<Page>
EXHIBIT 21.01
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
ASSOCIATED MADISON COMPANIES, INC. Delaware
AMAD HOLDINGS INC. Delaware
CITIGROUP INSURANCE HOLDING CORPORATION Georgia
PRIMERICA SHAREHOLDER SERVICES* Georgia
THE TRAVELERS INSURANCE COMPANY Connecticut
190 S. LASALLE ASSOCIATES L.L.C. Illinois
440 SOUTH LASALLE LLC Delaware
AMERICAN FINANCIAL LIFE INSURANCE COMPANY Texas
CARLTON ARMS OF BRADENTON Florida
CITIGROUP ALTERNATIVE INVESTMENTS OPPORTUNITY FUND I, LLC Delaware
TISHMAN SPEYER/TRAVELERS ASSOCIATES Delaware
CITIGROUP ALTERNATIVE INVESTMENTS OPPORTUNITY FUND II, LLC Delaware
TISHMAN SPEYER/TRAVELERS REAL ESTATE VENTURE, L.P.* Delaware
125 HIGH STREET, L.P. Delaware
TST 375 HUDSON, L.L.C. Delaware
TST 525 WEST MONROE, L.L.C. Delaware
TST MOUNTAIN BAY, L.L.C. Delaware
TST ONE INDIANA, L.L.C. Delaware
CITIGROUP ALTERNATIVE INVESTMENTS OPPORTUNITY FUND III ASSOCIATES, LLC* Delaware
CITIGROUP ALTERNATIVE INVESTMENTS OPPORTUNITY FUND III, LLC Delaware
TISHMAN SPEYER/TRAVELERS ASSOCIATES IV, L.L.C.* Delaware
TISHMAN SPEYER/TRAVELERS REAL ESTATE VENTURE IV, L.L.C.* Delaware
CITIGROUP INVESTMENTS HIGHLAND PARK, LLC Colorado
HIGHLAND PARK VENTURES, LLC Colorado
CITIGROUP INVESTMENTS OAKMONT LANE, LLC Delaware
700 OAKMONT VENTURE LLC Delaware
CITIGROUP INVESTMENTS SCHAUMBERG WINDY POINT LLC Delaware
WINDY POINT OF SCHAUMBERG LLC Delaware
CITIGROUP INVESTMENTS YORK ROAD LLC Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 1
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
YORK ROAD PROPERTIES LLC Delaware
CORRIGAN TGP LLC Texas
CORRIGAN TIMBERLANDS LP* Texas
CORRIGAN TLP LLC Delaware
EURO TI INVESTMENTS LLC Delaware
GREENWICH STREET CAPITAL PARTNERS, L.P.* Delaware
GREENWICH STREET INVESTMENTS, L.L.C. Delaware
GREENWICH STREET CAPITAL OFFSHORE FUND, LTD.* British Virgin Is.
GREENWICH STREET INVESTMENTS, L.P. New York
GRIPHON MARLINS INVESTORS LTD.* Florida
HOLLOW CREEK, L.L.C. Connecticut
STATION HILL, L.L.C. Connecticut
ONE FINANCIAL PLACE CORPORATION* Delaware
ONE FINANCIAL PLACE, LP* Delaware
ONE FINANCIAL PLACE HOLDINGS, LLC* Delaware
PLAZA LLC Connecticut
KEEPER HOLDINGS LLC* Delaware
CITISTREET LLC** Delaware
CITISTREET INTERNATIONAL, LLC** Delaware
CITISTREET AUSTRALIA PTY LIMITED** Australia
CITISTREET RETIREMENT SERVICES LLC** New Jersey
CITISTREET ASSOCIATES LLC** Delaware
CITISTREET ADVISORS LLC** New Jersey
CITISTREET ASSOCIATES INSURANCE AGENCY OF
MASSACHUSETTS LLC** Massachusetts
CITISTREET ASSOCIATES OF HAWAII LLC** Hawaii
CITISTREET ASSOCIATES OF MONTANA LLC** Montana
CITISTREET ASSOCIATES OF TEXAS, INC.** Texas
CITISTREET EQUITIES LLC** New Jersey
CITISTREET FINANCIAL SERVICES LLC** New Jersey
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 2
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITISTREET FUNDS MANAGEMENT LLC** New Jersey
CITISTREET MORTGAGE SERVICES, INC.** New Jersey
NETPLUS, LLC Connecticut
TRAVELERS ASSET MANAGEMENT INTERNATIONAL COMPANY LLC New York
TOWER SQUARE SECURITIES, INC. Connecticut
TOWER SQUARE SECURITIES INSURANCE AGENCY OF ALABAMA, INC. Alabama
TOWER SQUARE SECURITIES INSURANCE AGENCY OF MASSACHUSETTS, INC. Massachusetts
TOWER SQUARE SECURITIES INSURANCE AGENCY OF NEW MEXICO, INC. New Mexico
TOWER SQUARE SECURITIES INSURANCE AGENCY OF OHIO, INC. Ohio
TOWER SQUARE SECURITIES INSURANCE AGENCY OF TEXAS, INC. Texas
TRAVELERS DISTRIBUTION LLC Delaware
TRAVELERS INVESTMENT ADVISERS, INC. Delaware
PRIMERICA LIFE INSURANCE COMPANY Massachusetts
CITILIFE FINANCIAL LIMITED Ireland
NATIONAL BENEFIT LIFE INSURANCE COMPANY New York
PRIMERICA FINANCIAL SERVICES (CANADA) LTD. Canada
PFSL INVESTMENTS CANADA LTD. Canada
PRIMERICA LIFE INSURANCE COMPANY OF CANADA Canada
PRIMERICA CLIENT SERVICES INC. (CANADA) Canada
PRIMERICA FINANCIAL SERVICES LTD. Canada
RYAN/TRAVELERS CHANDLER FREEWAYS BUSINESS PARK, LLC Delaware
RYAN/TRAVELERS KIERLAND, LLC Delaware
SSB PRIVATE SELECTIONS, LLC* Delaware
SALOMON SMITH BARNEY PRIVATE SELECTION FUND I, LLC* New York
THE TRAVELERS LIFE AND ANNUITY COMPANY Connecticut
EURO TL INVESTMENTS LLC Delaware
TIC/NEVADA LA ENTRADA, LLC Delaware
NEVADA LA ENTRADA PARTNERS, L.L.C. Delaware
TISHMAN SPEYER/TRAVELERS ASSOCIATES III, L.L.C. Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 3
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
TISHMAN SPEYER/TRAVELERS REAL ESTATE VENTURE III, L.L.C.* Delaware
TLA HOLDINGS LLC Delaware
CITIGROUP MORTGAGE SECURITIES CORPORATION Delaware
THE PROSPECT COMPANY Delaware
PANTHER VALLEY, INC. New Jersey
TRAVELERS EUROPEAN INVESTMENTS LLC Connecticut
TRAVELERS INTERNATIONAL INVESTMENTS LTD. Cayman Is.
TRAVELERS OPPORTUNITY FUND V (DOMESTIC), L.L.C. Delaware
TISHMAN SPEYER/TRAVELERS U.S. REAL ESTATE VENTURE V, L.P.* Delaware
TRAVELERS OPPORTUNITY FUND V ASSOCIATES (DOMESTIC), L.L.C. Delaware
TISHMAN SPEYER/TRAVELERS ASSOCIATES V (DOMESTIC), L.L.C. Delaware
TRIBECA CITIGROUP INVESTMENTS LTD.* Cayman Is.
TRICOUNTY GROVE Florida
UMBRELLA BEAR, INC. Florida
WT EQUIPMENT PARTNERS, L.P.* Delaware
WT LEASING, INC. Delaware
MID-AMERICA INSURANCE SERVICES, INC. Georgia
PRIMERICA CLIENT SERVICES, INC. (USA) Delaware
PRIMERICA CONVENTION SERVICES, INC. Georgia
PRIMERICA FINANCE CORPORATION Delaware
PFS DISTRIBUTORS, INC. Georgia
PFS INVESTMENTS INC. Georgia
PFS T.A., INC. Delaware
PRIMERICA FINANCIAL SERVICES HOME MORTGAGES, INC. Georgia
PRIMERICA FINANCIAL SERVICES HOME MORTGAGES LIMITED PARTNERSHIP OF ARIZONA Delaware
PRIMERICA FINANCIAL SERVICES HOME MORTGAGES LIMITED PARTNERSHIP OF OHIO Ohio
PRIMERICA FINANCIAL SERVICES HOME MORTGAGES LIMITED PARTNERSHIP OF TENNESSEE Tennessee
PRIMERICA FINANCIAL SERVICES, INC. Nevada
CITISOLUTIONS FINANCIAL LIMITED Ireland
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 4
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
PRIMERICA FINANCIAL INSURANCE SERVICES OF TEXAS, INC. Texas
PRIMERICA FINANCIAL SERVICES AGENCY OF NEW YORK, INC. New York
PRIMERICA FINANCIAL SERVICES INSURANCE MARKETING OF IDAHO, INC. Idaho
PRIMERICA FINANCIAL SERVICES INSURANCE MARKETING OF MAINE, INC. Maine
PRIMERICA FINANCIAL SERVICES INSURANCE MARKETING OF NEVADA, INC. Nevada
PRIMERICA FINANCIAL SERVICES INSURANCE MARKETING OF PENNSYLVANIA, INC. Pennsylvania
PRIMERICA FINANCIAL SERVICES INSURANCE MARKETING OF THE VIRGIN ISLANDS, INC. U.S. Virgin Is.
PRIMERICA FINANCIAL SERVICES INSURANCE MARKETING OF WYOMING, INC. Wyoming
PRIMERICA FINANCIAL SERVICES INSURANCE MARKETING, INC. Delaware
PRIMERICA FINANCIAL SERVICES OF ALABAMA, INC. Alabama
PRIMERICA FINANCIAL SERVICES OF ARIZONA, INC. Arizona
PRIMERICA FINANCIAL SERVICES OF KENTUCKY, INC. Kentucky
PRIMERICA FINANCIAL SERVICES OF NEW MEXICO, INC. New Mexico
PRIMERICA INSURANCE AGENCY OF MASSACHUSETTS, INC. Massachusetts
PRIMERICA INSURANCE MARKETING SERVICES OF PUERTO RICO, INC. Puerto Rico
PRIMERICA INSURANCE SERVICES OF LOUISIANA, INC. Louisiana
PRIMERICA SERVICES, INC. Georgia
SL&H REINSURANCE, LTD. St. Kitts & Nevis
SOUTHWEST SERVICE AGREEMENTS, INC. North Carolina
CCC FAIRWAYS, INC. Delaware
CITIGROUP ALTERNATIVE INVESTMENTS REAL ESTATE GP LLC Delaware
CITIGROUP CAPITAL I Delaware
CITIGROUP CAPITAL II Delaware
CITIGROUP CAPITAL III Delaware
CITIGROUP CAPITAL IV Delaware
CITIGROUP CAPITAL V Delaware
CITIGROUP CAPITAL VI Delaware
CITIGROUP CAPITAL VII Delaware
CITIGROUP CAPITAL VIII Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 5
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIGROUP FOF LLC Delaware
CITIGROUP HOLDINGS COMPANY Delaware
CITICORP Delaware
ASSOCIATES MEXICO HOLDINGS, LLC Delaware
GRUPO FINANCIERO ASSOCIATES, S.A. DE C.V. Mexico
ARRENDADORA FINANCIERA ASSOCIATES, S.A. DE C.V., ORGANIZACION AUXILIAR DEL
CREDITO, GRUPO FINANCIERO Mexico
ASSOCIATES
ASSOCIATES SERVICIOS DE MEXICO, S.A. DE C.V. Mexico
CREDITO FAMILIAR, S.A. DE C.V., SOCIEDAD FINANCIERA DE OBJETO LIMITADO,
GRUPO FINANCIERO ASSOCIATES* Mexico
SERVICIOS CORPORATIVOS CREDITO FAMILIAR, S.A. DE C.V.* Mexico
HIPOTECARIA ASSOCIATES, S.A. DE C.V., SOCIEDAD FINANCIERA DE OBJETO
LIMITADO, GRUPO FINANCIERO Mexico
SERVICIOS DE CREDITO ASSOCIATES, S.A. DE C.V., SOCIEDAD FINANCIERA DE OBJETO
LIMITADO, GRUPO FINANCIERO ASSOCIATES Mexico
SERVICIOS DE FACTORAJE ASSOCIATES, S.A. DE C.V., ORGANIZACION AUXILIAR Mexico
DEL CREDITOR, GRUPO FINANCIERO ASSOCIATES
SOCIEDAD FINANCIERA ASSOCIATES, S.A. DE C.V., SOCIEDAD FINANCIERA DE OBJETO
LIMITADO, GRUPO FINANCIERO ASSOCIATES Mexico
CITIBANK (NEVADA), NATIONAL ASSOCIATION USA
CITIBANK (NEW YORK STATE) New York
CITICORP DEVELOPMENT CENTER, INC. Delaware
DINERS CLUB INTERNATIONAL LTD. New York
STUDENT LOAN CORPORATION, THE Delaware
SLC STUDENT LOAN RECEIVABLES I, INC. Delaware
CITIBANK DELAWARE Delaware
CITIBANK INSURANCE AGENCY, INC. New York
CITICORP CREDIT SERVICES, INC. (DELAWARE) Delaware
CITICORP DELAWARE EQUITY, INC. Delaware
FAIRFAX HOLDINGS, INC. Delaware
CITICORP DEL-LEASE, INC. Delaware
CITICORP AIRCRAFT MANAGEMENT, INC. Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 6
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITICORP BANKERS LEASING CORPORATION Delaware
BANKERS LEASING CORPORATION Massachusetts
BLC CORPORATION Utah
CITICORP BANKERS LEASING FINANCE CORPORATION Delaware
COMMETRO LEASING, INC. Delaware
COMMONWEALTH CONTROL, INC. Delaware
COMMONWEALTH PLAN, INC., THE Massachusetts
COMMONWEALTH SYSTEM, INC., THE Massachusetts
FINANCIAL LEASING CORPORATION Massachusetts
PACIFIC PLAN, INC., THE Massachusetts
WORCESTER PLAN, INC., THE Massachusetts
CBL CAPITAL CORPORATION Delaware
CITICORP DELAWARE PROPERTIES, INC. Delaware
CITICORP NEVADA CREDIT, INC. Nevada
CITICORP NEVADA LEASING, INC. California
G.W.L. LEASING COMPANY, INCORPORATED California
GXW CORPORATION California
PALM DEFEASANCE COMPANY Delaware
CITICORP INSURANCE AGENCY, INC. Delaware
CITICORP INSURANCE AGENCY OF NEVADA, INC. Nevada
CITICORP INSURANCE AGENCY, INC. Missouri
CITICORP INSURANCE AGENCY, INC. California
CITICORP LIFE INSURANCE COMPANY* Arizona
CITICORP ASSURANCE CO. Delaware
FIRST CITICORP LIFE INSURANCE COMPANY New York
CITICORP RAILMARK, INC. Delaware
CITICORP U.S. HOLDINGS NETHERLANDS, INC. Delaware
CITICORP HOLDINGS NETHERLANDS B.V. Netherlands
CITIBANK MORTGAGE CORP. Florida
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 7
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIBANK COMMERCIAL PROPERTIES, INC. Florida
INCOME SERVICE GROUP, INC. Florida
LAND SERVICE GROUP, INC. Florida
RRR PROPERTY MANAGEMENT, INC. Florida
THIRTEEN PROPERTY MANAGEMENT, INC. Florida
CITIBANK, N.A. USA
399 VENTURE PARTNERS, INC. Delaware
AEL LEASING CO., INC. Pennsylvania
EAB LEASING CORP. Pennsylvania
AEL HOLDINGS, INC. Delaware
RESELLER FINANCE CORPORATION Delaware
ASSOCIATES INTERNATIONAL SERVICES, LLC Delaware
BALL (NOMINEE) & CO., L.L.C. Delaware
BANCO DE HONDURAS S.A. Honduras
BARNES & CO., L.L.C. Delaware
BENCO & CO., L.L.C. Delaware
BORDEN & CO., L.L.C. Delaware
C.A.R.D. REALTY CORP. New York
CAMWIL LEASE, INC. Delaware
CITICORP INVESTOR LEASE, INC. Delaware
CITICORP MULTILEASE (SEF), INC. Delaware
CITI (NOMINEES) LIMITED Hong Kong
CITI ARGENTINA (ABF) TRUST* Bahamas
CITI CENTER BUILDING CORPORATION* Philippines
CITI TOWER BUILDING CORPORATION Philippines
CITIACH, INC.* Delaware
CITIBANK AGENCIA DE VALORES S.A. Chile
CITIBANK (CHANNEL ISLANDS) LIMITED Channel Is.
