	—			1			1			—			1			1			—		1			2			100	%
Net Income	$	785		$	787		$	1,084		$	939		$	1,195		$	658		(16	)%	$	1,572		$	1,853		18	%
Average Assets (in billions of dollars)	$	129		$	144		$	150		$	155		$	153		$	159		10	%	$	137		$	156		14	%
Return on Assets	2.47		%	2.19		%	2.87		%	2.40		%	3.14		%	1.66		%			2.31		%	2.39		%

Key Drivers (in billions of dollars, except branches):

Average Loans
Cards	$	10.2		$	11.7		$	12.3		$	13.5		$	14.1		$	14.7		26	%
Consumer Banking	11.2			13.1			13.9			14.6			14.6			15.6			19	%
Corporate	23.1			27.8			29.7			31.3			29.1			28.8			4	%
Global Wealth Management	2.2			2.2			2.6			2.6			2.5			3.0			36	%
Total	$	46.7		$	54.8		$	58.5		$	62.0		$	60.3		$	62.1		13	%

Average Consumer Banking Loans
Residential Real Estate	$	2.6		$	2.6		$	2.6		$	2.7		$	3.3		$	3.6		38	%
Personal	3.6			4.4			4.6			5.0			5.0			5.5			25	%
Commercial and other	5.0			6.1			6.7			6.9			6.3			6.5			7	%
Total	$	11.2		$	13.1		$	13.9		$	14.6		$	14.6		$	15.6		19	%

Average Deposits (and other Customer Liability Balances)
Consumer Banking Deposits	$	34.3		$	38.1		$	39.0		$	40.3		$	41.4		$	41.3		8	%
Transaction Services	12.0			12.0			18.0			20.0			20.0			20.0			67	%
Global Wealth Management	7.0			9.0			9.0			10.0			9.0			9.0			—
Total	$	53.3		$	59.1		$	66.0		$	70.3		$	70.4		$	70.3		19	%

Global Wealth Management Assets Under Fee-Based Management	$	13		$	14		$	14		$	14		$	13		$	13		(7	)%
Global Wealth Management Total Client Assets	$	44		$	48		$	49		$	47		$	47		$	47		(2	)%

Consumer Banking Investment Sales	$	18.3		$	17.5		$	16.2		$	13.2		$	14.6		$	15.4		(12	)%
Consumer Banking Investment AUMs	$	30.2		$	32.1		$	33.4		$	33.9		$	34.5		$	37.4		17	%

Branches / Offices
Citibank	1,838			1,954			1,977			2,063			2,066			2,071			6	%
CitiFinancial	672			672			674			671			568			564			(16	)%
Global Wealth Management Offices	13			12			13			13			11			11			(8	)%
Total	2,523			2,638			2,664			2,747			2,645			2,646			—

Consumer Loans Excluding GWM

Net Credit Loss Ratio	4.89		%	3.48		%	5.86		%	5.86		%	6.96		%	7.64		%

Loans 90+Days Past Due (in millions)	$	720		$	843		$	891		$	1,008		$	1,121		$	1,182		40	%
% of EOP Loans	3.18		%	3.30		%	3.30		%	3.48		%	3.86		%	3.84		%

NM Not meaningful

Reclassified to conform to the current period’s presentation.

ASIA

Page 1
(In millions of dollars)

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)
ASIA

Net Interest Revenue	$	2,103		$	1,920		$	2,162		$	2,105		$	2,419		$	2,484		29	%	$	4,023		$	4,903		22	%
Non-Interest Revenue	1,718			2,870			2,657			3,293			2,168			2,111			(26	)%	4,588			4,279			(7	)%
Total Revenues, Net of Interest Expense	3,821			4,790			4,819			5,398			4,587			4,595			(4	)%	8,611			9,182			7	%
Total Operating Expenses	1,909			2,465			2,928			2,843			2,834			2,788			13	%	4,374			5,622			29	%
Net Credit Losses	475			497			531			560			599			634			28	%	972			1,233			27	%
Credit Reserve Build / (Release)	68			11			301			(47		)	128			147			NM		79			275			NM
Provision for Benefits & Claims	—			—			—			—			—			—			—		—			—			—
Provision for Loan Losses and for Benefits and Claims	543			508			832			513			727			781			54	%	1,051			1,508			43	%
Income Before Taxes and Minority Interest	1,369			1,817			1,059			2,042			1,026			1,026			(44	)%	3,186			2,052			(36	)%
Income Taxes	297			533			249			518			273			250			(53	)%	830			523			(37	)%
Minority Interest, Net of Tax	—			34			—			63			(12		)	4			(88	)%	34			(8		)	NM
Net Income	$	1,072		$	1,250		$	810		$	1,461		$	765		$	772		(38	)%	$	2,322		$	1,537		(34	)%
Average Assets (in billions of dollars)	$	249		$	298		$	375		$	362		$	364		$	354		19	%	$	274		$	359		31	%
Return on Assets	1.75		%	1.68		%	0.86		%	1.60		%	0.85		%	0.88		%			1.71		%	0.86		%

