Citigroup Sets New Recruitment Trend in Attracting Top Law Talent with ''CitiSelect'' Program; Students Put Onto Career Fast Track At Top Law Firms And Citigroup

Much more than a summer- or first-year associate program,Citigroup and forward thinking law firms are working together to groomthe next generation of legal executives. Investing in students fromday one, a highly select group of CitiSelect participants will beemployed by Citigroup Global Wealth Management and work at a top-tierlaw firm in New York City for a two-year period. The CitiSelect careertrack provides students with unmatched benefits that include top lawfirm compensation and a $35,000 signing bonus.

After receiving two years of on-the-job training with a top lawfirm, qualified participants will be offered a vice president positionwith Citigroup's Global Wealth Management legal department. GlobalWealth Management includes three Citigroup businesses: Smith Barney,The Citigroup Private Bank and Citigroup Investment Research.

The CitiSelect program is initially targeting second-year lawstudents at Columbia University, Howard University, New YorkUniversity and the University of Pennsylvania. Upon graduation,students who join the CitiSelect program will spend two years workingwith one of the following law firms: Cleary Gottlieb Steen & HamiltonLLP; Bingham McCutchen LLP and Paul, Weiss, Rifkind, Wharton &Garrison LLP. Plans to expand this program to other schools and lawfirms are already underway.

"Citigroup is continually focused on hiring and retaining the besttalent. Our new CitiSelect program is the first of its kind to offerlaw students a new twist on an innovative, smart and attractive way tobuild a successful career," said Michael Sharp, General Counsel forGlobal Wealth Management. "Students will receive the much sought aftertraining and experience that comes from working at a top law firm andthen put those well-honed skills and talents to work at Citigroup, oneof the world's leading financial institutions."

According to Irene Dorzback, the Assistant Dean of the CareerServices Office at NYU School of Law, "The program provides awell-defined pathway for law students who wish to make the transitionfrom legal practice in a law firm setting to a corporation legaldepartment."

"The innovative nature of the CitiSelect program appeals to us,"states Bingham McCutchen's hiring partner Mary Gail Gearns. "It's awonderful opportunity to help Citigroup recruit and train the nextgeneration of legal executives."

The Dean of Career Services at Columbia Law School, Ellen Wayne,praised CitiSelect, saying, "This program is not only unique but alsoprovides the students with an opportunity to plan and map theprogression of their legal career. CitiSelect has created a processand a path giving them the best of both worlds."

To learn more about the CitiSelect program, visit the Web site atwww.citiselect.citigroup.com .

Global Wealth Management is a business of Citigroup Inc. andcomprises The Citigroup Private Bank, Citigroup Investment Researchand Smith Barney Global Private Client Group (Smith Barney is adivision of Citigroup Global Markets Inc., Member SIPC). Citigroup andthe Umbrella device are trademarks and service marks of Citicorp orits affiliates and are used and registered throughout the world. TheCitigroup Private Bank, one of the largest private banking businessesin the world, provides personalized wealth management services forclients in more than 30 countries, including a full range of portfoliomanagement and investment advisory services, structured lending andbanking services. Smith Barney Global Private Client Group (known asCitigroup Wealth Advisors outside the U.S.), a leading provider ofwealth management services to individual investors, foundations,companies and institutions, offers a full suite of investmentservices, including asset allocation, private investments and lendingservices, hedge funds, stock and retirement plan services, cash andportfolio management, as well as philanthropic, education and estateplanning. Citigroup Investment Research covers companies representing90 percent of the market capitalization of the major global indices.Additional information may be found at: www.citigroup.com.

Citigroup (NYSE: C), the leading global financial servicescompany, has some 200 million customer accounts and does business inmore than 100 countries, providing consumers, corporations,governments and institutions with a broad range of financial productsand services, including consumer banking and credit, corporate andinvestment banking, insurance, securities brokerage, and assetmanagement. Major brand names under Citigroup's trademark red umbrellainclude Citibank, CitiFinancial, Primerica, Smith Barney and Banamex.Additional information may be found at: www.citigroup.com