CCIL (NOMINEES) LIMITED Channel Is.
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 8
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CCIL PENSION SCHEME TRUSTEES LIMITED Channel Is.
CITIBANK (SOUTH DAKOTA), N.A. USA
ASSOCIATES CREDIT CARD SERVICES, INC. Delaware
CITICORP COMMERCE SOLUTIONS, INC. Delaware
CITIHOUSING, INC. South Dakota
UNIVERSAL CARD SERVICES LLC Delaware
CITIBANK (ZAIRE) S.A.R.L. Congo
CITIBANK CONSUMERS NOMINEE PTE. LTD. Singapore
CITIBANK CORREDORES DE SEGUROS LIMITADA* Chile
CITIBANK INTERNATIONAL USA
CITIBANK-MAGHREB Morocco
CITIBANK MORTGAGE REINSURANCE, INC. Vermont
CITIBANK NOMINEES (IRELAND) LIMITED Ireland
CITIBANK NOMINEES SINGAPORE PTE. LTD. Singapore
CITIBANK OVERSEAS INVESTMENT CORPORATION USA
ADMINISTRADORA DE FONDOS DE PENSIONES Y CESANTIAS S.A. COLFONDOS Colombia
ASSOCIATES INTERNATIONAL HOLDINGS CORPORATION New York
ACONA B.V. Netherlands
ASSOCIATES FINANCIAL CORPORATION LIMITED England & Wales
ASSOCIATES CAPITAL HOLDINGS LTD. England & Wales
ASSOCIATES CAPITAL CORPORATION PLC England & Wales
ASSOCIATES (ISLE OF MAN) LIMITED England & Wales
ASSOCIATES CAPITAL (GUERNSEY) LIMITED Guernsey, Channel Is.
ASSOCIATES PRINT LIMITED England & Wales
CASTLE LOSS ADJUSTERS LIMITED England & Wales
CITICAPITAL FLEET LIMITED England & Wales
PRESTIGE PROPERTY CO. LIMITED Guernsey, Channel Is.
STEEPLE FINANCE LIMITED Jersey, Channel Islands
CITIFINANCIAL EUROPE LIMITED England & Wales
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 9
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
AVCO TRUST* England & Wales
CITIFINANCIAL LIMITED England & Wales
CUMBERLAND INSURANCE COMPANY LIMITED England & Wales
CUMBERLAND LIFE ASSURANCE CO. LIMITED Scotland
ASSOCIATES CREDIT CARD TAIWAN INC. Taiwan
ASSOCIATES FINANCE INC. Philippines
ASSOCIATES FINANCE OF VIRGIN ISLANDS, L.L.C. Delaware
ASSOCIATES FINANCE TAIWAN, INC. Taiwan
ASSOCIATES FINANCIAL SERVICES (MAURITIUS) LLC* Mauritius
ASSOCIATES INDIA HOLDING COMPANY PRIVATE LIMITED India
ASSOCIATES INDIA FINANCIAL SERVICES PRIVATE LIMITED India
ASSOCIATES INTERNATIONAL INVESTMENTS, INC. Delaware
ASSOCIATES WORLD CAPITAL CORPORATION Delaware
ASSOCIATES WORLD CREDIT CORPORATION Delaware
CITIGROUP INTERNATIONAL LUXEMBOURG LIMITED Luxembourg
ASSOCIATES FIRST CAPITAL B.V. Netherlands
CITICORP VERMOGENSVERWALTUNGS GMBH Germany
CITICORP VERMOGENSVERWALTUNGS GMBH & CO. FINANZ KG* Germany
AVCO FINANCIAL SERVICES LIMITED England & Wales
CITIFINANCIAL JAPAN, CO., LTD. Japan
DIC FINANCE CO., LTD.* Japan
TRV/RCM CORP. Delaware
AIC ASSOCIATES CANADA HOLDINGS, INC. Ontario, Canada
TRV/RCM LP CORP. Delaware
AIC CORPORATION* Japan
AIC CARD SERVICES, INC. Japan
UNIMAT LIFE, K.K.* Japan
BANCO CITIBANK S.A. Brazil
CITIBANK-CORRETORA DE CAMBIO, TITULOS E VALORES MOBILIARIOS S.A. Brazil
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 10
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIBANK-DISTRIBUIDORA DE TITULOS E VALORES MOBILIARIOS S.A. Brazil
BANCO DE DESARROLLO CITICORP, S.A. Dominican Republic
CITINVERSIONES DE TITULOS Y VALORES (PUESTO DE BOLSA) S.A. Dominican Republic
BANK HANDLOWY W WARSZAWIE S.A. Poland
BANK ROZWOJU CUKROWNICTWA S.A. Poland
BUDOWA CENTRUM PLAC TEATRALNY SP. Z O.O. Poland
CITILEASING SP. Z O.O. Poland
DOM MAKLERSKI BANKU HANDLOWEGO S.A. Poland
HANDLOWY INVESTMENTS II S.A.R.L.* Luxembourg
HANDLOWY INVESTMENTS S.A.* Luxembourg
HANDLOWY INWESTYCJE II SP. Z O.O. Poland
HANDLOWY INWESTYCJE SP. Z O.O. Poland
HANDLOWY LEASING S.A.* Poland
HANDLOWY ZARZADZANIE AKTYWAMI S.A. Poland
PPTE DIAMENT S.A. Poland
TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH BH S.A. Poland
BERLIN REAL ESTATE B.V. Netherlands
CCSCI, INC. Puerto Rico
CENTAUR INVESTMENT CORPORATION Delaware
CITI INVERSIONES, S.A. DE C.V. El Salvador
ADMINISTRADORA DE FONDOS DE PENSIONES CONFIA, S.A.* El Salvador
CITI VALORES DE EL SALVADOR S.A. DE C.V. El Salvador
CITI MUTUAL FUNDS MANAGEMENT COMPANY S.A. Greece
CITI-INFO, S.A. DE C.V. Mexico
CITI-INMOBILIARIA E INVERSIONES, S.A. DE C.V. Honduras
CITIBANK (SLOVAKIA) A.S. Slovakia
CITIBANK A.S. Czech Republic
CITIBANK BELGIUM S.A./N.V. Belgium
CITIBANK BERHAD Malaysia
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 11
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITICORP NOMINEE (MALAYSIA) SENDIRIAN BERHAD Malaysia
CITICORP NOMINEES (ASING) SDN. BHD. Malaysia
CITICORP NOMINEES (TEMPATAN) SDN. BHD. Malaysia
CITIBANK CANADA Canada
1169513 ONTARIO INC. Canada
2490827 NOVA SCOTIA LIMITED Canada
3121615 CANADA INC. Canada
PALACE PLACE LIMITED PARTNERSHIP Canada
3278662 CANADA INC. Canada
BERSHAW & COMPANY Canada
CITIBANK CANADA INVESTMENT FUNDS LIMITED Canada
CITIBANK NOMINEES LTD. Canada
CITICORP CAPITAL INVESTORS LTD. Canada
CITICORP VENDOR FINANCE, LTD. Canada
CITIBANK CAPITAL CORPORATION Cayman Is.
CITIBANK COLOMBIA* Colombia
CITITRUST COLOMBIA S.A. SOCIEDAD FIDUCIARIA* Colombia
CITIBANK-COLOMBIA (NASSAU) LIMITED Bahamas
LEASING CITIBANK S.A. COMPANIA DE FINANCIAMIENTO COMERCIAL* Colombia
CITIBANK EMPLOYEE BENEFIT PLAN TRUSTEES IRELAND LIMITED Ireland
CITIBANK ESPANA S.A. Spain
CANTABRA DE AVIACION, SOCIEDAD LIMITADA Spain
CITI OPERACIONES A.I.E.* Spain
CITI RECOVERY, A.I.E.* Spain
CITIBANK BROKER CORREDURIA DE SEGUROS S.A. Spain
CITICONSULTING A.I.E.* Spain
CITIHOUSE, S.A. Spain
CITIBANK FINANCE LIMITED Singapore
CITIBANK HOLDINGS (FB) LLC Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 12
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIBANK HOUSING FINANCE COMPANY LIMITED Pakistan
CITIBANK INVESTMENT SERVICES LIMITED Hong Kong
CITIBANK INVESTMENTS LIMITED* England
CIB PROPERTIES LIMITED England
CITI PENSIONS & TRUSTEES LIMITED England
CITIBANK INTERNATIONAL PLC England
CITIBANK TRUSTEES (IRELAND) LIMITED Ireland
CITICAPITAL LTD England
ASSOCIATES COMMERCIAL CORPORATION LIMITED England & Wales
CITICAPITAL LEASING GMBH Germany
CITICAPITAL SA France
CITICAPITAL SAS France
EXMAT France
CITIFINANCE OY Finland
CITIPARTNERS SERVICES GROUP A.I.E.* Spain
CYBERMATCH LIMITED England & Wales
EEF LEASING (JUNE) LIMITED England & Wales
VIDACOS NOMINEES LIMITED England
CITIBANK LONDON NOMINEES LIMITED England
CITIBANK PENSIONS TRUSTEES IRELAND LTD. Ireland
CITICLIENT (CPF) NOMINEES LIMITED Wales
CITICLIENT (CPF) NOMINEES NO 2 LIMITED Wales
CITICLIENT NOMINEES NO 1 LIMITED Wales
CITICLIENT NOMINEES NO 2 LIMITED Wales
CITICLIENT NOMINEES NO 3 LIMITED Wales
CITICLIENT NOMINEES NO 4 LIMITED Wales
CITICLIENT NOMINEES NO 5 LIMITED Wales
CITICLIENT NOMINEES NO 6 LIMITED Wales
CITICLIENT NOMINEES NO 7 LIMITED Wales
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 13
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITICLIENT NOMINEES NO 8 LIMITED Wales
CITICORP TRUSTEE COMPANY LIMITED England
CAPITAL RESIDENTIAL FUND NOMINEE NO.1 LIMITED England
CAPITAL RESIDENTIAL FUND NOMINEE NO.2 LIMITED England
NORWICH PROPERTY TRUST LIMITED England
CITICORPORATE LIMITED England
CITIFRIENDS NOMINEE LIMITED England
CITIGROUP (UK) PENSION TRUSTEE LIMITED England
CITILOANS PLC England
CITINET LIMITED England
CITIVIC NOMINEES LIMITED England
CUIM NOMINEE LIMITED England
N.C.B. TRUST LIMITED England
NATIONAL CITY NOMINEES LIMITED England
SNC CITI GESTION* France
SNC CITI MANAGEMENT* France
CITIBANK IRELAND FINANCIAL SERVICES PLC Ireland
CITIBANK INVESTMENT SERVICES IRELAND LTD. Ireland
CITICORP (DUBLIN) FINANCE Ireland
CITIBANK MALAYSIA (L) LIMITED Malaysia
CITIBANK MERCADO DE CAPITALES, C.A. CITIMERCA, CASA DE BOLSA Venezuela
CITIBANK ROMANIA S.A. Romania
CITIBANK RT. Hungary
CITICORP HUNGARY ADMINISTRATIVE SERVICES LTD.* Hungary
EKB KERESKEDELMI ES SZOLGALTATO KFT. Hungary
CITIBANK SECURITIES (TAIWAN) LIMITED Taiwan
CITIBANK SHIPPING BANK S.A. Greece
CITIBANK TANZANIA LIMITED Tanzania
CITIBANK UGANDA LIMITED Uganda
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 14
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIBUSINESS-LEASING FINANCIAL SERVICES COMPANY LIMITED Hungary
CITICAPITAL LIMITED Thailand
CITICARD S.A. Argentina
CITICORP (B) SDN. BHD. Brunei
CITICORP ADMINISTRADORA DE INVERSIONES S.A. Argentina
CITICORP ASESORA DE SEGUROS S.A. Argentina
CITICORP CAPITAL ASIA (TAIWAN) LTD. Taiwan
CITICORP CAPITAL ASIA LIMITED Bahamas
CITICORP CHINA INVESTMENT MANAGEMENT (BVI) LIMITED British Virgin Is.