CONSUMER FINANCE JAPAN

Net Interest Revenue	$	415		$	344		$	263		$	113		$	264		$	173		(50	)%	$	759		$	437		(42	)%
Non-Interest Revenue	7			1			1			13			13			3			NM		8			16			100	%
Total Revenues, Net of Interest Expense	422			345			264			126			277			176			(49	)%	767			453			(41	)%
Total Operating Expenses	126			102			251			97			95			101			(1	)%	228			196			(14	)%
Net Credit Losses	302			302			324			314			317			314			4	%	604			631			4	%
Credit Reserve Build / (Release)	4			14			161			—			—			—			(100	)%	18			—			(100	)%
Provision for Benefits & Claims	—			—			—			—			—			—			—		—			—			—
Provision for Loan Losses and for Benefits and Claims	306			316			485			314			317			314			(1	)%	622			631			1	%
Income Before Taxes and Minority Interest	(10		)	(73		)	(472		)	(285		)	(135		)	(239		)	NM		(83		)	(374		)	NM
Income Taxes	(12		)	(33		)	(174		)	(101		)	(49		)	(85		)	NM		(45		)	(134		)	NM
Minority Interest, Net of Tax	—			—			—			—			—			—			—		—			—			—
Net Income	$	2		$	(40	)	$	(298	)	$	(184	)	$	(86	)	$	(154	)	NM		$	(38	)	$	(240	)	NM
Average Assets (in billions of dollars)	$	10		$	10		$	9		$	9		$	9		$	8		(20	)%	$	10		$	9		(10	)%
Return on Assets	0.08		%	(1.60		)%	(13.14		)%	(8.11		)%	(3.84		)%	(7.74		)%			(0.77		)%	(5.36		)%

ASIA EXCLUDING CONSUMER FINANCE JAPAN

Net Interest Revenue	$	1,688		$	1,576		$	1,899		$	1,992		$	2,155		$	2,311		47	%	$	3,264		$	4,466		37	%
Non-Interest Revenue	1,711			2,869			2,656			3,280			2,155			2,108			(27	)%	4,580			4,263			(7	)%
Total Revenues, Net of Interest Expense	3,399			4,445			4,555			5,272			4,310			4,419			(1	)%	7,844			8,729			11	%
Total Operating Expenses	1,783			2,363			2,677			2,746			2,739			2,687			14	%	4,146			5,426			31	%
Net Credit Losses	173			195			207			246			282			320			64	%	368			602			64	%
Credit Reserve Build / (Release)	64			(3		)	140			(47		)	128			147			NM		61			275			NM
Provision for Benefits & Claims	—			—			—			—			—			—			—		—			—			—
Provision for Loan Losses and for Benefits and Claims	237			192			347			199			410			467			NM		429			877			NM
Income Before Taxes and Minority Interest	1,379			1,890			1,531			2,327			1,161			1,265			(33	)%	3,269			2,426			(26	)%
Income Taxes	309			566			423			619			322			335			(41	)%	875			657			(25	)%
Minority Interest, Net of Tax	—			34			—			63			(12		)	4			(88	)%	34			(8		)	NM
Net Income	$	1,070		$	1,290		$	1,108		$	1,645		$	851		$	926		(28	)%	$	2,360		$	1,777		(25	)%
Average Assets (in billions of dollars)	$	239		$	288		$	366		$	353		$	355		$	346		20	%	$	264		$	351		33	%
Return on Assets	1.82		%	1.80		%	1.20		%	1.85		%	0.96		%	1.08		%			1.80		%	1.02		%

NM Not meaningful

Reclassified to conform to the current period’s presentation.

ASIA

Page 2
(In millions of dollars)

																			2Q08 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)

Key Drivers (in billions of dollars, except branches):

Average Loans
Cards	$	13.2		$	13.9		$	14.8		$	16.0		$	17.1		$	17.6		27	%
Consumer Banking (excluding CF Japan)	43.4			45.3			46.4			49.5			51.9			51.6			14	%
Corporate	42.7			46.9			48.4			48.3			45.2			43.6			(7	)%
Global Wealth Management	8.0			9.1			11.3			11.6			12.4			13.0			43	%
	107.3			115.2			120.9			125.4			126.6			125.8			9	%
Consumer Finance Japan	9.0			8.5			8.5			8.5			8.9			8.4			(1	)%
Total	$	116.3		$	123.7		$	129.4		$	133.9		$	135.5		$	134.2		8	%

Average Consumer Banking Loans (excluding CF Japan)
Residential Real Estate	$	23.9		$	24.6		$	24.7		$	26.5		$	28.4		$	28.4		15	%
Personal	8.6			9.3			9.9			10.7			11.1			11.1			19	%
Commercial and other	10.9			11.4			11.8			12.3			12.4			12.1			6	%
Total	$	43.4		$	45.3		$	46.4		$	49.5		$	51.9		$	51.6		14	%

