ADVISORY/Citigroup and NACA Kick-Off $3 Billion Mortgage Lending Program.

Business Editors

ADVISORY...for Sat. (June 14)

--(BUSINESS WIRE)

Citigroup 

   What: Citigroup and the Neighborhood Assistance Corporation of
         America (NACA), one of the country's largest housing
         services organizations, announced this week a $3 billion
         ten- year commitment to affordable mortgage lending.
         Implementation of the commitment will begin Saturday, June
         14 with five regional homebuyer workshops open to the
         public and media. Hundreds of potential homeowners will
         attend each workshop, taking their first step in the
         buying process.

         These mortgages will be available to moderate- and
         low-income borrowers who graduate from NACA's financial
         education and preparedness program. Under the terms of the
         commitment, NACA-qualified borrowers will benefit from
         lending terms which are among the best in the mortgage
         industry, including no down payment, no closing costs, no
         fees, no perfect credit required and an affordable
         interest rate.

   When: Saturday, June 14th at 11:00 a.m., local time, in each
         location.

  Where:

          --  New York - PS 198 (Isador & Ida Strauss School), 1700
              Third Ave. at 96th St.
          --  Chicago - Congregational Church of Park Manor, 7000
              South King Dr.
          --  Los Angeles - Miracle Theatre, 226 South Market St.,
              Inglewood
          --  Washington, DC. - Plymouth Congregational Church, 5301
              N. Capitol St.
          --  Buffalo - Central Presbyterian Church, 15 Jewett
              Parkway

    Who: New York: Bruce Marks, NACA CEO / Ajay Banga, Pres.,
         Citigroup's Retail Banking North America
         Chicago: Marcus Purnell, NACA Outreach Coordinator / John
         Hummel, Managing Director, Emerging Markets, CitiMortgage
         Los Angeles: Pam Brooks, NACA Housing Services Director /
         Greg Murray, Managing Director, Broker Lending,
         CitiMortgage
         Washington, D.C.: Rev. Graylan Hagler, NACA Director of
         Development / David Schneider, President, CitiMortgage
         Buffalo: John Anderson, NACA Director- Buffalo / Joe
         Gibaldi, Regional Sales Manager, Broker Lending,
         CitiMortgage

   RSVP: Media who wish to attend must RSVP to:

         Bruce Marks (NACA)          w: 617-250-6230   m: 617-835-4477
         Steve Gold (NACA)           w: 212-704-9974   m: 617-821-4022
         Anita Gupta (Citigroup)     w: 212-559-0297
         Steve Silverman (Citigroup) w: 212-793-0321