CITICORP CHINA INVESTMENT MANAGEMENT LIMITED Hong Kong
CVC ASIA PACIFIC LIMITED Hong Kong
CVC ASIA PACIFIC (AUSTRALIA) LIMITED Hong Kong
CVC ASIA PACIFIC (JAPAN) LIMITED Hong Kong
KYOBO CHOICE F-3 TRUST Korea
CITICORP CAPITAL MARKETS SOCIEDAD ANONIMA Argentina
CITICORP VALORES S.A. SOCIEDAD DE BOLSA* Argentina
CITICORP CAPITAL MARKETS URUGUAY S.A. Uruguay
CITICORP CAPITAL PHILIPPINES, INC.* Philippines
CITICORP CAPITAL SDN. BHD. Malaysia
CITICORP COMMERCIAL FINANCE (H.K.) LTD. Hong Kong
CITICORP CREDIT Guam
CITICORP DEUTSCHLAND AKTIENGESELLSCHAFT* Germany
CCD IMMOBILIEN BETEILIGUNGS GMBH Germany
CITICORP BETEILIGUNGEN AKTIENGESELLSCHAFT Germany
CITI SALES DIRECT GMBH Germany
CITIBANK AKTIENGESELLSCHAFT* Germany
CITIBANK PRIVATKUNDEN AG* Germany
CITICORP CARD OPERATIONS GMBH Germany
CITICORP DIENSTLEISTUNGS GMBH Germany
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 15
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITICORP KARTENSERVICE GMBH Germany
CITICORP LEASING (DEUTSCHLAND) GMBH Germany
ACHTUNDZWANZIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG* Germany
ACHTZEHNTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG* Germany
DREISSIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG* Germany
EINUNDDREISSIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG* Germany
EINUNDZWANZIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG* Germany
GAMMA TRANS LEASING VERWALTUNGS GMBH Germany
DREIUNDZWANZIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG Germany
DREIZEHNTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG Germany
ELFTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG Germany
FUENFUNDZWANZIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG Germany
FUENFZEHNTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG Germany
GAMMA TRANS LEASING VERWALTUNGS GMBH & CO. ACHTE
FINANZIERUNGS-MANAGEMENT KG Germany
GAMMA TRANS LEASING VERWALTUNGS GMBH & CO. DRITTE
FINANZIERUNGS-MANAGEMENT KG Germany
GAMMA TRANS LEASING VERWALTUNGS GMBH & CO. FUENFTE
FINANZIERUNGS-MANAGEMENT KG Germany
GAMMA TRANS LEASING VERWALTUNGS GMBH & CO. NEUNTE
FINANZIERUNGS-MANAGEMENT KG Germany
GAMMA TRANS LEASING VERWALTUNGS GMBH & CO. SECHSTE
FINANZIERUNGS-MANAGEMENT KG Germany
GAMMA TRANS LEASING VERWALTUNGS GMBH & CO. SIEBTE
FINANZIERUNGS-MANAGEMENT KG Germany
GAMMA TRANS LEASING VERWALTUNGS GMBH & CO. VIERTE
FINANZIERUNGS-MANAGEMENT KG Germany
GAMMA W(ERTPAPIER) (INVESTITIONS) P(ORTFOLIO) 1 GBR Germany
SECHSUNDZWANZIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 16
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
FINANZIERUNGS-MANAGEMENT KG Germany
SECHZEHNTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG Germany
VIERUNDZWANZIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG Germany
VIERZEHNTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG Germany
ZEHNTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG Germany
ZWOELFTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG Germany
NEUNUNDZWANZIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG* Germany
NEUNZEHNTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG* Germany
SIEBENUNDZWANZIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG* Germany
ZWANZIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG* Germany
ZWEIUNDZWANZIGSTE GAMMA TRANS LEASING VERWALTUNGS GMBH & CO.
FINANZIERUNGS-MANAGEMENT KG* Germany
CITICORP OPERATIONS CONSULTING GMBH Germany
CITIFINANZBERATUNG GMBH Germany
CITICORP EUROPEAN SERVICE CENTER B.V. Netherlands
CITICORP FINANCE (INDIA) LIMITED India
CITICORP MARUTI FINANCE LTD. India
CITIFINANCIAL RETAIL SERVICES INDIA LIMITED India
CITIFINANCIAL INSURANCE SERVICES INDIA LIMITED India
CITICORP FINANCE (THAILAND) LTD. Thailand
CITICORP FINANCE INTERNATIONAL LTD. Bermuda
CFMC, INC. Puerto Rico
CITICORP FINANCIAL SERVICES CORPORATION Puerto Rico
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 17
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITICORP FINANCIAL SERVICES LIMITED Hong Kong
CITICORP FINANZIARIA S.P.A. Italy
CITICORP FSC I LTD. Bermuda
CITICORP GENERAL INSURANCE AGENCY CORPORATION Taiwan
CITICORP HOLDINGS (FB) LLC Delaware
CITICORP INSURANCE AGENCY CO., LTD. Taiwan
CITICORP INTERNATIONAL LIMITED Hong Kong
CITICORP INTERNATIONAL SECURITIES FINANCE LTD England & Wales
CITICORP INVERSORA S.A. GERENTE DE FONDOS COMUNES DE INVERSION Argentina
CITICORP INVESTICNI SPOLECNOST, A.S. Czech Republic
CITICORP INVESTMENT BANK (SINGAPORE) LIMITED Singapore
CITICORP LEASING (THAILAND) LIMITED Thailand
CITICORP LEASING ARGENTINA S.A. Argentina
CITICORP LEASING INTERNATIONAL, INC. Delaware
CITICORP CARD SERVICES, INC. Delaware
CITICORP DINERS CLUB JAPAN KABUSHIKI KAISHA Japan
KABUSHIKI KAISHA DNC AGENCY Japan
CITICORP CREDIT, INC. Japan
CITILEASE COMPANY LTD. Japan
AARHUS AIRCRAFT LTD. Japan
ADAMS AIRCRAFT LTD. Japan
ALPHA AIRCRAFT LTD. Japan
AMS AIRCRAFT LTD. Japan
ANDROMEDA CITIAIRCRAFT LTD. Japan
ANSON AIRCRAFT LTD. Japan
ARBOGA AIRCRAFT LTD. Japan
ARIZONA AIRCRAFT LTD. Japan
ARLANDA AIRCRAFT LTD. Japan
ASCOT AIRCRAFT LTD. Japan
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 18
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
BALTIC AIRCRAFT LTD. Japan
BETA AIRCRAFT LTD. Japan
BISHOP AIRCRAFT LTD. Japan
BRISTOL AIRCRAFT LTD. Japan
BROMMA AIRCRAFT LTD. Japan
BUNGA EMAS LTD. Japan
CABOT AIRCRAFT LTD. Japan
CALIFORNIA AIRCRAFT LTD. Japan
CAMBRIDGE AIRCRAFT LTD. Japan
CHARLIE AIRCRAFT LTD. Japan
COLORADO AIRCRAFT LTD. Japan
CONDOR AIRCRAFT LTD. Japan
COVENTRY AIRCRAFT LTD. Japan
CROWN AIRCRAFT LTD. Japan
CRUX LEASING CO. LTD. Japan
CSA ROBIN AIRCRAFT LTD. Japan
CSA SWAN AIRCRAFT LTD. Japan
CURIE AIRCRAFT LTD. Japan
DAINI CITIAIRCRAFT LTD. Japan
DALLAS AIRCRAFT LTD. Japan
DELTA AIRCRAFT LTD. Japan
DENVER AIRCRAFT LTD. Japan
DETROIT AIRCRAFT LTD. Japan
DONAU AIRCRAFT LTD. Japan
DRAKE AIRCRAFT LTD. Japan
EAGLE AIRCRAFT LTD. Japan
ECHO AIRCRAFT LTD. Japan
EIFFEL AIRCRAFT LTD. Japan
ELBE AIRCRAFT LTD. Japan
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 19
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
ELYSEE AIRCRAFT LTD. Japan
EMS AIRCRAFT LTD. Japan
ENNS LEASE CO., LTD. Japan
EPSILON AIRCRAFT LTD. Japan
ERIE AIRCRAFT LTD. Japan
EUROPE AIRCRAFT LTD. Japan
FAIRFIELD AIRCRAFT LTD. Japan
FLORIDA AIRCRAFT LTD. Japan
FORNEBU AIRCRAFT LTD. Japan
FOXTROT AIRCRAFT LTD. Japan
GAMMA AIRCRAFT LTD. Japan
GOTEBORG AIRCRAFT LTD. Japan
HAGUE AIRCRAFT LTD. Japan
HAVEL AIRCRAFT LTD. Japan
HONOLULU AIRCRAFT LTD. Japan
HOUSTON AIRCRAFT LTD. Japan
HUDSON AIRCRAFT LTD. Japan
HURON AIRCRAFT LTD. Japan
HUSKVARNA AIRCRAFT LTD. Japan
ILLINOIS AIRCRAFT LTD. Japan
INDIANA AIRCRAFT LTD. Japan
ISAR AIRCRAFT LTD. Japan
ITHACA AIRCRAFT LTD. Japan
JL BLADE LEASE CO., LTD. Japan
JL BLITZ LEASE CO., LTD. Japan
JL CREST LEASE CO., LTD. Japan
JL ROUGE LEASE CO., LTD. Japan
JL SKYLINE LEASE CO., LTD. Japan
JOTA AIRCRAFT LTD. Japan
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 20
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
JUPITER AIRCRAFT LTD. Japan
KING AIRCRAFT LTD. Japan
KIRUNA AIRCRAFT LTD. Japan
KNIGHT AIRCRAFT LTD. Japan
LA AIRCRAFT LTD. Japan
LAHN AIRCRAFT LTD. Japan
LAMBDA AIRCRAFT LTD. Japan
LEONE LEASE LTD. Japan
LINDEN CITIAIRCRAFT LTD. Japan
LIVERPOOL AIRCRAFT LTD. Japan
LOIRE AIRCRAFT LTD. Japan
LONDON AIRCRAFT LTD. Japan
LOUVRE AIRCRAFT LTD. Japan
MADRID AIRCRAFT LTD. Japan
MAIN AIRCRAFT LTD. Japan
MANCHESTER AIRCRAFT LTD. Japan
MAPLE AIRCRAFT LTD. Japan
MARSEILLES AIRCRAFT LTD. Japan
MELLERY AIRCRAFT LTD. Japan
METTE AIRCRAFT LTD. Japan
MIAMI AIRCRAFT LTD. Japan
MICHIGAN AIRCRAFT LTD. Japan
MILWAUKEE AIRCRAFT LTD. Japan
MINNESOTA AIRCRAFT LTD. Japan
MOSEL AIRCRAFT LTD. Japan
NASHVILLE AIRCRAFT LTD. Japan
NECKAR AIRCRAFT LTD. Japan
NS CITITRAIN LTD. Japan
ODER AIRCRAFT LTD. Japan
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 21
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
OHIO AIRCRAFT LTD. Japan
OREGON AIRCRAFT LTD. Japan
ORION INVESTMENT LTD. Japan
OXFORD AIRCRAFT LTD. Japan
PARIS AIRCRAFT LTD. Japan
PEGASUS LEASING CO. LTD. Japan
PHOENIX AIRCRAFT LTD. Japan
QUEBEC AIRCRAFT LTD. Japan
QUEEN AIRCRAFT LTD. Japan
RHEIN AIRCRAFT LTD. Japan
ROTTER AIRCRAFT LTD. Japan
SAALE AIRCRAFT LTD. Japan
SAKURA FA CITIAIRCRAFT LTD. Japan
SCOTT AIRCRAFT LTD. Japan
SEAGULL AIRCRAFT LTD. Japan
SEATTLE AIRCRAFT LTD. Japan
SIGMA AIRCRAFT LTD. Japan
ST. LOUIS AIRCRAFT LTD. Japan
STAMFORD AIRCRAFT LTD. Japan
STOCKHOLM AIRCRAFT LTD. Japan
TACHIBANA FA CITIAIRCRAFT LTD. Japan
TAMPA AIRCRAFT LTD. Japan
THETA AIRCRAFT LTD. Japan
TOKYO FA CITIAIRCRAFT LTD. Japan
TORONTO AIRCRAFT LTD. Japan
UPPSALA AIRCRAFT LTD. Japan
UTRECHT AIRCRAFT LTD. Japan
VANCOUVER AIRCRAFT LTD. Japan
VERSAILLES AIRCRAFT LTD. Japan
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 22
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
WASHINGTON AIRCRAFT LTD. Japan
WINDSOR AIRCRAFT LTD. Japan
ZWOLLE AIRCRAFT LTD. Japan
CITICORP MERCHANT BANK LIMITED Trinidad & Tobago
CITIBANK (TRINIDAD & TOBAGO) LIMITED Trinidad & Tobago
CITICORP P.R. MORTGAGE, INC. Puerto Rico
CITICORP PENSION MANAGEMENT LTD. Bahamas
GARANTIA PLANEAMIENTO FINANCIERO Y PENSIONES SOCIEDAD ANONIMA Paraguay
CITICORP SECURITIES (JAPAN) LIMITED Cayman Is.
CITICORP SECURITIES (THAILAND) LTD. Thailand
CITICORP SECURITIES BOLIVIA S.A. Bolivia
CITICORP SECURITIES INTERNATIONAL (RP) INC. Philippines
CITICORP FINANCIAL SERVICES AND INSURANCE BROKERAGE PHILIPPINES, INC.* Philippines
CITICORP SERVICES LIMITED New Zealand
CITIBANK NOMINEES (NEW ZEALAND) LIMITED New Zealand
CITICORP NEW ZEALAND LIMITED New Zealand
TWOSTARZ TRUSTEE LIMITED New Zealand
CITICORP SERVIUM S.A. Peru
CITICORP PERU S.A. SOCIEDAD AGENTE DE BOLSA* Peru
CITICORP PERU SOCIEDAD TITULIZADORA S.A. Peru
CITILEASING S.A.* Peru
CITICORP SOFTWARE AND TECHNOLOGY SERVICES (SHANGHAI) LIMITED China
CITICORP SUBSAHARA INVESTMENTS, INC. Delaware
CITICORP TRUSTEE (SINGAPORE) LIMITED Singapore
CITICREDITO S.A. Honduras
CITIDATOS S.A. Ecuador
CITIFINANCE LIMITED Jamaica
CITIMERCHANT BANK LIMITED Jamaica
CITIFINANCE S.A. Haiti
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 23
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIGROUP CAPITAL FINANCE IRELAND LIMITED England
CITIGROUP PARTNERS UK* England
CITIGROUP TRADE SERVICES (MALAYSIA) SENDIRIAN BERHAD Malaysia
CITINVERSIONES, S.A. Guatemala
CITILEASE (KOREA) INC. Korea
CITILEASE FINANSAL KIRALAMA ANONIM SIRKETI Turkey
CITILEASING (HUNGARY) LTD. Hungary
CITILEASING EGYPT S.A.E. Egypt
CITILEASING S.R.O. Czech Republic
CITINVEST CASA DE BOLSA SOCIEDAD ANONIMA Paraguay
CITINVESTMENT CHILE LIMITED Bahamas
CITIPROPERTIES (BVI) LIMITED British Virgin Is.
CITIREALTY CHINA (BVI) LIMITED British Virgin Is.
