EX-99.2 3 a2173885zex-99_2.htm EXHIBIT 99.2

Exhibit 99.2

CITIGROUP—QUARTERLY FINANCIAL DATA SUPPLEMENT

3Q06

				Page Number
Citigroup Consolidated
	Financial Summary			1
	Segment Income:
			Product View	2
			Regional View	3
	Segment Net Revenues:
			Product View	4
			Regional View	5
	Consolidated Statement of Income			6
	Consolidated Balance Sheet			7
Segment Detail
	Global Consumer:			8
		U.S.
			U.S. Cards	9 - 10
			U.S. Retail Distribution	11 - 12
			U.S. Consumer Lending	13 - 14
			U.S. Commercial Business	15
		International
			International Cards	16 - 17
			International Consumer Finance	18 - 19
			International Retail Banking	20 - 21
	Corporate and Investment Banking:			22
			Income Statement	23
			Revenue Details	24
			Capital Markets and Banking	25
			Transaction Services	26
	Global Wealth Management:			27
			Smith Barney	28
			Private Bank	29
	Alternative Investments			30
Citigroup Supplemental Detail
	Return on Capital			31
	Average Balances—Yields			32
	Average Managed Loans by Segment and Product			33
	Consumer Loan Delinquency Amounts, Net Credit Losses and Ratios			34
	Allowance for Credit Losses:
			Total Citigroup	35
			Consumer Loans	36
			Corporate Loans	37
	Components of Provision for Loan Losses			38
	Non-Performing Assets			39

CITIGROUP—FINANCIAL SUMMARY
(In millions of dollars, except per share amounts)

Citigroup, the leading global financial services company, has more than 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions a complete range of financial products and services.

		1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Income from Continuing Operations		$	5,115		$	4,731		$	4,988		$	4,972		$	5,555		$	5,262		$	5,303		6	%	$	14,834		$	16,120		9	%
Discontinued Operations, After-tax			326			342			2,155			2,009			84			3			202		(91	)%		2,823			289		(90	)%
Cumulative Effect of Accounting Change			—			—			—			(49	)		—			—			—					—			—

Net Income		$	5,441		$	5,073		$	7,143		$	6,932		$	5,639		$	5,265		$	5,505		(23	)%	$	17,657		$	16,409		(7	)%

Diluted Earnings Per Share:
	Income from Continuing Operations	$	0.98		$	0.91		$	0.97		$	0.98		$	1.11		$	1.05		$	1.06		9	%	$	2.85		$	3.22		13	%

	Net Income	$	1.04		$	0.97		$	1.38		$	1.37		$	1.12		$	1.05		$	1.10		(20	)%	$	3.39		$	3.28		(3	)%

Adjusted weighted average common shares applicable to Diluted EPS (in millions)			5,226.0			5,208.1			5,146.0			5,061.3			5,007.9			4,990.0			4,978.6					5,193.4			4,992.2

Preferred Dividends—Diluted		$	17		$	17		$	17		$	17		$	16		$	16		$	16				$	51		$	48

Common Shares Outstanding, at period end (in millions)			5,202.2			5,170.1			5,059.0			4,980.2			4,971.2			4,943.9			4,913.7					5,059.0			4,913.7

Tier 1 Capital Ratio			8.78	%		8.71	%		9.12	%		8.79	%		8.60	%		8.51	%		8.6	%*				9.12	%		8.6	%*

Total Capital Ratio			12.03	%		11.87	%		12.37	%		12.02	%		11.80	%		11.68	%		11.8	%*				12.37	%		11.8	%*

Leverage Ratio			5.19	%		5.19	%		5.53	%		5.35	%		5.22	%		5.19	%		5.2	%*				5.53	%		5.2	%*

Total Assets, at period end (in billions)		$	1,489.9		$	1,547.8		$	1,472.8		$	1,494.0		$	1,586.2		$	1,626.6		$	1,746.6	*			$	1,472.8		$	1,746.6	*

Stockholders' Equity, at period end (in billions)		$	110.5		$	113.0		$	111.8		$	112.5		$	114.4		$	115.4		$	117.9	*			$	111.8		$	117.9	*

Equity and Trust Securities, at period end (in billions)		$	116.9		$	119.5		$	118.2		$	118.8		$	120.6		$	122.0		$	125.9	*			$	118.2		$	125.9	*

Book Value Per Share, at period end		$	21.03		$	21.65		$	21.88		$	22.37		$	22.82		$	23.15		$	23.78	*			$	21.88		$	23.78	*

Return on Common Equity (Net Income)			20.3	%		18.4	%		25.4	%		25.0	%		20.3	%		18.6	%		18.9	%				21.4	%		19.3	%

Return on Risk Capital (Income from Continuing Operations)			40	%		36	%		37	%		37	%		41	%		38	%		37	%				38	%		39	%

*: Preliminary

CITIGROUP—NET INCOME
PRODUCT VIEW
(In millions of dollars)

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Global Consumer:
	U.S. Cards		$	778		$	735		$	797		$	444		$	926		$	878		$	1,085		36	%	$	2,310		$	2,889		25	%
	U.S. Retail Distribution			564			478			319			391			515			568			481		51	%		1,361			1,564		15	%
	U.S. Consumer Lending			486			507			487			458			437			470			521		7	%		1,480			1,428		(4	)%
	U.S. Commercial Business			252			134			222			121			126			138			151		(32	)%		608			415		(32	)%

		Total U.S. Consumer(1)		2,080			1,854			1,825			1,414			2,004			2,054			2,238		23	%		5,759			6,296		9	%

	International Cards			302			331			383			357			291			328			287		(25	)%		1,016			906		(11	)%
	International Consumer Finance			139			177			152			174			168			173			50		(67	)%		468			391		(16	)%
	International Retail Banking			498			593			427			565			677			714			701		64	%		1,518			2,092		38	%

		Total International Consumer		939			1,101			962			1,096			1,136			1,215			1,038		8	%		3,002			3,389		13	%

	Other			(176	)		(58	)		(64	)		(76	)		(67	)		(92	)		(81	)	(27	)%		(298	)		(240	)	19	%

		Total Global Consumer		2,843			2,897			2,723			2,434			3,073			3,177			3,195		17	%		8,463			9,445		12	%

Corporate and Investment Banking:
	Capital Markets and Banking			1,439			1,043			1,424			1,421			1,618			1,412			1,344		(6	)%		3,906			4,374		12	%
	Transaction Services			245			288			327			275			323			340			385		18	%		860			1,048		22	%
	Other(2)			(5	)		41			46			351			(12	)		(29	)		(8	)	NM			82			(49	)	NM

		Total Corporate and Investment Banking		1,679			1,372			1,797			2,047			1,929			1,723			1,721		(4	)%		4,848			5,373		11	%

Global Wealth Management:
	Smith Barney			197			239			227			208			168			238			294		30	%		663			700		6	%
	Private Bank			122			83			79			89			119			109			105		33	%		284			333		17	%

	Total Global Wealth Management			319			322			306			297			287			347			399		30	%		947			1,033		9	%

Alternative Investments				362			385			339			351			353			257			117		(65	)%		1,086			727		(33	)%
Corporate/Other				(88	)		(245	)		(177	)		(157	)		(87	)		(242	)		(129	)	27	%		(510	)		(458	)	10	%
Income From Continuing Operations				5,115			4,731			4,988			4,972			5,555			5,262			5,303		6	%		14,834			16,120		9	%
Discontinued Operations(3)(4)				326			342			2,155			2,009			84			3			202					2,823			289
Cumulative Effect of Accounting Change(5)				—			—			—			(49	)		—			—			—					—			—
Net Income			$	5,441		$	5,073		$	7,143		$	6,932		$	5,639		$	5,265		$	5,505		(23	)%	$	17,657		$	16,409		(7	)%

(1): U.S. disclosure includes Canada and Puerto Rico.
(2): The 2005 fourth quarter includes a $375 million after-tax release of WorldCom Settlement and Litigation Reserves.
(3): Discontinued Operations includes the operations from the Company's January 31, 2005 announced agreement for the sale of Citigroup's Travelers Life & Annuity, and substantially all of Citigroup's international insurance business, to MetLife, Inc. The transaction, which closed during the 2005 third quarter, resulted in a total gain of $3.5 billion ($2.2 billion after-tax).
(4): Discontinued Operations includes the operations from the Company's June 24, 2005 announced agreement for the sale of substantially all of Citigroup's Asset Management business to Legg Mason, Inc. The transaction, which closed during the 2005 fourth quarter, resulted in a total gain of $3.5 billion ($2.1 billion after-tax).
(5): Cumulative Effect of Accounting Change represents the adoption of FIN 47, "Accounting for Conditional Asset Retirement Obligations, an interpretation of SFAS No. 143". This pronouncement is applicable to real estate leasing agreements that required Citigroup to restore the leased space back to its original condition upon termination of the lease.

NM Not meaningful

Reclassified to conform to the current period's presentation.

CITIGROUP—NET INCOME
REGIONAL VIEW
(In millions of dollars)

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
U.S.(1)
	Global Consumer		$	1,904		$	1,796		$	1,761		$	1,338		$	1,937		$	1,962		$	2,157		22	%	$	5,461		$	6,056		11	%
	Corporate and Investment Banking			893			462			637			958			515			747			540		(15	)%		1,992			1,802		(10	)%
	Global Wealth Management			273			315			288			265			228			290			342		19	%		876			860		(2	)%

		Total U.S.		3,070			2,573			2,686			2,561			2,680			2,999			3,039		13	%		8,329			8,718		5	%

Mexico
	Global Consumer			277			368			511			276			358			375			395		(23	)%		1,156			1,128		(2	)%
	Corporate and Investment Banking			83			76			177			114			78			88			95		(46	)%		336			261		(22	)%
	Global Wealth Management			13			10			12			9			8			10			9		(25	)%		35			27		(23	)%

		Total Mexico		373			454			700			399			444			473			499		(29	)%		1,527			1,416		(7	)%

Europe, Middle East and Africa (EMEA)
	Global Consumer			122			124			(154	)		282			185			215			213		NM			92			613		NM
	Corporate and Investment Banking			188			336			358			248			635			342			489		37	%		882			1,466		66	%
	Global Wealth Management			(1	)		3			8			(2	)		3			5			7		(13	)%		10			15		50	%

		Total EMEA		309			463			212			528			823			562			709		NM			984			2,094		NM

Japan
	Global Consumer			175			188			169			174			188			178			79		(53	)%		532			445		(16	)%
	Corporate and Investment Banking			48			54			58			338			85			72			38		(34	)%		160			195		22	%
	Global Wealth Management			(8	)		(45	)		(29	)		—			—			—			—		100	%		(82	)		—		100	%

		Total Japan		215			197			198			512			273			250			117		(41	)%		610			640		5	%

Asia (excluding Japan)
	Global Consumer			311			341			375			323			347			359			328		(13	)%		1,027			1,034		1	%
	Corporate and Investment Banking			322			249			382			295			414			336			391		2	%		953			1,141		20	%
	Global Wealth Management			35			31			26			24			45			40			38		46	%		92			123		34	%

		Total Asia		668			621			783			642			806			735			757		(3	)%		2,072			2,298		11	%

Latin America
	Global Consumer			54			80			61			41			58			88			23		(62	)%		195			169		(13	)%
	Corporate and Investment Banking			145			195			185			94			202			138			168		(9	)%		525			508		(3	)%
	Global Wealth Management			7			8			1			1			3			2			3		NM			16			8		(50	)%

		Total Latin America		206			283			247			136			263			228			194		(21	)%		736			685		(7	)%

Alternative Investments				362			385			339			351			353			257			117		(65	)%		1,086			727		(33	)%
Corporate/Other				(88	)		(245	)		(177	)		(157	)		(87	)		(242	)		(129	)	27	%		(510	)		(458	)	10	%
Income From Continuing Operations				5,115			4,731			4,988			4,972			5,555			5,262			5,303		6	%		14,834			16,120		9	%
	Discontinued Operations			326			342			2,155			2,009			84			3			202					2,823			289
	Cumulative Effect of Accounting Change			—			—			—			(49	)		—			—			—					—			—
Net Income			$	5,441		$	5,073		$	7,143		$	6,932		$	5,639		$	5,265		$	5,505		(23	)%	$	17,657		$	16,409		(7	)%
Total International			$	1,771		$	2,018		$	2,140		$	2,217		$	2,609		$	2,248		$	2,276		6	%	$	5,929		$	7,133		20	%

(1): Excludes Alternative Investments and Corporate / Other which are predominantly related to the U.S. The U.S. regional disclosure includes Canada and Puerto Rico. Global Consumer for the U.S includes Other Consumer.

NM Not meaningful

Reclassified to conform to the current period's presentation.

CITIGROUP—NET REVENUES
PRODUCT VIEW
(In millions of dollars)

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Global Consumer:
	U.S. Cards		$	3,455		$	3,263		$	3,381		$	2,725		$	3,234		$	3,251		$	3,452		2	%	$	10,099		$	9,937		(2	)%
	U.S. Retail Distribution			2,457			2,360			2,339			2,359			2,296			2,499			2,382		2	%		7,156			7,177		—
	U.S. Consumer Lending			1,373			1,376			1,332			1,388			1,260			1,307			1,481		11	%		4,081			4,048		(1	)%
	U.S. Commercial Business			678			491			649			481			470			516			489		(25	)%		1,818			1,475		(19	)%

		Total U.S. Consumer(1)		7,963			7,490			7,701			6,953			7,260			7,573			7,804		1	%		23,154			22,637		(2	)%

	International Cards			1,105			1,176			1,209			1,360			1,280			1,510			1,519		26	%		3,490			4,309		23	%
	International Consumer Finance			948			963			950			958			962			1,009			998		5	%		2,861			2,969		4	%
	International Retail Banking			2,305			2,396			2,474			2,552			2,467			2,555			2,550		3	%		7,175			7,572		6	%

		Total International Consumer		4,358			4,535			4,633			4,870			4,709			5,074			5,067		9	%		13,526			14,850		10	%

	Other			(203	)		(18	)		(13	)		(24	)		(14	)		(19	)		(37	)	NM			(234	)		(70	)	70	%

		Total Global Consumer		12,118			12,007			12,321			11,799			11,955			12,628			12,834		4	%		36,446			37,417		3	%

Corporate and Investment Banking:
	Capital Markets and Banking			4,899			3,965			5,187			4,919			5,896			5,269			4,567		(12	)%		14,051			15,732		12	%
	Transaction Services			1,137			1,191			1,246			1,317			1,382			1,495			1,500		20	%		3,574			4,377		22	%
	Other			1			—			1			—			1			(3	)		—		—			2			(2	)	NM

		Total Corporate and Investment Banking		6,037			5,156			6,434			6,236			7,279			6,761			6,067		(6	)%		17,627			20,107		14	%

Global Wealth Management:
	Smith Barney			1,669			1,647			1,728			1,781			1,987			1,990			1,994		15	%		5,044			5,971		18	%
	Private Bank			504			453			446			456			496			502			492		10	%		1,403			1,490		6	%

	Total Global Wealth Management			2,173			2,100			2,174			2,237			2,483			2,492			2,486		14	%		6,447			7,461		16	%

Alternative Investments				866			1,112			720			732			675			584			334		(54	)%		2,698			1,593		(41	)%
Corporate/Other				2			(206	)		(151	)		(225	)		(209	)		(283	)		(299	)	(98	)%		(355	)		(791	)	NM
Total Net Revenues			$	21,196		$	20,169		$	21,498		$	20,779		$	22,183		$	22,182		$	21,422		—		$	62,863		$	65,787		5	%

(1): U.S. disclosure includes Canada and Puerto Rico.

NM Not meaningful

Reclassified to conform to the current period's presentation.

CITIGROUP—NET REVENUES
REGIONAL VIEW
(In millions of dollars)

			1Q 2005		2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
U.S.(1)
	Global Consumer		$	7,760	$	7,472		$	7,688		$	6,929		$	7,246		$	7,554		$	7,767		1	%	$	22,920		$	22,567		(2	)%
	Corporate and Investment Banking			2,779		1,948			2,810			2,364			2,923			2,803			2,007		(29	)%		7,537			7,733		3	%
	Global Wealth Management			1,872		1,852			1,923			1,981			2,154			2,149			2,153		12	%		5,647			6,456		14	%

		Total U.S.		12,411		11,272			12,421			11,274			12,323			12,506			11,927		(4	)%		36,104			36,756		2	%

Mexico
	Global Consumer			960		1,055			1,139			1,219			1,149			1,192			1,238		9	%		3,154			3,579		13	%
	Corporate and Investment Banking			159		170			236			212			186			199			197		(17	)%		565			582		3	%
	Global Wealth Management			31		31			30			32			31			33			32		7	%		92			96		4	%

		Total Mexico		1,150		1,256			1,405			1,463			1,366			1,424			1,467		4	%		3,811			4,257		12	%

Europe, Middle East and Africa (EMEA)
	Global Consumer			1,248		1,256			1,271			1,426			1,270			1,360			1,353		6	%		3,775			3,983		6	%
	Corporate and Investment Banking			1,694		1,708			1,801			1,646			2,296			2,043			2,166		20	%		5,203			6,505		25	%
	Global Wealth Management			71		71			79			74			75			83			83		5	%		221			241		9	%

		Total EMEA		3,013		3,035			3,151			3,146			3,641			3,486			3,602		14	%		9,199			10,729		17	%

Japan
	Global Consumer			821		827			803			800			775			807			782		(3	)%		2,451			2,364		(4	)%
	Corporate and Investment Banking			180		187			211			646			296			269			177		(16	)%		578			742		28	%
	Global Wealth Management			22		(15	)		(13	)		—			—			—			—		100	%		(6	)		—		100	%

		Total Japan		1,023		999			1,001			1,446			1,071			1,076			959		(4	)%		3,023			3,106		3	%

Asia (excluding Japan)
	Global Consumer			1,072		1,116			1,141			1,132			1,189			1,244			1,209		6	%		3,329			3,642		9	%
	Corporate and Investment Banking			915		761			1,004			1,017			1,132			1,062			1,080		8	%		2,680			3,274		22	%
	Global Wealth Management			119		111			107			103			180			181			171		60	%		337			532		58	%

		Total Asia		2,106		1,988			2,252			2,252			2,501			2,487			2,460		9	%		6,346			7,448		17	%

Latin America
	Global Consumer			257		281			279			293			326			471			485		74	%		817			1,282		57	%
	Corporate and Investment Banking			310		382			372			351			446			385			440		18	%		1,064			1,271		19	%
	Global Wealth Management			58		50			48			47			43			46			47		(2	)%		156			136		(13	)%

		Total Latin America		625		713			699			691			815			902			972		39	%		2,037			2,689		32	%

Alternative Investments				866		1,112			720			732			675			584			334		(54	)%		2,698			1,593		(41	)%
Corporate/Other				2		(206	)		(151	)		(225	)		(209	)		(283	)		(299	)	(98	)%		(355	)		(791	)	NM
Total Net Revenues			$	21,196	$	20,169		$	21,498		$	20,779		$	22,183		$	22,182		$	21,422		—		$	62,863		$	65,787		5	%
Total International			$	7,917	$	7,991		$	8,508		$	8,998		$	9,394		$	9,375		$	9,460		11	%	$	24,416		$	28,229		16	%

(1): Excludes Alternative Investments and Corporate/Other which are predominantly related to the U.S. The U.S. regional disclosure includes Canada and Puerto Rico. Global Consumer for the U.S includes Other Consumer.
NM: Not meaningful

Reclassified to conform to the current period's presentation.

