Reply #10: Correction;

[A HERETIC I AM]

My statement above that they will suspend dividend payments on their common and all their preferreds is incorrect.



"According to the Citigroup press release dated, Feb. 27, 2009, the following Citigroup trust preferreds listed below will continue to pay:

Citigroup: List of Trust Preferred Securities that will continue to pay:

Issuer                    Coupon         Symbol         Cusip  
Citigroup Capital IX      6.00%           C.S         173066200
Citigroup Capital VII     7.125%          C.V         17306N203
Citigroup Capital VIII    6.950%          C.Z         17306R204
Citigroup Capital X       6.100%          C.R         173064205
Citigroup Capital XI      6.000%          C.Q         17307Q205
Citigroup Capital XiV     6.875%          C.O         17309E200
Citigroup Capital XIX     7.250%          C.F         17311U200
Citigroup Capital XV      6.500%          C.U         17310G202
Citigroup Capital XVI     6.45%           C.W         17310L201
Citigroup Capital XVII    6.350%          C.E         17311H209
Citigroup Capital XX      7.875%          C.G         173085200

In addition, Citigroup stated the dividends payments of the Citigroup preferreds listed below will be suspended:

Citigroup: List of Suspended Dividend Payments of Preferred Securities:

Issuer              Coupon        Symbol       Cusip  
Citigroup Inc       6.500%         C.I       172967598
Citigroup Inc       8.500%         C.M       172967556
Citigroup Inc       8.125%         C.P       172967572

My apologies for the error.