Average Deposits (and other Customer Liability Balances)
Consumer Banking Deposits	$	86.6		$	87.7		$	88.8		$	92.9		$	97.7		$	96.8		10	%
Transaction Services	73.0			80.0			90.0			97.0			97.0			94.0			18	%
Global Wealth Management	19.4			18.4			18.6			21.0			21.0			22.0			20	%
Total	$	179.0		$	186.1		$	197.4		$	210.9		$	215.7		$	212.8		14	%

Global Wealth Management Assets Under Fee-Based Management	$	9		$	76		$	78		$	81		$	84		$	80		5	%
Global Wealth Management Total Client Assets	$	72		$	296		$	310		$	312		$	322		$	310		5	%

Consumer Banking Investment Sales	$	10.9		$	13.6		$	13.8		$	16.0		$	10.0		$	9.5		(30	)%
Consumer Banking Investment AUMs	$	48.1		$	52.4		$	57.1		$	59.1		$	54.3		$	53.1		1	%

Branches / Offices
Citibank	428			428			434			484			492			492			15	%
CitiFinancial (excluding Japan)	640			641			643			662			612			555			(13	)%
Global Wealth Management Offices	23			132			133			136			136			134			2	%
	1,091			1,201			1,210			1,282			1,240			1,181			(2	)%
Consumer Finance Japan	51			51			51			51			41			36			(29	)%
Total	1,142			1,252			1,261			1,333			1,281			1,217			(3	)%

Consumer Loans Excluding GWM

Net Credit Loss Ratio	2.95		%	2.95		%	3.02		%	2.89		%	2.99		%	3.16		%

Loans 90+Days Past Due (in millions)	$	658		$	657		$	697		$	706		$	765		$	798		21	%
% of EOP Loans	0.99		%	0.96		%	0.98		%	0.93		%	0.98		%	1.03		%

Reclassified to conform to the current period’s presentation.

CITIGROUP — RETURN ON CAPITAL(1)

	Average Risk Capital ($M) (2)						Return on Risk Capital						Return on Invested Capital
	Second		First		Second		Second		First		Second		Second		First		Second
	Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter
	2007		2008		2008 (s)		2007		2008		2008		2007		2008		2008

Global Cards	$	8,417	$	14,799	$	15,265	50	%	34	%	12	%	22	%	18	%	7	%
Consumer Banking	22,746		28,088		30,742		26	%	2	%	(9	)%	14	%	1	%	-5	%
Institutional Clients Group (ICG):
Securities and Banking	31,210		52,617		51,944		37	%	(54	)%	(21	)%	28	%	(43	)%	(16	)%
Transaction Services	1,643		2,245		2,109		126	%	131	%	134	%	69	%	66	%	63	%
Total Institutional Clients Group (ICG)	32,853		54,862		54,053		41	%	(47	)%	(15	)%	31	%	(36	)%	(11	)%
Global Wealth Management	2,878		4,509		4,131		71	%	26	%	39	%	30	%	11	%	15	%

Corporate / Other	3,540		4,856		4,736		NM		NM		NM		NM		NM		NM

Total Citigroup - Risk Capital (2)	$	70,434	$	107,114	$	108,927	35	%	(19	)%	(8	)%

Total Citigroup - Return on Invested Capital (2) (3)													20	%	(19	)%	(10	)%

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

NM Not meaningful

Reclassified to conform to the current period’s presentation.

AVERAGE BALANCES AND INTEREST RATES (1)(2)(3)(4)(5)

	Average Volumes						Interest						% Average Rate (4)
	Second		First		Second		Second		First		Second		Second		First		Second
	Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter
In millions of dollars	2007		2008		2008(s)		2007		2008		2008		2007		2008		2008(s)
Assets:
Deposits with Banks	$	55,580	$	65,460	$	67,099	$	792	$	805	$	805	5.72	%	4.95	%	4.83	%
Fed Funds Sold and Resale Agreements (6)	320,811		282,315		241,854		4,662		3,172		2,377		5.83	%	4.52	%	3.95	%
Trading Account Assets (7)	444,473		434,869		410,346		4,385		4,799		4,644		3.96	%	4.44	%	4.55	%
Investments (1)	281,342		218,371		223,133		3,577		2,699		2,556		5.10	%	4.97	%	4.61	%
Consumer Loans	527,533		583,630		582,469		12,055		12,836		12,690		9.17	%	8.85	%	8.76	%
Corporate Loans	183,620		196,557		189,262		3,914		4,057		3,741		8.55	%	8.30	%	7.95	%
Total Loans (net of Unearned Income)	711,153		780,187		771,731		15,969		16,893		16,431		9.01	%	8.71	%	8.56	%
Other Interest-Earning Assets	82,459		119,148		94,129		984		1,334		1,089		4.79	%	4.50	%	4.65	%
Total Average Interest-Earning Assets	$	1,895,818	$	1,900,350	$	1,808,292	$	30,369	$	29,702	$	27,902	6.43	%	6.29	%	6.21	%

