Correction: Fitch Reinstates Citigroup Global Markets Holdings Inc. 'AA+'/'F1+'

Business Wire, July 11, 2005

NEW YORK -- (This is a correction for the press release dated July 1, 2005, which erroneously withdrew the Long- and Short-term ratings of Citigroup Global Market Holdings Inc.)

Fitch Ratings-Chicago-July 11, 2005: Fitch Ratings reinstates the Long- and Short-term ratings ('AA '/'F1 ') of Citigroup Global Market Holdings Inc. These ratings are based on the guarantee of Citigroup, Inc. as noted in the February 11, 2005 press release.

The following ratings have been reinstated by Fitch:

Citigroup Global Markets Holdings Inc.

-- Long-term issuer 'AA ';

-- Short-term issuer 'F1 '.

Fitch's rating definitions are available on the agency's public web site, www.fitchratings.com. Published ratings, criteria and methodologies and relevant policies and procedures are also available from this site, at all times. This document will remain on the public site for seven days.