Citibank to Offer Citi(R) Identity Theft Solutions Service to its Student Loan Customers.

STAMFORD, Conn. -- Citibank, through its subsidiary, The Student Loan Corporation, a leading originator of student loans, today announced that they are now offering the Citi(R) Identity Theft Solutions service to its student loan customers. This service helps customers quickly and efficiently restore their credit standing if they become victims of identity theft.

Customers will have access to a trained team of Identity Theft Specialists who will personally provide immediate support and assistance through each step required to resolve the fraudulent activity.

"We are pleased that our student loan customers can now take advantage of this service," said Michael Reardon, CEO and President of The Student Loan Corporation. "This free service helps victims reclaim their identity when someone has used their personal information fraudulently. We are proud of the fact that Citibank is the leader in identity theft resolution as well as prevention."

If a customer believes that he or she is a victim of identity theft, a call can be made to customer service for assistance with the issue. Once it is confirmed that the customer is a victim, the call is handled by the Citi Identity Theft Solutions Team to help the individual deal with and resolve the identity theft. Activities include:

--Personalized service with a Fraud Resolution Specialist

--Personalized identity theft tool kit

--Assistance in contacting credit bureaus to help place Fraud Alerts and to assist in starting the dispute process

--Assistance in contacting other creditors to close external accounts

--Assistance with completing a police report

A member of Citigroup, the world's premier financial organization, The Student Loan Corporation is one of the country's leading originators of student loans. Today, The Student Loan Corporation serves approximately 1.7 million customers and over 3,000 schools nationwide.

The Student Loan Corporation (NYSE: STU) is one of the nation's leading originators and holders of insured student loans providing a full range of education financing products and services to meet the needs of students, parents, schools, and lenders. The company was previously a division of Citibank and became a NYSE-listed corporation in 1992. Citibank, N.A. is the majority shareholder. Citibank was one of the first banks to finance higher education, beginning in 1958. Today, The Student Loan Corporation serves approximately 1.7 million customers and over 3,000 schools nationwide. Educational Loan Center, Inc. is a subsidiary of The Student Loan Corporation.

About Citibank

Citibank is a member of Citigroup (NYSE: C), the leading global financial services company, which has some 200 million customer accounts and does business in more than 100 countries, providing 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. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com.

For information or inquiries regarding student loan accounts, please call 1-800-967-2400. Customers with Telecommunication Devices for the Deaf (TDD) may call 1-800-846-1298. College planning and financing information is also available at studentloan.com.

Certain statements in this document are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors. More information about these factors is contained in Citigroup's filings with the Securities and Exchange Commission.