New Issue: Citigroup prices $33.46 million 3.4% Elks exchangeable for Wal-Mart

New York, March 28 - Citigroup Global Markets Holdings Inc. priced $33.46 million of one-year 3.4% Elks mandatorily exchangeable for Wal-Mart Stores, Inc. common stock, according to a 424B2 document filed Monday with the Securities and Exchange Commission.

Issuer:	Citigroup Global Markets Holdings Inc.
Issue:	Elks mandatorily exchangeable medium-term notes
Underlying stock:	Wal-Mart Stores, Inc.
Amount:	$33.465 million
Maturity:	March 29, 2006
Interest:	3.4%, payable monthly
Price:	Par of $52.1173
Payout at maturity:	Par in cash if Wal-Mart stock finishes at or below $52.1173 but never drops by 10% or more during the term of the notes; 1 share of Wal-Mart stock per $52.1173 if Wal-Mart stock finishes at or below $52.1173 but drops by 15% or more during the term of the notes; otherwise 1 share of Wal-Mart stock, capped at $57.3290 per $52.1173
Pricing date:	March 18
Settlement date:	March 28
Underwriter:	Citigroup

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