Liabilities:
Deposits	$	686,985	$	750,897	$	725,206	$	6,939	$	6,300	$	5,195	4.05	%	3.37	%	2.88	%
Fed Funds Purchased and Repurchase Agreements (6)	386,005		329,944		283,347		5,912		3,903		2,964		6.14	%	4.76	%	4.21	%
Trading Account Liabilities (7)	121,088		91,145		75,948		380		333		456		1.26	%	1.47	%	2.41	%
Short-Term Borrowings	237,039		234,446		221,334		1,937		1,450		1,065		3.28	%	2.49	%	1.94	%
Long-Term Debt (8)	291,520		339,577		351,785		3,803		4,317		3,917		5.23	%	5.11	%	4.48	%
Total Average Interest-Bearing Liabilities	$	1,722,637	$	1,746,009	$	1,657,620	$	18,971	$	16,303	$	13,597	4.42	%	3.76	%	3.30	%

Net Interest Revenue as a % of Average Interest-Earning Assets (NIM)							$	11,398	$	13,399	$	14,305	2.41	%	2.84	%	3.18	%

2Q08 Increase From													77	bps	34	bps

(1)	Interest Revenue excludes the taxable equivalent adjustments (based on the U.S. federal statutory tax rate of 35%) of $45 million for the 2007 second quarter, $48million for the 2008 first quarter and $65 million for the 2008 second quarter.
(2)	Citigroup Average Balances and Interest Rates include both domestic and international operations.
(3)	Monthly or quarterly averages have been used by certain subsidiaries where daily averages are unavailable.
(4)	Average Rate % is calculated as annualized interest over average volumes.
(5)	Preliminary
(6)	Average volumes of securities borrowed or purchased under agreements to resell and securities loaned or sold under agreements to repurchase are reported net pursuant to FIN 41; the related interest excludes the impact of FIN 41.
(7)	Interest expense on trading account liabilities of Markets and Banking is reported as a reduction of interest revenue. Interest revenue and interest expense on cash collateral positions are reported in trading account assets and trading account liabiliti
(8)	Excludes hybrid financial instruments and beneficial interests in consolidated VIEs that are classified as long-term debt as these obligations are accounted for at fair value with changes recorded in Principal Transactions.

	In addition, the majority of the funding provided by Corporate Treasury to CitiCapital operations is excluded from this line.

Reclassified to conform to the current period’s presentation.

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

										EOP											Average
	90 Days Or More Past Due (1)									Loans		Net Credit Losses (1)									Loans
	2Q07			1Q08			2Q08			2Q08		2Q07			1Q08			2Q08			2Q08
PRODUCT VIEW:
Global Cards
North America	$	630		$	826		$	887		$	40.2	$	453		$	614		$	687		$	42.8
Ratio	1.53		%	2.05		%	2.21		%			4.31		%	5.39		%	6.46		%
EMEA	287			276			319			17.7		82			144			166			17.2
Ratio	1.99		%	1.61		%	1.80		%			2.72		%	3.53		%	3.90		%
Latin America	456			539			625			15.0		200			359			417			14.7
Ratio	3.79		%	3.75		%	4.16		%			6.85		%	10.25		%	11.41		%
Asia	207			256			274			17.9		115			135			147			17.6
Ratio	1.43		%	1.49		%	1.53		%			3.31		%	3.17		%	3.36		%

Consumer Banking
North America	4,299			7,289			8,070			291.9		620			1,539			1,764			305.1
Ratio	1.49		%	2.38		%	2.76		%			0.87		%	2.02		%	2.33		%
EMEA	431			456			520			43.1		206			293			266			42.5
Ratio	1.15		%	1.08		%	1.21		%			2.29		%	2.86		%	2.51		%
Latin America	387			582			557			15.8		15			137			158			15.6
Ratio	2.86		%	3.98		%	3.54		%			0.46		%	4		%	4.08		%
Asia	450			509			524			60.0		383			444			462			60.0
Ratio	0.83		%	0.83		%	0.87		%			2.85		%	2.94		%	3.10		%

Global Wealth Management	6			31			80			65.7		—			10			(1		)	65.0
Ratio	0.01		%	0.05		%	0.13		%			0.00		%	0.06		%	(0.01		)%

On-Balance Sheet Loans (2)	$	7,153		$	10,764		$	11,856		$	567.3	$	2,074		$	3,675		$	4,066		$	580.5
Ratio	1.35		%	1.86		%	2.09		%			1.60		%	2.54		%	2.82		%

Securitized Receivables (all in NA Cards)	1,469			2,113			2,163			111.0		1,158			1,591			1,766			107.4
Loans Held-for-Sale	36			14			—			—		—			—			—			1.0
Managed Loans (3)	$	8,658		$	12,891		$	14,019		$	678.3	$	3,232		$	5,266		$	5,832		$	688.9
Ratio	1.36		%	1.87		%	2.07		%			2.08		%	3.08		%	3.40		%

