New Issue: Citigroup prices $27 million 8% Targets linked to Sprint Nextel

New York, Dec. 21 - Citigroup Funding Inc. priced $27 million of three-year 8% Targets (Targeted Growth Enhanced Terms Securities) linked to Sprint Nextel common stock, according to a 424B2 filing with the Securities and Exchange Commission.

Issuer:	Targets Trust XXVI (Citigroup Funding Inc.)
Issue:	Targets (Targeted Growth Enhanced Terms Securities)
Underlying stock:	Sprint Nextel
Amount:	$27 million
Maturity:	Nov. 15, 2008
Interest:	8%, payable quarterly (short first coupon)
Price:	Par of $10.00
Payout at maturity:	Monthly returns of Sprint Nextel stock, capped at 4.5% appreciation per month and 10% depreciation per month
Pricing date:	Dec. 19
Settlement date:	Dec. 22
Underwriter:	Citigroup
Listing:	"TSR" on American Stock Exchange

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