CITISEGUROS PUERTO RICO, INC. Puerto Rico
CITISERVICE S.P.A. Italy
CITITRUST (BAHAMAS) LIMITED Bahamas
ALBACORE INVESTMENTS, LTD. Bahamas
ANTARES ASSOCIATES LIMITED Bahamas
ASTAIRE ASSOCIATES LIMITED Bahamas
BEACONSFIELD HOLDINGS LIMITED Bahamas
CITITRUST SERVICES LIMITED Bahamas
DONAT INVESTMENTS S.A. Bahamas
FIRST NATIONAL NOMINEES, LTD. Bahamas
HITCHCOCK INVESTMENTS S.A. Bahamas
MADELEINE INVESTMENTS S.A. Bahamas
PROVIDENCE ASSOCIATES, LTD. Bahamas
CITITRUST (CAYMAN) LIMITED Cayman Is.
BRENNAN LIMITED Switzerland
BUCHANAN LIMITED Switzerland
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 24
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
TYLER LIMITED Switzerland
CITITRUST (JERSEY) LIMITED Channel Is.
SECUNDUS NOMINEES (JERSEY) LIMITED Channel Is.
TERTIUS NOMINEES (JERSEY) LIMITED Channel Is.
CITITRUST (KENYA) LIMITED Kenya
CITITRUST (MAURITIUS) LIMITED Mauritius
CITITRUST (SINGAPORE) LIMITED Singapore
CITITRUST (SWITZERLAND) LIMITED Switzerland
CITITRUST AND BANKING CORPORATION Japan
CITIVALORES DE HONDURAS, S.A. Honduras
CITIVALORES, S.A. Guatemala
CITIVALORES, S.A. Panama
CJSC CITIBANK KAZAKHSTAN Kazakhstan
COPELCO CAPITAL (PUERTO RICO), INC. Puerto Rico
CORPIFEXSA, CORPORACION DE INVERSIONES Y FOMENTO DE EXPORTACIONES S.A. Ecuador
CITITRADING S.A. CASA DE VALORES Ecuador
INMOCITI S.A. Ecuador
INMOBIRENTSA S.A. Ecuador
CORPORACION CITIBANK G.F.C. S.A. Costa Rica
ASESORES CORPORATIVOS DE COSTA RICA, S.A. Costa Rica
CITIBANK (COSTA RICA) SOCIEDAD ANONIMA Costa Rica
CITIVALORES PUESTO DE BOLSA, S.A. Costa Rica
DECMONT 1 LLC Delaware
USITI LLC Delaware
DINERS CLUB (THAILAND) LIMITED, THE Thailand
DINERS CLUB ARGENTINA S.A.C. Y DE T. Argentina
DINERS TRAVEL S.A.C. Y DE T. Argentina
SERVICIOS COMERCIALES S.A.C.I.M. Y F. Argentina
DINERS CLUB DE MEXICO S.A. DE C.V. Mexico
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 25
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
DINERS CLUB INTERNATIONAL (HONG KONG) LIMITED Hong Kong
DINERS CLUB INTERNATIONAL (TAIWAN) LIMITED Taiwan
DINERS CLUB OF GREECE, S.A. Greece
DINERS CLUB URUGUAY S.A. Uruguay
DINERS CLUB PARAGUAY S.A. Paraguay
E-SERVE INTERNATIONAL LIMITED India
ENITI LLC Delaware
EUROMAIA FINANCE LLC Delaware
FARFALLA PRIMA LLC Delaware
FARFALLA SECONDA LLC Delaware
FIMEN S.A. Belgium
CITICORP INSURANCE SERVICES S.A./N.V. Belgium
CITIBANK INSURANCE BROKERAGE S.A. Greece
FNC-COMERCIO E PARTICIPACOES LTDA. Brazil
CHELSEA-EMPREENDIMENTOS E PARTICIPACOES LIMITADA Brazil
CITI CP MERCANTIL S.A. Brazil
CITIBANK LEASING S.A.-ARRENDAMENTO MERCANTIL Brazil
CITICORP CORRETORA DE SEGUROS S.A. Brazil
FOFIP S.A. Uruguay
FOREMOST INVESTMENT CORPORATION Delaware
FOURSTARZ LLC Delaware
FIVESTARZ LLC Delaware
ONESTARZ INTERNATIONAL TRADE AND INVESTMENTS CORPORATION Delaware
FRANKLIN LOFT FINANCE LLC Delaware
BRONTE FINANCE PTY LIMITED Australia
COOGEE FINANCE PTY LIMITED* Australia
HUDSON LOFT FINANCE LLC Delaware
INTERNATIONAL CAPITAL FUNDING LIMITED LLC Delaware
HUBERT FUNDING LIMITED LLC Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 26
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
FREPERP 1 LLC Delaware
FREPERP 2 LLC Delaware
FUTURE FINANCIAL CORPORATION Delaware
FUTURE MORTGAGES LIMITED England & Wales
FUTURE MORTGAGES 1 LIMITED England & Wales
HANSEATIC REAL ESTATE B.V.* Netherlands
INARCO INTERNATIONAL BANK N.V. Aruba
INTERCO (INTERMEDIACIONES COMERCIALES) S.A. Bolivia
INTERNATIONAL FINANCE ASSOCIATES, B.V. Netherlands
CITICORP INVESTMENT BANK (THE NETHERLANDS) N.V. Netherlands
CITICORP LEASING NEDERLAND, B.V. Netherlands
INVERSIONES DE CAPITAL DE RIESGO LTDA. Chile
INVERSIONES DE CAPITAL LTDA. Chile
INVERSIONES CITICORP (R.D.), S.A. Dominican Republic
INVERSIONES Y ADELANTOS, C.A. Venezuela
JKO PRIMA LLC Delaware
JKO SECONDA LLC Delaware
JSCB CITIBANK (UKRAINE) Ukraine
MENARA CITI HOLDING COMPANY SDN. BHD. Malaysia
NESSUS INVESTMENT CORPORATION Delaware
CITIBANK PTY LIMITED Australia
OUTSOURCING INVESTMENTS PTY. LIMITED Australia
INTEGRATED PROCESS SOLUTIONS PTY LTD Australia
CITICORP CAPITAL MARKETS AUSTRALIA LIMITED Australia
CITIFUTURES LIMITED Australia
CITISECURITIES LIMITED Australia
CITICORP EQUITY CAPITAL LIMITED Australia
CITICORP GROUP SUPERANNUATION LIMITED Australia
CITICORP INVESTMENTS LIMITED* Australia
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 27
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITICORP LIMITED Australia
CITICORP GENERAL INSURANCE LIMITED Australia
CITICORP LIFE INSURANCE LIMITED Australia
CITICORP NOMINEES PTY. LIMITED Australia
ONEPORT PTY LIMITED Australia
PHINDA PTY. LIMITED Australia
REMITTANCE COLLECTION SERVICES LIMITED Australia
TARWOOD PTY. LIMITED Australia
DINERS CLUB PTY. LTD.* Australia
NIGERIA INTERNATIONAL BANK LIMITED Nigeria
NOSTRO INVESTMENT CORPORATION Delaware
P.T. CITICORP FINANCE INDONESIA Indonesia
P.T. CITICORP SECURITIES INDONESIA Indonesia
PAVEC DEVELOPMENTS LIMITED Ireland
PERPICA LLC Delaware
PROVENCRED 1 Cayman Is.
PROVENCRED 2 Cayman Is.
SILEFED S.R.L. Argentina
REPFIN LTDA. Colombia
CITIINSURANCE AGENCIA DE SEGUROS LTDA. Colombia
CITIVALORES S.A. COMISIONISTA DE BOLSA* Colombia
COMPANIA EXPORTADORA CITYEXPORT S.A.* Colombia
SALOMON SMITH BARNEY (CHILE) S.A. Chile
CITICORP CHILE ADMINISTRADORA GENERAL DE FONDOS Chile
FINAUTO S.A. Chile
SALOMON SMITH BARNEY (CHILE) S.A. CORREDORES DE BOLSA Chile
SERVICIOS FINANCIEROS CITIBANK (CHILE) S.A. Chile
SCOTTISH PROVIDENT (IRISH HOLDINGS) LIMITED Ireland
SEPRACI 3 LLC Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 28
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SEPRACI 1 LLC Delaware
SEPRACI 2 LLC Delaware
TARJETAS DE CHILE S.A. Chile
VIALATTEA LLC Delaware
BUCONERO LLC Delaware
WINTHORPE LLC Delaware
ANGLESEA LLC Delaware
YONDER INVESTMENT CORPORATION Delaware
COMPANIA PREVISIONAL CITI S.A.* Argentina
SIEMBRA ADMINISTRADORA DE FONDOS DE JUBILACIONES Y PENSIONES S.A.*Argentina
LATIN AMERICAN INVESTMENT BANK BAHAMAS LIMITED Bahamas
BRAZIL BOND TRUST New York
CITIBANK BRAZILIAN ANNEX VI TRUST New York
FOREIGN INVESTMENT FUNDO RENDA FIXA CAPITAL ESTRANGEIRO Brazil
CITIBRAZIL BOND FUND-FUNDO DE RENDA FIXA CAPITAL ESTRANGEIRO* Brazil
MOPONI HOLDINGS N.V.* Netherlands Antilles
VERITAS HOLDINGS LIMITED British Virgin Is.
ZAO KB "CITIBANK" Russia
CITILEASING OOO Russia
CITIBANK STRATEGIC TECHNOLOGY INC. Delaware
CITIBANK ZAMBIA LIMITED Zambia
CITIBUREAU ZAMBIA LIMITED Zambia
CITICAPITAL COMMERCIAL CORPORATION Delaware
ASSOCIATES CAPITAL INVESTMENTS, L.L.C. Delaware
JOLIET GENERATION II, LLC Delaware
POWERTON GENERATION II, LLC Delaware
ASSOCIATES CAPITAL SERVICES CORPORATION Indiana
ASSOCIATES COMMERCIAL CORPORATION (AL) Alabama
ASSOCIATES COMMERCIAL CORPORATION OF LOUISIANA Louisiana
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 29
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
ASSOCIATES COMMERCIAL LEASING COMPANY, INC. Delaware
CITICAPITAL COMMERCIAL LEASING CORPORATION Indiana
ASSOCIATES/TRANS-NATIONAL LEASING, INC. Delaware
FLEETMARK, INC. Tennessee
UNITED STATES FLEET LEASING, INC. California
CITICAPITAL SMALL BUSINESS FINANCE, INC. Delaware
CITICAPITAL TRAILER RENTAL, INC. Delaware
FRUEHAUF FINANCE COMPANY Michigan
GREAT DANE FINANCE COMPANY Delaware
PREMIUM LEASE & FINANCE, LLC Delaware
VT FINANCE, INC. Delaware
CITICORP CREDIT SERVICES, INC. Delaware
CITICORP CREDIT SERVICES, INC. (USA) Delaware
CITICORP ELECTRONIC COMMERCE, INC. New York
CITICORP FINANCE PUERTO RICO, INC. Puerto Rico
CITICORP FINANCIAL GUARANTY HOLDINGS, INC. Delaware
CITICORP INSURANCE SERVICES, INC. Delaware
CITICORP INTERIM SERVICES, INC. Delaware
ADV ELEVEN, INC. Delaware
AZ NOTES CORP. Arizona
MONACO ART CORP. New York
MBBT CORP. Florida
MR ABLES INC. New York
CITICORP INVESTMENT SERVICES Delaware
CITICORP LEASING, INC. Delaware
ADV THREE, INC. Delaware
CM FSC II LIMITED Bermuda
CM FSC III LIMITED Bermuda
CM FSC IV, LTD. Bermuda
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 30
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CPI LEASING CORP. Connecticut
CITICORP PAYMENT SERVICES, INC. Delaware
CITICORP REAL ESTATE, INC. Delaware
CITICORP TRUST, N.A. (FLORIDA) USA
CITICORP TRUST, NATIONAL ASSOCIATION USA
CITICORP USA, INC. Delaware
CITIGROUP CCDE INVESTMENT FUND LLC Delaware
CITICORP VENDOR FINANCE, INC. Delaware
COPELCO CAPITAL FUNDING CORP. I Delaware
COPELCO CAPITAL FUNDING CORP. II Delaware
COPELCO CAPITAL FUNDING CORP. III Delaware
COPELCO CAPITAL FUNDING CORP. IV Delaware
COPELCO CAPITAL FUNDING CORP. V Delaware
COPELCO CAPITAL FUNDING CORP. VI Delaware
COPELCO CAPITAL FUNDING CORP. VIII Delaware
COPELCO CAPITAL FUNDING CORP. IX Delaware
COPELCO CAPITAL FUNDING CORP. X Delaware
COPELCO CAPITAL FUNDING CORP. XI Delaware
COPELCO CAPITAL FUNDING LLC 2000-1 Delaware
COPELCO CAPITAL FUNDING LLC 2000-2 Delaware
COPELCO CAPITAL FUNDING LLC 98-1 Delaware
COPELCO CAPITAL FUNDING LLC 99-1* Delaware
COPELCO CAPITAL FUNDING LLC 99-B Delaware
COPELCO CAPITAL RECEIVABLES LLC Delaware
COPELCO CAPITAL RESIDUAL FUNDING LLC I Delaware
COPELCO CREDIT FUNDING CORP. IX Delaware
COPELCO EQUIPMENT LEASING CORPORATION Delaware
COPELCO MANAGEMENT SERVICES, INC. Delaware
COPELCO MANAGER, INC. Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 31
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
NATIONAL EQUIPMENT RENTAL PROGRAM, INC. Delaware
CITICORP VENTURE CAPITAL LTD. New York
CITIFLIGHT, INC. Delaware
CITIGROUP/EAB SERVICES LLC Delaware
CITIMAE, INC. Delaware
CITIMORTGAGE ASSET MANAGEMENT, INC. New York
CITIMORTGAGE, INC. Delaware
CITICORP CREDIT SERVICES, INC. (MARYLAND) Delaware
CITICORP MORTGAGE SECURITIES, INC. Delaware
CMC INSURANCE AGENCY, INC. Michigan
EKS CORP. Delaware
FIRST COLLATERAL SERVICES, INC. Delaware
MHMC INSURANCE AGENCY, INC. Michigan
SOMSC SERVICES, INC. Michigan
CITITRUST (NEW JERSEY) LIMITED Delaware
CITITRUST LIMITED Hong Kong
CITYSPIRE REALTY CORP. New York
DRAKE & CO., LLC Delaware
EAB COMMUNITY DEVELOPMENT CORP. New York
EXCT LLC Hawaii
EXCT HOLDINGS, INC. Hawaii
EXCT LIMITED PARTNERSHIP* Hawaii
GERLACH (NOMINEE) & CO., L.L.C. Delaware
HANK & CO., L.L.C. Delaware
HURLEY & CO., L.L.C. Delaware
INTERNATIONAL EQUITY INVESTMENTS, INC. Delaware
CVC/OPPORTUNITY EQUITY PARTNERS, L.P. Cayman Is.
