Senator John C. Danforth Joins Salomon Smith Barney's International Advisory Board as Vice Chairman

Business Wire, June 21, 2001

Business Editors

NEW YORK--(BUSINESS WIRE)--June 21, 2001

Former United States Senator John C. Danforth has joined the International Advisory Board of Salomon Smith Barney as Vice Chairman. Senator Danforth is a partner at the law firm of Bryan Cave LLP and represented the State of Missouri in the US Senate between 1976 - 1995.

During his distinguished 18-year career in the United States Senate, Senator Danforth served on three key committees: the Committee on Finance; Committee on Commerce, Science and Transportation; and the Select Committee on Intelligence. Senator Danforth was active in numerous important efforts including reducing the deficit, reigning in the unbridled growth of entitlements, encouraging long-term economic growth, improving education, reducing hunger and malnutrition throughout the world, and increasing the production of affordable housing.

Senator Danforth is a graduate of Princeton University and received his Bachelor of Divinity from Yale Divinity School and his Bachelor of Law from Yale Law School. Senator Danforth serves on the corporate boards of the Cerner Corporation, The Dow Chemical Company, General American Life Insurance Company and MetLife, Inc. He also serves on the boards of the Commission on Presidential Debates and the Concord Coalition.

Michael Carpenter, Chairman and CEO of Citigroup's Corporate & Investment Bank, stated, "We are delighted that Jack has joined us. His knowledge, judgment and experience will be a tremendous asset to SSB's International Advisory Board."

The International Advisory Board is comprised of a number of the world's foremost business, financial, and former government leaders. Working collaboratively, they consult with the company's Investment Banking division on strategic issues related to economics, growth, the political and social environments of principal markets and industries, and overall business development.

During the second half of last year, two members of the International Advisory Board resigned: The Honorable Donald H. Rumsfeld, who served as Chairman of the Advisory Board since its inception in 1999, was tapped to become U.S. Secretary of Defense, and the Honorable Richard B. Cheney now serves as Vice President of the United States. The Honorable Robert E. Rubin is Interim Chairman of the International Advisory Board and its current membership includes:

- Umberto Agnelli, Vice Chairman and CEO of IFI-Instituto Finanziario
Industriale S.p.A.

- Sir Peter Bonfield, Chief Executive of British Telecommunications plc

- John L. Clendenin, former Chairman and CEO of BellSouth Corporation

- Andrea Jung, President and CEO of Avon Products, Inc.

- Ralph S. Larsen, Chairman and CEO of Johnson & Johnson

- Goran Lindahl, Former President and CEO of ABB Ltd.

- Thomas S. Murphy, former Chairman and CEO of Capital Cities/ABC, Inc.

- Robert E. Rubin, Member of the Office of the Chairman and Chairman of the
Executive Committee of Citigroup Inc.

- Dr. Eisuke Sakakibara, Professor of Keio University and former Vice Minister
of Finance for International Affairs in Japan's Ministry of Finance.

- Prof. Dr. Ekkehard Schulz, Chairman of the Executive Board of ThyssenKrupp AG


- Morris Tabaksblat, Chairman of Reed Elsevier plc

- Sanford I. Weill, Chairman and CEO of Citigroup Inc.

- Lorenzo Zambrano, Chairman and CEO of CEMEX, S.A. de C.V.

- Alfred M. Zeien, former Chairman and CEO of The Gillette Company

The Advisory Board was formed in May 1999, and will be supplemented with additional members from other geographical areas including Asia, South America, and the emerging countries.

Citigroup Corporate & Investment Bank brings together Citibank, the world's most global corporate bank, and Salomon Smith Barney, a leading global investment bank and securities brokerage firm. Together they provide complete financial solutions to corporations, governments, institutions and individuals in 100 countries. Award-winning businesses include corporate and investment banking services, investment advice, financial planning and commercial insurance products.

Citigroup (NYSE:C), the preeminent global financial services company, provides some 120 million consumers, corporations, governments and institutions in more than 100 countries with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage and asset management. Major brand names under Citigroup's trademark umbrella are Citibank, CitiFinancial, Primerica, Salomon Smith Barney, and Travelers. Additional information may be found at: www.citigroup.com.