CITIGROUP CONSOLIDATED STATEMENT OF INCOME
(In millions of dollars)

			1Q 2005		2Q 2005		3Q 2005		4Q 2005			1Q 2006			2Q 2006			3Q 2006		3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005		Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Revenues
	Interest Revenue		$	17,547	$	18,422	$	19,344	$	20,603		$	21,873		$	23,572		$	24,729	28	%	$	55,313	$	70,174		27	%
	Interest Expense			7,424		8,668		9,649		10,935			12,107			13,717			14,901	54	%		25,741		40,725		58	%

		Net interest revenue		10,123		9,754		9,695		9,668			9,766			9,855			9,828	1	%		29,572		29,449		—

	Insurance premiums			735		793		743		861			770			800			819	10	%		2,271		2,389		5	%
	Commissions and fees			4,209		3,978		4,825		4,131			5,188			5,331			4,007	(17	)%		13,012		14,526		12	%
	Principal transactions			2,215		844		1,950		1,434			2,117			1,703			1,927	(1	)%		5,009		5,747		15	%
	Asset management and administration fees			1,508		1,488		1,522		1,601			1,705			1,707			1,670	10	%		4,518		5,082		12	%
	Realized gains (losses) from sales of investments			243		455		284		980			379			302			304	7	%		982		985		—
	Other revenue			2,163		2,857		2,479		2,104			2,258			2,484			2,867	16	%		7,499		7,609		1	%

		Total non-interest revenues		11,073		10,415		11,803		11,111			12,417			12,327			11,594	(2	)%		33,291		36,338		9	%

		Total revenues, net of interest expense		21,196		20,169		21,498		20,779			22,183			22,182			21,422	—			62,863		65,787		5	%

Provisions for Credit Losses and for Benefits and Claims
	Policyholder benefits and claims			217		212		215		223			227			231			274	27	%		644		732		14	%
	Provision for loan losses			1,813		1,720		2,525		1,871			1,396			1,436			1,793	(29	)%		6,058		4,625		(24	)%
	Provision for unfunded lending commitments			—		100		100		50			50			150			50	(50	)%		200		250		25	%

		Total provisions for credit losses and for benefits and claims		2,030		2,032		2,840		2,144			1,673			1,817			2,117	(25	)%		6,902		5,607		(19	)%

Operating Expenses
	Compensation and benefits			6,486		6,033		6,792		6,461			8,263			7,374			6,718	(1	)%		19,311		22,355		16	%
	Net occupancy expense			1,241		1,271		1,270		1,359			1,382			1,411			1,435	13	%		3,782		4,228		12	%
	Technology/communication expense			866		884		892		882			886			934			948	6	%		2,642		2,768		5	%
	Advertising and marketing expense			641		620		587		685			603			652			574	(2	)%		1,848		1,829		(1	)%
	Other operating			2,170		2,164		1,872		1,987			2,224			2,398			2,261	21	%		6,206		6,883		11	%

		Total operating expenses		11,404		10,972		11,413		11,374			13,358			12,769			11,936	5	%		33,789		38,063		13	%

Income from Continuing Operations before Income Taxes and Minority Interest and Cumulative Effect of Accounting Change				7,762		7,165		7,245		7,261			7,152			7,596			7,369	2	%		22,172		22,117		—
Provision (benefit) for income taxes				2,484		2,179		2,164		2,251			1,537			2,303			2,020	(7	)%		6,827		5,860		(14	)%
Minority interest, net of income taxes				163		255		93		38			60			31			46	(51	)%		511		137		(73	)%

Income from Continuing Operations before Cumulative Effect of Accounting Change				5,115		4,731		4,988		4,972			5,555			5,262			5,303	6	%		14,834		16,120		9	%

Discontinued Operations(1)(2)
	Income from Discontinued Operations			483		493		49		(117	)		1			—			26				1,025		27
	Gain on Sale			—		—		3,386		3,404			21			—			198				3,386		219
	Provision for income taxes and minority interest, net of taxes			157		151		1,280		1,278			(62	)		(3	)		22				1,588		(43	)

Income from Discontinued Operations, net				326		342		2,155		2,009			84			3			202				2,823		289
Cumulative Effect of Accounting Change(3)				—		—		—		(49	)		—			—			—				—		—

Net Income			$	5,441	$	5,073	$	7,143	$	6,932		$	5,639		$	5,265		$	5,505	(23	)%	$	17,657	$	16,409		(7	)%

(1): Discontinued Operations includes the operations from the Company's January 31, 2005 announced agreement for the sale of Citigroup's Travelers Life & Annuity, and substantially all of Citigroup's international insurance business, to MetLife, Inc. The transaction, which closed during the 2005 third quarter, resulted in a total gain of $3.5 billion ($2.2 billion after-tax).
(2): Discontinued Operations includes the operations from the Company's June 24, 2005 announced agreement for the sale of substantially all of Citigroup's Asset Management business to Legg Mason, Inc. The transaction, which closed during the 2005 fourth quarter, resulted in a total gain of $3.5 billion ($2.1 billion after-tax).
(3): Cumulative Effect of Accounting Change represents the adoption of FIN 47, "Accounting for Conditional Asset Retirement Obligations, an interpretation of SFAS No. 143". This pronouncement is applicable to real estate leasing agreements that required Citigroup to restore the leased space back to its original condition upon termination of the lease.

Reclassified to conform to the current period's presentation.

CITIGROUP CONSOLIDATED BALANCE SHEET
(In millions of dollars)

		March 31, 2005			June 30, 2005			September 30, 2005			December 31, 2005			March 31, 2006			June 30, 2006			September 30, 2006 (1)			September 30, 2006 vs. December 31, 2005 Inc (Decr)
Assets
Cash and due from banks (including segregated cash and other deposits)		$	22,418		$	24,512		$	24,668		$	23,632		$	21,411		$	24,311		$	22,543		(5	)%
Deposits at interest with banks			31,770			35,752			34,374			31,645			33,220			35,868			33,939		7	%
Federal funds sold and securities borrowed or purchased under agreements to resell			202,099			232,369			236,105			217,464			239,552			234,390			262,627		21	%
Brokerage receivables			40,747			42,977			42,006			42,823			42,569			46,162			40,970		(4	)%
Trading account assets			272,841			281,035			293,416			295,820			328,135			327,890			351,149		19	%
Investments			167,589			165,587			165,905			180,597			193,970			194,953			251,748		39	%
Loans, net of unearned income
	Consumer		430,008			433,057			440,145			454,620			462,068			480,772			488,673		7	%
	Corporate		116,637			122,474			125,780			128,883			143,239			156,313			166,709		29	%

Loans, net of unearned income			546,645			555,531			565,925			583,503			605,307			637,085			655,382		12	%
Allowance for loan losses			(10,894	)		(10,418	)		(10,015	)		(9,782	)		(9,505	)		(9,144	)		(8,979	)	8	%

	Total loans, net		535,751			545,113			555,910			573,721			595,802			627,941			646,403		13	%
Goodwill			32,076			32,235			32,240			33,130			32,933			32,910			33,169		—
Intangible assets			15,572			13,894			14,376			14,749			15,092			15,850			15,725		7	%
Other assets			73,950			79,891			72,613			80,456			83,517			86,276			88,313		10	%
Assets of discontinued operations held for sale			95,078			94,424			1,180			—			—			—			—		—

Total assets		$	1,489,891		$	1,547,789		$	1,472,793		$	1,494,037		$	1,586,201		$	1,626,551		$	1,746,586		17	%

Liabilities
	Non-interest-bearing deposits in U.S. offices	$	38,507		$	37,658		$	37,996		$	36,638		$	37,885		$	38,018		$	36,358		(1	)%
	Interest-bearing deposits in U.S. offices		159,889			159,825			162,310			169,277			176,032			177,385			183,467		8	%
	Non-interest-bearing deposits in offices outside the U.S.		29,930			31,281			32,374			32,614			34,323			32,981			32,721		—
	Interest-bearing deposits in offices outside the U.S.		339,963			343,156			347,756			353,299			379,118			397,421			416,732		18	%

Total deposits			568,289			571,920			580,436			591,828			627,358			645,805			669,278		13	%
Federal funds purchased and securities loaned or sold under agreements to repurchase			217,599			252,774			243,819			242,392			279,540			264,494			320,095		32	%
Brokerage payables			52,088			53,600			57,330			70,994			70,214			74,970			97,229		37	%
Trading account liabilities			120,511			133,807			140,723			121,108			144,888			142,983			138,876		15	%
Short-term borrowings			62,704			62,984			58,224			66,930			58,130			72,581			70,501		5	%
Long-term debt			207,935			211,346			213,894			217,499			227,165			239,557			260,089		20	%
Other liabilities(2)			63,856			64,109			66,165			70,749			64,488			70,733			72,653		3	%

Liabilities of discontinued operations held for sale			86,373			84,212			365			—			—			—			—		—

Total liabilities			1,379,355			1,434,752			1,360,956			1,381,500			1,471,783			1,511,123			1,628,721		18	%

Stockholders' equity
Preferred Stock			1,125			1,125			1,125			1,125			1,000			1,000			1,000		(11	)%
Common Stock			55			55			55			55			55			55			55		—
Additional paid-in capital			16,243			17,160			17,636			17,483			17,119			17,426			17,825		2	%
Retained earnings			105,269			108,026			112,868			117,555			120,703			123,497			126,544		8	%
Treasury stock			(10,475	)		(12,299	)		(17,290	)		(21,149	)		(21,753	)		(23,199	)		(24,737	)	(17	)%
Accumulated other changes in equity from nonowner sources			(1,681	)		(1,030	)		(2,557	)		(2,532	)		(2,706	)		(3,351	)		(2,822	)	(11	)%

Total stockholders' equity			110,536			113,037			111,837			112,537			114,418			115,428			117,865		5	%

Total liabilities and stockholders' equity		$	1,489,891		$	1,547,789		$	1,472,793		$	1,494,037		$	1,586,201		$	1,626,551		$	1,746,586		17	%

(1): Preliminary.
(2): Includes allowance for credit losses for letters of credit and unfunded lending commitments of $600 million, $700 million, $800 million, and $850 million for the first, second, third, and fourth quarters of 2005, respectively, and $900 million, $1,050 million, and $1,100 million for the first, second, and third quarters of 2006, respectively.

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
(In millions of dollars)

	1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Global Consumer:
Net Interest Revenue	$	7,518		$	7,325		$	7,369		$	7,314		$	7,224		$	7,481		$	7,523		2	%	$	22,212		$	22,228		—
Non-Interest Revenue		4,600			4,682			4,952			4,485			4,731			5,147			5,311		7	%		14,234			15,189		7	%

Total Revenues, Net of Interest Expense		12,118			12,007			12,321			11,799			11,955			12,628			12,834		4	%		36,446			37,417		3	%
Total Operating Expenses		5,846			5,753			5,657			6,062			6,357			6,379			6,316		12	%		17,256			19,052		10	%
Provisions for Loan Losses and for Benefits and Claims		2,102			2,047			2,770			2,144			1,668			1,649			1,994		(28	)%		6,919			5,311		(23	)%

Income Before Taxes and Minority Interest		4,170			4,207			3,894			3,593			3,930			4,600			4,524		16	%		12,271			13,054		6	%
Income Taxes		1,314			1,295			1,153			1,142			847			1,400			1,312		14	%		3,762			3,559		(5	)%
Minority Interest, Net of Tax		13			15			18			17			10			23			17		(6	)%		46			50		9	%

Net Income	$	2,843		$	2,897		$	2,723		$	2,434		$	3,073		$	3,177		$	3,195		17	%	$	8,463		$	9,445		12	%

U.S.:
Net Interest Revenue	$	4,540		$	4,247		$	4,422		$	4,301		$	4,138		$	4,189		$	4,141		(6	)%	$	13,209		$	12,468		(6	)%
Non-Interest Revenue		3,423			3,243			3,279			2,652			3,122			3,384			3,663		12	%		9,945			10,169		2	%

Total Revenues, Net of Interest Expense		7,963			7,490			7,701			6,953			7,260			7,573			7,804		1	%		23,154			22,637		(2	)%
Total Operating Expenses		3,337			3,358			3,290			3,464			3,569			3,551			3,426		4	%		9,985			10,546		6	%
Provisions for Loan Losses and for Benefits and Claims		1,429			1,317			1,573			1,281			901			827			962		(39	)%		4,319			2,690		(38	)%

Income Before Taxes and Minority Interest		3,197			2,815			2,838			2,208			2,790			3,195			3,416		20	%		8,850			9,401		6	%
Income Taxes		1,104			945			996			778			777			1,121			1,162		17	%		3,045			3,060		—
Minority Interest, Net of Tax		13			16			17			16			9			20			16		(6	)%		46			45		(2	)%

Net Income	$	2,080		$	1,854		$	1,825		$	1,414		$	2,004		$	2,054		$	2,238		23	%	$	5,759		$	6,296		9	%

International:
Net Interest Revenue	$	3,002		$	3,119		$	2,995		$	3,064		$	3,133		$	3,343		$	3,445		15	%	$	9,116		$	9,921		9	%
Non-Interest Revenue		1,356			1,416			1,638			1,806			1,576			1,731			1,622		(1	)%		4,410			4,929		12	%

Total Revenues, Net of Interest Expense		4,358			4,535			4,633			4,870			4,709			5,074			5,067		9	%		13,526			14,850		10	%
Total Operating Expenses		2,422			2,320			2,280			2,498			2,621			2,701			2,769		21	%		7,022			8,091		15	%
Provisions for Loan Losses and for Benefits and Claims		673			730			1,197			863			767			822			1,032		(14	)%		2,600			2,621		1	%

Income Before Taxes and Minority Interest		1,263			1,485			1,156			1,509			1,321			1,551			1,266		10	%		3,904			4,138		6	%
Income Taxes		324			385			193			412			184			333			227		18	%		902			744		(18	)%
Minority Interest, Net of Tax		—			(1	)		1			1			1			3			1		—			—			5		—

Net Income	$	939		$	1,101		$	962		$	1,096		$	1,136		$	1,215		$	1,038		8	%	$	3,002		$	3,389		13	%

Other Consumer:
Net Interest Revenue	$	(24	)	$	(41	)	$	(48	)	$	(51	)	$	(47	)	$	(51	)	$	(63	)	(31	)%	$	(113	)	$	(161	)	(42	)%
Non-Interest Revenue		(179	)		23			35			27			33			32			26		(26	)%		(121	)		91		NM

Total Revenues, Net of Interest Expense		(203	)		(18	)		(13	)		(24	)		(14	)		(19	)		(37	)	NM			(234	)		(70	)	70	%
Total Operating Expenses		87			75			87			100			167			127			121		39	%		249			415		67	%

Income Before Taxes		(290	)		(93	)		(100	)		(124	)		(181	)		(146	)		(158	)	(58	)%		(483	)		(485	)	—
Income Taxes		(114	)		(35	)		(36	)		(48	)		(114	)		(54	)		(77	)	NM			(185	)		(245	)	(32	)%

Net Income	$	(176	)	$	(58	)	$	(64	)	$	(76	)	$	(67	)	$	(92	)	$	(81	)	(27	)%	$	(298	)	$	(240	)	19	%

NM Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
U.S.
CARDS—Page 1
(In millions of dollars)

For your convenience, an excerpt from our 2006 third quarter earnings press release is set out below. You can find the entire press release, as well as those from prior periods, on Citigroup's website at www.citigroup.com.

—: Net income increased 36%, driven by growth in non-interest revenue, lower operating expenses and a significant decline in credit costs.
—: Credit costs declined $319 million on lower bankruptcy filings and a continued favorable credit environment, which was partially offset by the impact of new minimum payment requirements. The managed net credit loss ratio declined 140 basis points to 4.26%.
—: Revenues increased 2%, driven by a 14% increase in non-interest revenue, which was partially offset by lower net interest revenue due to net interest margin compression. Growth in non-interest revenue primarily reflected increased revenues from previously securitized receivables.
—: Average managed loans grew 5%, driven by higher reward and private label card balances, including the addition of Federated card receivables.