525 PARTICIPACOES S.A. Brazil
SWEET RIVER FUND Cayman Is.
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 32
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
BELAPART S.A. Brazil
OPPORTUNITY PRIME FUNDO MUTUO DE INVESTIMENTO EM ACOES-CARTEIRA
LIVRE* Brazil
ELETRON S.A.* Brazil
VALETRON S.A. Brazil
ISLAND ABODES CORP. New York
KING (NOMINEE) & CO., L.L.C. Delaware
KORDULA & CO., L.L.C. Delaware
NIMER & CO., L.L.C. Delaware
PENY & CO., L.L.C. Delaware
PERENNIALLY GREEN, INC. New York
STATELY & CO., L.L.C. Delaware
STORMS & CO., L.L.C. Delaware
STUART & CO., L.L.C. Delaware
SWEENEY & CO., L.L.C. Delaware
TWELVE POLO REALTY, INC. New York
UNIVERSAL BANCORP SERVICES, INC. Delaware
WASCO FUNDING CORP. New York
WEBER & CO., L.L.C. Delaware
CITIBANK USA, NATIONAL ASSOCIATION* USA
ASSOCIATES AUTO CLUB SERVICES, INC. Indiana
CDC HOLDINGS INC. Delaware
CITICORP DINERS CLUB INC. Delaware
CITICORP TRUST SOUTH DAKOTA South Dakota
UNITED STATES AUTO CLUB, MOTORING DIVISION, INC. Indiana
WATCHGUARD REGISTRATION SERVICES, INC. Indiana
CITICORP (MEXICO) HOLDINGS LLC Delaware
GRUPO FINANCIERO BANAMEX, S.A. DE C.V. Mexico
ACCIONES Y VALORES DE MEXICO, S.A. DE C.V. Mexico
ACCI ALTA LIQUIDEZ, S.A. DE C.V., SOCIEDAD DE INVERSION EN INSTRUMENTOS
DE DEUDA Mexico
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 33
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
ACCI CORPORATIVO, S.A. DE C.V., SOCIEDAD DE INVERSION EN DEUDA PARA
PERSONAS MORALES Mexico
ACCI SECURITIES, INC. Delaware
ACCI WORLD WIDE, S.A. DE C.V. Mexico
ACCIVALMEX ALTA RENTABILIDAD, S.A. DE C.V., SOCIEDAD DE INVERSION
COMUN* Mexico
ACCIVALMEX PATRIMONIAL, S.A. DE C.V., SOCIEDAD DE INVERSION COMUN* Mexico
ACCIVALMEX, S.A. DE C.V., SOCIEDAD DE INVERSION EN DEUDA PARA PERSONAS
MORALES Mexico
FONDO ACCIVALMEX, S.A. DE C.V., SOCIEDAD DE INVERSION COMUN* Mexico
FONDO DE ALTA LIQUIDEZ BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION EN
INSTRUMENTOS DE DEUDA Mexico
FONDO DE DINERO 1 BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION EN
INSTRUMENTOS DE DEUDA PARA Mexico
PERSONAS FISICAS
FONDO DE DINERO 2 BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION EN
INSTRUMENTOS DE DEUDA PARA Mexico
PERSONAS FISICAS
FONDO DE DINERO 3 BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION EN
INSTRUMENTOS DE DEUDA PARA Mexico
PERSONAS FISICAS
FONDO DE INVERSION A PLAZO BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION
EN INSTRUMENTOS DE DEUDA Mexico
FONDO DISCRECIONAL BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION COMUN Mexico
FONDO EMPRESARIAL BANAMEX, S.A. DE C.V., SOCIEDAD DE EN INSTRUMENTOS DE
DEUDA PARA PERSONAS MORALES Mexico
FONDO FINANCIERO BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION EN
INSTRUMENTOS DE DEUDA Mexico
FONDO INDIZADO BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION COMUN Mexico
FONDO PREPONDERANTEMENTE EN DEUDA BANAMEX, S.A. DE C.V., SOCIEDAD DE
INVERSION COMUN Mexico
IMPULSORA DE FONDOS, S.A. DE C.V. Mexico
ARRENDADORA BANAMEX, S.A. DE C.V., ORGANIZACION AUXILIAR DEL CREDITO, GRUPO
FINANCIERO BANAMEX Mexico
BANCO NACIONAL DE MEXICO, S.A. Mexico
ABA SIS, S.A. DE C.V. Mexico
AEROPERSONAL, S.A. DE C.V. Mexico
AFORE BANAMEX AEGON, S.A. DE C.V.* Mexico
PRH AFORE BANAMEX AEGON, S.A. DE C.V. Mexico
SERVICIOS CORPORATIVOS AFORE BANAMEX, S.A. DE C.V. Mexico
SIEFORE BANAMEX #1, S.A. DE C.V. Mexico
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 34
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SIEFORE BANAMEX #2, S.A. DE C.V. Mexico
VIDAPASS, SOCIEDAD ANONIMA DE CAPITAL VARIABLE Mexico
BANAMEX ACCIVAL ASSET MANAGEMENT, LTD. Ireland
DESARROLLADORA MEXICANA DE INMUEBLES, S.A. DE C.V. Mexico
EUROAMERICAN CAPITAL CORPORATION LIMITED Cayman Is.
FONDO CORPORATIVO BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION EN
INSTRUMENTOS DE DEUDA Mexico
FONDO DE INVERSIONES BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION
COMUN Mexico
FONDO FINANCIERO 2 BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION
COMUN. Mexico
FONDO INTEGRAL BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION EN
INSTRUMENTOS DE DEUDA* Mexico
FONDO INTEGRA 3 BANAMEX, S.A. DE C.V., SOCIEDAD DE INVERSION EN
INSTRUMENTOS DE DEUDA Mexico
GRUPO PROAGRO, S.A. DE C.V. Mexico
PROYECTOS AGRICOLAS, S.A. DE C.V. Mexico
PLUSAGRO, S.A. DE C.V. Mexico
INTERMEDIADORA DE FRUTAS, S.A. DE C.V. Mexico
INTERALTA, S.A. DE C.V. Mexico
HACIENDA EL CAMPANARIO, S.A. DE C.V. Mexico
IMREF S.A. DE C.V. Mexico
INMOBILIARIA CITIBANK, S.A. DE C.V. Mexico
INMOBILIARIA PROVINCIAL DEL NORTE, S.A. DE C.V. Mexico
INMUEBLES BANAMEX, S.A. DE C.V. Mexico
PROMOCIONES INMOBILIARIAS BANAMEX, S.A. DE C.V. Mexico
DESARROLLOS INMOBILIARIOS ESPECIALIZADOS, S.A. Mexico
PROMOTORA BANAMEX DE SISTEMAS DE TELEINFORMATICA Y TELECOMUNICACIONES,
S.A. DE C.V. Mexico
PLANEACION DE RECURSOS HUMANOS, S.A. DE C.V. Mexico
AVANTEL, S.A. Mexico
AVANTEL RECURSOS, S.A. DE C.V. Mexico
AVANTEL EQUIPOS, S.A. DE C.V. Mexico
AVANTEL SERVICIOS LOCALES, S.A. Mexico
INTELIGIA, S.A. Mexico
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 35
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
PROMOTORA DE BIENES Y SERVICIOS BANAMEX, S.A. DE C.V. Mexico
PROCESADORA DE PLASTICOS COMERCIALES, S.A. Mexico
DIRECCION PROFESIONAL DE EMPRESAS AFILIADAS, S.A. Mexico
SERVICIOS AERONAUTICOS AEROPERSONAL, S.A. DE C.V. Mexico
SERVICIOS CORPORATIVOS DE FINANZAS, S.A. DE C.V. Mexico
SERVIFONDOS, S.A. DE C.V. Mexico
CASA DE BOLSA BANAMEX, S.A. DE C.V., GRUPO FINANCIERO BANAMEX Mexico
PENSIONES BANAMEX, S.A. DE C.V., INTEGRANTE DEL GRUPO FINANCIERO BANAMEX Mexico
SEGUROS BANAMEX, S.A. DE C.V., INTEGRANTE DEL GRUPO FINANCIERO BANAMEX Mexico
SERVICIOS EJECUTIVOS BANAMEX AEGON, S.A. DE C.V. Mexico
SERVICIOS PROFESIONALES BANAMEX AEGON, S.A. DE C.V. Mexico
CITICORP BANKING CORPORATION Delaware
ASSOCIATES FIRST CAPITAL CORPORATION Delaware
AFSC AGENCY OF ALABAMA, INC. Alabama
AFSC AGENCY, INC. (AK) Arkansas
AFSC AGENCY, INC. (AZ) Arizona
AFSC AGENCY, INC. (CA) California
AFSC AGENCY, INC. (DE) Delaware
AFSC AGENCY, INC. (HI) Hawaii
AFSC AGENCY, INC. (ID) Idaho
AFSC AGENCY, INC. (KY) Kentucky
AFSC AGENCY, INC. (LA) Louisiana
AFSC AGENCY, INC. (MS) Mississippi
AFSC AGENCY, INC. (MT) Montana
AFSC AGENCY, INC. (NC) North Carolina
AFSC AGENCY, INC. (NM) New Mexico
AFSC AGENCY, INC. (NV) Nevada
AFSC AGENCY, INC. (SD) South Dakota
AFSC AGENCY, INC. (VA) Virginia
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 36
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
AFSC AGENCY, INC. (WA) Washington
ALLIED FINANCIAL SERVICES INSURANCE AGENCY, INC. Massachusetts
ASSOCIATES ASSET BACKED SECURITIES CORP. Delaware
ASSOCIATES AUTO CLUB SERVICES INTERNATIONAL, INC. Delaware
ASSOCIATES AUTOCLUB, SOCIEDAD DE RESPONSABILIDAD LIMITADA DE CAPITAL
VARIABLE Mexico
ASSOCIATES CAPITAL BANK, INC. Utah
ASSOCIATES CAPITAL CORPORATION OF CANADA Canada
CITICAPITAL COMMERCIAL CORPORATION Canada
CITICAPITAL LIMITED Ontario, Canada
CITICAPITAL TECHNOLOGY FINANCE LTD. Canada
INSUREX CANADA, INC. Canada
PAYPLAN CANADA, INC. Canada
THE ASSOCIATES CORPORATION Delaware
CITICAPITAL COMMERCIAL LEASING CORPORATION Canada
CITIFINANCIAL CANADA, INC. Canada
CITI COMMERCE SOLUTIONS OF CANADA LTD. Ontario, Canada
CITIFINANCIAL CANADA EAST CORPORATION Canada
LONDON AND MIDLAND GENERAL INSURANCE COMPANY Canada
ASSOCIATES CORPORATION OF NORTH AMERICA (A TEXAS CORPORATION) Texas
ASSOCIATES CREDIT SERVICES, INC. Delaware
ASSOCIATES DIVERSIFIED SERVICES, INC. Delaware
ASSOCIATES FINANCIAL LIFE INSURANCE COMPANY Tennessee
ASSOCIATES FINANCIAL LIFE INSURANCE COMPANY OF TEXAS Texas
ASSOCIATES HOUSING FINANCE, LLC Delaware
ASSOCIATES INFORMATION SERVICES, INC. Delaware
ASSOCIATES INSURANCE AGENCY, INC. Nevada
ASSOCIATES INSURANCE GROUP, INC. Delaware
ASSOCIATES REAL ESTATE FINANCIAL SERVICES COMPANY, INC. Delaware
ASSOCIATES FIRST CAPITAL MORTGAGE CORPORATION Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 37
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
ASSOCIATES VENTURE CAPITAL, LLC Delaware
ATLANTIC GENERAL INSURANCE LIMITED Bermuda
ATLANTIC REINSURANCE LIMITED Bermuda
CAPCO GENERAL AGENCY, INC. (MI) Michigan
CAPITAL INSURANCE AGENCY, INC. Kentucky
CITIFINANCIAL CREDIT COMPANY Delaware
AMERICAN HEALTH AND LIFE INSURANCE COMPANY Texas
ARCADIA FINANCIAL LTD. Minnesota
ARCADIA 1992-B RECEIVABLES CAPITAL CORP. Delaware
ARCADIA FIRST GP INC. Delaware
ARCADIA RECEIVABLES CAPITAL CORP. Delaware
ARCADIA RECEIVABLES CONDUIT CORP. Delaware
ARCADIA RECEIVABLES FINANCE CORP. Delaware
ARCADIA RECEIVABLES FINANCE CORP. II Delaware
ARCADIA RECEIVABLES FINANCE CORP. III Delaware
ARCADIA RECEIVABLES FINANCE CORP. IV Delaware
ARCADIA RECEIVABLES FINANCE CORP. V Delaware
ARCADIA RECEIVABLES FINANCE CORP. VI Delaware
ARCADIA RECEIVABLES FINANCING CORPORATION Minnesota
ARCADIA RECEIVABLES MARKETING CORP. Minnesota
ARCADIA SECOND GP INC. Delaware
CC CREDIT CARD CORPORATION Delaware
CC FINANCE SYSTEM INCORPORATED Delaware
CHESAPEAKE APPRAISAL AND SETTLEMENT SERVICES INC. Maryland
CHESAPEAKE APPRAISAL AND SETTLEMENT SERVICES AGENCY OF OHIO INC. Ohio
CHESAPEAKE WEST ESCROW SERVICES INC. California
CITICORP HOME EQUITY, INC. North Carolina
CC CONSUMER SERVICES OF ALABAMA, INC. Alabama
CC HOME LENDERS FINANCIAL, INC. Georgia
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 38
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CC HOME LENDERS, INC. Ohio
CITICORP HOME MORTGAGE SERVICES, INC. North Carolina
CITIFINANCIAL OF WEST VIRGINIA, INC. West Virginia
CITIFINANCIAL SERVICES, INC. (PA) Pennsylvania
CITIFINANCIAL SERVICES, INC. 384, LLC Delaware
CITIFINANCIAL, INC. (TX) Texas
