New York, NY - (WORLD STOCK WIRE) - October 8, 2008 -- Citi (NYSE: C), Wachovia (NYSE: WB), and Wells Fargo (NYSE: WF), in consultation with the Federal Reserve, announce the extension until 8 a.m., ET, on Friday, October 10, 2008, of their standstill agreement of October 6, 2008.

Citigroup, the leading global financial services company, 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.

Citigroup's major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Nikko.

Additional information may be found at www.citigroup.com or www.citi.com.



William McNamee
Citigroup, Inc.
399 Park Avenue
New York, NY 10043
USA

Phone: 212-559-1000


Source: Citigroup, Inc.
Note: The following press release was submitted by: Citigroup, Inc., and World Stock Wire, Inc. is not liable for the contents of this press release.