		1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Net Interest Revenue		$	1,449		$	1,202		$	1,353		$	1,300		$	1,193		$	1,167		$	1,140		(16	)%	$	4,004		$	3,500		(13	)%
Non-Interest Revenue			2,006			2,061			2,028			1,425			2,041			2,084			2,312		14	%		6,095			6,437		6	%

Total Revenues, Net of Interest Expense(1)			3,455			3,263			3,381			2,725			3,234			3,251			3,452		2	%		10,099			9,937		(2	)%
Total Operating Expenses			1,500			1,503			1,458			1,541			1,532			1,554			1,447		(1	)%		4,461			4,533		2	%

	Net Credit Losses		756			640			649			692			446			447			456		(30	)%		2,045			1,349		(34	)%
	Credit Reserve Build / (Release)		—			—			30			(200	)		(72	)		(160	)		(122	)	NM			30			(354	)	NM
	Provision for Benefits & Claims		—			—			—			—			21			25			26		—			—			72		—

Provision for Loan Losses and for Benefits and Claims			756			640			679			492			395			312			360		(47	)%		2,075			1,067		(49	)%

Income Before Taxes and Minority Interest			1,199			1,120			1,244			692			1,307			1,385			1,645		32	%		3,563			4,337		22	%
Income Taxes and Minority Interest			421			385			447			248			381			507			560		25	%		1,253			1,448		16	%

Net Income		$	778		$	735		$	797		$	444		$	926		$	878		$	1,085		36	%	$	2,310		$	2,889		25	%

Average Assets (in billions of dollars)		$	71		$	65		$	63		$	63		$	63		$	63		$	64		2	%	$	66		$	63		(5	)%
Return on Assets			4.44	%		4.54	%		5.02	%		2.80	%		5.96	%		5.59	%		6.73	%				4.68	%		6.13	%
Net Credit Loss Ratio			5.77	%		5.47	%		5.76	%		6.38	%		4.27	%		4.11	%		4.22	%
Average Risk Capital		$	5,638		$	5,855		$	5,848		$	5,756		$	5,563		$	5,591		$	5,628		(4	)%	$	5,780		$	5,594		(3	)%
Return on Risk Capital			56	%		50	%		54	%		31	%		68	%		63	%		76	%				53	%		69	%
Return on Invested Capital			23	%		21	%		22	%		13	%		28	%		26	%		32	%				22	%		29	%
KEY INDICATORS—Managed Basis(2) (in billions of dollars)
Return on Managed Assets			2.12	%		2.04	%		2.20	%		1.22	%		2.59	%		2.42	%		2.91	%
Average Managed Loans:
	Securitized	$	86.4		$	87.7		$	89.8		$	92.8		$	94.7		$	94.5		$	97.3		8	%
	Held for Sale		0.2			0.6			—			0.7			0.3			—			0.5		—
	On Balance Sheet		53.1			47.0			44.7			43.0			42.3			43.6			42.8		(4	)%

	Total Managed	$	139.7		$	135.3		$	134.5		$	136.5		$	137.3		$	138.1		$	140.6		5	%

	Bankcards	$	114.4		$	110.4		$	109.2		$	109.6		$	110.4		$	110.3		$	110.6		1	%
	Private Label		25.3			24.9			25.3			26.9			26.9			27.8			30.0		19	%

	Total Managed	$	139.7		$	135.3		$	134.5		$	136.5		$	137.3		$	138.1		$	140.6		5	%

End of Period Managed Loans:
	Bankcards	$	111.9		$	110.2		$	109.1		$	113.7		$	109.7		$	111.3		$	110.3		1	%
	Private Label		24.7			25.2			25.6			27.9			26.2			29.4			30.5		19	%

	Total	$	136.6		$	135.4		$	134.7		$	141.6		$	135.9		$	140.7		$	140.8		5	%

(1): The 2005 first quarter, 2005 second quarter, 2005 third quarter, 2005 fourth quarter, 2006 first quarter, 2006 second quarter, and the 2006 third quarter include releases of $129 million, $102 million, $137 million, $186 million, $90 million, $125 million, and $109 million, respectively, from the allowance for credit losses related to loan receivables that were securitized during the quarter.
(2): Managed basis presentation includes results from both the on-balance sheet loans and off- balance sheet loans, and excludes the impact of card securitization activity. Managed disclosures assume that securitized loans have not been sold and present the results of the securitized loans in the same manner as the Company's owned loans.

NM Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
U.S.
CARDS—Page 2
(In millions of dollars)

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)
SUPPLEMENTAL DISCLOSURE—Managed Basis(1):
	EOP Open Accounts (in millions)			124.5			122.7			119.4			131.2			131.1			144.4			151.1		27	%
	Purchase Sales (in billions of dollars)(2)		$	61.7		$	69.8		$	70.9		$	75.8		$	68.4		$	77.9		$	77.0		9	%
Managed Average Yield(3)
	Bankcards			12.17	%		12.42	%		12.76	%		12.43	%		12.85	%		12.52	%		12.61	%
	Private Label			19.99	%		19.43	%		19.24	%		18.91	%		19.55	%		19.02	%		19.14	%

		Total		13.58	%		13.71	%		13.98	%		13.71	%		14.16	%		13.83	%		14.00	%

Managed Net Interest Revenue (in millions of dollars)(4)
	Bankcards		$	2,690		$	2,572		$	2,650		$	2,524		$	2,471		$	2,292		$	2,332		(12	)%
	Private Label			1,111			1,048			1,088			1,124			1,076			1,112			1,312		21	%

		Total	$	3,801		$	3,620		$	3,738		$	3,648		$	3,547		$	3,404		$	3,644		(3	)%

Managed Net Interest Revenue as % of Average Managed Loans
	Bankcards			9.54	%		9.35	%		9.64	%		9.14	%		9.09	%		8.33	%		8.37	%
	Private Label			17.81	%		16.88	%		17.06	%		16.58	%		16.22	%		16.04	%		17.35	%
		Total		11.03	%		10.74	%		11.03	%		10.60	%		10.48	%		9.89	%		10.28	%
Managed Net Credit Margin (in millions of dollars)(5)
	Bankcards		$	1,888		$	1,798		$	1,881		$	823		$	2,146		$	1,942		$	1,904		1	%
	Private Label			642			635			672			652			617			669			792		18	%

		Total	$	2,530		$	2,433		$	2,553		$	1,475		$	2,763		$	2,611		$	2,696		6	%

Managed Net Credit Margin as a % of Average Managed Loans
	Bankcards			6.69	%		6.53	%		6.83	%		2.98	%		7.88	%		7.06	%		6.83	%
	Private Label			10.29	%		10.23	%		10.54	%		9.62	%		9.30	%		9.65	%		10.47	%

		Total		7.34	%		7.21	%		7.53	%		4.29	%		8.16	%		7.58	%		7.61	%

Managed Net Credit Losses (in millions of dollars)
	Bankcards		$	1,490		$	1,564		$	1,531		$	1,828		$	948		$	1,040		$	1,124		(27	)%
	Private Label			431			392			385			470			373			376			384		—

		Total	$	1,921		$	1,956		$	1,916		$	2,298		$	1,321		$	1,416		$	1,508		(21	)%

Coincident Managed Net Credit Loss Ratio:
	Bankcards			5.28	%		5.69	%		5.57	%		6.61	%		3.49	%		3.78	%		4.03	%
	Private Label			6.91	%		6.31	%		6.04	%		6.93	%		5.62	%		5.42	%		5.08	%
		Total		5.58	%		5.80	%		5.66	%		6.68	%		3.90	%		4.11	%		4.26	%
12 Month Lagged Managed Net Credit Loss Ratio				5.70	%		5.84	%		5.58	%		6.50	%		3.83	%		4.20	%		4.45	%
Managed Loans 90+Days Past Due
	Bankcards		$	1,716		$	1,580		$	1,579		$	1,553		$	1,536		$	1,530		$	1,580		—
	Private Label			684			672			701			922			825			705			675		(4	)%

		Total	$	2,400		$	2,252		$	2,280		$	2,475		$	2,361		$	2,235		$	2,255		(1	)%

% of EOP Managed Loans
	Bankcards			1.53	%		1.43	%		1.45	%		1.37	%		1.40	%		1.37	%		1.43	%
	Private Label			2.78	%		2.67	%		2.74	%		3.30	%		3.15	%		2.40	%		2.21	%
		Total		1.76	%		1.66	%		1.69	%		1.75	%		1.74	%		1.58	%		1.60	%

(1): Managed basis presentation includes results from both the on-balance sheet loans and off-balance sheet loans, and excludes the impact of card securitization activity. Managed disclosures assume that securitized loans have not been sold and present the results of the securitized loans in the same manner as the Company's owned loans.
(2): Purchase Sales represents customers' purchased sales plus cash advances.
(3): Gross interest revenue earned divided by average managed loans.
(4): Includes certain fees that are recorded as interest revenue.
(5): Total Revenues, net of Interest Expense, less Net Credit Losses.

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
U.S.
RETAIL DISTRIBUTION—Page 1
(In millions of dollars)

—: Revenue growth was primarily driven by increased customer business volumes, which were partially offset by net interest margin compression. Average deposits and loans grew 13% and 11%, respectively, and investment product sales grew 16%.
—: Expenses increased 9% on higher customer volumes, increased marketing and investment in new branches. During the quarter, 101 new branches were opened and deposit balances in the Citibank e-savings business reached $7.8 billion.
—: Net income increased 51%, as credit costs declined significantly due to the absence of a $275 million increase to loan loss reserves relating to Hurricane Katrina and a reserve increase recorded in the prior-year period. Credit conditions remained favorable, leading to a 58 basis point decline in the NCL rate to 2.48%.
**
**
**

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Net Interest Revenue			$	1,489		$	1,496		$	1,488		$	1,484		$	1,451		$	1,497		$	1,521		2	%	$	4,473		$	4,469		—
Non-Interest Revenue				968			864			851			875			845			1,002			861		1	%		2,683			2,708		1	%

	Total Revenues, Net of Interest Expense			2,457			2,360			2,339			2,359			2,296			2,499			2,382		2	%		7,156			7,177		—
Total Operating Expenses				1,085			1,107			1,099			1,116			1,221			1,200			1,201		9	%		3,291			3,622		10	%
	Net Credit Losses			326			346			314			418			279			288			282		(10	)%		986			849		(14	)%
	Credit Reserve Build / (Release)			(17	)		—			275			44			(55	)		(31	)		(29	)	NM			258			(115	)	NM
	Provision for Benefits & Claims			182			177			170			175			163			168			193		14	%		529			524		(1	)%

Provision for Loan Losses and for Benefits and Claims				491			523			759			637			387			425			446		(41	)%		1,773			1,258		(29	)%

Income Before Taxes				881			730			481			606			688			874			735		53	%		2,092			2,297		10	%
Income Taxes				317			252			162			215			173			306			254		57	%		731			733		—

Net Income			$	564		$	478		$	319		$	391		$	515		$	568		$	481		51	%	$	1,361		$	1,564		15	%

Average Assets (in billions of dollars)			$	63		$	64		$	65		$	65		$	66		$	69		$	70		8	%	$	64		$	68		6	%
Return on Assets				3.63	%		3.00	%		1.95	%		2.39	%		3.16	%		3.30	%		2.73	%				2.84	%		3.08	%
Average Risk Capital			$	2,940		$	2,983		$	3,003		$	2,982		$	3,459		$	3,520		$	3,591		20	%	$	2,975		$	3,523		18	%
Return on Risk Capital				78	%		64	%		42	%		52	%		60	%		65	%		53	%				61	%		59	%
Return on Invested Capital				20	%		18	%		13	%		15	%		23	%		24	%		21	%				17	%		23	%
Revenues by Business:
	Citibank Branches		$	853		$	766		$	754		$	730		$	737		$	904		$	765		1	%	$	2,373		$	2,406		1	%
	CitiFinancial Branches			1,053			1,054			1,035			1,048			1,008			1,037			1,052		2	%		3,142			3,097		(1	)%
	Primerica Financial Services			551			540			550			581			551			558			565		3	%		1,641			1,674		2	%

		Total Revenues, Net of Interest Expense	$	2,457		$	2,360		$	2,339		$	2,359		$	2,296		$	2,499		$	2,382		2	%	$	7,156		$	7,177		—

Net Income by Business:
	Citibank Branches		$	185		$	114		$	111		$	96		$	100		$	165		$	79		(29	)%	$	410		$	344		(16	)%
	CitiFinancial Branches			245			228			72			151			265			264			270		NM			545			799		47	%
	Primerica Financial Services			134			136			136			144			150			139			132		(3	)%		406			421		4	%

		Total Net Income	$	564		$	478		$	319		$	391		$	515		$	568		$	481		51	%	$	1,361		$	1,564		15	%

NM: Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
U.S.
RETAIL DISTRIBUTION—Page 2
(In millions of dollars)

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)
KEY INDICATORS:
Average Loans (in billions of dollars)
	Citibank Branches		$	8.2		$	8.5		$	8.8		$	9.1		$	9.4		$	9.8		$	10.5		19	%
	CitiFinancial Branches			31.2			31.2			31.9			32.6			33.1			33.8			34.7		9	%

		Total	$	39.4		$	39.7		$	40.7		$	41.7		$	42.5		$	43.6		$	45.2		11	%

Average Loans by Product (in billions of dollars)
	Real estate secured loans		$	20.4		$	20.8		$	21.2		$	21.8		$	22.3		$	23.0		$	23.7		12	%
	Personal loans			14.4			14.4			14.8			15.0			15.2			15.5			16.2		9	%
	Sales finance and other			4.6			4.5			4.7			4.9			5.0			5.1			5.3		13	%

		Total	$	39.4		$	39.7		$	40.7		$	41.7		$	42.5		$	43.6		$	45.2		11	%

Net Interest Revenue (in millions of dollars)
	Citibank Branches		$	513		$	523		$	509		$	512		$	501		$	505		$	508		—
	CitiFinancial Branches			918			918			919			903			891			933			950		3	%
	Primerica Financial Services			58			55			60			69			59			59			63		5	%

		Total	$	1,489		$	1,496		$	1,488		$	1,484		$	1,451		$	1,497		$	1,521		2	%

Net Credit Loss Ratio				3.36	%		3.50	%		3.06	%		3.98	%		2.66	%		2.65	%		2.48	%
Loans 90+ Days Past Due (in millions of dollars)			$	782		$	723		$	787		$	818		$	740		$	717		$	780		(1	)%
% of EOP Loans				1.98	%		1.79	%		1.91	%		1.94	%		1.73	%		1.62	%		1.69	%
Number of Branches:
	Citibank			883			885			884			896			906			892			931		5	%
	CitiFinancial			2,273			2,273			2,274			2,277			2,299			2,361			2,422		7	%

		Total		3,156			3,158			3,158			3,173			3,205			3,253			3,353		6	%

Total EOP Accounts (in millions)
	Citibank Branches			10.3			10.4			10.5			10.5			10.7			10.9			11.1		6	%
	CitiFinancial Branches			5.3			5.3			5.4			5.5			5.3			5.4			5.5		2	%
	Primerica Financial Services			4.8			4.8			4.9			4.8			4.9			4.9			5.0		2	%

		Total		20.4			20.5			20.8			20.8			20.9			21.2			21.6		4	%

Citibank Branches—Average Balances (in billions of dollars)
	Checking, Savings & Money Market Deposits		$	65.6		$	66.4		$	65.1		$	63.6		$	64.1		$	64.1		$	64.7		(1	)%
	Time Deposits, CDs and Other			10.9			12.6			13.2			14.5			16.2			17.9			22.5		70	%

		Total Branch Deposits		76.5			79.0			78.3			78.1			80.3			82.0			87.2		11	%
	Smith Barney Bank Deposit Program			42.3			41.4			41.3			42.2			45.3			47.6			47.5		15	%

		Total Deposits	$	118.8		$	120.4		$	119.6		$	120.3		$	125.6		$	129.6		$	134.7		13	%

	Checking Accounts (in millions)			3.5			3.5			3.5			3.5			3.6			3.6			3.8		9	%
	EOP Investment AUMs (in billions of dollars)		$	39.8		$	40.7		$	41.6		$	42.5		$	43.8		$	43.1		$	43.6		5	%
	Total Investment Product Sales (in billions of dollars)		$	3.1		$	3.0		$	3.2		$	3.0		$	3.9		$	4.1		$	3.7		16	%
Primerica Financial Services:
	Life Insurance in Force (in billions of dollars)		$	553.1		$	562.7		$	572.4		$	581.3		$	583.9		$	596.4		$	602.8		5	%
	Loan Volumes (in millions of dollars)		$	972.8		$	963.6		$	1,099.9		$	1,381.4		$	1,087.0		$	1,104.0		$	917.0		(17	)%
	Mutual Fund Sales at NAV (in millions of dollars)		$	903		$	865		$	798		$	791		$	971		$	951		$	824		3	%
	Variable Annuity Net Written Premiums & Deposits (in millions of dollars)		$	328		$	271		$	283		$	302		$	388		$	362		$	345		22	%
	Investment AUMs (EOP) (in billions of dollars)		$	27.5		$	28.0		$	29.3		$	30.1		$	31.2		$	31.3		$	32.5		11	%

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
U.S.
CONSUMER LENDING—Page 1
(In millions of dollars)

•: Revenues increased 11%, driven by growth in net servicing revenues and gains on sales of securities. Net interest revenues declined slightly, as 19% growth in average loans was offset by net interest margin compression across the loan portfolios.
•: Expenses increased 6%, primarily due to investment spending. Higher credit costs reflected portfolio growth and the absence of prior-year reserve releases.

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Net Interest Revenue			$	1,273		$	1,227		$	1,209		$	1,222		$	1,207		$	1,214		$	1,185		(2	)%	$	3,709		$	3,606		(3	)%
Non-Interest Revenue				100			149			123			166			53			93			296		NM			372			442		19	%

	Total Revenues, Net of Interest Expense			1,373			1,376			1,332			1,388			1,260			1,307			1,481		11	%		4,081			4,048		(1	)%
Total Operating Expenses				411			413			425			451			453			444			450		6	%		1,249			1,347		8	%
	Net Credit Losses			181			146			168			178			176			160			193		15	%		495			529		7	%
	Credit Reserve Build/(Release)			(1	)		1			(56	)		(8	)		(31	)		(75	)		(8	)	86	%		(56	)		(114	)	NM
	Provision for Benefits & Claims			2			1			2			—			(2	)		1			1		(50	)%		5			—		(100	)%

Provision for Loan Losses and for Benefits and Claims				182			148			114			170			143			86			186		63	%		444			415		(7	)%

Income Before Taxes and Minority Interest				780			815			793			767			664			777			845		7	%		2,388			2,286		(4	)%
Income Taxes				281			292			289			293			218			287			308		7	%		862			813		(6	)%
Minority Interest, Net of Tax				13			16			17			16			9			20			16		(6	)%		46			45		(2	)%

Net Income			$	486		$	507		$	487		$	458		$	437		$	470		$	521		7	%	$	1,480		$	1,428		(4	)%

Average Assets (in billions of dollars)			$	178		$	186		$	192		$	201		$	209		$	221		$	244		27	%	$	185		$	225		22	%
Return on Assets				1.11	%		1.09	%		1.01	%		0.90	%		0.85	%		0.85	%		0.85	%				1.07	%		0.85	%
Average Risk Capital			$	3,291		$	3,341		$	3,218		$	3,270		$	3,732		$	3,451		$	3,770		17	%	$	3,283		$	3,651		11	%
Return on Risk Capital				60	%		61	%		60	%		56	%		47	%		55	%		55	%				60	%		52	%
Return on Invested Capital				38	%		32	%		31	%		29	%		27	%		30	%		31	%				34	%		28	%
Revenues by Business:
	Real Estate Lending		$	924		$	888		$	836		$	910		$	843		$	793		$	1,000		20	%	$	2,648		$	2,636		—
	Student Loans			132			176			173			171			117			202			163		(6	)%		481			482		—
	Auto			317			312			323			307			300			312			318		(2	)%		952			930		(2	)%

		Total Revenues, Net of Interest Expense	$	1,373		$	1,376		$	1,332		$	1,388		$	1,260		$	1,307		$	1,481		11	%	$	4,081		$	4,048		(1	)%

Net Income by Business:
	Real Estate Lending		$	363		$	356		$	318		$	341		$	328		$	297		$	389		22	%	$	1,037		$	1,014		(2	)%
	Student Loans			52			62			62			58			38			75			58		(6	)%		176			171		(3	)%
	Auto			71			89			107			59			71			98			74		(31	)%		267			243		(9	)%