CITICORP TRUST BANK, FSB Delaware
CITIFINANCIAL ADMINISTRATIVE SERVICES, INC. Texas
CITIFINANCIAL ALABAMA, INC. Alabama
CITIFINANCIAL COMPANY Delaware
CITIFINANCIAL COMPANY 373, LLC Delaware
CITIFINANCIAL CONSUMER SERVICES, INC. Delaware
CITIFINANCIAL CORPORATION (CO) Colorado
CITIFINANCIAL CORPORATION 305, LLC Delaware
CITIFINANCIAL MANAGEMENT CORPORATION Maryland
CITIFINANCIAL MORTGAGE COMPANY, INC. New York
AHES REIT CORPORATION Delaware
ASSOCIATES HOME EQUITY RECEIVABLES CORP. Delaware
CITIFINANCIAL MORTGAGE CONSUMER DISCOUNT COMPANY Pennsylvania
CITIFINANCIAL MORTGAGE INDUSTRIAL LOAN COMPANY Minnesota
CITIFINANCIAL MORTGAGE LOAN CORPORATION Florida
CITIFINANCIAL OF VIRGINIA, INC. Virginia
CITIFINANCIAL SERVICES, INC. (CA) California
CITIFINANCIAL SERVICES, INC. 203, LLC Delaware
CITIFINANCIAL SERVICES, INC. (DE) Delaware
CITIFINANCIAL SERVICES, INC. 309, LLC Delaware
CITIFINANCIAL SERVICES, INC. (GA) Georgia
CITIFINANCIAL SERVICES, INC. 311, LLC Delaware
CITIFINANCIAL SERVICES, INC. (MA) Massachusetts
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 39
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIFINANCIAL SERVICES, INC. 224, LLC Delaware
CITIFINANCIAL SERVICES, INC. (MN) Minnesota
CITIFINANCIAL SERVICES, INC. 336, LLC Delaware
CITIFINANCIAL SERVICES, INC. (MO) Missouri
CITIFINANCIAL SERVICES, INC. 337, LLC Delaware
CITIFINANCIAL SERVICES, INC. (OH) Ohio
CITIFINANCIAL SERVICES, INC. 235, LLC Delaware
CITIFINANCIAL SERVICES, INC. (UT) Utah
CITIFINANCIAL SERVICES, INC. (VA) Virginia
CITIFINANCIAL SERVICES, INC. 356, LLC Delaware
CITIFINANCIAL, INC. (HI) Hawaii
CITIFINANCIAL, INC. 221, LLC Delaware
CITIFINANCIAL, INC. (IA) Iowa
CITIFINANCIAL CORPORATION, LLC Delaware
CITIFINANCIAL CORPORATION 216, LLC Delaware
CITIFINANCIAL, INC. 211, LLC Delaware
CITIFINANCIAL, INC. (KY) Kentucky
CITIFINANCIAL SERVICES, INC. (KY) Kentucky
CITIFINANCIAL SERVICES, INC. 478, LLC Delaware
CITIFINANCIAL, INC. 228, LLC Delaware
CITIFINANCIAL, INC. (MD) Maryland
CITIFINANCIAL SERVICES, INC. (OK) Oklahoma
CITIFINANCIAL SERVICES, INC. 344, LLC Delaware
CITIFINANCIAL, INC. 209, LLC Delaware
CITIFINANCIAL, INC. (NY) New York
CITIFINANCIAL, INC. 341, LLC Delaware
CITIFINANCIAL, INC. (OH) Ohio
CITIFINANCIAL, INC. 486, LLC Delaware
CITIFINANCIAL, INC. (SC) South Carolina
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 40
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIFINANCIAL, INC. 218, LLC Delaware
CITIFINANCIAL, INC. (TN) Tennessee
CITIFINANCIAL, INC. 352, LLC Delaware
CITIFINANCIAL, INC. (WV) West Virginia
CITIFINANCIAL, INC. 359, LLC Delaware
CITIFINANCIAL, INC. NC North Carolina
CITIFINANCIAL, INC. NC 215, LLC Delaware
COMMERCIAL CREDIT INSURANCE SERVICES, INC. Maryland
COMMERCIAL CREDIT INSURANCE AGENCY (P&C) OF MISSISSIPPI, INC. Mississippi
COMMERCIAL CREDIT INSURANCE AGENCY OF ALABAMA, INC. Alabama
COMMERCIAL CREDIT INSURANCE AGENCY OF HAWAII, INC. Hawaii
COMMERCIAL CREDIT INSURANCE AGENCY OF KENTUCKY, INC. Kentucky
COMMERCIAL CREDIT INSURANCE AGENCY OF MASSACHUSETTS, INC. Massachusetts
COMMERCIAL CREDIT INSURANCE AGENCY OF NEVADA, INC. Nevada
COMMERCIAL CREDIT INSURANCE AGENCY OF NEW MEXICO, INC. New Mexico
COMMERCIAL CREDIT INSURANCE AGENCY OF OHIO, INC. Ohio
COMMERCIAL CREDIT INTERNATIONAL, INC. Delaware
COMMERCIAL CREDIT INTERNATIONAL BANKING CORPORATION Oregon
PARK TOWER HOLDINGS, INC. Delaware
CC RETAIL SERVICES, INC. Delaware
RESOURCE DEPLOYMENT, INC. Texas
TRANSOUTH FINANCIAL CORPORATION South Carolina
TRANSOUTH FINANCIAL CORPORATION OF IOWA Iowa
TRANSOUTH MORTGAGE CORPORATION South Carolina
TRITON INSURANCE COMPANY Missouri
VEROCHRIS CORPORATION Delaware
WORLD SERVICE LIFE INSURANCE COMPANY Colorado
CITIFINANCIAL INSURANCE AGENCY, INC. Wyoming
CITIFINANCIAL MORTGAGE COMPANY (FL), LLC Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 41
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIFINANCIAL MORTGAGE COMPANY, LLC Delaware
FAMILY INSURANCE CORPORATION Wisconsin
FINANCIAL REASSURANCE COMPANY, LTD. Bermuda
FIRST FAMILY FINANCIAL SERVICES, INC. (DE) Delaware
FIRST INSURANCE AGENCY, INC. Kentucky
MORCO GENERAL AGENCY, INC. Ohio
NORTHERN INSURANCE AGENCY, INC. Illinois
SECOND INSURANCE AGENCY, INC. Missouri
THE ASSOCIATES PAYROLL MANAGEMENT SERVICE COMPANY, INC. Delaware
THIRD INSURANCE AGENCY, INC. Kentucky
BEST MARKET S.A. Argentina
CBC/TST INVESTMENTS LLC Delaware
CITI FCP S.A. Luxembourg
CITI ISLAMIC INVESTMENT BANK Bahrain
CITI ISLAMIC PORTFOLIOS S.A. Luxembourg
CITIACCIONES FLEXIBLE, S.A. DE C.V., SOCIEDAD DE INVERSION COMUN* Mexico
CITIACCIONES PATRIMONIAL, S.A. DE C.V., SOCIEDAD DE INVERSION COMUN* Mexico
CITIBANK (SWITZERLAND) Switzerland
LEGION PORTFOLIOS (LUXEMBOURG) Luxembourg
CITIBANK (WEST) BANCORP INC. Delaware
CITIBANK (WEST) HOLDINGS INC. Delaware
CITIBANK (WEST), FSB USA
AUTO ONE ACCEPTANCE CORPORATION Texas
CAL FED HOLDINGS, INC. California
FNB REAL ESTATE CORP. Texas
CAL FED INVESTMENTS California
CAL FED, LLC Delaware
CAL FED SYNDICATIONS California
CALIFORNIA FEDERAL PREFERRED CAPITAL CORPORATION Maryland
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 42
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
BASS LAKE JOINT VENTURE California
FIRST ESTATE CORPORATION California
GLENFED DEVELOPMENT CORP. California
FIRST NATIONWIDE MORTGAGE CORPORATION Delaware
FIVE STAR SERVICE CORPORATION California
FNC INSURANCE AGENCY, INC. California
CAL FED INSURANCE AGENCY, INC. California
MASTER MORTGAGE COMPANY California
VERDUGO TRUSTEE SERVICE CORPORATION California
FRANCISCAN FINANCIAL CORPORATION California
AUBURN 49 ASSOCIATES California
SAN FRANCISCO AUXILIARY CORPORATION California
UNIFIED MORTGAGE, LLC Delaware
GOLDEN STATE MANAGEMENT, INC. Delaware
GSB AVIATION (TWO) LLC Delaware
CITIBANK, FEDERAL SAVINGS BANK USA
CITIBANK MORTGAGE SERVICES, INC. Florida
CITIBANK SERVICE CORPORATION California
CITICORP INSURANCE AGENCY, INC. District of Columbia
FIRST SAVINGS CORPORATION Illinois
HOLIDAY HARBOR MANAGEMENT CORPORATION Florida
WEST SUBURBAN INVESTMENTS, INC. Illinois
FIRST PADDLE CREEK, INC. Florida
WEST FLORIDA INVESTMENTS, INC. Florida
WEST SUBURBAN INVESTMENTS, INC. OF CALIFORNIA California
WEST SUBURBAN INVESTMENTS, INC. OF COLORADO Colorado
CITICORP (JERSEY) LIMITED Channel Is.
CITICORP CAPITAL INVESTORS EUROPE LIMITED Delaware
CITICORP COMMUNITY DEVELOPMENT, INC. New York
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 43
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITICORP DATA SYSTEMS INCORPORATED Delaware
CITICORP DELAWARE SERVICES, INC. Delaware
CITICORP FUNDING, INC. Delaware
CITICORP GLOBAL HOLDINGS, INC. Delaware
CITICORP INFORMATION TECHNOLOGY, INC. Delaware
CITICORP INSURANCE USA, INC. Vermont
CITICORP INTERNATIONAL FINANCE CORPORATION Delaware
BRAZIL HOLDINGS INC. LIMITED Bahamas
CITICORP MERCANTIL-PARTICIPACOES E INVESTIMENTOS S.A. Brazil
OAK FUNDING CORPORATION B.V. Netherlands
TRAVELYA!.COM, INC. Florida
CITICORP INTERNATIONAL INSURANCE COMPANY, LTD. Bermuda
CITICORP INTERNATIONAL TRADE INDEMNITY, INC. New Jersey
CITICORP INTERNATIONAL TRADING COMPANY, INC. Delaware
CITICOM DE MEXICO, S.A. DE C.V. Mexico
CITICORP INTERNATIONAL TRADING COMPANY (BAHAMAS) LTD. Bahamas
CITICORP INTERNATIONAL TRADING COMPANY ARGENTINA S.A. Argentina
CITICORP TRADING S.A. Brazil
COMERCIALIZADORA CITICORP, S.A. Dominican Republic
ESMERIL TRADING LDA Portugal
MARCHANTE TRADING LDA Portugal
RICHEMONT SERVICOS LDA Portugal
TREVANO SERVICOS E GESTAO LDA Portugal
TURBANTE COMERCIO INTERNACIONAL LDA Portugal
VILACETE INVESTIMENTOS E GESTAO LDA Portugal
CITICORP INVESTMENT MANAGEMENT (LUXEMBOURG) S.A. Luxembourg
CITICORP INVESTMENT PARTNERS, INC. Delaware
CITICORP SECURITIES ASIA PACIFIC LIMITED Hong Kong
ASIA INVESTORS LLC* Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 44
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIBANK GLOBAL ASSET MANAGEMENT (ASIA) LIMITED Hong Kong
CITICORP SECURITIES INVESTMENT CONSULTING INC. Taiwan
CITICORP STRATEGIC TECHNOLOGY CORPORATION Delaware
CITICORP TRUST COMPANY (MARYLAND) Maryland
CITIDEL, INC. Delaware
CITIFONDO DE LIQUIDEZ, S.A. DE C.V, SOCIEDAD DE INVERSION EN INSTRUMENTOS DE
DEUDA PARA PERSONAS FISICAS* Mexico
CITIFONDO GUBERNAMENTAL, S.A. DE C.V., SOCIEDAD DE INVERSION EN INSTRUMENTOS
DE DEUDA PARA PERSONAS MORALES Mexico
CITIFONDO INSTITUCIONAL, S.A. DE C.V., SOCIEDAD DE INVERSION EN INSTRUMENTOS DE
DEUDA PARA PERSONAS MORALES* Mexico
CITIGROUP ALTERNATIVE INVESTMENTS PRIVATE EQUITY GP LLC Delaware
CITIGROUP PRIVATE BANK GP, INC. Delaware
THE CITIGROUP PRIVATE BANK EMPLOYEE CO-INVESTMENT PROGRAM (FEEDER), LTD. Cayman Is.
CITIGROUP PROPERTY LIMITED England
CITIGROUP SERVICES (JAPAN) LTD. Cayman Is.
CITIGROUP TECHNOLOGY, INC. Delaware
CITIGROUP VENTURE CAPITAL MANAGER HOLDINGS, LTD. Delaware
CVC MANAGEMENT LLC Delaware
CITIGROUP WASHINGTON, INC. District of Columbia
CITILIFE S.A./N.V. Belgium
CITIMARKETS S.A. Luxembourg
CITIMONEY S.A. Luxembourg
CITIPLAZO, S.A. DE C.V., SOCIEDAD DE INVERSION EN INSTRUMENTOS DE DEUDA* Mexico
CITIRENTA, S.A. DE C.V., SOCIEDAD DE INVERSION EN INSTRUMENTOS DE DEUDA Mexico
CITISHARE CORPORATION Delaware
CITITRUST S.P.A.-ISTITUTO FIDUCIARIO Italy
CMI OF DELAWARE, INC. Delaware
CORPORACION INVERSORA DE CAPITALES S.R.L. Argentina
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 45
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
COPELCO REINSURANCE COMPANY, LTD. Bermuda
COURT SQUARE CAPITAL LIMITED Delaware
CITICORP TECHNOLOGY HOLDINGS INC. Delaware
ORBITECH LIMITED India
CITICORP BROKERAGE (INDIA) LIMITED India
ORBITECH SOLUTIONS LIMITED India
CITICORP VENTURE CAPITAL (CAYMAN) LTD. Cayman Is.
CITICORP VENTURE CAPITAL INVESTORS LIMITED Cayman Is.
