Message to Our Clients

I would like to express my sincere gratitude to our valued clients for your continuous support of Citi. We are committed to being trusted and responsible partners of our clients, to providing an exceptional working environment for our employees, and to supporting the communities in which we do business in 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, consumer banking and credit cards.

In 2009, Citi globally made significant progress in strengthening its capital and structural liquidity, reducing higher risk assets on the balance sheet, decreasing risk across the organization and improving operating efficiency. In Japan, Citi also successfully took swift and decisive steps to reposition our franchise. Now we are commencing 2010 with a new management team and an even stronger focus on supporting and helping our clients to succeed.

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.

We look forward to continuing to provide exceptional, world-class service as we embark on the next phase of our growth in support of our clients in Japan.

February 2010

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.