		Total Net Income	$	486		$	507		$	487		$	458		$	437		$	470		$	521		7	%	$	1,480		$	1,428		(4	)%

NM: Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
U.S.
CONSUMER LENDING—Page 2

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)
KEY INDICATORS:
Real Estate Lending—Balances (in billions of dollars):
	Average Loans		$	122.2		$	126.5		$	132.2		$	141.5		$	149.6		$	159.1		$	163.5		24	%
	Originations		$	25.9		$	33.3		$	37.0		$	35.7		$	32.4		$	38.6		$	35.8		(3	)%
	Third Party Mortgage Servicing Portfolio (EOP)		$	288.8		$	287.2		$	293.5		$	293.8		$	307.4		$	324.9		$	353.2		20	%
	Net Servicing & Gain/(Loss) on Sale—(in millions of dollars)		$	82.3		$	82.3		$	51.9		$	77.1		$	10.5		$	(11.7	)	$	74.4		43	%
	Net Interest Revenue—(in millions of dollars)		$	831		$	793		$	774		$	815		$	812		$	804		$	789		2	%
		NIR as a % of Average Loans		2.76	%		2.51	%		2.32	%		2.29	%		2.20	%		2.03	%		1.91	%
	Net Credit Loss Ratio			0.23	%		0.19	%		0.17	%		0.16	%		0.19	%		0.19	%		0.19	%
	Loans 90+Days Past Due—(in millions of dollars)		$	1,911		$	1,672		$	1,697		$	1,766		$	1,605		$	1,524		$	1,692		—
		% of EOP Loans		1.54	%		1.31	%		1.24	%		1.22	%		1.03	%		0.94	%		1.02	%
Student Loans—Balances (in billions of dollars):
	Average Loans		$	24.9		$	25.7		$	25.3		$	24.9		$	24.7		$	24.7		$	23.2		(8	)%
	Originations		$	2.6		$	1.6		$	3.8		$	2.8		$	2.9		$	1.9		$	4.1		8	%
	Net Interest Revenue—(in millions of dollars)		$	134		$	129		$	121		$	109		$	104		$	106		$	88		(27	)%
		NIR as a % of Average Loans		2.18	%		2.01	%		1.90	%		1.74	%		1.71	%		1.72	%		1.50	%
	Net Credit Loss Ratio			0.02	%		0.07	%		0.04	%		0.08	%		0.03	%		0.08	%		0.10	%
	Loans 90+Days Past Due—(in millions of dollars)		$	773		$	792		$	814		$	743		$	729		$	747		$	726		(11	)%
		% of EOP Loans		3.06	%		3.25	%		3.25	%		3.11	%		2.95	%		3.26	%		3.34	%
Auto—(in billions of dollars):
	Average Loans		$	11.0		$	11.4		$	11.9		$	12.3		$	12.8		$	13.5		$	14.3		20	%
	Originations		$	1.4		$	1.6		$	1.9		$	1.5		$	2.0		$	2.0		$	2.4		26	%
	Net Interest Revenue—(in millions of dollars)		$	308		$	305		$	314		$	298		$	291		$	304		$	309		(2	)%
		NIR as a % of Average Loans		11.36	%		10.73	%		10.47	%		9.61	%		9.22	%		9.03	%		8.57	%
	Net Credit Margin (NCM)—(in millions of dollars)		$	204		$	231		$	213		$	191		$	196		$	231		$	207		(3	)%
		NCM as a % of Average Loans		7.52	%		8.13	%		7.10	%		6.16	%		6.21	%		6.86	%		5.74	%
	Net Credit Loss Ratio			4.17	%		2.81	%		3.70	%		3.74	%		3.29	%		2.44	%		3.08	%
	Loans 90+Days Past Due—(in millions of dollars)		$	74		$	75		$	97		$	115		$	77		$	85		$	138		42	%
		% of EOP Loans		0.66	%		0.65	%		0.80	%		0.93	%		0.58	%		0.61	%		0.93	%

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
U.S.
COMMERCIAL BUSINESS

—: Revenues declined due to the absence of a $162 million revenue benefit recorded in the prior-year period due to the settlement of litigation related to the purchase of Copelco. Excluding the impact of the Copelco settlement, revenues were approximately even with the prior year as 11% loan growth was offset by net interest margin compression.
—: Expenses increased 6% due to the absence of a $23 million expense benefit due to the Copelco settlement recorded in the prior-year period. Credit costs declined, reflecting a continued favorable credit environment.
**
**

		1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Net Interest Revenue		$	329		$	322		$	372		$	295		$	287		$	311		$	295		(21	)%	$	1,023		$	893		(13	)%
Non-Interest Revenue			349			169			277			186			183			205			194		(30	)%		795			582		(27	)%

Total Revenues, Net of Interest Expense			678			491			649			481			470			516			489		(25	)%		1,818			1,475		(19	)%
Total Operating Expenses			341			335			308			356			363			353			328		6	%		984			1,044		6	%
	Net Credit Losses		12			12			8			16			14			12			8		—			32			34		6	%
	Credit Reserve Build / (Release)		(12	)		(6	)		13			(34	)		(38	)		(8	)		(38	)	NM			(5	)		(84	)	NM

Total Provision for Loan Losses			—			6			21			(18	)		(24	)		4			(30	)	NM			27			(50	)	NM

Income Before Taxes			337			150			320			143			131			159			191		(40	)%		807			481		(40	)%
Income Taxes			85			16			98			22			5			21			40		(59	)%		199			66		(67	)%

Net Income		$	252		$	134		$	222		$	121		$	126		$	138		$	151		(32	)%	$	608		$	415		(32	)%

Average Assets (in billions of dollars)		$	36		$	38		$	39		$	40		$	41		$	42		$	44		13	%	$	38		$	42		11	%
Return on Assets			2.84	%		1.41	%		2.26	%		1.20	%		1.25	%		1.32	%		1.36	%				2.14	%		1.32	%
Average Risk Capital		$	1,969		$	1,825		$	1,698		$	1,758		$	2,315		$	2,235		$	2,323		37	%	$	1,831		$	2,291		25	%
Return on Risk Capital			52	%		29	%		52	%		27	%		22	%		25	%		26	%				44	%		24	%
Return on Invested Capital			37	%		19	%		31	%		17	%		11	%		12	%		13	%				29	%		12	%
KEY INDICATORS (in billions of dollars):
	Total Deposits	$	15.1		$	16.9		$	18.6		$	19.0		$	18.8		$	18.8		$	18.3		(2	)%
Commercial Real Estate		$	12.4		$	14.2		$	14.5		$	15.2		$	16.1		$	16.7		$	16.8		16	%
Equipment Leasing			12.7			13.1			13.1			13.7			14.1			14.4			14.6		11	%
Other			2.2			3.2			3.3			3.3			3.3			3.3			3.4		3	%

Average Loans		$	27.3		$	30.5		$	30.9		$	32.2		$	33.5		$	34.4		$	34.8		13	%
Average Loans—Liquidating			2.4			0.8			0.6			0.5			0.4			0.3			0.2		(67	)%

Average Loans—Total		$	29.7		$	31.3		$	31.5		$	32.7		$	33.9		$	34.7		$	35.0		11	%
Operating Leases			1.8			1.6			1.6			1.9			1.8			1.8			1.8		13	%

Total Average Earning Assets		$	31.5		$	32.9		$	33.1		$	34.6		$	35.7		$	36.5		$	36.8		11	%

Net Credit Loss Ratio			0.17	%		0.15	%		0.10	%		0.19	%		0.17	%		0.14	%		0.09	%
Loans 90+Days Past Due—(in millions of dollars)		$	185		$	148		$	175		$	170		$	151		$	116		$	191		9	%
	% of EOP Loans		0.60	%		0.47	%		0.54	%		0.51	%		0.44	%		0.33	%		0.54	%

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
INTERNATIONAL
CARDS—Page 1
(In millions of dollars)

—: Revenues were a record, increasing 26% on higher purchase sales and average loans, up 18% and 21%, respectively, and the integration of Credicard in Brazil. Loan growth was led by Mexico, Asia, and Latin America.
—: Expenses grew 32%, reflecting the integration of Credicard, continued investment in organic growth, higher customer activity, and the absence of a $33 million value added tax refund in Mexico recorded in the prior-year period.
—: Net income declined due to higher credit costs, primarily reflecting target market expansion in Mexico, the continued impact of industry-wide credit conditions in the Taiwan cards market, and the integration of Creditcard.
**
**
**

		1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Net Interest Revenue		$	647		$	673		$	710		$	746		$	773		$	912		$	964		36	%	$	2,030		$	2,649		30	%
Non-Interest Revenue			458			503			499			614			507			598			555		11	%		1,460			1,660		14	%

	Total Revenues, Net of Interest Expense		1,105			1,176			1,209			1,360			1,280			1,510			1,519		26	%		3,490			4,309		23	%
Total Operating Expenses			568			577			561			665			617			714			740		32	%		1,706			2,071		21	%
	Net Credit Losses		160			157			168			182			218			333			347		NM			485			898		85	%
	Specific and Unallocated Credit Reserve Build / (Release)		(5	)		18			24			35			94			26			59		NM			37			179		NM

Total Provision for Loan Losses			155			175			192			217			312			359			406		NM			522			1,077		NM
Income Before Taxes and Minority Interest			382			424			456			478			351			437			373		(18	)%		1,262			1,161		(8	)%
Income Taxes and Minority Interest			80			93			73			121			60			109			86		18	%		246			255		4	%

Net Income		$	302		$	331		$	383		$	357		$	291		$	328		$	287		(25	)%	$	1,016		$	906		(11	)%

Average Assets (in billions of dollars)		$	25		$	26		$	26		$	27		$	28		$	30		$	32		23	%	$	26		$	30		15	%
Return on Assets			4.90	%		5.11	%		5.84	%		5.25	%		4.21	%		4.39	%		3.56	%				5.22	%		4.04	%
Average Risk Capital		$	1,595		$	1,758		$	1,855		$	1,967		$	2,073		$	2,202		$	2,185		18	%	$	1,736		$	2,153		24	%
Return on Risk Capital			77	%		76	%		82	%		72	%		57	%		60	%		52	%				78	%		56	%
Return on Invested Capital			32	%		33	%		37	%		34	%		27	%		29	%		24	%				34	%		27	%
Revenues by Region:
	Mexico	$	269		$	307		$	353		$	382		$	405		$	443		$	465		32	%	$	929		$	1,313		41	%
	EMEA		294			285			302			396			294			327			328		9	%		881			949		8	%
	Japan		73			76			76			77			70			74			72		(5	)%		225			216		(4	)%
	Asia (excluding Japan)		401			423			414			425			415			428			402		(3	)%		1,238			1,245		1	%
	Latin America		68			85			64			80			96			238			252		NM			217			586		NM

	Total	$	1,105		$	1,176		$	1,209		$	1,360		$	1,280		$	1,510		$	1,519		26	%	$	3,490		$	4,309		23	%

Net Income by Region:
	Mexico	$	127		$	125		$	204		$	108		$	149		$	147		$	133		(35	)%		456			429		(6	)%
	EMEA		32			34			34			88			32			43			55		62	%		100			130		30	%
	Japan		17			17			17			24			21			13			13		(24	)%		51			47		(8	)%
	Asia (excluding Japan)		101			117			107			113			54			56			73		(32	)%		325			183		(44	)%
	Latin America		25			38			21			24			35			69			13		(38	)%		84			117		39	%

	Total	$	302		$	331		$	383		$	357		$	291		$	328		$	287		(25	)%	$	1,016		$	906		(11	)%

NM: Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
INTERNATIONAL
CARDS—Page 2
(In millions of dollars)

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)
KEY INDICATORS (in billions of dollars)
Average Yield				17.34	%		17.52	%		18.08	%		18.33	%		18.61	%		19.03	%		19.20	%
Net Interest Revenue as a % of Average Loans				12.26	%		12.16	%		12.41	%		12.65	%		12.90	%		14.02	%		13.91	%
Net Credit Margin (in millions of dollars) (1)			$	945		$	1,019		$	1,041		$	1,178		$	1,062		$	1,177		$	1,172		13	%
	% of Average Loans			17.91	%		18.41	%		18.19	%		19.97	%		17.72	%		18.09	%		16.91	%
End of Period Loans			$	21.6		$	22.5		$	23.1		$	24.1		$	24.1		$	26.8		$	28.1		22	%
EOP Open Accounts (in millions)				25.2			25.9			26.5			26.5			26.7			30.1			30.6		15	%
Purchase Sales (2)			$	16.1		$	17.1		$	17.3		$	18.2		$	17.4		$	19.7		$	20.5		18	%
Average Loans:
	Mexico		$	3.6		$	4.0		$	4.6		$	5.2		$	5.5		$	5.6		$	6.0		30	%
	EMEA			6.0			6.3			6.2			6.0			6.1			6.5			6.7		8	%
	Japan			1.3			1.3			1.3			1.3			1.3			1.4			1.4		8	%
	Asia (excluding Japan)			9.8			9.9			9.8			10.0			10.4			10.7			10.9		11	%
	Latin America			0.7			0.7			0.8			0.9			1.0			1.9			2.5		NM

		Total	$	21.4		$	22.2		$	22.7		$	23.4		$	24.3		$	26.1		$	27.5		21	%

Coincident Net Credit Loss Ratio				3.02	%		2.84	%		2.94	%		3.08	%		3.64	%		5.12	%		5.01	%
12 Month Lagged Net Credit Loss Ratio				3.83	%		3.51	%		3.61	%		3.56	%		4.13	%		6.02	%		6.06	%
Loans 90+Days Past Due (in millions of dollars)			$	354		$	382		$	411		$	469		$	535		$	643		$	723		76	%
	% of EOP Loans			1.64	%		1.70	%		1.78	%		1.95	%		2.22	%		2.40	%		2.57	%

(1): Total Revenues, net of Interest Expense, less Net Credit Losses.
(2): Purchase Sales represents customers' purchased sales plus cash advances.
NM: Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
INTERNATIONAL
CONSUMER FINANCE—Page 1
(In millions of dollars)

—: In Japan, revenues declined due to lower receivables balances and net interest margins, which was more than offset by lower expenses. Net income declined due to increased credit costs of approximately $160 million (pretax) from ongoing legislative and other actions affecting the consumer finance industry.
—: Outside of Japan, revenues increased 21%, driven by 22% growth in average loans. Net income declined as revenue growth was offset by increased investment spending, including the opening of 110 new branches, and increased credit costs.

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Net Interest Revenue			$	920		$	930		$	910		$	914		$	921		$	971		$	962		6	%	$	2,760		$	2,854		3	%
Non-Interest Revenue				28			33			40			44			41			38			36		(10	)%		101			115		14	%

Total Revenues, Net of Interest Expense				948			963			950			958			962			1,009			998		5	%		2,861			2,969		4	%
Total Operating Expenses				437			380			397			398			419			427			406		2	%		1,214			1,252		3	%
	Net Credit Losses			316			321			334			313			319			323			389		16	%		971			1,031		6	%
	Credit Reserve Build/(Release)			—			1			(10	)		—			(16	)		17			135		NM			(9	)		136		NM
	Provision for Benefits & Claims			(1	)		—			—			(2	)		1			—			(1	)	—			(1	)		—		100	%

Provision for Loan Losses and for Benefits and Claims				315			322			324			311			304			340			523		61	%		961			1,167		21	%

Income Before Taxes				196			261			229			249			239			242			69		(70	)%		686			550		(20	)%
Income Taxes				57			84			77			75			71			69			19		(75	)%		218			159		(27	)%

Net Income			$	139		$	177		$	152		$	174		$	168		$	173		$	50		(67	)%	$	468		$	391		(16	)%

Average Assets (in billions of dollars)			$	27		$	26		$	25		$	26		$	26		$	27		$	28		12	%	$	26		$	27		4	%
Return on Assets				2.09	%		2.73	%		2.41	%		2.66	%		2.62	%		2.57	%		0.71	%				2.41	%		1.94	%
Average Risk Capital			$	934		$	920		$	919		$	897		$	1,165		$	1,042		$	1,093		19	%	$	924		$	1,100		19	%
Return on Risk Capital				60	%		77	%		66	%		77	%		58	%		67	%		18	%				68	%		48	%
Return on Invested Capital				16	%		20	%		18	%		21	%		19	%		20	%		6	%				18	%		15	%
Revenues by Region:
	Mexico		$	43		$	44		$	47		$	50		$	53		$	55		$	62		32	%	$	134		$	170		27	%
	EMEA			189			185			185			184			184			193			191		3	%		559			568		2	%
	Japan			627			635			609			604			591			615			587		(4	)%		1,871			1,793		(4	)%
	Asia (excluding Japan)			61			69			78			86			98			108			120		54	%		208			326		57	%
	Latin America			28			30			31			34			36			38			38		23	%		89			112		26	%

		Total	$	948		$	963		$	950		$	958		$	962		$	1,009		$	998		5	%	$	2,861		$	2,969		4	%

Net Income (Loss) by Region:
	Mexico		$	9		$	8		$	9		$	10		$	10		$	11		$	12		33	%	$	26		$	33		27	%
	EMEA			(4	)		16			3			21			7			15			(13	)	NM			15			9		(40	)%
	Japan			122			137			122			124			135			134			37		(70	)%		381			306		(20	)%
	Asia (excluding Japan)			9			13			16			17			16			12			15		(6	)%		38			43		13	%
	Latin America			3			3			2			2			—			1			(1	)	NM			8			—		(100	)%

		Total	$	139		$	177		$	152		$	174		$	168		$	173		$	50		(67	)%	$	468		$	391		(16	)%

NM: Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
INTERNATIONAL
CONSUMER FINANCE—Page 2
(In millions of dollars)

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)
KEY INDICATORS:
Average Loans by Product (in billions of dollars):
	Real estate secured loans		$	8.3		$	8.1		$	8.0		$	8.2		$	8.1		$	8.5		$	8.6		8	%
	Personal loans			13.0			12.9			12.8			12.8			13.3			14.3			14.6		14	%
	Auto			0.8			0.6			0.5			0.4			0.3			0.3			0.2		(60	)%
	Sales finance and other			0.7			0.8			0.6			0.7			0.7			0.7			0.8		33	%

		Total	$	22.8		$	22.4		$	21.9		$	22.1		$	22.4		$	23.8		$	24.2		11	%

Average Loans by Region (in billions of dollars):
	Mexico		$	0.2		$	0.2		$	0.3		$	0.3		$	0.3		$	0.3		$	0.4		33	%
	EMEA			9.9			9.7			9.5			9.7			9.6			10.4			10.5		11	%
	Japan			10.9			10.5			10.0			9.6			9.6			9.9			9.7		(3	)%
	Asia (excluding Japan)			1.4			1.6			1.7			2.0			2.3			2.6			2.9		71	%
	Latin America			0.4			0.4			0.4			0.5			0.6			0.6			0.7		75	%

