HONG KONG, CHINA�-�Media OutReach�-�12 July 2019 -�Citigroup Inc. (NYSE: C)

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In order to allow more clients to enjoy Citibank's basic banking
services, Citibank announced that it will waive the monthly service fees for
local Citibanking and Citi Priority clients, with effect from August 1, 2019.

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* Existing minimum "Average Daily Combined Balance" requirements and monthly service fees
for Citigold�, Citigold Private Client� and International Personal Banking
Clients remain unchanged.

About 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.

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