CITIGROUP VENTURE CAPITAL GP HOLDINGS, LTD. Delaware
CVC EXECUTIVE FUND LLC Delaware
CITIGROUP VENTURE CAPITAL EQUITY PARTNERS, L.P. Delaware
CVC/SSB EMPLOYEE FUND, LP Delaware
CITIGROUP VENTURE CAPITAL LP HOLDINGS, LTD. Delaware
DELCO REMY INTERNATIONAL, INC.* Delaware
FCC HOLDING CORPORATION Delaware
FLENDER HOLDING COMPANY S.A.* Luxembourg
MSX INTERNATIONAL, INC.* Delaware
STANDARD STEEL, INC. Delaware
TBW LLC New York
CROSSMAR, INC. Delaware
EM SPECIAL OPPORTUNITIES FUND III LLC Delaware
HOUSING SECURITIES, INC. Delaware
INVERSIONES CITIMINERA S.A. Chile
MORTGAGE CAPITAL FUNDING INC. Delaware
ORBIAN CORPORATION LTD.* Bermuda
ORBIAN CORPORATION Delaware
ORBIAN (UK) LIMITED England
ORBIAN SERVICES LIMITED Ireland
ORBIAN MANAGEMENT LIMITED England
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 46
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SIEMBRA SEGUROS DE RETIRO S.A. Argentina
SIEMBRA SEGUROS DE VIDA S.A. Argentina
UNIVERSAL FINANCIAL CORP. Utah
CITICORP CAPITAL I Delaware
CITICORP CAPITAL II Delaware
CITICORP CAPITAL III Delaware
CITICORP CAPITAL INVESTORS, LIMITED Delaware
CITICORP MEZZANINE PARTNERS III, L.P. Delaware
CITICORP MEZZANINE PARTNERS, L.P. New York
CVC CAPITAL FUNDING, INC. Delaware
CVC CAPITAL FUNDING, LLC Delaware
WORLD EQUITY PARTNERS, L.P. Delaware
WORLD SUBORDINATED DEBT PARTNERS, L.P. Delaware
CITICORP ELECTRONIC FINANCIAL SERVICES, INC. New York
CITICORP SERVICES INC. Delaware
CITICORP NATIONAL SERVICES, INC. Delaware
CITICORP NORTH AMERICA, INC. Delaware
1025 VERMONT INVESTORS, L.L.C.* Delaware
1400 EYE INVESTORS, L.L.C.* Delaware
ADV ONE, INC. Delaware
ASSET D VEHICLE, INC. Delaware
CG CASEY I, LLC Delaware
CITICORP CHURCHILL LEASE, INC. Delaware
CITICORP EPIC FINANCE, INC. Delaware
CITICORP FSC II LTD. Bermuda
CITICORP GLOBAL LEASE, INC. Delaware
CITICORP MT AQUARIUS SHIP, INC. Delaware
CITICORP MT ARIES SHIP, INC. Delaware
CITICORP SIERRA LEASE, INC. Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 47
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITICORP TRANSLEASE, INC. Delaware
CGI CAPITAL, INC. Delaware
CITICORP LEASING (ALYESKA), INC. Delaware
CITICORP LESCAMAN, INC. New York
CITICORP PETROLEASE, INC. Delaware
CITICORP TULIP LEASE, INC. Delaware
CM LEASING MEMBER 1995 TRUST-A2 Delaware
CITIMARLEASE (BURMAH I), INC. Delaware
CITIMARLEASE (BURMAH I), INC. UTA (9/28/72)* Delaware
CITIMARLEASE (BURMAH LIQUEGAS), INC. Delaware
CITIMARLEASE (BURMAH LIQUEGAS), INC. UTA (9/28/72)* Delaware
CITIMARLEASE (BURMAH LNG CARRIER), INC. Delaware
CITIMARLEASE (BURMAH LNG CARRIER), INC. UTA (9/28/72)* Delaware
CITIMARLEASE (FULTON), INC. Delaware
CITIMARLEASE (WHITNEY), INC. Delaware
CITIFINANCIAL MORTGAGE SECURITIES INC. Delaware
CM FSC I LTD. Bermuda
CM LEASING MEMBER 1995 TRUST-A1 Delaware
CM NORTH AMERICA HOLDING COMPANY* Canada
CM LEASING COMPANY* Canada
CM TULIP HOLDING COMPANY* Canada
ESSL 1, INC. Delaware
ESSL 2, INC. Delaware
EVENT DRIVEN PORTFOLIO LLC Delaware
FCL SHIP ONE, INC. Delaware
FCL SHIP THREE, INC. Delaware
FCL SHIP TWO, INC. Delaware
GRAND RIVER NAVIGATION COMPANY* Delaware
JBG/6TH STREET RESIDENTIAL, L.L.C.* Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 48
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
LEGION STRATEGIES LLC Delaware
LOWER LAKES TOWING LTD. Canada
LOWER LAKES TRANSPORTATION COMPANY Delaware
POP TROPHY I INC. New York
POP TROPHY INC. New York
PRITIRED 1 LLC Delaware
PRITIRED 2 LLC Delaware
S.P.L., INC. Delaware
SCIENCE DEFEASANCE CORP. Delaware
SOMANAD 1 LLC Delaware
SOMANAD 2 LLC Delaware
CITIINSURANCE INTERNATIONAL HOLDINGS INC. Delaware
CITI FUBON LIFE INSURANCE COMPANY HONG KONG LIMITED Hong Kong
CITIINSURANCE DO BRASIL VIDA E PREVIDENCIA S.A. Brazil
CITIINSURANCE INTERNATIONAL LIFE HOLDINGS I INC. Delaware
CITIINSURANCE INTERNATIONAL LIFE HOLDINGS II INC. Delaware
CITIINSURANCE INTERNATIONAL PC HOLDINGS I INC. Delaware
CITIINSURANCE INTERNATIONAL PC HOLDINGS II INC. Delaware
CITIINSURANCE POLSKA TOWARZYSTWO UBEZPIECZEN NA ZYCIE SPOLKA AKCYJNA Poland
FARNCOMBE 1A LLC Delaware
FARNCOMBE 2 LLC* Delaware
FARNCOMBE 3 LLC Delaware
FARNCOMBE 4 LLC Delaware
HASCOMBE LIMITED (UK) England
FARNCOMBE 1B LLC Delaware
HOLDING BUSA II, S. DE R.L. DE C.V. Mexico
HOLDING BUSA, S. DE R.L. DE C.V. Mexico
BANAMEX USA BANCORP California
CALIFORNIA COMMERCE BANK California
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 49
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CALIFORNIA COMMERCE BANC SECURITIES, INC. California
COMMUNICO California
WINTER CAPITAL INTERNATIONAL LLC Delaware
WINTER CAPITAL CONSULTING LLC Delaware
WINTER CAPITAL MANAGEMENT INTERNATIONAL LLC Cayman Is.
CITIGROUP INVESTMENT HOLDINGS INC. Delaware
CITIGROUP INVESTMENTS INC. Delaware
CITIGROUP ALTERNATIVE INVESTMENTS LLC Delaware
CITIGROUP ALTERNATIVE INVESTMENTS GP, LLC Delaware
CITIGROUP ALTERNATIVE INVESTMENTS EUROPEAN FUND ADVISOR LLC* Delaware
CITIGROUP ALTERNATIVE INVESTMENTS GENERAL REAL ESTATE MEZZANINE INVESTMENTS II,
LLC* Delaware
CT MEZZANINE PARTNERS II, L.P.* Delaware
CT MP II LLC* Delaware
CITIGROUP ALTERNATIVE INVESTMENTS OPPORTUNITY FUND IV ASSOCIATES, LLC* Delaware
EUROPEAN GREIO/TIC REAL ESTATE INVESTMENTS LLC* Delaware
GREIO ISLAMIC GP LLC* Delaware
GREIO AL-SOOR REALTY L.P.* Delaware
COURTNEY PARK LEASEHOLD, LLC Florida
CTK INVESTORS 1 LP Delaware
CTK INVESTORS 2 LP Delaware
DUNHILL LEASEHOLD LLC Delaware
GATEHOUSE LEASEHOLD LLC Delaware
HIGHPOINT INVESTORS LP Delaware
HOLLAND LEASEHOLD LLC Delaware
PARK KNOLL LEASEHOLD LLC Delaware
TRIBECA MANAGEMENT LLC Delaware
CITIGROUP MANAGEMENT CORP. Delaware
FS SECURITIES HOLDINGS INC. Delaware
FS ASIA HOLDINGS LLC* Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 50
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
MRC HOLDINGS, INC. Delaware
SALOMON SMITH BARNEY HOLDINGS INC. New York
BLUE I ASSET SECURITIZATION SPECIALTY LIMITED* Korea
NEXTCO INC. Delaware
PENDRAGON GUINEVERE FUND LLC England
PHIBRO ENERGY PRODUCTION, INC. Delaware
PHIBRO INC. Delaware
MC2 TECHNOLOGIES, INC. Delaware
PHIBRO ENERGY CLEARING, INC. Delaware
PHIBRO FUTURES AND METALS LIMITED England
PHIBRO GMBH Switzerland
PHIBRO (ASIA) PTE LTD Singapore
SCANPORTS LIMITED England
TURAVENT OIL AG Switzerland
PHIBRO HOLDINGS LIMITED England
SCANPORTS SHIPPING, INC. Delaware
PHIBRO RESOURCES CORP. Delaware
R-H CAPITAL, INC. Delaware
R-H/TRAVELERS, L.P.* Delaware
R-H CAPITAL PARTNERS, L.P. Delaware
R-H VENTURE CAPITAL, LLC Delaware
ROBINSON-HUMPHREY NETLANTA(SM) FUND I, L.P. Georgia
SALOMON BROTHERS HOLDING COMPANY INC. Delaware
AST STOCKPLAN, INC. Delaware
BAEK HO ASSET SECURITIZATION SPECIALTY LIMITED Korea
BAEK JO ASSET SECURITIZATION SPECIALTY LIMITED Korea
BAEK MA ASSET SECURITIZATION SPECIALTY LIMITED Korea
BAEK MA II ASSET SECURITIZATION SPECIALTY LIMITED Korea
CEFOF GP I CORP. Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 51
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
CITIGROUP EMPLOYEE FUND OF FUNDS (CAYMAN) I, LP Cayman Is.
CITIGROUP EMPLOYEE FUND OF FUNDS (DE-UK) I, LP Delaware
CITIGROUP EMPLOYEE FUND OF FUNDS (UK) I, LP* England & Wales
CELFOF GP CORP. Delaware
CITIGROUP EMPLOYEE FUND OF FUNDS (MASTER FUND) I, LP* Delaware
CITIGROUP EMPLOYEE FUND OF FUNDS (US-UK) I, LP Delaware
CITIGROUP EMPLOYEE FUND OF FUNDS I, LP Delaware
CITICORP SECURITIES SERVICES, INC. Delaware
CITIGROUP PAYCO LLC Delaware
HAE RYONG ASSET SECURITIZATION SPECIALTY LIMITED Korea
HUWEST COMPANY, L.L.C. Delaware
JEONG SANG ASSET SECURITIZATION SPECIALTY LIMITED Korea
LOAN PARTICIPATION HOLDING CORPORATION Delaware
HOME MAC GOVERNMENT FINANCIAL CORPORATION District of Columbia
HOME MAC MORTGAGE SECURITIES CORPORATION District of Columbia
LT INVESTMENT I, LLC New York
LT INVESTMENT II, LLC New York
NETB HOLDINGS LLC Delaware
PB-SB INVESTMENTS, INC Delaware
PB-SB 1983 I New York
PB-SB 1983 III New York
PB-SB VENTURES, INC Delaware
PB-SB 1985 VII New York
PB-SB 1988 III New York
PB-SB 1988 VIII New York
PT SALOMON SMITH BARNEY INDONESIA Indonesia
SALOMON (INTERNATIONAL) FINANCE AG Switzerland
CITIEQUITY PAN EUROPE SMALLER COMPANIES Luxembourg
SALOMON BROTHERS HOLDINGS GMBH* Switzerland
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 52
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SALOMON INTERNATIONAL FINANCIAL PRODUCTS LLC Delaware
SALOMON BROTHERS ASIA GROWTH FUND LIMITED Cayman Is.
SALOMON BROTHERS OVERSEAS INC Cayman Is.
SALOMON SMITH BARNEY HONG KONG HOLDINGS LIMITED* Hong Kong
SALOMON BROTHERS ASSET MANAGEMENT ASIA PACIFIC LIMITED Hong Kong
SALOMON SMITH BARNEY HONG KONG FUTURES, LIMITED Hong Kong
SALOMON SMITH BARNEY HONG KONG NOMINEE LIMITED* Hong Kong
SALOMON SMITH BARNEY HONG KONG LIMITED Hong Kong
SALOMON ANALYTICS INC Delaware
SALOMON BROTHERS ALL CAP VALUE FUND New York
SALOMON BROTHERS ASIA CAPITAL CORPORATION LIMITED Ireland
SALOMON BROTHERS ASSET MANAGEMENT (IRELAND) LTD Ireland
SALOMON BROTHERS ASSET MANAGEMENT INC Delaware
CITIGROUP ASSET MANAGEMENT CO., LTD.* Japan
SBAM G.P. INC. Delaware
SALOMON BROTHERS VARIABLE LARGE CAP GROWTH FUND New York
SALOMON BROTHERS HOUSING INVESTMENT INC Delaware
SALOMON BROTHERS INTERNATIONAL OPERATIONS (JAPAN) INC. Delaware
SALOMON BROTHERS INTERNATIONAL OPERATIONS (JERSEY) LIMITED Channel Is.
SALOMON BROTHERS INTERNATIONAL OPERATIONS (OVERSEAS) LIMITED Channel Is.
SALOMON BROTHERS INTERNATIONAL OPERATIONS INC Delaware
SALOMON BROTHERS LARGE CAP CORE EQUITY FUND New York
SALOMON BROTHERS MORTGAGE SECURITIES III, INC Delaware
SALOMON BROTHERS MORTGAGE SECURITIES VI, INC Delaware
SALOMON BROTHERS MORTGAGE SECURITIES VII, INC Delaware
SALOMON BROTHERS PACIFIC HOLDING COMPANY INC Delaware
SALOMON SMITH BARNEY INDIA PRIVATE LIMITED* India
SALOMON BROTHERS PROPERTIES INC Delaware
SALOMON BROTHERS INVESTMENTS INC Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 53
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SALOMON BROTHERS REAL ESTATE DEVELOPMENT CORP Delaware
CROW WOOD TERRACE ASSOCIATES Georgia
SALOMON BROTHERS REALTY CORP New York
ASIA MORTGAGE FINANCE Cayman Is.
LIQUIDATION PROPERTIES HOLDING COMPANY INC. New York
LIQUIDATION PROPERTIES INC. New York
MACA INN LLC Delaware
NIPPON REAL ESTATE INVESTMENT Cayman Is.
VE APARTMENTS LLC New York
SALOMON BROTHERS RUSSIA HOLDING COMPANY INC Delaware
ZAO SALOMON BROTHERS* Russia
SALOMON BROTHERS TOSCA INC. Delaware
SALOMON CAPITAL ACCESS FOR SAVINGS INSTITUTIONS, INC. Delaware
SALOMON CAPITAL ACCESS CORPORATION District of Columbia
SALOMON FOREX INC Delaware
SALOMON BROTHERS FINANCE CORPORATION Delaware
SALOMON INTERNATIONAL LLC Delaware
CHEAPSIDE (SSL) LIMITED England
CHEAPSIDE HOLDINGS (JERSEY) LIMITED Channel Is.
JHSW LIMITED England
CHEAPSIDE (SJL) LIMITED Cayman Is.
SCHRODER SALOMON SMITH BARNEY (GUERNSEY) LIMITED Channel Is.