		Total	$	22.8		$	22.4		$	21.9		$	22.1		$	22.4		$	23.8		$	24.2		11	%

Average Yield				18.31	%		18.90	%		18.87	%		18.63	%		19.06	%		18.88	%		18.49	%
Net Interest Revenue as a % of Average Loans				16.36	%		16.65	%		16.49	%		16.41	%		16.67	%		16.36	%		15.77	%
Net Credit Margin (NCM)—(in millions of dollars)			$	632		$	642		$	617		$	645		$	643		$	686		$	609		(1	)%
	NCM as a % of Average Loans			11.24	%		11.50	%		11.18	%		11.58	%		11.64	%		11.56	%		9.98	%
Net Credit Loss Ratio				5.62	%		5.75	%		6.03	%		5.62	%		5.78	%		5.44	%		6.38	%
Net Credit Loss Ratio—Japan				9.25	%		9.68	%		9.77	%		9.92	%		9.12	%		9.74	%		11.26	%
Loans 90+ Days Past Due—(in millions of dollars)			$	480		$	477		$	467		$	442		$	437		$	519		$	575		23	%
	% of EOP Loans			2.12	%		2.17	%		2.13	%		2.03	%		1.93	%		2.16	%		2.37	%
Number of Sales Points:
	Japan Branches			405			405			392			325			325			324			324		(17	)%
	Japan Automated Loan Machines (ALMs)			523			588			654			682			731			809			809		24	%

		Total Japan		928			993			1,046			1,007			1,056			1,133			1,133		8	%
	Mexico Branches			217			233			255			268			288			312			349		37	%
	EMEA Branches			264			277			282			284			306			326			339		20	%
	Asia (excluding Japan) Branches			224			250			293			418			489			547			582		99	%
	Latin America Branches			118			128			138			160			180			188			213		54	%

		Total		1,751			1,881			2,014			2,137			2,319			2,506			2,616		30	%

NM: Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
INTERNATIONAL
RETAIL BANKING—Page 1
(In millions of dollars)

—: Revenue growth was driven by a 9% increase in deposits and 18% growth in investment product sales. Average loan balances increased 3%, led by growth in Asia, EMEA and Latin America.
—: Expense growth reflected increased business volumes, continued investment spending, and the absence of a $93 million value added tax refund in Mexico recorded in the prior-year period. During the quarter, 66 new branches were opened.
—: Credit costs declined significantly due to the absence of a $476 million pre-tax charge to standardize loan write-off policies in EMEA with global write-off policies. Credit costs included loan loss reserve releases in Korea and Mexico. The NCL rate declined in 0.87%.

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Net Interest Revenue			$	1,435		$	1,516		$	1,375		$	1,404		$	1,439		$	1,460		$	1,519		10	%	$	4,326		$	4,418		2	%
Non-Interest Revenue				870			880			1,099			1,148			1,028			1,095			1,031		(6	)%		2,849			3,154		11	%

	Total Revenues, Net of Interest Expense			2,305			2,396			2,474			2,552			2,467			2,555			2,550		3	%		7,175			7,572		6	%
Total Operating Expenses				1,417			1,363			1,322			1,435			1,585			1,560			1,623		23	%		4,102			4,768		16	%
	Net Credit Losses			179			181			1,288			234			184			191			141		(89	)%		1,648			516		(69	)%
	Credit Reserve Build/(Release)			(9	)		19			(649	)		51			(77	)		(105	)		(93	)	86	%		(639	)		(275	)	57	%
	Provision for Benefits & Claims			33			33			42			50			44			37			55		31	%		108			136		26	%

Provision for Loan Losses and for Benefits and Claims				203			233			681			335			151			123			103		(85	)%		1,117			377		(66	)%

Income Before Taxes and Minority Interest				685			800			471			782			731			872			824		75	%		1,956			2,427		24	%
Income Taxes and Minority Interest				187			207			44			217			54			158			123		NM			438			335		(24	)%

Net Income			$	498		$	593		$	427		$	565		$	677		$	714		$	701		64	%	$	1,518		$	2,092		38	%

Average Assets (in billions of dollars)			$	113		$	114		$	115		$	116		$	119		$	120		$	127		10	%	$	114		$	122		7	%
Return on Assets				1.79	%		2.09	%		1.47	%		1.93	%		2.31	%		2.39	%		2.19	%				1.78	%		2.29	%
Average Risk Capital			$	9,983		$	10,663		$	10,802		$	9,764		$	9,407		$	9,481		$	9,348		(13	)%	$	10,483		$	9,412		(10	)%
Return on Risk Capital				20	%		22	%		16	%		23	%		29	%		30	%		30	%				19	%		30	%
Return on Invested Capital				12	%		13	%		9	%		12	%		15	%		16	%		15	%				10	%		15	%
Total Revenues, Net of Interest Expense:
	Mexico		$	648		$	704		$	739		$	787		$	691		$	694		$	711		(4	)%	$	2,091		$	2,096		—
	EMEA			765			786			784			846			792			840			834		6	%		2,335			2,466		6	%
	Japan			121			116			118			119			114			118			123		4	%		355			355		—
	Asia (excluding Japan)			610			624			649			621			676			708			687		6	%		1,883			2,071		10	%
	Latin America			161			166			184			179			194			195			195		6	%		511			584		14	%

		Total	$	2,305		$	2,396		$	2,474		$	2,552		$	2,467		$	2,555		$	2,550		3	%	$	7,175		$	7,572		6	%

Net Income (Loss) by Region:
	Mexico		$	141		$	235		$	298		$	158		$	199		$	217		$	250		(16	)%	$	674		$	666		(1	)%
	EMEA			94			74			(191	)		173			146			157			171		NM			(23	)		474		NM
	Japan			36			34			30			26			32			31			29		(3	)%		100			92		(8	)%
	Asia (excluding Japan)			201			211			252			193			277			291			240		(5	)%		664			808		22	%
	Latin America			26			39			38			15			23			18			11		(71	)%		103			52		(50	)%

		Total	$	498		$	593		$	427		$	565		$	677		$	714		$	701		64	%	$	1,518		$	2,092		38	%

KEY INDICATORS:
Net Credit Loss Ratio				1.17	%		1.17	%		8.20	%		1.53	%		1.21	%		1.22	%		0.87	%
Loans 90+Days Past Due (in millions of dollars)			$	2,013		$	1,901		$	770		$	779		$	736		$	680		$	679		(12	)%
	% of EOP Loans			3.26	%		3.09	%		1.26	%		1.29	%		1.21	%		1.08	%		1.04	%
Branches by Region:
	Mexico			1,346			1,334			1,335			1,382			1,404			1,441			1,452		9	%
	EMEA			612			619			618			625			636			663			682		10	%
	Japan			25			25			25			25			25			25			25		—
	Asia (excluding Japan)			354			394			396			401			403			404			405		2	%
	Latin America			153			158			162			176			179			187			209		29	%

		Total		2,490			2,530			2,536			2,609			2,647			2,720			2,773		9	%

NM: Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL CONSUMER
INTERNATIONAL
RETAIL BANKING—Page 2

			1Q 2005		2Q 2005		3Q 2005		4Q 2005		1Q 2006		2Q 2006		3Q 2006		3Q06 vs. 3Q05 Increase/ (Decrease)
KEY INDICATORS (Continued):
International—Balances (in billions of dollars)
	Checking, Savings & Money Market Deposits		$	72.5	$	71.0	$	70.6	$	72.2	$	76.8	$	78.8	$	77.6	10	%
	Time Deposits, CDs and Other			63.2		63.3		65.5		66.8		67.7		67.8		70.8	8	%

	Total Average Deposits		$	135.7	$	134.3	$	136.1	$	139.0	$	144.5	$	146.6	$	148.4	9	%

	Investment Sales		$	12.5	$	11.4	$	13.6	$	13.3	$	17.1	$	18.2	$	16.0	18	%
	Investment AUMs (EOP)		$	74.8	$	76.4	$	81.4	$	83.3	$	90.1	$	90.0	$	95.2	17	%
	Other (primarily Retirement Services)			31.0		32.3		34.9		37.2		40.3		39.1		38.6	11	%

		Total AUMs	$	105.8	$	108.7	$	116.3	$	120.5	$	130.4	$	129.1	$	133.8	15	%

Average Customer Deposits by Region (in billions of dollars):
	Mexico		$	23.0	$	23.1	$	23.6	$	25.4	$	25.9	$	24.9	$	25.7	9	%
	EMEA			25.9		25.3		26.7		28.1		31.0		32.8		32.7	22	%
	Japan			21.9		21.2		21.1		20.7		20.8		21.1		20.9	(1	)%
	Asia (excluding Japan)			57.9		57.6		57.7		57.7		59.6		60.6		61.5	7	%
	Latin America			7.0		7.1		7.0		7.1		7.2		7.2		7.6	9	%

		Total	$	135.7	$	134.3	$	136.1	$	139.0	$	144.5	$	146.6	$	148.4	9	%

Average Loans by Region (in billions of dollars):
	Mexico		$	7.3	$	7.6	$	7.8	$	8.0	$	8.2	$	7.7	$	7.9	1	%
	EMEA			19.3		18.7		18.5		17.2		17.4		18.6		19.0	3	%
	Japan			0.3		0.2		0.7		0.7		0.7		0.8		0.6	(14	)%
	Asia (excluding Japan)			34.3		34.6		34.4		33.8		34.1		34.4		35.6	3	%
	Latin America			0.8		0.8		0.9		1.0		1.1		1.1		1.3	44	%

		Total	$	62.0	$	61.9	$	62.3	$	60.7	$	61.5	$	62.6	$	64.4	3	%

Average Loans by Type (in billions of dollars):
	Mortgage		$	23.3	$	23.6	$	23.5	$	23.1	$	23.3	$	23.2	$	24.2	3	%
	Auto			2.7		2.7		2.6		2.4		2.3		2.2		2.2	(15	)%
	Installment/Overdraft			24.0		23.7		23.7		22.6		23.2		24.4		25.4	7	%
	Commercial			7.7		7.8		7.8		7.9		8.1		8.2		8.5	9	%
	Other Retail			4.3		4.1		4.7		4.7		4.6		4.6		4.1	(13	)%

		Total	$	62.0	$	61.9	$	62.3	$	60.7	$	61.5	$	62.6	$	64.4	3	%

EOP Accounts by Region (in millions):
	Mexico			17.1		17.5		17.9		18.1		18.5		19.0		19.8	11	%
	EMEA			8.4		8.6		8.7		8.9		9.0		9.3		9.6	10	%
	Japan			2.1		2.1		2.1		2.0		2.0		2.1		2.1	—
	Asia (excluding Japan)			11.7		11.9		12.2		12.0		12.0		12.1		12.3	1	%
	Latin America			6.4		6.5		6.6		6.7		7.0		7.2		7.5	14	%

		Total		45.7		46.6		47.5		47.7		48.5		49.7		51.3	8	%

Reclassified to conform to the current period's presentation.

CORPORATE AND INVESTMENT BANKING
(In millions of dollars)

	1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006		3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006		YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Corporate and Investment Banking:
Net Interest Revenue	$	2,149		$	2,022		$	1,916		$	2,013		$	2,234		$	2,147		$	1,913	—		$	6,087		$	6,294	3	%
Non-Interest Revenue		3,888			3,134			4,518			4,223			5,045			4,614			4,154	(8	)%		11,540			13,813	20	%

Total Revenues, Net of Interest Expense		6,037			5,156			6,434			6,236			7,279			6,761			6,067	(6	)%		17,627			20,107	14	%
Total Operating Expenses		3,668			3,368			3,856			3,241			4,757			4,158			3,622	(6	)%		10,892			12,537	15	%
Total Provision for Credit Losses		(56	)		(14	)		43			(15	)		—			173			107	NM			(27	)		280	NM

Income Before Taxes and Minority Interest		2,425			1,802			2,535			3,010			2,522			2,430			2,338	(8	)%		6,762			7,290	8	%
Income Taxes		735			420			704			959			574			702			598	(15	)%		1,859			1,874	1	%
Minority Interest, Net of Tax		11			10			34			4			19			5			19	(44	)%		55			43	(22	)%

Net Income	$	1,679		$	1,372		$	1,797		$	2,047		$	1,929		$	1,723		$	1,721	(4	)%	$	4,848		$	5,373	11	%

U.S.:
Net Interest Revenue	$	1,054		$	955		$	799		$	915		$	858		$	713		$	356	(55	)%	$	2,808		$	1,927	(31	)%
Non-Interest Revenue		1,725			993			2,011			1,449			2,065			2,090			1,651	(18	)%		4,729			5,806	23	%

Total Revenues, Net of Interest Expense		2,779			1,948			2,810			2,364			2,923			2,803			2,007	(29	)%		7,537			7,733	3	%
Total Operating Expenses		1,451			1,347			1,740			901			2,251			1,621			1,218	(30	)%		4,538			5,090	12	%
Total Provision for Credit Losses		21			90			98			(8	)		52			137			55	(44	)%		209			244	17	%

Income Before Taxes and Minority Interest		1,307			511			972			1,471			620			1,045			734	(24	)%		2,790			2,399	(14	)%
Income Taxes		410			47			314			515			94			301			185	(41	)%		771			580	(25	)%
Minority Interest, Net of Tax		4			2			21			(2	)		11			(3	)		9	(57	)%		27			17	(37	)%

Net Income	$	893		$	462		$	637		$	958		$	515		$	747		$	540	(15	)%	$	1,992		$	1,802	(10	)%

International:
Net Interest Revenue	$	1,095		$	1,067		$	1,117		$	1,098		$	1,376		$	1,434		$	1,557	39	%	$	3,279		$	4,367	33	%
Non-Interest Revenue		2,163			2,141			2,507			2,774			2,980			2,524			2,503	—			6,811			8,007	18	%

Total Revenues, Net of Interest Expense		3,258			3,208			3,624			3,872			4,356			3,958			4,060	12	%		10,090			12,374	23	%
Total Operating Expenses		2,217			2,021			2,116			2,340			2,506			2,537			2,404	14	%		6,354			7,447	17	%
Total Provision for Credit Losses		(77	)		(104	)		(55	)		(7	)		(52	)		36			52	NM			(236	)		36	NM

Income Before Taxes and Minority Interest		1,118			1,291			1,563			1,539			1,902			1,385			1,604	3	%		3,972			4,891	23	%
Income Taxes		325			373			390			444			480			401			413	6	%		1,088			1,294	19	%
Minority Interest, Net of Tax		7			8			13			6			8			8			10	(23	)%		28			26	(7	)%

Net Income	$	786		$	910		$	1,160		$	1,089		$	1,414		$	976		$	1,181	2	%	$	2,856		$	3,571	25	%

NM: Not meaningful

Reclassified to conform to the current period's presentation.

CORPORATE AND INVESTMENT BANKING
INCOME STATEMENT
(In millions of dollars)

				1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Revenues:
	Commissions and Fees			$	601		$	545		$	595		$	623		$	682		$	713		$	555		(7	)%	$	1,741		$	1,950		12	%
	Administration and Other Fiduciary Fees				696			701			695			686			756			797			780		12	%		2,092			2,333		12	%
	Investment Banking				805			870			973			1,044			1,078			1,153			1,020		5	%		2,648			3,251		23	%
	Principal Transactions				1,533			572			2,041			1,207			2,150			1,425			1,434		(30	)%		4,146			5,009		21	%
	Other				253			446			214			663			379			526			365		71	%		913			1,270		39	%

		Total Non-Interest Revenues			3,888			3,134			4,518			4,223			5,045			4,614			4,154		(8	)%		11,540			13,813		20	%
		Net Interest Revenue (including Dividends)			2,149			2,022			1,916			2,013			2,234			2,147			1,913		—			6,087			6,294		3	%

			Total Revenues, Net of Interest Expense		6,037			5,156			6,434			6,236			7,279			6,761			6,067		(6	)%		17,627			20,107		14	%

Non-Interest Expenses:
	Compensation and Benefits				2,227			1,894			2,463			2,013			3,178			2,550			2,045		(17	)%		6,584			7,773		18	%
	Other Operating and Administrative Expenses				1,441			1,474			1,393			1,228			1,579			1,608			1,577		13	%		4,308			4,764		11	%

			Total Non-Interest Expenses		3,668			3,368			3,856			3,241			4,757			4,158			3,622		(6	)%		10,892			12,537		15	%
Provision for Loan Losses					(56	)		(114	)		(57	)		(65	)		(50	)		23			57		NM			(227	)		30		NM
Provision for Unfunded Lending Commitments					—			100			100			50			50			150			50		(50	)%		200			250		25	%

Total Provision for Credit Losses					(56	)		(14	)		43			(15	)		—			173			107		NM			(27	)		280		NM

Income Before Taxes and Minority Interest					2,425			1,802			2,535			3,010			2,522			2,430			2,338		(8	)%		6,762			7,290		8	%
Income Taxes					735			420			704			959			574			702			598		(15	)%		1,859			1,874		1	%
Minority Interest, Net of Tax					11			10			34			4			19			5			19		(44	)%		55			43		(22	)%

		Net Income		$	1,679		$	1,372		$	1,797		$	2,047		$	1,929		$	1,723		$	1,721		(4	)%	$	4,848		$	5,373		11	%

Pre-tax Profit Margin					40.2	%		34.9	%		39.4	%		48.3	%		34.6	%		35.9	%		38.5	%				38.4	%		36.3	%
Compensation and Benefits Expenses as a percent of Net Revenues (1)(2)(3)					32.9	%		36.7	%		38.3	%		34.4	%		43.7	%		37.7	%		33.7	%				36.0	%		38.7	%
Non-Compensation Expenses as a Percent of Net Revenues (2)					23.9	%		28.6	%		21.7	%		21.0	%		21.7	%		23.8	%		26.0	%				24.4	%		23.7	%

(1): The 2005 first quarter period excludes Expenses of $243 million (pretax) related to the repositioning of certain CIB businesses.
(2): The 2005 fourth quarter period excludes Revenues of $386 million (pretax) related to the gain on sale of Nikko shares.
(3): The 2006 first quarter period includes $449 (pretax) million related to the adoption of SFAS 123(R).
NM: Not meaningful

Reclassified to conform to the current period's presentation.

