-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O3lNFoF/PaOD7f595kBCqlJ+rgkULMG+rqONuaqFAIli7GtkFAlN0ZNT1dm8dwoX 4eLmbuda48iEX3X0ZAfevg== 0000839947-07-000147.txt : 20071015 0000839947-07-000147.hdr.sgml : 20071015 20071015144611 ACCESSION NUMBER: 0000839947-07-000147 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070925 ITEM INFORMATION: Other Events FILED AS OF DATE: 20071015 DATE AS OF CHANGE: 20071015 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIBANK SOUTH DAKOTA N A CENTRAL INDEX KEY: 0000839947 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 460358360 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17797 FILM NUMBER: 071171753 BUSINESS ADDRESS: STREET 1: 425 PARK AVE. STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10043 BUSINESS PHONE: 6053312626 MAIL ADDRESS: STREET 1: CITIBANK N A LEGAL AFFAIRS OFFICE STREET 2: 425 PARK AVENUE 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10043 8-K 1 form8kcover20070925.htm CITIBANK MASTER TRUST MONTHLY 8-K SEP'07 Form 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K
CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):         October 15, 2007


CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION
ON BEHALF OF
CITIBANK CREDIT CARD MASTER TRUST I
(Issuer in respect of the Citibank Credit Card Master Trust I
Floating Rate Class A Credit Card Participation Certificates, Series 1997-4
Floating Rate Class B Credit Card Participation Certificates, Series 1997-4
6.05% Class A Credit Card Participation Certificates, Series 1998-2
6.20% Class B Credit Card Participation Certificates, Series 1998-2
5.875% Class A Credit Card Participation Certificates, Series 1999-2
6.15% Class B Credit Card Participation Certificates, Series 1999-2
 
(collectively, the "Certificates")
 
 
(Exact name of registrant as specified in its charter)
 
UNITED STATES OF AMERICA
(State or other jurisdiction of incorporation)
 
33-41055, 33-43576, 33-62180, 33-77802, 33-84834, 33-97664,
33-99328 and 333-38803
(Commission File Number)
 
46-0358360
(I.R.S. Employer Identification No.)
 
701 EAST 60TH ST., NORTH
SIOUX FALLS, SOUTH DAKOTA 57117
(Address of principal executive offices) (Zip Code)
 
Registrant's telephone number, including area code (605) 331-2626
 
NOT APPLICABLE
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

1

Item 8.01 Other Events

     Filed as Exhibit 99.1 to this Form 8-K is a copy of the monthly report and servicer's certificate for each Series referenced on the cover page of this Form 8-K (each, a "Monthly Report") for the Due Period ending September 25, 2007 and the related Distribution Date delivered pursuant to Section 5.02 of the applicable Series Supplement to the Pooling and Servicing Agreement (together, the "Agreement") relating to Citibank Credit Card Master Trust I, between Citibank (South Dakota), National Association, as Seller, Servicer, and successor by merger to Citibank (Nevada), National Association, as Seller, and Deutsche Bank Trust Company Americas (formerly Bankers Trust Company), as trustee. Each Monthly Report contains information relating to the distribution, if any, to Certificateholders of the related Series on the referenced Distribution Date as well as information relating to the Receivables and the Accounts from which the Receivables have arisen. Capitalized terms used but not defined herein have the meanings set forth in the Agreement.


2

Item 9.01 Financial Statements and Exhibits

Exhibits Description
99.1 Monthly Reports for the Due Period ending September 25, 2007 and the related Distribution Dates for the Certificates

SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CITIBANK (SOUTH DAKOTA),
NATIONAL ASSOCIATION,
as Servicer
(Registrant)

