CORRECTING and REPLACING Citigroup Declares Preferred Dividends

Please replace the release dated January 2, 2016 with the following corrected version due to multiple revisions.

The corrected release reads:

CITIGROUP DECLARES PREFERRED DIVIDENDS

*Updates payment amounts for Series O and Q from a previous press release dated January 2, 2016.

The Preferred Stock Committee of the Board of Directors of Citigroup Inc. declared dividends on Citigroup’s preferred stock as follows:

– 8.125% Non-Cumulative Preferred Stock, Series AA, payable February 16, 2016, to holders of record on February 5, 2016. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.5078125 for each receipt held.

– 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series A, payable February 1, 2016, to holders of record on January 20, 2016. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.75 for each receipt held.

– 5.90% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series B, payable February 16, 2016, to holders of record on February 5, 2016. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.50 for each receipt held.

– 5.800% Noncumulative Preferred Stock, Series C, payable January 22, 2016, to holders of record on January 2, 2016. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.3625 for each receipt held.

– 7.125% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J, payable March 30, 2016, to holders of record on March 18, 2016. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.4453125 for each receipt held.

– 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K, payable February 16, 2016, to holders of record on February 5, 2016. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.4296875 for each receipt held.

– 6.875% Noncumulative Preferred Stock, Series L, payable February 12, 2016, to holders of record on February 2, 2016. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.4296875 for each receipt held.

– 5.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series O, payable March 28, 2016, to holders of record on March 17, 2016. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.375 for each receipt held.

– 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series Q, payable February 16, 2016, to holders of record on February 2, 2016. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $30.2458333 for each receipt held.

Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. 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, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

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