CORPORATE AND INVESTMENT BANKING
REVENUE DETAILS
(In millions of dollars)

					1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Revenue Details:
	Investment Banking Revenue:
		Advisory and Other Fees			$	256		$	264		$	333		$	359		$	295		$	296		$	355		7	%	$	853		$	946		11	%
		Equity Underwriting				269			254			298			315			286			284			204		(32	)%		821			774		(6	)%
		Debt Underwriting				500			514			568			569			713			670			639		13	%		1,582			2,022		28	%
		Revenue Allocated to the Global Wealth Management Segment:
			Equity Underwriting			(95	)		(74	)		(79	)		(61	)		(42	)		(49	)		(59	)	25	%		(248	)		(150	)	40	%
			Debt Underwriting			(22	)		(27	)		(36	)		(28	)		(36	)		(51	)		(50	)	(39	)%		(85	)		(137	)	(61	)%

				Total Investment Banking Revenue		908			931			1,084			1,154			1,216			1,150			1,089		—			2,923			3,455		18	%
Lending						510			543			531			681			411			569			481		(9	)%		1,584			1,461		(8	)%
Equity Markets						707			728			872			767			1,179			945			868		—			2,307			2,992		30	%
Fixed Income Markets						2,916			1,827			2,770			2,086			3,148			2,762			2,315		(16	)%		7,513			8,225		9	%
Other Capital Markets and Banking						(142	)		(64	)		(70	)		231			(58	)		(157	)		(186	)	NM			(276	)		(401	)	(45	)%

Total Capital Markets and Banking Revenues (1)						4,899			3,965			5,187			4,919			5,896			5,269			4,567		(12	)%		14,051			15,732		12	%

Transaction Services						1,137			1,191			1,246			1,317			1,382			1,495			1,500		20	%		3,574			4,377		22	%
Other						1			—			1			—			1			(3	)		—		(100	)%		2			(2	)	NM

Total CIB Revenues					$	6,037		$	5,156		$	6,434		$	6,236		$	7,279		$	6,761		$	6,067		(6	)%	$	17,627		$	20,107		14	%

(1): Capital Markets and Banking revenues reflect Citigroup's portion (49%) of the results of the Nikko Citigroup Joint Venture on each respective line with an offset in Other Capital Markets and Banking to conform to the GAAP presentation.
NM: Not meaningful

Reclassified to conform to the current period's presentation.

CIB
CAPITAL MARKETS AND BANKING
(In millions of dollars)

—: Fixed income markets revenues declined 16% to $2.3 billion, primarily driven by lower results in commodities, interest rate products and foreign exchange.
—: Equity markets revenues of $868 million were approximately even with the prior-year period, as improved performance in derivatives and equity finance was offset by lower results in convertibles and cash trading.
—: Investment banking revenues of $1.1 billion were approximately even with the prior-year period, as 13% growth in debt underwriting revenues and increased advisory fees were offset by a decline in equity underwriting.
—: Credit costs included a $120 million charge to increase loan loss reserves, reflecting portfolio growth and a change in credit rating of certain counterparties.

		1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Net Interest Revenue		$	1,635		$	1,483		$	1,317		$	1,369		$	1,571		$	1,408		$	1,139		(14	)%	$	4,435		$	4,118		(7	)%
Non-Interest Revenue			3,264			2,482			3,870			3,550			4,325			3,861			3,428		(11	)%		9,616			11,614		21	%

Total Revenues, Net of Interest Expense			4,899			3,965			5,187			4,919			5,896			5,269			4,567		(12	)%		14,051			15,732		12	%
Total Operating Expenses			2,859			2,585			3,134			2,923			3,803			3,154			2,655		(15	)%		8,578			9,612		12	%
	Provision for Loan Losses		(46	)		(116	)		(55	)		(82	)		(51	)		19			50		NM			(217	)		18		NM
	Provision for Unfunded Lending Commitments		—			96			95			47			46			138			48		(49	)%		191			232		21	%

Total Provision for Credit Losses			(46	)		(20	)		40			(35	)		(5	)		157			98		NM			(26	)		250		NM

Income Before Taxes and Minority Interest			2,086			1,400			2,013			2,031			2,098			1,958			1,814		(10	)%		5,499			5,870		7	%
Income Taxes			637			347			555			606			461			541			452		(19	)%		1,539			1,454		(6	)%
Minority Interest, Net of Tax			10			10			34			4			19			5			18		(47	)%		54			42		(22	)%

Net Income		$	1,439		$	1,043		$	1,424		$	1,421		$	1,618		$	1,412		$	1,344		(6	)%	$	3,906		$	4,374		12	%

Average Risk Capital		$	19,344		$	19,694		$	20,143		$	20,411		$	19,123		$	20,173		$	20,450		2	%	$	19,727		$	19,915		1	%
Return on Risk Capital			30	%		21	%		28	%		28	%		34	%		28	%		26	%				26	%		29	%
Return on Invested Capital			23	%		16	%		21	%		21	%		26	%		21	%		19	%				20	%		22	%
Investment Banking
	Global Debt, Equity and Equity-related Underwriting:
	Global Volume (1)	$	151,943		$	150,825		$	128,780		$	141,985		$	179,389		$	162,716		$	147,874		15	%	$	431,548		$	489,979		14	%
	Global Market Share		8.9	%		8.8	%		8.5	%		8.4	%		9.1	%		8.5	%		9.3	%				8.8	%		9.0	%
	Rank		1			1			1			1			1			1			1					1			1
	U.S. Volume (1)	$	93,939		$	106,635		$	91,948		$	96,495		$	112,152		$	117,723		$	98,836		7	%	$	292,522		$	328,711		12	%
	U.S. Market Share		10.3	%		10.9	%		9.3	%		9.6	%		10.3	%		10.4	%		10.6	%				10.1	%		10.4	%
	Rank		1			1			1			1			1			1			1					1			1

(1): Full credit to book manager. Market volumes and shares sourced from Thomson Financial Securities Data.

NM Not meaningful

Reclassified to conform to the current period's presentation.

CIB
TRANSACTION SERVICES
(In millions of dollars)

—: Record revenues and net income, up 20% and 18%, respectively, were driven by higher customer volumes, reflecting increased liability balances, up 22%; assets under custody, up 14%; and the positive impact of higher short-term interest rates.
—: Expenses increased 18%, primarily driven by increased new business activity, investment in growth initiatives, acquisitions and higher volumes.

		1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Net Interest Revenue		$	514		$	539		$	599		$	644		$	663		$	739		$	774		29	%	$	1,652		$	2,176		32	%
Non-Interest Revenue			623			652			647			673			719			756			726		12	%		1,922			2,201		15	%

Total Revenues, Net of Interest Expense			1,137			1,191			1,246			1,317			1,382			1,495			1,500		20	%		3,574			4,377		22	%
Total Operating Expenses			803			780			809			924			949			989			954		18	%		2,392			2,892		21	%
	Provision for Loan Losses		(13	)		2			1			17			1			4			7		NM			(10	)		12		NM
	Provision for Unfunded Lending Commitments		—			4			5			3			4			12			2		(60	)%		9			18		100	%

Total Provision for Credit Losses			(13	)		6			6			20			5			16			9		50	%		(1	)		30		NM

Income Before Taxes and Minority Interest			347			405			431			373			428			490			537		25	%		1,183			1,455		23	%
Income Taxes and Minority Interest, Net of Tax			102			117			104			98			105			150			152		46	%		323			407		26	%

Net Income		$	245		$	288		$	327		$	275		$	323		$	340		$	385		18	%	$	860		$	1,048		22	%

Average Risk Capital		$	1,435		$	1,403		$	1,240		$	1,234		$	1,470		$	1,582		$	1,517				$	1,359		$	1,523
Return on Risk Capital			69	%		82	%		105	%		88	%		89	%		86	%		101	%				85	%		92	%
Return on Invested Capital			40	%		46	%		56	%		47	%		50	%		50	%		57	%				47	%		52	%
Revenue Details:
	Cash Management	$	658		$	694		$	729		$	783		$	792		$	856		$	894		23	%	$	2,081		$	2,542		22	%
	Securities Services		336			348			363			390			438			478			450		24	%		1,047			1,366		30	%
	Trade		143			149			154			144			152			161			156		1	%		446			469		5	%

Total Revenues, Net of Interest Expense		$	1,137		$	1,191		$	1,246		$	1,317		$	1,382		$	1,495		$	1,500		20	%	$	3,574		$	4,377		22	%

Liability Balances (Average in billions)		$	139		$	141		$	147		$	155		$	158		$	178		$	180		22	%
Assets Under Custody (EOP in trillions)		$	8.0		$	8.0		$	8.4		$	8.6		$	8.8		$	9.3		$	9.6		14	%

NM Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL WEALTH MANAGEMENT
(In millions of dollars)

	1Q 2005			2Q 2005		3Q 2005		4Q 2005			1Q 2006		2Q 2006		3Q 2006		3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005		Nine Months 2006		YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Global Wealth Management:
Net Interest Revenue	$	431		$	421	$	417	$	426		$	460	$	444	$	480	15	%	$	1,269	$	1,384	9	%
Non-Interest Revenue		1,742			1,679		1,757		1,811			2,023		2,048		2,006	14	%		5,178		6,077	17	%

Total Revenues, Net of Interest Expense		2,173			2,100		2,174		2,237			2,483		2,492		2,486	14	%		6,447		7,461	16	%
Total Operating Expenses		1,690			1,586		1,673		1,747			2,055		1,961		1,894	13	%		4,949		5,910	19	%
Total Provision for Loan Losses		(16	)		—		30		15			5		8		16	(47	)%		14		29	NM

Income Before Taxes		499			514		471		475			423		523		576	22	%		1,484		1,522	3	%
Income Taxes		180			192		165		178			136		176		177	7	%		537		489	(9	)%

Net Income	$	319		$	322	$	306	$	297		$	287	$	347	$	399	30	%	$	947	$	1,033	9	%

U.S.:
Total Revenues, Net of Interest Expense	$	1,872		$	1,852	$	1,923	$	1,981		$	2,154	$	2,149	$	2,153	12	%	$	5,647	$	6,456	14	%
Total Operating Expenses		1,448			1,348		1,465		1,538			1,805		1,706		1,649	13	%		4,261		5,160	21	%
Total Provision for Loan Losses		(8	)		—		12		17			5		5		9	(25	)%		4		19	NM

Income Before Taxes		432			504		446		426			344		438		495	11	%		1,382		1,277	(8	)%
Income Taxes		159			189		158		161			116		148		153	(3	)%		506		417	(18	)%

Net Income	$	273		$	315	$	288	$	265		$	228	$	290	$	342	19	%	$	876	$	860	(2	)%

International:
Total Revenues, Net of Interest Expense	$	301		$	248	$	251	$	256		$	329	$	343	$	333	33	%	$	800	$	1,005	26	%
Total Operating Expenses		242			238		208		209			250		255		245	18	%		688		750	9	%
Total Provision for Loan Losses		(8	)		—		18		(2	)		—		3		7	(61	)%		10		10	—

Income Before Taxes		67			10		25		49			79		85		81	NM			102		245	NM
Income Taxes		21			3		7		17			20		28		24	NM			31		72	NM

Net Income	$	46		$	7	$	18	$	32		$	59	$	57	$	57	NM		$	71	$	173	NM

NM: Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL WEALTH MANAGEMENT
SMITH BARNEY
(In millions of dollars)

•: Record revenues were driven by strong customer demand for advisory services, resulting in a 32% increase in fee-based revenues, and the acquisition of the Legg Mason retail brokerage business. Transactional revenues declined 7%, reflecting lower customer trading volumes and a continued shift toward offering fee-based advisory products and services.
•: Assets under fee-based management increased 25% to $322 billion, driven by both organic growth and the addition of Legg Mason client assets.
•: Results included $59 million expense from SFAS 123(R) accruals.

		1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Revenues:
Fee-Based and Net Interest Revenue		$	911		$	956		$	986		$	1,039		$	1,200		$	1,238		$	1,305		32	%	$	2,853		$	3,743		31	%
Commissions and Other Transactional Revenue			758			691			742			742			787			752			689		(7	)%		2,191			2,228		2	%

Total Revenues, Net of Interest Expense			1,669			1,647			1,728			1,781			1,987			1,990			1,994		15	%		5,044			5,971		18	%

Total Operating Expenses			1,351			1,252			1,366			1,436			1,720			1,624			1,565		15	%		3,969			4,909		24	%
Provision for Loan Losses			—			4			7			1			1			(1	)		(1	)	NM			11			(1	)	NM

Income Before Taxes			318			391			355			344			266			367			430		21	%		1,064			1,063		—
Income Taxes			121			152			128			136			98			129			136		6	%		401			363		(9	)%

Net Income		$	197		$	239		$	227		$	208		$	168		$	238		$	294		30	%	$	663		$	700		6	%

Pretax Profit Margin			19	%		24	%		21	%		19	%		13	%		18	%		22	%				21	%		18	%
Average Risk Capital		$	876		$	927		$	958		$	989		$	1,457		$	1,422		$	1,436		50	%	$	920		$	1,438		56	%
Return on Risk Capital			91	%		103	%		94	%		83	%		47	%		67	%		81	%				96	%		65	%
Return on Invested Capital			63	%		73	%		67	%		42	%		24	%		34	%		41	%				68	%		33	%
Financial Advisors			12,189			12,150			12,111			13,414			13,321			13,177			13,076		8	%
Annualized Revenue per FA (000)		$	556		$	538		$	565		$	566		$	597		$	600		$	606		7	%
Branch offices			522			518			517			640			635			635			635		23	%
Revenues:
	Net Interest Revenue	$	150		$	148		$	158		$	169		$	209		$	203		$	247		56	%	$	456		$	659		45	%
	Non-Interest Revenue		1,519			1,499			1,570			1,612			1,778			1,787			1,747		11	%		4,588			5,312		16	%

	Total	$	1,669		$	1,647		$	1,728		$	1,781		$	1,987		$	1,990		$	1,994		15	%	$	5,044		$	5,971		18	%

Assets (in billions of dollars):
Total Client Assets		$	969		$	987		$	1,015		$	1,130		$	1,167		$	1,142		$	1,173		16	%
Net Client Asset Flows		$	13		$	5		$	6		$	4		$	3		$	(5	)	$	2		(67	)%
Client Assets Under Fee-Based Management:
	Consulting Group and Other Advisory Accounts	$	155		$	159		$	168		$	177		$	189		$	187		$	193		15	%
	Financial Advisor Managed Accounts		84			86			90			121			130			126			129		43	%

	Total Smith Barney	$	239		$	245		$	258		$	298		$	319		$	313		$	322		25	%

NM: Not meaningful

Reclassified to conform to the current period's presentation.

GLOBAL WEALTH MANAGEMENT
PRIVATE BANK
(In millions of dollars)

—: Revenue and net income growth partially reflected the absence of prior-year losses associated with the closing of the Japan Private Bank. Excluding Japan, revenues grew 7%, driven by strong growth in capital markets activity in Asia, which was partially offset by continued net interest margin compression.
—: Excluding Japan, net income declined 3%, reflecting higher expenses due to increased professional staffing and investment spending to expand in on-shore markets.
**
**

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
	Recurring Fee-Based and Net Interest Revenues(1)		$	401		$	352		$	359		$	366		$	403		$	396		$	390		9	%	$	1,112		$	1,189		7	%
	Transactional Revenues			103			101			87			90			93			106			102		17	%		291			301		3	%

Total Revenues, Net of Interest Expense				504			453			446			456			496			502			492		10	%		1,403			1,490		6	%
Total Operating Expenses				339			334			307			311			335			337			329		7	%		980			1,001		2	%
Provision for Loan Losses				(16	)		(4	)		23			14			4			9			17		(26	)%		3			30		NM

Income Before Taxes				181			123			116			131			157			156			146		26	%		420			459		9	%
Income Taxes				59			40			37			42			38			47			41		11	%		136			126		(7	)%

Net Income			$	122		$	83		$	79		$	89		$	119		$	109		$	105		33	%	$	284		$	333		17	%

Pretax Profit Margin				36	%		27	%		26	%		29	%		32	%		31	%		30	%				30	%		31	%
Average Risk Capital			$	1,117		$	1,165		$	1,195		$	1,222		$	1,082		$	944		$	928		(22	)%	$	1,159		$	985		(15	)%
Return on Risk Capital				44	%		29	%		26	%		29	%		45	%		46	%		45	%				33	%		45	%
Return on Invested Capital				42	%		26	%		24	%		26	%		42	%		42	%		41	%				31	%		42	%
Client Business Volumes (in billions of dollars):
	Client Assets Under Fee-Based Management		$	49		$	49		$	49		$	48		$	50		$	50		$	52		6	%
	Banking and Fiduciary Deposits			46			46			46			48			47			50			54		17	%
	Investment Finance			42			43			40			42			42			43			44		10	%
	Other, Principally Custody Accounts			81			79			80			84			83			79			83		4	%

		Total Client Business Volumes	$	218		$	217		$	215		$	222		$	222		$	222		$	233		8	%

Revenues:
	Net Interest Revenue		$	281		$	273		$	259		$	257		$	251		$	241		$	233		(10	)%	$	813		$	725		(11	)%
	Non-Interest Revenue			223			180			187			199			245			261			259		39	%		590			765		30	%

	Total		$	504		$	453		$	446		$	456		$	496		$	502		$	492		10	%	$	1,403		$	1,490		6	%

U.S.			$	203		$	205		$	195		$	200		$	210		$	210		$	204		5	%	$	603		$	624		3	%
International				301			248			251			256			286			292			288		15	%		800			866		8	%

Total			$	504		$	453		$	446		$	456		$	496		$	502		$	492		10	%	$	1,403		$	1,490		6	%

Net Credit Loss Ratio				(0.05	)%		(0.05	)%		(0.01	)%		0.04	%		(0.04	)%		0.00	%		0.00	%

(1): Includes treasury revenue, which was previously disclosed separately.
NM: Not meaningful

Reclassified to conform to the current period's presentation.