  By: /s/ Douglas C. Morrison

Douglas C. Morrison
Vice President
Date: October 15, 2007

3

 EX-99 2 mt092507.txt CITIBANK 8-K ADD'L EXHIBITS SEP'07 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 25, 2007 ============================================================================== This Certificate relates to the Due Period ending September 25, 2007 and the related Distribution Date.
A. Information Regarding the portfolio ------------------------------------ 1. Portfolio Yield For Group 1 ............................ 13.74% Portfolio Yield For Group 2 ............................ 13.84% Yield Component For Group 1 ........................ 17.60% Yield Component For Group 2 ........................ 17.70% Credit Loss Component ............................. 3.86% 2. New Purchase Rate ..................................... 20.48% 3. Total Payment Rate .................................... 20.47% 4. Principal Payment Rate ................................ 19.55% 5. Aggregate Amount of Principal Receivables in the Trust : Beginning of Due Period ............................ $ 74,519,344,049 Average ............................................ $ 74,060,067,029 Lump Sum Addition/(Removal) ......................... $ 0 End of Due Period .................................. $ 74,183,177,066
6. Delinquencies (Aggregate outstanding balances in the Accounts that were delinquent by the time periods listed below as of the close of business of the month preceding the Distribution Date, as a percentage of aggregate Receivables as of the last day of the Due Period) : Current .......................................... $ 71,497,817,328 5-34 days delinquent ........................... $ 2,417,351,026 35-64 days delinquent ........................... $ 812,159,562 65-94 days delinquent ........................... $ 574,560,703 95-124 days delinquent ........................... $ 446,550,984 125-154 days delinquent ........................... $ 359,161,370 155-184 days delinquent ........................... $ 317,897,341 Current ........................................... 93.56% 5-34 days delinquent ........................... 3.16% 35-64 days delinquent ........................... 1.06% 65-94 days delinquent ........................... 0.75% 95-124 days delinquent ........................... 0.58% 125-154 days delinquent ........................... 0.47% 155-184 days delinquent ........................... 0.42%
Page 4 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD MASTER TRUST I - GROUP 1 For the Due Period Ending September 25, 2007 ==============================================================================
Current Due Current Due Period on an Period on a Actual Basis (1) Standard Basis (1) B. Information Regarding Group 1 ----------------------------- (Percentage Basis) 1. Portfolio Yield 13.74% 13.74% 2. Weighted Average Certificate Rate 6.22% 6.22% 3. Weighted Average Investor Fee Rates Fixed Servicing Fee 0.37% 0.37% Others 0.05% 0.05% 4. Surplus Finance Charge Collections 7.10% 7.10% 5. Required Surplus Finance Charge Amount 0.00% 0.00% 6. Aggregate Surplus Finance Charge Amount 7.10% 7.10% minus Required Surplus Finance Charge Amount
C. Information Regarding Group 1 ----------------------------- (Dollars Basis) 1. Total Investor Collections $ 593,294,016 $ 593,294,016 Principal Collections $ 555,240,973 $ 555,240,973 Finance Charge Collections $ 38,053,043 $ 38,053,043 2. Investor Default Amount $ 8,414,633 $ 8,414,633 3. Investor Monthly Interest $ 14,709,877 $ 14,709,877 4. Investor Monthly Fees Fixed Servicing Fees $ 875,542 $ 875,542 Others $ 127,439 $ 127,439 5. Surplus Finance Charge Collections $ 13,925,552 $ 13,925,552 6. Required Surplus Finance Charge Collections $ 0 $ 0 7. Aggregate Surplus Finance Charge Amount $ 13,925,552 $ 13,925,552 minus Required Surplus Finance Charge Amount
(1) Values for "Current Due Period on an Actual Basis" reflect, in the case of a first due period close of a series, activity from the close date until the first due period end, or, as in the case of Investor Monthly Interest and certain fees, until the first distribution date. Values for "Current Due Period on a Standard Basis" reflect activity for the entire current period, as if all series had already been outstanding prior to the first day of such period. All percents are based on actual cash revenue or expense for the period, converted to an annualized percent using day count appropriate for the item, either 30/360, actual/360, or actual/actual. Depending on the item, cash expenses may accrue from August 29, 2007 to September 25, 2007, 28 days, or September 4 , 2007 to October 1 , 2007, 28 days (standard basis). Page 5 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD MASTER TRUST I - GROUP 2 For the Due Period Ending September 25, 2007 ==============================================================================
Current Due Current Due Period on an Period on a Actual Basis (1) Standard Basis (1) B. Information Regarding Group 2 ----------------------------- (Percentage Basis) 1. Portfolio Yield 13.84% 13.80% 2. Weighted Average Interest Rate (2) 5.68% 5.67% 3. Weighted Average Investor Fee Rates Fixed Servicing Fee 0.36% 0.37% Others 0.01% 0.01% 4. Surplus Finance Charge Collections 7.79% 7.75% 5. Surplus Finance Charge Collections For Purposes of Funding Class C Reserve Account 7.75% 7.71% 6. Required Surplus Finance Charge Amount 0.00% 0.00% 7. Aggregate Surplus Finance Charge Amount 7.79% 7.75% minus Required Surplus Finance Charge Amount