REGIONAL VIEW:

North America	$	4,933		$	8,144		$	9,033		$	371.1	$	1,072		$	2,153		$	2,451		$	386.9
Ratio	1.36		%	2.10		%	2.43		%			1.20		%	2.20		%	2.55		%
EMEA	719			733			840			71.6		288			437			431			69.7
Ratio	1.21		%	1.07		%	1.17		%			2.08		%	2.63		%	2.49		%
Latin America	844			1,120			1,182			33.8		216			496			575			33.3
Ratio	3.01		%	3.54		%	3.50		%			3.19		%	6.41		%	6.99		%
Asia	657			767			801			90.8		498			589			609			90.6
Ratio	0.81		%	0.84		%	0.88		%			2.54		%	2.62		%	2.71		%

On-Balance Sheet Loans (2)	$	7,153		$	10,764		$	11,856		$	567.3	$	2,074		$	3,675		$	4,066		$	580.5
Ratio	1.35		%	1.86		%	2.09		%			1.60		%	2.54		%	2.82		%
Securitized Receivables (all in NA Cards)	1,469			2,113			2,163			111.0		1,158			1,591			1,766			107.4
Loans Held-for-Sale	36			14			—			—		—			—			—			1.0
Managed Loans (3)	$	8,658		$	12,891		$	14,019		$	678.3	$	3,232		$	5,266		$	5,832		$	688.9
Ratio	1.36		%	1.87		%	2.07		%			2.08		%	3.08		%	3.40		%

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

(2) Total Loans and Total Average Loans exclude certain interest and fees on credit cards of approximately $3 billion and $2 billion, respectively, which are included in Consumer Loans on the Consolidated Balance Sheet.

(3) This table presents consumer credit information on a held basis and shows the impact of securitizations to reconcile to a managed basis. Only N.A. 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 Note 1 to the Global Cards business on page 10.

Reclassified to conform to the current period’s presentation.

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

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

Allowance for Loan Losses at Beginning of Period	$	8,940		$	9,510		$	10,381		$	12,728		$	16,117		$	18,257				$	8,940		$	16,117

Gross Credit (Losses)	(2,642		)	(2,636		)	(3,075		)	(4,262		)	(4,313		)	(5,252		)	(99	)%	(5,278		)	(9,565		)	(81	)%
Gross Recoveries	549			601			499			575			537			829			38	%	1,150			1,366			19	%
Net Credit (Losses) / Recoveries (NCL’s)	(2,093		)	(2,035		)	(2,576		)	(3,687		)	(3,776		)	(4,423		)	NM		(4,128		)	(8,199		)	(99	)%

NCL’s	2,093			2,035			2,576			3,687			3,776			4,423			NM		4,128			8,199			99	%
Reserve Releases (1)	(36		)	—			—			(4		)	(89		)	(115		)	—		(36		)	(204		)	NM
Reserve Builds (1)	616			534			2,041			3,517			1,871			2,630			NM		1,150			4,501			NM
Specific Reserve Releases / Utilizations	(30		)	(65		)	(50		)	(9		)	(35		)	(29		)	100	%	(95		)	(35		)	63	%
Specific Reserve Builds	43			—			197			205			170			159			—		43			300			NM
Build(Release/Utilization)for Purchased Distressed Loan Portfolios	3			9			(2		)	2			8			2			(78	)%	12			10			(17	)%
Provision for Loan Losses	2,689			2,513			4,762			7,398			5,701			7,070			NM		5,202			12,771			NM
Other (2)	(26		)	393			161			(322		)	215			(127		)			367			88			(76	)%
Allowance for Loan Losses at End of Period (a)	$	9,510		$	10,381		$	12,728		$	16,117		$	18,257		$	20,777				$	10,381		$	20,777

Corporate Allowance for Unfunded Lending Commitments (3) (a)	$	1,100		$	1,100		$	1,150		$	1,250		$	1,250		$	1,107				$	1,100		$	1,107

Provision for Unfunded Lending Commitments	$	—		$	—		$	50		$	100		$	—		$	(143	)			$	—		$	(143	)

Total Allowance for Loans, Leases and Unfunded Lending Commitments [Sum of (a)]	$	10,610		$	11,481		$	13,878		$	17,367		$	19,507		$	21,884				$	11,481		$	21,884

Total Allowance for Loans, Leases and Unfunded Lending Commitments as a Percentage of Total Loans	1.53		%	1.55		%	1.79		%	2.23		%	2.47		%	2.93		%

(1) Allowance for Credit Losses represents management’s estimate of probable losses inherent in the portfolio. 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 2008 first quarter, reductions to the credit loss reserves of $21 million related to securitizations, reductions of $156 million related to the pending sale of CitiCapital and additions of $56 million related to purchase price adjustments for the Cuscatlan acquisition.