ALTERNATIVE INVESTMENTS(1)
(In millions of dollars)

—: Revenues and net income declined due to lower results in private equity and liquid investments, which were partially offset by higher client revenues, and an $85 million after-tax gain on the sale of MetLife shares.
**

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Total Revenues, Net of Interest Expense			$	866		$	1,112		$	720		$	732		$	675		$	584		$	334		(54	)%	$	2,698		$	1,593		(41	)%
Total Operating Expenses				105			159			167			202			181			199			137		(18	)%		431			517		20	%
Provision for Loan Losses				—			—			(2	)		—			—			(13	)		—		100	%		(2	)		(13	)	NM

Income Before Taxes and Minority Interest				761			953			555			530			494			398			197		(65	)%		2,269			1,089		(52	)%
Income Taxes				267			334			181			168			111			138			70		(61	)%		782			319		(59	)%
Minority Interest, Net of Tax				132			234			35			11			30			3			10		(71	)%		401			43		(89	)%

Net Income			$	362		$	385		$	339		$	351		$	353		$	257		$	117		(65	)%	$	1,086		$	727		(33	)%

Assets (in billions)			$	9.7		$	10.9		$	11.4		$	12.9		$	11.8		$	11.9		$	10.8		(5	)%
Average Risk Capital (in billions)			$	4.1		$	4.3		$	4.3		$	4.3		$	4.5		$	4.0		$	4.0		(7	)%	$	4.2		$	4.2		—
Return on Risk Capital				36	%		36	%		31	%		32	%		32	%		26	%		12	%				35	%		23	%
Return on Invested Capital				34	%		34	%		29	%		30	%		28	%		22	%		8	%				32	%		20	%
Total Revenues, Net of Interest Expense (by Business):
Client			$	62		$	83		$	81		$	114		$	91		$	97		$	97		20	%	$	226		$	285		26	%
Proprietary Investment Activities:
	Private Equity			752			982			449			380			213			516			56		(88	)%		2,183			785		(64	)%
	Hedge Funds			30			(47	)		91			(5	)		107			(43	)		1		(99	)%		74			65		(12	)%
	Other			22			94			99			243			264			14			180		82	%		215			458		NM

Total Proprietary Investment Activities				804			1,029			639			618			584			487			237		(63	)%		2,472			1,308		(47	)%

		Total	$	866		$	1,112		$	720		$	732		$	675		$	584		$	334		(54	)%	$	2,698		$	1,593		(41	)%

Total Revenues, Net of Interest Expense (by Type):
Client			$	62		$	83		$	81		$	114		$	91		$	97		$	97		20	%	$	226		$	285		26	%
Proprietary Investment Activities:
	Fees/Dividends/Interest			81			86			194			148			49			49			58		(70	)%		361			156		(57	)%
	Realized & Unrealized Gains (including Public Mark-to-Market)			706			943			442			491			563			475			200		(55	)%		2,091			1,238		(41	)%
	Other			17			—			3			(21	)		(28	)		(37	)		(21	)	NM			20			(86	)	NM

Total Proprietary Investment Activities				804			1,029			639			618			584			487			237		(63	)%		2,472			1,308		(47	)%

		Total	$	866		$	1,112		$	720		$	732		$	675		$	584		$	334		(54	)%	$	2,698		$	1,593		(41	)%

Capital Under Management (in billions):
Client			$	20.2		$	21.7		$	24.8		$	25.4		$	28.2		$	30.6		$	33.5		35	%
Proprietary Investment Activities				8.8			9.6			10.7			12.2			11.1			11.3			10.2		(5	)%

Capital Under Management			$	29.0		$	31.3		$	35.5		$	37.6		$	39.3		$	41.9		$	43.7		23	%

(1): Includes Citigroup Venture Capital activities and certain other corporate investments.
NM: Not meaningful

Reclassified to conform to the current period's presentation.

CITIGROUP—RETURN ON CAPITAL(1)

			Average Risk Capital ($M)(2)							Return on Risk Capital						Return on Invested Capital
			Third Quarter 2005			Second Quarter 2006		Third Quarter 2006		Third Quarter 2005		Second Quarter 2006		Third Quarter 2006		Third Quarter 2005		Second Quarter 2006		Third Quarter 2006
Global Consumer:
	U.S. Cards		$	5,848		$	5,591	$	5,628	54	%	63	%	76	%	22	%	26	%	32	%
	U.S. Retail Distribution			3,003			3,520		3,591	42	%	65	%	53	%	13	%	24	%	21	%
	U.S. Consumer Lending			3,218			3,451		3,770	60	%	55	%	55	%	31	%	30	%	31	%
	U.S. Commercial Business			1,698			2,235		2,323	52	%	25	%	26	%	31	%	12	%	13	%

		Total U.S. Consumer		13,767			14,797		15,312	53	%	56	%	58	%	22	%	24	%	26	%

	International Cards			1,855			2,202		2,185	82	%	60	%	52	%	37	%	29	%	24	%
	International Consumer Finance			919			1,042		1,093	66	%	67	%	18	%	18	%	20	%	6	%
	International Retail Banking			10,802			9,481		9,348	16	%	30	%	30	%	9	%	16	%	15	%

		Total International Consumer		13,576			12,725		12,626	28	%	38	%	33	%	14	%	19	%	16	%

	Other			—			—		—	—		—		—		—		—		—

		Total Global Consumer		27,343			27,522		27,938	40	%	46	%	45	%	18	%	21	%	21	%

Corporate and Investment Banking:
	Capital Markets and Banking			20,143			20,173		20,450	28	%	28	%	26	%	21	%	21	%	19	%
	Transaction Services			1,240			1,582		1,517	105	%	86	%	101	%	56	%	50	%	57	%
	Other			—			—		—	—		—		—		—		—		—

		Total Corporate and Investment Banking		21,383			21,755		21,967	33	%	32	%	31	%	25	%	23	%	23	%

Global Wealth Management:
	Smith Barney			958			1,422		1,436	94	%	67	%	81	%	67	%	34	%	41	%
	Private Bank			1,195			944		928	26	%	46	%	45	%	24	%	42	%	41	%

		Total Global Wealth Management		2,153			2,366		2,364	56	%	59	%	67	%	46	%	36	%	41	%

Alternative Investments				4,336			4,043		3,975	31	%	26	%	12	%	29	%	22	%	8	%
Corporate/Other				(1,629	)		219		144	NM		NM		NM		NM		NM		NM
Total Citigroup—Risk Capital (Continuing Operations)(2)(3)			$	53,586		$	55,905	$	56,388	37	%	38	%	37	%
Total Citigroup—Return on Invested Capital (Net Income)(2)(4)																25	%	19	%	19	%

(1): Risk Capital is defined as the amount of capital needed to cover unexpected economic losses during extreme events. Return on Risk Capital is defined as income divided by Risk Capital. Return on Invested Capital is a similar calculation but includes adjustments for goodwill and intangibles in both the numerator and denominator, similar to those necessary to translate return on tangible equity to return on total equity. Return on Risk Capital and Return on Invested Capital are non-GAAP performance measures. Management believes Return on Risk Capital is useful to make incremental investment decisions and serves as a key metric for organic growth initiatives. Return on Invested Capital is used for multi-year investment decisions and as a long term performance measure.
(2): Average Risk Capital is net of the cross-sector diversification. Average Invested Capital includes the difference between Tangible Equity and Risk Capital, which is also included in the Total Citigroup Return on Invested Capital.
(3): On a Continuing Operations Basis. See Notes 3 and 4 on page 2.
(4): Total Citigroup Return on Invested Capital equals Citigroup Return on Common Equity.
NM: Not meaningful

Reclassified to conform to the current period's presentation.

AVERAGE BALANCES AND INTEREST RATES(1)(2)(3)(4)
(In millions of dollars)

			Average Volumes						Interest						% Average Rate(4)
			Third Quarter 2005		Second Quarter 2006		Third Quarter 2006(5)		Third Quarter 2005		Second Quarter 2006		Third Quarter 2006(5)		Third Quarter 2005		Second Quarter 2006		Third Quarter 2006(5)
Assets:
	Deposits at Interest with Banks		$	35,118	$	38,951	$	37,469	$	438	$	630	$	713	4.95	%	6.49	%	7.55	%
	Fed Funds Sold and Resale Agreements(6)			236,927		251,082		247,671		2,641		3,397		3,713	4.42	%	5.43	%	5.95	%
	Trading Account Assets(7)			230,405		281,059		284,295		1,847		2,888		2,558	3.18	%	4.12	%	3.57	%
	Investments(1)			171,772		197,900		218,997		1,814		2,255		2,606	4.19	%	4.57	%	4.72	%
		Consumer Loans		437,600		476,645		485,658		9,996		10,905		11,134	9.06	%	9.18	%	9.10	%
		Corporate Loans		121,213		148,684		161,040		2,039		2,738		3,256	6.67	%	7.39	%	8.02	%
	Total Loans (net of Unearned Income)			558,813		625,329		646,698		12,035		13,643		14,390	8.54	%	8.75	%	8.83	%
	Other Interest-Earning Assets			56,060		55,081		54,493		569		759		749	4.03	%	5.53	%	5.45	%

Total Average Interest-Earning Assets			$	1,289,095	$	1,449,402	$	1,489,623	$	19,344	$	23,572	$	24,729	5.95	%	6.52	%	6.59	%

Liabilities:
	Deposits		$	508,939	$	574,055	$	601,531	$	3,616	$	5,204	$	5,771	2.82	%	3.64	%	3.81	%
	Fed Funds Purchased and Repurchase Agreements(6)			245,107		284,754		281,084		3,127		4,319		4,396	5.06	%	6.08	%	6.20	%
	Trading Account Liabilities(7)			74,510		74,867		73,245		32		62		56	0.17	%	0.33	%	0.30	%
	Short-Term Borrowings			107,369		144,187		144,949		845		1,348		1,518	3.12	%	3.75	%	4.15	%
	Long-Term Debt			213,117		231,850		247,276		2,029		2,784		3,160	3.78	%	4.82	%	5.07	%

Total Interest-Bearing Liabilities			$	1,149,042	$	1,309,713	$	1,348,085	$	9,649	$	13,717	$	14,901	3.33	%	4.20	%	4.39	%

Net Interest Revenue as a % of Average Interest-Earning Assets									$	9,695	$	9,855	$	9,828	2.98	%	2.73	%	2.62	%
3Q06 Increase (Decrease) From															(36	)bps	(11	)bps

(1): Interest Revenue excludes the taxable equivalent adjustments (based on the U.S. federal statutory tax rate of 35%) of $41 million for the 2005 third quarter, $25 million for the 2006 second quarter and $14 million for the 2006 third quarter.
(2): Citigroup Average Balances and Interest Rates include both domestic and international operations.
(3): Monthly or quarterly averages have been used by certain subsidiaries where daily averages are unavailable.
(4): Average Rate % is calculated as annualized interest over average volumes.
(5): Preliminary
(6): Average volumes of securities borrowed or purchased under agreements to resell and securities loaned or sold under agreements to repurchase are reported net pursuant to FIN 41; the related interest excludes the impact of FIN 41.
(7): Interest expense on trading account liabilities of CIB is reported as a reduction of interest revenue.

Reclassified to conform to the current period's presentation.

CITIGROUP
AVERAGE MANAGED LOANS
(In billions of dollars)

			1Q 2005		2Q 2005		3Q 2005		4Q 2005		1Q 2006		2Q 2006		3Q 2006		3Q06 vs 3Q05 Increase/ (Decrease)
Global Consumer:
	U.S. Cards		$	139.7	$	135.3	$	134.5	$	136.5	$	137.3	$	138.1	$	140.6	5	%
		Bankcards		114.4		110.4		109.2		109.6		110.4		110.3		110.6	1	%
		Private label		25.3		24.9		25.3		26.9		26.9		27.8		30.0	19	%
	U.S. Retail Distribution			39.4		39.7		40.7		41.7		42.5		43.6		45.2	11	%
		Real estate secure loans		20.4		20.8		21.2		21.8		22.3		23.0		23.7	12	%
		Personal loans		14.4		14.4		14.8		15.0		15.2		15.5		16.2	9	%
		Sales finance and other		4.6		4.5		4.7		4.9		5.0		5.1		5.3	13	%
	U.S. Consumer Lending			158.1		163.6		169.4		178.7		187.1		197.3		201.0	19	%
		Real estate lending		122.2		126.5		132.2		141.5		149.6		159.1		163.5	24	%
		Student loans		24.9		25.7		25.3		24.9		24.7		24.7		23.2	(8	)%
		Auto		11.0		11.4		11.9		12.3		12.8		13.5		14.3	20	%
	U.S. Commercial Business			29.7		31.3		31.5		32.7		33.9		34.7		35.0	11	%
		Commercial real estate		12.4		14.2		14.5		15.2		16.1		16.7		16.8	16	%
		Equipment leasing		12.7		13.1		13.1		13.7		14.1		14.4		14.6	11	%
		Other		4.6		4.0		3.9		3.8		3.7		3.6		3.6	(8	)%

	Total U.S. Consumer			366.9		369.9		376.1		389.6		400.8		413.7		421.8	12	%

	International Cards			21.4		22.2		22.7		23.4		24.3		26.1		27.5	21	%
	International Consumer Finance			22.8		22.4		21.9		22.1		22.4		23.8		24.2	11	%
		Real estate secure loans		8.3		8.1		8.0		8.2		8.1		8.5		8.6	8	%
		Personal loans		13.0		12.9		12.8		12.8		13.3		14.3		14.6	14	%
		Auto		0.8		0.6		0.5		0.4		0.3		0.3		0.2	(60	)%
		Sales finance and other		0.7		0.8		0.6		0.7		0.7		0.7		0.8	33	%
	International Retail Banking			62.0		61.9		62.3		60.7		61.5		62.6		64.4	3	%
		Mortgage		23.3		23.6		23.5		23.1		23.3		23.2		24.2	3	%
		Auto		2.7		2.7		2.6		2.4		2.3		2.2		2.2	(15	)%
		Personal		24.0		23.7		23.7		22.6		23.2		24.4		25.4	7	%
		Commercial		7.7		7.8		7.8		7.9		8.1		8.2		8.5	9	%
		Other		4.3		4.1		4.7		4.7		4.6		4.6		4.1	(13	)%

	Total International Consumer			106.2		106.5		106.9		106.2		108.2		112.5		116.1	9	%

	Other			—		—		—		—		—		—		—	—

		Total Global Consumer		473.1		476.4		483.0		495.8		509.0		526.2		537.9	11	%

Corporate and Investment Banking:
	Capital Markets and Banking			91.4		94.6		97.3		103.1		112.6		118.8		131.3	35	%
	Transaction Services			23.6		23.7		23.8		23.7		26.4		29.8		29.6	24	%

	Total Corporate and Investment Banking			115.0		118.3		121.1		126.8		139.0		148.6		160.9	33	%

Global Wealth Management:
	Smith Barney			1.4		1.6		1.7		1.9		1.9		2.2		2.3	35	%
	Private Bank			38.7		39.1		38.4		37.7		38.4		40.0		40.7	6	%

	Total Global Wealth Management			40.1		40.7		40.1		39.6		40.3		42.2		43.0	7	%

Alternative Investments				0.2		0.2		0.1		0.1		0.1		0.1		0.1	—
Corporate Other				—		—		—		—		—		—		—	—
Total Average Managed Loans			$	628.4	$	635.6	$	644.3	$	662.3	$	688.4		717.1	$	741.9	15	%

CONSUMER LOAN DELINQUENCY AMOUNTS, NET CREDIT LOSSES AND RATIOS
(In millions of dollars, except loan amounts in billions)

			90 Days Or More Past Due(1)											Net Credit Losses(1)
			90 Days Or More Past Due(1)									EOP Loans 3Q06		Net Credit Losses(1)									Average Loans 3Q06
			3Q05			2Q06			3Q06			EOP Loans 3Q06		3Q05			2Q06			3Q06			Average Loans 3Q06
PRODUCT VIEW:
U.S.:
	U.S. Cards		$	981		$	814		$	736		$	41.0	$	649		$	447		$	456		$	42.8
		Ratio		2.33	%		1.87	%		1.80	%				5.76	%		4.11	%		4.22	%
	U.S. Retail Distribution			787			717			780			46.2		314			288			282			45.2
		Ratio		1.91	%		1.62	%		1.69	%				3.06	%		2.65	%		2.48	%
	U.S. Consumer Lending			2,608			2,356			2,556			203.3		168			160			193			201.0
		Ratio		1.49	%		1.19	%		1.26	%				0.39	%		0.33	%		0.38	%
	U.S. Commercial Business			175			116			191			35.2		8			12			8			35.0
		Ratio		0.54	%		0.33	%		0.54	%				0.10	%		0.14	%		0.09	%
International:
	International Cards			411			643			723			28.1		168			333			347			27.5
		Ratio		1.78	%		2.40	%		2.57	%				2.94	%		5.12	%		5.01	%
	International Consumer Finance			467			519			575			24.2		334			323			389			24.2
		Ratio		2.13	%		2.16	%		2.37	%				6.03	%		5.44	%		6.38	%
	International Retail Banking			770			680			679			65.1		1,288			191			141			64.4
		Ratio		1.26	%		1.08	%		1.04	%				8.20	%		1.22	%		0.87	%
	Private Bank			58			6			10			40.7		(1	)		—			—			40.7
		Ratio		0.15	%		0.02	%		0.02	%				(0.01	)%		0.00	%		0.00	%
	Other Consumer Loans			51			—			—			2.4		(2	)		—			(1	)		2.3

On-Balance Sheet Loans(2)			$	6,308		$	5,851		$	6,250		$	486.2	$	2,926		$	1,754		$	1,815		$	483.1
	*Ratio*			1.45	%		1.22	%		1.29	%				2.68	%		1.48	%		1.49	%
Securitized Receivables (all in U.S. Cards)				1,299			1,421			1,519			99.2		1,267			969			1,051			97.3
Loans Held-for-Sale				—			—			—			0.6		—			—			1			0.5

Managed Loans(3)			$	7,607		$	7,272		$	7,769		$	586.0	$	4,193		$	2,723		$	2,867		$	580.9
	*Ratio*			1.44	%		1.26	%		1.33	%				3.18	%		1.92	%		1.96	%
REGIONAL VIEW:
	U.S.		$	4,632		$	4,010		$	4,273		$	355.0	$	1,137		$	908		$	937		$	352.9
		Ratio		1.46	%		1.14	%		1.20	%				1.45	%		1.05	%		1.05	%
	Mexico			576			548			600			15.4		68			115			128			15.2
		Ratio		4.15	%		3.76	%		3.90	%				1.95	%		3.16	%		3.33	%
	Europe, Middle East and Africa (EMEA)			518			508			573			40.1		1,391			292			221			40.3
		Ratio		1.42	%		1.29	%		1.43	%				14.60	%		2.97	%		2.18	%
	Japan			195			194			231			11.6		254			251			286			11.7
		Ratio		1.64	%		1.63	%		1.99	%				7.65	%		8.33	%		9.65	%
	Asia (excluding Japan)			356			491			453			58.3		84			147			174			57.3
		Ratio		0.66	%		0.87	%		0.78	%				0.62	%		1.06	%		1.21	%
	Latin America			31			100			120			5.8		(8	)		41			69			5.7
		Ratio		0.84	%		1.85	%		2.07	%				(0.90	%)		3.34	%		4.85	%

On-Balance Sheet Loans(2)			$	6,308		$	5,851		$	6,250		$	486.2	$	2,926		$	1,754		$	1,815		$	483.1
	Ratio			1.45	%		1.22	%		1.29	%				2.68	%		1.48	%		1.49	%
Securitized Receivables (all in U.S. Cards)				1,299			1,421			1,519			99.2		1,267			969			1,051			97.3
Loans Held-for-Sale				—			—			—			0.6		—			—			1			0.5

Managed Loans(3)			$	7,607		$	7,272		$	7,769		$	586.0	$	4,193		$	2,723		$	2,867		$	580.9
	Ratio			1.44	%		1.26	%		1.33	%				3.18	%		1.92	%		1.96	%

(1): The ratios of 90 days or more past due and net credit losses are calculated based on end-of-period and average loans, respectively, both net of unearned income.
(2): Total Loans and Total Average Loans exclude certain interest and fees on credit cards of approximately $2 billion and $2 billion, respectively, which are included in Consumer Loans on the Consolidated Balance Sheet.
(3): This table presents consumer credit information on a held basis and shows the impact of securitizations to reconcile to a managed basis. Only U.S. Cards from a product view and North America from a regional view are impacted. Managed basis reporting is a non-GAAP measure. Held basis reporting is the related GAAP measure. For a discussion of managed basis reporting see the Cards business on page 9.

