27.10.2009 07:01:00

Citi Contributes $100,000 to The Smith Center for the Performing Arts

Citi (NYSE:C) and The Smith Center for the Performing Arts announce that Citi is contributing $100,000 to The Smith Center in support of arts education and redevelopment of downtown Las Vegas. The special donation directly supports the Southern Nevada Wolf Trap Early Learning Through the Arts program. Vikram Pandit, Citi Chief Executive Officer, will be in Las Vegas to announce the contribution and reinforce Citi’s ongoing commitment to Nevada and support for The Smith Center.

The internationally respected Wolf Trap program brings innovative arts-based teaching strategies and services to local early childhood educators, parents and children up to five years old through the disciplines of drama, music and movement. Slated to open in 2012, The Smith Center for the Performing Arts is a public/private partnership that will become the centerpiece of cultural life in Las Vegas offering a blend of performances by resident companies as well as first-run touring attractions.

Citi Nevada Site President Steve Garofalo said, "The Smith Center has provided important arts-based education to the local community since its inception, and, following the opening of a physical site, will be the cornerstone to revitalizing downtown Las Vegas. We are honored to be part of making this vision a reality for Las Vegas.”

Donald Snyder, Chairman of The Smith Center, said, "We are encouraged by Citi’s commitment to supporting arts education and our mission to revitalize downtown Las Vegas. The partnership with Citi and its generous contribution will enable us to establish The Smith Center as the preeminent arts education center of Las Vegas. This contribution and guidance demonstrates Citi’s commitment to arts education and community building.”

In September, The Smith Center established classroom Wolf Trap programs in ten local preschools and has plans to expand the work to a total of 20 classrooms. The residencies span seven consecutive weeks, pairing five local teaching artists with early childhood educators. Together they will develop, refine and evaluate new performing arts teaching strategies.

Citi has been a member of the Nevada community for nearly a quarter century. It employs approximately 2,000 employees in the state and operates more than 16 branches and/or offices through its Citibank, CitiMortgage, CitiFinancial and Citi Cards businesses. In 2008, Citi and the Citi Foundation contributed approximately $1 million to eligible nonprofit organizations in Nevada and Citi employees volunteered more than 3,000 hours in the state.

About Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.

About The Smith Center

The Smith Center for the Performing Arts is a public/private partnership that will become the centerpiece of cultural life in Las Vegas offering a blend of performances by resident companies as well as first-run touring attractions. The 4.75-acre cultural complex will feature inviting lobbies with beautiful balconies, refined acoustics and a tastefully landscaped plaza linking surrounding hotels, restaurants, shops and offices in downtown’s 61-acre urban development, Symphony Park. Home to the 2,050-seat Reynolds Hall and the Boman Education Building, The Smith Center will be a living room for Las Vegas; a place that will educate, entertain and excite the citizens of our great community. The Smith Center broke ground in May of 2009 and is projected to open in 2012. For more information about The Smith Center for the Performing Arts, please visit www.thesmithcenter.com.

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