· For the 2008 first quarter, reductions to the credit loss reserves of $58 million related to securitizations and additions of $50 million related to purchase price adjustments for the Bank of Overseas Chinese acquisition.

· For the 2007 fourth quarter, reductions to the credit loss reserves of $150 million related to securitizations and $7 million related to transfers to loans held-for-sale, reductions of $151 million related to purchase price adjustments for the Egg Bank acquisition and reductions of $83 million related to the transfer of the U.K. CitiFinancial portfolio to held-for-sale.

· For the 2007 third quarter, reductions to the credit loss reserves of $73 million related to securitizations. Additionally includes adjustments for purchase accounting relating to the acquisition of Grupo Cuscatlan of $181 million.

· For the 2007 second quarter, reductions to the credit loss reserves of $70 million related to securitizations and $77 million related to transfers to loans held-for-sale, and the addition of $505 million related to the acquisition of Egg and Nikko.

· For the 2007 first quarter, reductions to the credit loss reserves of $98 million related to securitizations and transfers to loans held-for-sale, and the addition of $75 million related to the acquisition of Grupo Financiero Uno.

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

NM Not Meaningful

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

																											YTD 2008 vs.
																			2Q08 vs.		Six			Six			YTD 2007
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

Allowance for Loan Losses at Beginning of Period	$	6,006		$	6,348		$	7,210		$	9,203		$	12,393		$	14,368				$	6,006		$	12,393

Gross Credit (Losses)	(2,603		)	(2,586		)	(2,981		)	(3,497		)	(4,176		)	(4,595		)	(78	)%	(5,189		)	(8,771		)	(69	)%
Gross Recoveries	491			512			439			505			501			529			3	%	1,003			1,030			3	%
Net Credit (Losses) / Recoveries (NCL’s)	(2,112		)	(2,074		)	(2,542		)	(2,992		)	(3,675		)	(4,066		)	(96	)%	(4,186		)	(7,741		)	(85	)%

NCL’s	2,112			2,074			2,542			2,992			3,675			4,066			96	%	4,186			7,741			85	%
Reserve Releases (2)	(26		)	—			—			(4		)	(29		)	—			—		(26		)	(29		)	(12	)%
Reserve Builds (2)	316			528			2,040			3,513			1,811			2,241			NM		844			4,052			NM
Specific Reserve Releases / Utilizations	(5		)	(31		)	(10		)	(5		)	(3		)	—			100	%	(36		)	(3		)	92	%
Specific Reserve Builds	37			—			36			20			2			39			—		37			41			11	%
Build(Release/Utilization)for Purchased Distressed Loan Portfolios	—			—			—			—			—			—			—		—			—			—
Provision for Loan Losses	2,434			2,571			4,608			6,516			5,456			6,346			NM		5,005			11,802			NM
Other (3)	20			365			(73		)	(334		)	194			(141		)			385			53			(86	)%
Allowance for Loan Losses at End of Period	$	6,348		$	7,210		$	9,203		$	12,393		$	14,368		$	16,507				$	7,210		$	16,507

Net Consumer Credit (Losses) as a Percentage of Average Consumer Loans	1.74		%	1.60		%	1.86		%	2.08		%	2.54		%	2.82		%

Consumer Allowance for Credit Losses As a Percentage of Total Consumer Loans	1.22		%	1.31		%	1.61		%	2.09		%	2.41		%	2.89		%

(1)		Includes loans made to Global Wealth Management clients.

(2)		Allowance for Credit Losses represents management’s estimate of probable losses inherent in the portfolio. 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 2008 second quarter, reductions to the credit loss reserves of $21 million related to securitizations, reductions of $156 million related to the pending sale of CitiCapital and additions of $56 million related to purchase price adjustments for the Cuscatlan acquisition.

		-	For the 2008 first quarter, reductions to the credit loss reserves of $58 million related to securitizations and additions of $50 million related to purchase price adjustments for the Bank of Overseas Chinese acquisition.

		-	For the 2007 fourth quarter, reductions to the credit loss reserves of $150 million related to securitizations and $7 million related to transfers to loans held-for-sale, reductions of $151 million related to purchase price adjustments for the Egg Bank acquisition and reductions of $83 million related to the transfer of the U.K. CitiFinancial portfolio to held-for-sale.

		-	For the 2007 third quarter, reductions to the credit loss reserves of $73 million related to securitizations.

		-	For the 2007 second quarter, reductions to the credit loss reserves of $70 million related to securitizations and $77 million related to transfers to loans held-for-sale, and the addition of $505 million related to the acquisition of Egg and Nikko.

		-	For the 2007 first quarter, reductions to the credit loss reserves of $98 million related to securitizations and transfers to loans held-for-sale, and the addition of $75 million related to the acquisition of Grupo Financiero Uno. The 2007 first quarter also includes $41million related to the reorganization of the KorAm loan portfolio.