Reclassified to conform to the current period's presentation.

ALLOWANCE FOR CREDIT LOSSES
TOTAL CITIGROUP
(In millions of dollars)

		1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Allowance for Credit Losses at Beginning of Period		$	11,269		$	10,894		$	10,418		$	10,015		$	9,782		$	9,505		$	9,144				$	11,269		$	9,782

Gross Credit (Losses)			(2,451	)		(2,452	)		(3,444	)		(2,614	)		(2,183	)		(2,354	)		(2,362	)	31	%		(8,347	)		(6,899	)	17	%
Gross Recoveries			549			674			641			691			583			558			556		(13	)%		1,864			1,697		(9	)%

	Net Credit (Losses)/Recoveries (NCL's)		(1,902	)		(1,778	)		(2,803	)		(1,923	)		(1,600	)		(1,796	)		(1,806	)	36	%		(6,483	)		(5,202	)	20	%

NCL'S			1,902			1,778			2,803			1,923			1,600			1,796			1,806		(36	)%		6,483			5,202		(20	)%
Reserve Releases(1)			(20	)		(81	)		(56	)		(242	)		(301	)		(442	)		(336	)	NM			(157	)		(1,079	)	NM
Reserve Builds(1)			—			154			409			182			150			185			322		(21	)%		563			657		17	%
Specific Reserve Releases/Utilizations			(105	)		(170	)		(720	)		(22	)		(81	)		(87	)		(15	)	98	%		(995	)		(183	)	82	%
Specific Reserve Builds			36			39			76			19			6			11			13		(83	)%		151			30		(80	)%
Build(Release/Utilization)for Purchased Distressed Loan Portfolios			—			—			13			11			22			(27	)		3		(77	)%		13			(2	)	NM

	Provision for Loan Losses		1,813			1,720			2,525			1,871			1,396			1,436			1,793		(29	)%		6,058			4,625		(24	)%
Other(2)			(286	)		(418	)		(125	)		(181	)		(73	)		(1	)		(152	)				(829	)		(226	)	73	%

Allowance for Credit Losses at End of Period		$	10,894		$	10,418		$	10,015		$	9,782		$	9,505		$	9,144		$	8,979				$	10,015		$	8,979

Corporate Allowance for Unfunded Lending Commitments(3)		$	600		$	700		$	800		$	850		$	900		$	1,050		$	1,100				$	800		$	1,100

Total Allowance for Loans, Leases and Unfunded Lending Commitments		$	11,494		$	11,118		$	10,815		$	10,632		$	10,405		$	10,194		$	10,079				$	10,815		$	10,079

Total Allowance for Loans, Leases and Unfunded Lending Commitments as a Percentage of Total Loans			2.10	%		2.00	%		1.91	%		1.82	%		1.72	%		1.60	%		1.54	%

(1)

Allowance for Credit Losses represents management's estimate of probable losses inherent in the portofolio. Attribution of the allowance is made for analytical purposes only, and the entire allowance is available to absorb probable credit losses inherent in the portfolio.

(2)

Includes all adjustments to the Allowance for Credit Losses, such as changes in the allowance from acquisitions, securitizations, foreign exchange translation, purchase accounting adjustments, etc. The significant items reported on this line for the periods presented include:

—: For the 2006 third quarter, reductions to the credit loss reserves of $140 million related to securitizations and portfolio sales.
—: For the 2006 second quarter, reductions to the credit loss reserves of $125 million related to securitizations, and the addition of $84 million related to the acquisition of the Credicard portfolio.
—: For the 2006 first quarter, reductions to the credit loss reserves of $90 million related to securitizations.
—: For the 2005 fourth quarter, reductions to the credit loss reserves of $186 million related to securitizations.
—: For the 2005 third quarter, reductions to the credit loss reserves of $137 million related to securitizations.
—: The 2005 third quarter includes the reclassification from Other Assets of $23 million of credit loss reserves related to the purchase of distressed loans.
—: For the 2005 second quarter, reductions to the credit loss reserves consisted of $132 million related to securitizations and portfolio sales, $110 million of purchase accounting adjustments related to the KorAm acquisition, and a $79 million reclassification to a non-credit related reserve.
—: For the 2005 first quarter, reductions to the credit loss reserves of $129 million related to securitizations and $90 million from the sale of CitiCapital's transportation portfolio.

(3)

Represents additional credit reserves recorded as other liabilities on the Consolidated Balance Sheet.

NM Not meaningful

ALLOWANCE FOR CREDIT LOSSES
CONSUMER LOANS(1)
(In millions of dollars)

		1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Allowance for Credit Losses at Beginning of Period		$	8,379		$	8,060		$	7,714		$	7,226		$	6,922		$	6,647		$	6,311				$	8,379		$	6,922

Gross Credit (Losses)			(2,379	)		(2,341	)		(3,380	)		(2,486	)		(2,142	)		(2,235	)		(2,318	)	31	%		(8,100	)		(6,695	)	17	%
Gross Recoveries			454			544			454			451			509			481			503		11	%		1,452			1,493		3	%

	Net Credit (Losses)/Recoveries (NCL's)		(1,925	)		(1,797	)		(2,926	)		(2,035	)		(1,633	)		(1,754	)		(1,815	)	38	%		(6,648	)		(5,202	)	22	%

NCL'S			1,925			1,797			2,926			2,035			1,633			1,754			1,815		(38	)%		6,648			5,202		(22	)%
Reserve Releases(2)			(20	)		(81	)		(56	)		(242	)		(301	)		(442	)		(336	)	NM			(157	)		(1,079	)	NM
Reserve Builds(2)			—			154			359			147			150			110			247		(31	)%		513			507		(1	)%
Specific Reserve Releases/Utilizations			(41	)		(42	)		(665	)		(5	)		(36	)		(3	)		—		100	%		(748	)		(39	)	95	%
Specific Reserve Builds			5			7			20			1			—			7			10		(50	)%		32			17		(47	)%
Build(Release/Utilization)for Purchased Distressed Loan Portfolios			—			—			—			—			—			—			—		—			—			—		—

	Provision for Loan Losses		1,869			1,835			2,584			1,936			1,446			1,426			1,736		(33	)%		6,288			4,608		(27	)%
Other(3)			(263	)		(384	)		(146	)		(205	)		(88	)		(8	)		(145	)				(793	)		(241	)	70	%

Allowance for Credit Losses at End of Period		$	8,060		$	7,714		$	7,226		$	6,922		$	6,647		$	6,311		$	6,087				$	7,226		$	6,087

Net Consumer Credit (Losses) as a Percentage of Average Consumer Loans			1.83	%		1.68	%		2.68	%		1.82	%		1.46	%		1.48	%		1.49	%
Consumer Allowance for Credit Losses As a Percentage of Total Consumer Loans			1.87	%		1.78	%		1.64	%		1.52	%		1.44	%		1.31	%		1.25	%

(1)

Includes loans made to Global Wealth Management clients.

(2)

(3)

—: For the 2006 third quarter, reductions to the credit loss reserves of $140 million related to securitizations and portfolio sales.
—: For the 2006 second quarter, reductions to the credit loss reserves of $125 million related to securitizations, and the addition of $84 million related to the acquisition of the Credicard portfolio.
—: For the 2006 first quarter, reductions to the credit loss reserves of $90 million related to securitizations.
—: For the 2005 fourth quarter, reductions to the credit loss reserves of $186 million related to securitizations.
—: For the 2005 third quarter, reductions to the credit loss reserves of $137 million related to securitizations.
—: For the 2005 second quarter, reductions to the credit loss reserves consisted of $132 million related to securitizations and portfolio sales, $110 million of purchase accounting adjustments related to the KorAm acquisition, and a $79 million reclassification to a non-credit related reserve.
—: For the 2005 first quarter, reductions to the credit loss reserves of $129 million related to securitizations and $90 million from the sale of CitiCapital's transportation portfolio.

NM Not meaningful

ALLOWANCE FOR CREDIT LOSSES
CORPORATE LOANS(1)
(In millions of dollars)

		1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
Allowance for Credit Losses at Beginning of Period		$	2,890		$	2,834		$	2,704		$	2,789		$	2,860		$	2,858		$	2,833				$	2,890		$	2,860

Gross Credit (Losses)			(72	)		(111	)		(64	)		(128	)		(41	)		(119	)		(44	)	31	%		(247	)		(204	)	17	%
Gross Recoveries			95			130			187			240			74			77			53		(72	)%		412			204		(50	)%

	Net Credit (Losses)/Recoveries (NCL's)		23			19			123			112			33			(42	)		9		(93	)%		165			—		(100	)%

NCL'S			(23	)		(19	)		(123	)		(112	)		(33	)		42			(9	)	93	%		(165	)		—		100	%
Reserve Releases(2)			—			—			—			—			—			—			—		—			—			—		—
Reserve Builds(2)			—			—			50			35			—			75			75		50	%		50			150		NM
Specific Reserve Releases/Utilizations			(64	)		(128	)		(55	)		(17	)		(45	)		(84	)		(15	)	73	%		(247	)		(144	)	42	%
Specific Reserve Builds			31			32			56			18			6			4			3		(95	)%		119			13		(89	)%
Build(Release/Utilization)for Purchased Distressed Loan Portfolios			—			—			13			11			22			(27	)		3		(77	)%		13			(2	)	NM

	Provision for Loan Losses		(56	)		(115	)		(59	)		(65	)		(50	)		10			57		NM			(230	)		17		NM
Other(3)			(23	)		(34	)		21			24			15			7			(7	)				(36	)		15		NM

Allowance for Credit Losses at End of Period		$	2,834		$	2,704		$	2,789		$	2,860		$	2,858		$	2,833		$	2,892				$	2,789		$	2,892

Net Corporate Credit (Losses) as a Percentage of Average Corporate Loans			NM			NM			NM			NM			NM			—			NM
Corporate Allowance for Credit Losses As a Percentage of Total Corporate Loans			2.43	%		2.21	%		2.22	%		2.22	%		2.00	%		1.81	%		1.73	%
Corporate Allowance for Unfunded Lending Commitments(4)		$	600		$	700		$	800		$	850		$	900		$	1,050		$	1,100				$	800		$	1,100

Total Corporate Allowance for Loans, Leases and Unfunded Lending Commitments		$	3,434		$	3,404		$	3,589		$	3,710		$	3,758		$	3,883		$	3,992				$	3,589		$	3,992

Total Allowance for Loans, Leases and Unfunded Lending Commitments as a Percentage of Total Corporate Loans			2.94	%		2.78	%		2.85	%		2.88	%		2.62	%		2.48	%		2.39	%

(1)

Includes Loans related to the Alternative Investments and Corporate/Other segments.

(2)

(3)

—: The 2005 third quarter includes the reclassification from Other Assets of $23 million of credit loss reserves related to the purchase of distressed loans.

(4)

Represents additional credit reserves recorded as other liabilities on the Consolidated Balance Sheet.

NM Not meaningful

CITIGROUP—COMPONENTS OF PROVISION FOR LOAN LOSSES
(In millions of dollars)

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006			3Q06 vs. 3Q05 Increase/ (Decrease)		Nine Months 2005			Nine Months 2006			YTD 2006 vs. YTD 2005 Increase/ (Decrease)
U.S. Cards
		Net Credit Losses	$	756		$	640		$	649		$	692		$	446		$	447		$	456		(30	)%	$	2,045		$	1,349		(34	)%
		Credit Reserve Build/(Release)		—			—			30			(200	)		(72	)		(160	)		(122	)	NM			30			(354	)	NM
U.S. Retail Distribution
		Net Credit Losses		326			346			314			418			279			288			282		(10	)%		986			849		(14	)%
		Credit Reserve Build/(Release)		(17	)		—			275			44			(55	)		(31	)		(29	)	NM			258			(115	)	NM
U.S. Consumer Lending
		Net Credit Losses		181			146			168			178			176			160			193		15	%		495			529		7	%
		Credit Reserve Build/(Release)		(1	)		1			(56	)		(8	)		(31	)		(75	)		(8	)	86	%		(56	)		(114	)	NM
U.S. Commercial Business
		Net Credit Losses		12			12			8			16			14			12			8		—			32			34		6	%
		Credit Reserve Build/(Release)		(12	)		(6	)		13			(34	)		(38	)		(8	)		(38	)	NM			(5	)		(84	)	NM
International Cards
		Net Credit Losses		160			157			168			182			218			333			347		NM			485			898		85	%
		Credit Reserve Build/(Release)		(5	)		18			24			35			94			26			59		NM			37			179		NM
International Consumer Finance
		Net Credit Losses		316			321			334			313			319			323			389		16	%		971			1,031		6	%
		Credit Reserve Build/(Release)		—			1			(10	)		—			(16	)		17			135		NM			(9	)		136		NM
International Retail Banking
		Net Credit Losses		179			181			1,288			234			184			191			141		(89	)%		1,648			516		(69	)%
		Credit Reserve Build/(Release)		(9	)		19			(649	)		51			(77	)		(105	)		(93	)	86	%		(639	)		(275	)	57	%
Global Wealth Management:
	Smith Barney
		Net Credit Losses		—			—			—			—			—			—			—		—			—			—		—
		Credit Reserve Build/(Release)		—			4			7			1			1			(1	)		(1	)	NM			11			(1	)	NM
Private Bank
		Net Credit Losses		(5	)		(5	)		(1	)		3			(4	)		—			—		100	%		(11	)		(4	)	64	%
		Credit Reserve Build/(Release)		(11	)		1			24			11			8			9			17		(29	)%		14			34		NM
Other				(1	)		(1	)		(2	)		—			—			—			—		100	%		(4	)		—		100	%

	Consumer Provision for Loan Losses			1,869			1,835			2,584			1,936			1,446			1,426			1,736		(33	)%		6,288			4,608		(27	)%

Corporate and Investment Banking:
	Capital Markets and Banking
		Net Credit Losses		(14	)		(16	)		(118	)		(117	)		(34	)		37			(11	)	91	%		(148	)		(8	)	95	%
		Credit Reserve Build/(Release)		(32	)		(100	)		63			35			(17	)		(18	)		61		(3	)%		(69	)		26		NM
	Transaction Services
		Net Credit Losses		(12	)		1			(3	)		5			1			18			2		NM			(14	)		21		NM
		Credit Reserve Build/(Release)		(1	)		1			4			12			—			(14	)		5		25	%		4			(9	)	NM
Other				3			—			(3	)		—			—			—			—		100	%		—			—		—
Alternative Investments
		Net Credit Losses		—			—			(2	)		—			—			(13	)		—		100	%		(2	)		(13	)	NM
Corporate/Other
		Net Credit Losses		—			(1	)		—			—			—			—			—		—			(1	)		—		100	%

	Corporate Provision for Loan Losses			(56	)		(115	)		(59	)		(65	)		(50	)		10			57		NM			(230	)		17		NM

Total Provision for Loan Losses			$	1,813		$	1,720		$	2,525		$	1,871		$	1,396		$	1,436		$	1,793		(29	)%	$	6,058		$	4,625		(24	)%

NM Not meaningful

Reclassified to conform to the current period's presentation.

NON-PERFORMING ASSETS
(In millions of dollars)

			1Q 2005			2Q 2005			3Q 2005			4Q 2005			1Q 2006			2Q 2006			3Q 2006
CASH-BASIS AND RENEGOTIATED LOANS
Corporate Cash-Basis Loans
Collateral Dependent (at lower of cost or collateral value)			$	8		$	8		$	6		$	6		$	—		$	—		$	15
Other				1,724			1,588			1,204			998			821			799			677

	Total Corporate Cash-Basis Loans (1)		$	1,732		$	1,596		$	1,210		$	1,004		$	821		$	799		$	692

Corporate Cash-Basis Loans
	JENA(2)		$	510		$	406		$	276		$	166		$	151		$	249		$	218
	Other International(3)			1,222			1,190			934			838			670			550			474

		Total Corporate Cash-Basis Loans (1)	$	1,732		$	1,596		$	1,210		$	1,004		$	821		$	799		$	692

Corporate Cash-Basis Loans as a % of Total Corporate Loans(1)				1.48	%		1.30	%		0.96	%		0.78	%		0.57	%		0.51	%		0.42	%
Total Consumer Cash-Basis Loans			$	5,070		$	4,699		$	3,821		$	4,020		$	3,752		$	3,857		$	4,189

Renegotiated Loans (includes Corporate and Commercial Business Loans)			$	36		$	31		$	29		$	32		$	30		$	23		$	23

OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS
Consumer			$	286		$	248		$	283		$	279		$	322		$	324		$	356
Corporate and Investment Banking				127			133			153			150			144			171			193

TOTAL OTHER REAL ESTATE OWNED(4)			$	413		$	381		$	436		$	429		$	466		$	495		$	549

OTHER REPOSSESSED ASSETS(5)			$	74		$	49		$	57		$	62		$	52		$	53		$	62

(1): Excludes purchased distressed loans that are accreting interest. The carrying value of these loans was: $1,295 million at March 31, 2005, $1,148 million at June 30, 2005, $1,064 million at September 30, 2005, $1,120 million at December 31, 2005, $1,217 million at March 31, 2006, $1,171 million at June 30, 2006 and $1,089 million at September 30, 2006.
(2): JENA includes Japan, Western Europe and North America.
(3): Other International includes Asia (excluding Japan), Mexico, Latin America, Central and Eastern Europe, the Middle East and Africa.
(4): Represents repossessed real estate, carried at lower of cost or fair value, less costs to sell.
(5): Primarily transportation equipment, carried at lower of cost or fair value, less costs to sell.