On behalf of Citi, I would like to express our sincere condolences to all those affected by the tragic events on March 11, 2011. Citi and its employees around the world are deeply saddened by these events and are doing everything we can to help the people impacted. We have pledged more than 300 million yen in charitable contributions, organized multiple volunteer activities and implemented initiatives to support our individual and institutional clients. We wish for a full recovery and we hope that even in a small way, we can bring courage and hope to the people of Japan.

Citi enjoys a long and distinguished history in Japan, dating back to 1902 when we opened our first branch in Yokohama. We have since grown to become one of the leading financial institutions in Japan, providing our clients with a broad range of financial products and services, including corporate and investment banking, sales and trading, retail banking and credit cards.

Citi is constantly seeking new and innovative ways to serve our clients better and partner with them to meet their financial needs under any market conditions. Moreover, Citi's competitive advantage will remain our global presence, and through this unique network, we enable people to reach out and to work together across the world.

Through our long history here, we remain totally committed and optimistic about the future of Japan as we serve our customers and strive to contribute positively to the local communities in which we operate and make every effort to help Japan overcome these challenging times together.

June 2011

Darren Buckley
Representative Director, President & CEO of Citigroup Japan Holdings Corp.
Representative Director, President & CEO of Citibank Japan Ltd.
Director (non-executive), Citigroup Global Markets Japan Inc.