NM	Not Meaningful

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

																			2Q08 vs.		Six			Six			YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months			YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008			(Decrease)

Allowance for Loan Losses at Beginning of Period	$	2,934		$	3,162		$	3,171		$	3,525		$	3,724		$	3,889				$	2,934		$	3,724

Gross Credit (Losses)	(39		)	(50		)	(94		)	(765		)	(137		)	(657		)	NM		(89		)	(794		)	NM
Gross Recoveries	58			89			60			70			36			300			NM		147			336			NM
Net Credit (Losses) / Recoveries (NCL’s)	19			39			(34		)	(695		)	(101		)	(357		)	NM		58			(458		)	NM

NCL’s	(19		)	(39		)	34			695			101			357			NM		(58		)	458			NM
Reserve Releases (2)	(10		)	—			—			—			(60		)	(115		)	—		(10		)	(175		)	NM
Reserve Builds (2)	300			6			1			4			60			389			NM		306			449			47	%
Specific Reserve Releases / Utilizations	(25		)	(34		)	(40		)	(4		)	(32		)	(29		)	100	%	(59		)	(32		)	46	%
Specific Reserve Builds	6			—			161			185			168			120			—		6			259			NM
Build(Release/Utilization) for Purchased Distressed Loan Portfolios	3			9			(2		)	2			8			2			(78	)%	12			10			(17	)%
Provision for Loan Losses	255			(58		)	154			882			245			724			NM		197			969			NM
Other (3)	(46		)	28			234			12			21			14			—		(18		)	35			NM
Allowance for Loan Losses at End of Period (a)	$	3,162		$	3,171		$	3,525		$	3,724		$	3,889		$	4,270		35	%	$	3,171		$	4,270		35	%

Net Corporate Credit (Losses) (actual not annualized) as a Percentage of Average Corporate Loans	NM			NM			0.02		%	0.34		%	0.05		%	NM

Corporate Allowance for Credit Losses As a Percentage of Total Corporate Loans	1.81		%	1.65		%	1.74		%	2.01		%	2.02		%	2.43		%

Corporate Allowance for Unfunded Lending Commitments (4) (a)	$	1,100		$	1,100		$	1,150		$	1,250		$	1,250		$	1,107				$	1,100		$	1,107		—

Provision for Unfunded Lending Commitments	$	—		$	—		$	50		$	100		$	—		$	(143	)			$	—		$	(143	)	NM

Total Corporate Allowance for Loans, Leases and Unfunded Lending Commitments [Sum of (a)]	$	4,262		$	4,271		$	4,675		$	4,974		$	5,139		$	5,377				$	4,271		$	5,377		26	%

Total Allowance for Loans, Leases and Unfunded Lending Commitments as a Percentage of Total Corporate Loans	2.45		%	2.23		%	2.30		%	2.68		%	2.66		%	3.06		%

(1)	Includes Loans related to the Corporate / Other segment.

(2)	Allowance for Credit Losses represents management’s estimate of probable losses inherent in the portfolio. 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 2007 first quarter includes the reclassification to Consumer Loans of $41 million related to the reorganization of the KorAm loan portfolio.

	-	The 2007 second quarter includes the acquisition of Grupo Cuscatlan of $18 million.

	-	The 2007 third quarter includes adjustments for purchase accounting relating to the acquisition of Grupo Cuscatlan of $181 million and the transfer of units into Markets & Banking that were previously held as Consumer of $43 million.

	-	The 2008 first quarter includes adjustments for the transfer of business units from U.S. Consumer to Markets & Banking of $21 million and ($15) million for the release of reserves related to the contribution of certain assets of Citi Chile to Banco de Chile.

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

CITIGROUP – COMPONENTS OF PROVISION FOR LOAN LOSSES
(In millions of dollars)

																			2Q08 vs.		Six			Six		YTD 2008 vs.
	1Q			2Q			3Q			4Q			1Q			2Q			2Q07 Increase/		Months			Months		YTD 2007 Increase/
	2007			2007			2007			2007			2008			2008			(Decrease)		2007			2008		(Decrease)
Global Cards
Net Credit Losses	$	870		$	850		$	1,049		$	1,123		$	1,252		$	1,417		67	%	$	1,720		$	2,669	55	%
Credit Reserve Build / (Release)	(9		)	425			506			653			623			582			37	%	416			1,205		NM
North America
Net Credit Losses	485			453			455			661			614			687			52	%	938			1,301		39	%
Credit Reserve Build / (Release)	(31		)	223			172			544			313			334			50	%	192			647		NM
EMEA
Net Credit Losses	62			82			179			32			144			166			NM		144			310		NM
Credit Reserve Build / (Release)	13			71			71			(7		)	37			80			13	%	84			117		39	%
Latin America
Net Credit Losses	219			200			299			307			359			417			NM		419			776		85	%
Credit Reserve Build / (Release)	3			139			168			81			249			127			(9	)%	142			376		NM
Asia
Net Credit Losses	104			115			116			123			135			147			28	%	219			282		29	%
Credit Reserve Build / (Release)	6			(8		)	95			35			24			41			NM		(2		)	65		NM