CITIGROUP ASSET MANAGEMENT LIMITED England
SALOMON BROTHERS EUROPE LIMITED* England
SALOMON BROTHERS ASSET MANAGEMENT LIMITED England
SALOMON BROTHERS EASTERN EUROPE LIMITED England
SALOMON BROTHERS INTERNATIONAL LIMITED* England
SALOMON BROTHERS NOMINEES LIMITED England
SALOMON BROTHERS UK EQUITY LIMITED England
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 54
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SALOMON NORTHPOINT CORP Delaware
SALOMON PLAZA HOLDINGS INC Delaware
PLAZA HOLDINGS INC. Delaware
SALOMON BROTHERS FINANCE CORPORATION AND CO BESCHRANTHAFTENDE KG* Germany
SALOMON BROTHERS AG Germany
SALOMON BROTHERS KAPITALANLAGE-GESELLSCHAFT MBH Germany
SALOMON REINVESTMENT COMPANY, INC Delaware
SALOMON SMITH BARNEY ASIA LIMITED Hong Kong
SALOMON SMITH BARNEY ASIA PACIFIC LIMITED Delaware
SALOMON SMITH BARNEY AUSTRALIA PTY LTD Australia
FRIDAY SERVICES PTY LTD Australia
SALOMON SMITH BARNEY AUSTRALIA BROKER HOLDINGS PTY LIMITED Australia
SALOMON SMITH BARNEY AUSTRALIA SECURITIES PTY LIMITED Australia
BOW LANE NOMINEES PTY LTD Australia
BOWYANG NOMINEES PTY LIMITED Australia
CALEX NOMINEES PTY LIMITED Australia
DERVAT NOMINEES PTY LIMITED Australia
FETA NOMINEES PTY LIMITED Australia
GYMKHANA NOMINEES PTY LIMITED Australia
SALOMON SMITH BARNEY NEW ZEALAND LIMITED New Zealand
PALLISER NOMINEES LIMITED New Zealand
SKEET NOMINEES PTY LTD Australia
SALOMON SMITH BARNEY AUSTRALIA FINANCIAL PRODUCTS LTD Australia
SALOMON SMITH BARNEY AUSTRALIA FIXED INCOME TRADING PTY LIMITED Australia
SALOMON SMITH BARNEY AUSTRALIA NOMINEES NO. 2 PTY LIMITED Australia
SALOMON SMITH BARNEY AUSTRALIA SUPERANNUATION FUND PTY LIMITED Australia
SALOMON SMITH BARNEY PRIVATE CLIENTS PTY LIMITED Australia
SALOMON SMITH BARNEY CANADA HOLDING COMPANY* Canada
SALOMON SMITH BARNEY CANADA INC. Canada
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 55
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SALOMON SMITH BARNEY CHINA LIMITED Hong Kong
SALOMON SMITH BARNEY HOLDINGS (THAILAND) LIMITED Thailand
SALOMON SMITH BARNEY (THAILAND) LIMITED* Thailand
SALOMON SMITH BARNEY INC. New York
FOREIGN FUND 1 FUNDO DE INVESTIMENTO FINANCEIRO Brazil
SALOMON SMITH BARNEY PUERTO RICO INC. Puerto Rico
SALOMON SMITH BARNEY REPRESENTACOES LTDA.* Brazil
SALOMON SMITH BARNEY/TRAVELERS REF GP, LLC Delaware
SALOMON SMITH BARNEY/TRAVELERS REAL ESTATE FUND, L.P. Delaware
SBHU LIFE AGENCY, INC. Delaware
ROBINSON-HUMPHREY INSURANCE SERVICES INC. Georgia
ROBINSON-HUMPHREY INSURANCE SERVICES OF ALABAMA, INC. Alabama
SALOMON SMITH BARNEY LIFE AGENCY INC. New York
SBHU LIFE AGENCY OF ARIZONA, INC. Arizona
SBHU LIFE AGENCY OF INDIANA, INC. Indiana
SBHU LIFE AGENCY OF OHIO, INC. Ohio
SBHU LIFE AGENCY OF OKLAHOMA, INC. Oklahoma
SBHU LIFE AGENCY OF TEXAS, INC. Texas
SBHU LIFE AGENCY OF UTAH, INC. Utah
SBHU LIFE INSURANCE AGENCY OF MASSACHUSETTS, INC. Massachusetts
SBS INSURANCE AGENCY OF HAWAII, INC. Hawaii
SBS INSURANCE AGENCY OF IDAHO, INC. Idaho
SBS INSURANCE AGENCY OF MAINE, INC. Maine
SBS INSURANCE AGENCY OF MONTANA, INC. Montana
SBS INSURANCE AGENCY OF NEVADA, INC. Nevada
SBS INSURANCE AGENCY OF SOUTH DAKOTA, INC. South Dakota
SBS INSURANCE AGENCY OF WYOMING, INC. Wyoming
SBS INSURANCE BROKERAGE AGENCY OF ARKANSAS, INC. Arkansas
SBS INSURANCE BROKERS OF KENTUCKY, INC. Kentucky
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 56
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SBS INSURANCE BROKERS OF NEW HAMPSHIRE, INC. New Hampshire
SBS INSURANCE BROKERS OF NORTH DAKOTA, INC. North Dakota
SBS LIFE INSURANCE AGENCY OF PUERTO RICO, INC. Puerto Rico
SALOMON SMITH BARNEY INTERNATIONAL MERCHANT BANKERS LIMITED Singapore
SALOMON SMITH BARNEY KOREA LTD. Korea
SALOMON SMITH BARNEY MALAYSIA SDN. BHD. Malaysia
SALOMON SMITH BARNEY MAURITIUS PRIVATE LIMITED* Mauritius
SALOMON SMITH BARNEY PRINCIPAL INVESTMENTS (JAPAN) LTD. Cayman Is.
SALOMON SMITH BARNEY CREDIT MANAGEMENT COMPANY LTD. Cayman Is.
SALOMON SMITH BARNEY S.A.* France
SALOMON SMITH BARNEY SECURITIES (PROPRIETARY) LIMITED South Africa
SALOMON SMITH BARNEY NOMINEES (PROPRIETARY) LIMITED South Africa
SALOMON SMITH BARNEY SECURITIES ASIA LIMITED Hong Kong
SAS NOMINEES LIMITED Hong Kong
SALOMON SMITH BARNEY SINGAPORE HOLDINGS PTE. LTD. Singapore
SALOMON SMITH BARNEY SINGAPORE PTE. LTD. Singapore
SALOMON SMITH BARNEY SINGAPORE SECURITIES PTE. LTD. Singapore
SALOMON SMITH BARNEY TAIWAN LIMITED Taiwan
SALOMON SWAPCO INC. Delaware
SAN GOME ASSET SECURITIZATION SPECIALTY LIMITED Seoul, Korea
SB FUNDING CORP. Delaware
SB MOTEL CORP. Delaware
SBJV CORP. Delaware
SFJV-2002-1, LLC Delaware
SCHRODER (MALAYSIA) HOLDINGS SDN. BHD. Malaysia
SCHRODER SALOMON SMITH BARNEY POLSKA SP. Z O.O. Poland
SCHRODER WERTHEIM HOLDINGS I INC. Delaware
SCHRODER WERTHEIM & CO. INC. 1996 EUROPEAN INVESTMENT PARTNERSHIP L.P. Delaware
SCHRODERS MALAYSIA (L) BERHAD Malaysia
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 57
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SEVEN WORLD HOLDINGS LLC Delaware
SEVEN WORLD TECHNOLOGIES, INC Delaware
SSB ASIA REALTY LTD. Cayman Is.
SSB BB INC. Delaware
SSB IRISH INVESTOR LLC Delaware
SSB VEHICLE SECURITIES INC. Delaware
SSBCP GP I CORP. Delaware
SSB CAPITAL PARTNERS (CAYMAN) I, LP Cayman Is.
SSB CAPITAL PARTNERS (DE-UK) I, LP Delaware
SSB CAPITAL PARTNERS (UK) I, LP* England & Wales
SSBPIF GP CORP. Delaware
SSB CAPITAL PARTNERS (MASTER FUND) I, LP* Delaware
SSB CAPITAL PARTNERS (US-UK) I, LP Delaware
SSB CAPITAL PARTNERS I, LP Delaware
STRUCTURED PRODUCTS CORP Delaware
TCEP PARTICIPATION CORP. New York
TCP CORP. Delaware
THE GENEVA COMPANIES INC. Delaware
GENEVA MERGER & ACQUISITION SERVICES OF CANADA (ONT.) INC. Ontario, Canada
WERTHEIM ENERGY CORPORATION Delaware
WS MANAGEMENT COMPANY, INC. Delaware
SALOMON BROTHERS SERVICES GMBH Germany
SALOMON SMITH BARNEY (LOAN NOTES) INC. Delaware
SALOMON SMITH BARNEY SECURITIES INVESTMENT CONSULTING CO. LTD. Taiwan
SB CAYMAN HOLDINGS I INC. Delaware
SMITH BARNEY PRIVATE TRUST COMPANY (CAYMAN) LIMITED* Cayman Is.
GREENWICH (CAYMAN) I LIMITED Cayman Is.
GREENWICH (CAYMAN) II LIMITED Cayman Is.
GREENWICH (CAYMAN) III LIMITED Cayman Is.
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 58
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SB CAYMAN HOLDINGS II INC. Delaware
SB CAYMAN HOLDINGS III INC. Delaware
SMITH BARNEY CREDIT SERVICES (CAYMAN) LTD.* Cayman Is.
SB CAYMAN HOLDINGS IV INC. Delaware
SMITH BARNEY (IRELAND) LIMITED Ireland
SMITH BARNEY CAYMAN IS., LTD. Cayman Is.
SALOMON GLOBAL HORIZONS GLOBAL EQUITY FUND Cayman Is.
SMITH BARNEY COMMERCIAL CORP. Delaware
SMITH BARNEY EUROPE HOLDINGS, LTD. England
SMITH BARNEY FUND MANAGEMENT LLC Delaware
CITI FUND MANAGEMENT INC. Delaware
CITIGROUP ASSET MANAGEMENT AUSTRALIA LIMITED Australia
SMITH BARNEY MANAGEMENT COMPANY (IRELAND) LIMITED Ireland
SSB GREENWICH STREET PARTNERS LLC Delaware
SALOMON SMITH BARNEY/GREENWICH STREET CAPITAL PARTNERS II, L.P. Delaware
SSB PRIVATE MANAGEMENT LLC Delaware
SALOMON SMITH BARNEY HICKS MUSE PARTNERS L. P. Delaware
SMITH BARNEY FUTURES MANAGEMENT LLC Delaware
CTA CAPITAL LLC Delaware
HUTTON INVESTORS FUTURES FUND, L.P. II Delaware
JWH STRATEGIC ALLOCATION MASTER FUND LLC New York
SALOMON SMITH BARNEY DIVERSIFIED 2000 FUTURES FUND L.P. New York
SALOMON SMITH BARNEY EQUITY PLUS FUTURES FUND L.P. New York
SALOMON SMITH BARNEY GLOBAL DIVERSIFIED FUTURES FUND L.P. New York
SALOMON SMITH BARNEY ORION FUTURES FUND L.P. New York
SALOMON SMITH BARNEY RIVERTON FUTURES FUND L.P. New York
SB AAA MASTER FUND LLC New York
SHEARSON MID-WEST FUTURES FUND New York
SHEARSON SELECT ADVISORS FUTURES FUND L.P. Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 59
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
SMITH BARNEY AAA ENERGY FUND L.P. New York
SMITH BARNEY DIVERSIFIED FUTURES FUND L.P. New York
SMITH BARNEY DIVERSIFIED FUTURES FUND L.P. II New York
SMITH BARNEY GLOBAL MARKETS FUTURES FUND L.P. New York
SMITH BARNEY MID-WEST FUTURES FUND LP II New York
SMITH BARNEY POTOMAC FUTURES FUND, L.P. New York
SMITH BARNEY PRINCIPAL PLUS FUTURES FUND L.P. II New York
SMITH BARNEY PRINCIPAL PLUS FUTURES FUND LP New York
SMITH BARNEY TIDEWATER FUTURES FUND L.P. New York
SMITH BARNEY WESTPORT FUTURES FUND L.P. New York
SMITH BARNEY GLOBAL CAPITAL MANAGEMENT, INC. Delaware
SMITH BARNEY MORTGAGE CAPITAL GROUP, INC. Delaware
SMITH BARNEY PRIVATE TRUST GMBH Switzerland
SMITH BARNEY REALTY, INC. Delaware
SMITH BARNEY RISK INVESTORS, INC. Delaware
SMITH BARNEY CONSULTING PARTNERSHIP, LP Delaware
SMITH BARNEY INVESTORS L.P. Delaware
SMITH BARNEY VENTURE CORP. Delaware
FIRST CENTURY MANAGEMENT COMPANY New York
SSB KEEPER HOLDINGS LLC Delaware
CITIGROUP PAYCO I LLC Delaware
CITIGROUP PAYCO II LLC Delaware
CITIGROUP PAYCO III LLC Delaware
SSBH CAPITAL I Delaware
TARGETS TRUST III Delaware
TARGETS TRUST IV Delaware
TARGETS TRUST V Delaware
TARGETS TRUST VI Delaware
TARGETS TRUST VII Delaware
</Table>
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 60
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION
<Page>
CITIGROUP INC. AS OF 31 DECEMBER 2002
<Table>
<Caption>
PLACE OF
1 2 3 4 5 6 7 8 9 10 11 12 INCORPORATION
- -----------------------------------------------------------------------------------------------------------------------------
TARGETS TRUST VIII Delaware
TARGETS TRUST IX Delaware
TARGETS TRUST X Delaware
TARGETS TRUST XI Delaware
TARGETS TRUST XII Delaware
TARGETS TRUST XIII Delaware
TARGETS TRUST XIV Delaware
TARGETS TRUST XV Delaware
THE TRAVELERS INVESTMENT MANAGEMENT COMPANY Connecticut
SMITH BARNEY CORPORATE TRUST COMPANY Delaware
THE GENEVA GROUP, LLC Delaware
THE GENEVA COMPANIES, LLC Delaware
GENEVA CAPITAL MARKETS, LLC Delaware
GENEVA II LLC Delaware
TRAVELERS AUTO LEASING CORPORATION Delaware
TRAVELERS GROUP DIVERSIFIED DISTRIBUTION SERVICES, INC. Delaware
TRAVELERS GROUP EXCHANGE, INC. Delaware
TRAVELERS GROUP INTERNATIONAL LLC Delaware
TRV EMPLOYEES INVESTMENTS, INC. Delaware
CITIGROUP GSP EMPLOYEES FUND, L.P. Delaware
</Table>
TOTAL RECORDS: 1736
1 2 3 4 5 6 7 8 9 10 11 12 PAGE 61
* INDICATES THAT THE SUBSIDIARY IS PARTIALLY OWNED BY MORE THAN ONE SUBSIDIARY
OF CITIGROUP INC.
** CITIGROUP OWNS 50% OF CITISTREET LLC IN JOINT VENTURE WITH STATE STREET
CORPORATION