Consumer Banking
Net Credit Losses	1,242			1,224			1,492			1,869			2,413			2,650			NM		2,466			5,063		NM
Credit Reserve Build / (Release)	314			60			1,504			2,856			1,147			1,657			NM		374			2,804		NM
North America
Net Credit Losses	575			620			749			1,071			1,539			1,764			NM		1,195			3,303		NM
Credit Reserve Build / (Release)	224			24			1,122			2,748			1,033			1,496			NM		248			2,529		NM
EMEA
Net Credit Losses	255			206			240			273			293			266			29	%	461			559		21	%
Credit Reserve Build / (Release)	59			3			123			78			20			34			NM		62			54		(13	)%
Latin America
Net Credit Losses	39			15			88			109			137			158			NM		54			295		NM
Credit Reserve Build / (Release)	—			24			59			32			(5		)	31			29	%	24			26		8	%
Asia
Net Credit Losses	373			383			415			416			444			462			21	%	756			906		20	%
Credit Reserve Build / (Release)	31			9			200			(2		)	99			96			NM		40			195		NM

Global Wealth Management:
Net Credit Losses	—			—			1			—			10			(1		)	—		—			9		—
Credit Reserve Build / (Release)	17			12			56			15			11			41			NM		29			52		79	%

Consumer Provision for Loan Losses	2,434			2,571			4,608			6,516			5,456			6,346			NM		5,005			11,802		NM

Institutional Clients Group (ICG):
Net Credit Losses	(20		)	(37		)	35			695			101			357			NM		(57		)	458		NM
Credit Reserve Build / (Release)	274			(19		)	120			187			144			367			NM		255			511		100	%
Securities and Banking
Net Credit Losses	(25		)	(38		)	31			681			101			348			NM		(63		)	449		NM
Credit Reserve Build / (Release)	274			(12		)	120			216			142			358			NM		262			500		91	%
Transaction Services
Net Credit Losses	5			1			4			14			—			9			NM		6			9		50	%
Credit Reserve Build / (Release)	—			(7		)	—			(29		)	2			9			NM		(7		)	11		NM

Corporate / Other	1			(2		)	(1		)				—			—			100	%	(1		)	—		100	%
Corporate Provision for Loan Losses	255			(58		)	154			882			245			724			NM		197			969		NM

Total Provision for Loan Losses	$	2,689		$	2,513		$	4,762		$	7,398		$	5,701		$	7,070		NM		$	5,202		$	12,771	NM

NM Not meaningful

Reclassified to conform to the current period’s presentation.

NON-PERFORMING ASSETS
(In millions of dollars)

	1Q			2Q			3Q			4Q			1Q			2Q
	2007			2007			2007			2007			2008			2008
CASH-BASIS AND RENEGOTIATED LOANS
Corporate Cash-Basis Loans
Collateral Dependent (at lower of cost or collateral value)	$	19		$	11		$	11		$	11		$	6		5
Other	481			588			1,207			1,747			2,028			2,771
Total Corporate Cash-Basis Loans (1)	$	500		$	599		$	1,218		$	1,758		$	2,034		$	2,776

Corporate Cash-Basis Loans
JENA (2)	$	118		$	204		$	841		$	1,320		$	1,577		$	2,763
Other International (3)	382			395			377			438			457			13
Total Corporate Cash-Basis Loans (1)	$	500		$	599		$	1,218		$	1,758		$	2,034		$	2,776

Corporate Cash-Basis Loans as a% of
Total Corporate Loans (1)	0.29		%	0.31		%	0.60		%	0.95		%	1.05		%	1.58		%


Total Consumer Cash-Basis Loans (1)	$	4,578		$	5,160		$	6,137		$	7,210		$	8,301		$	9,350
Renegotiated Loans (includes Corporate and Commercial Business Loans)	$	26		$	27		$	56		$	118		$	174		184

OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS

Consumer	$	470		$	524		$	596		$	716		$	1,008		$	1,121
Markets & Banking	348			219			348			512			545			489

TOTAL OTHER REAL ESTATE OWNED (4)	$	818		$	743		$	944		$	1,228		$	1,553		$	1,610

OTHER REPOSSESSED ASSETS (5)	$	77		$	66		$	86		$	99		$	107		$	94

(1)		Excludes purchased distressed loans. The carrying value of these loans was: $957 million at March 31, 2007, $1,013 million at June 30, 2007, $1,188 at September 30, 2007, $2,399 million at December 31, 2007, $2,224 million at March 31, 2008 and $1,891 million at June 30, 2008.

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

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

*** END OF FILE ***

Citigroup (C) 8-KCiti Reports Second Quarter Net Loss of $2.2 Billion, Loss Per Share of $0.49, from Continuing Operations