C. Information Regarding Group 2 ----------------------------- (Dollars Basis) 1. Total Investor Collections $13,975,255,662 $13,972,776,329 Principal Collections $13,073,530,900 $13,073,530,900 Finance Charge Collections $ 901,724,762 $ 899,245,429 2. Investor Default Amount $ 198,128,336 $ 198,128,336 3. Targeted Deposit to Interest Funding Account (3)& (4) $ 320,088,783 $ 318,136,948 4. Investor Monthly Fees Fixed Servicing Fees $ 20,003,675 $ 20,615,244 Others $ 313,325 $ 313,325 5. Surplus Finance Charge Collections $ 363,190,643 $ 362,051,576 6. Required Surplus Finance Charge Collections $ 0 $ 0 7. Aggregate Surplus Finance Charge Amount $ 363,190,643 $ 362,051,576 minus Required Surplus Finance Charge Amount
(1) Values for "Current Due Period on an Actual Basis" reflect, in the case of a first due period close of a tranche of Notes, activity from the close date until the first due period end, or, as in the case of Targeted Deposit to Interest Funding Account and certain fees, until the first Monthly Interest Date. Values for "Current Due Period on a Standard Basis" reflect activity for the entire current period, as if all Notes had already been outstanding prior to the first day of such period. All percents are based on actual cash revenue or expense for the period, converted to an annualized percent using day count appropriate for the item, either 30/360, actual/360, or actual/actual. Depending on the item, cash expenses may accrue from August 29, 2007 to September 25, 2007, 28 days, or September 4 , 2007 to October 1 , 2007, 28 days (standard basis). (2) Defined in the definition section of the Indenture (3) Referenced in sections 501 and 503 of the Indenture (4) The amount reported in Section C above for the "Targeted Deposit to the Interest Funding Account" includes the coupon expense of $1,295,906.67 that was part of the September 20, 2007 interest payment on the Class 2007-A7 notes as a result of the issuance of additional Class 2007-A7 notes on September 12, 2007. Page 6 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== Citibank Credit Card Master Trust I, Series 1997-4 For the Due Period Ending September 25, 2007 ============================================================================== The undersigned, a duly authorized representative of Citibank (South Dakota), National Association, as Servicer ("Citibank (South Dakota)"), pursuant to the Pooling and Servicing Agreement dated as of May 29, 1991, as amended and restated as of October 5, 2001 (as amended and supplemented, the "Agreement"), as supplemented by the Series 1997-4 Supplement (as amended, the "Series Supplement"), between Citibank (South Dakota), as Seller, Servicer, and successor by merger to Citibank (Nevada), National Association, as Seller, and Deutsche Bank Trust Company Americas (formerly Bankers Trust Company), as Trustee, does hereby certify the information set forth below. Capitalized terms used in this Certificate have their respective meanings as set forth in the Agreement or Series Supplement, as applicable.
D. Information Regarding Series 1997-4 ----------------------------------- 1a. Class A Invested Amount ....................... $ 750,000,000 1b. Class B Invested Amount ....................... $ 48,000,000 2a. Class A Monthly Interest .............................. $ 4,254,000 2b. Class B Monthly Interest .............................. $ 279,356 3a. Balance in the Class A Interest Funding Account ...... $ 4,254,000 3b Balance in the Class B Interest Funding Account ...... $ 279,356 4a. Available Cash Collateral Amount ..................... $ 55,860,000 4b. Percent of Class B Invested Amount ........... 116.38% 5a. Class A Investor Charge-offs ......................... $ 0 5b. Class B Investor Charge-offs ......................... $ 0 6. Required Amount ...................................... $ 0 7. Draw on Cash Collateral Account ...................... $ 0 8a. Class A Monthly Principal for the Distribution Date (2) $ 0 8b. Class B Monthly Principal for the Distribution Date (2) $ 0 9a. Balance in the Class A Principal Funding Account (2)... $ 0 9b. Balance in the Class B Principal Funding Account (2)... $ 0
------------------------------------------------------- (2) Applicable during the Accumulation Period and any Early Amortization Period. Page 7 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== Citibank Credit Card Master Trust I, Series 1997-4 For the Due Period Ending September 25, 2007 ==============================================================================
E. Information Regarding Charge-offs and Distributions to Certificateholders(3) ------------------------------------------------------------------------- 1a. The total amount of the distribution to Class A Certificateholders On the Payment Date ................. $ 0 1b. The total amount of the distribution to Class B Certificateholders On the Payment Date ................. $ 0 2a. The amount of the distribution set forth in item 1(a) above in respect of principal on the Class A Certificates .... $ 0 2b. The amount of the distribution set forth in item 1(b) above in respect of principal on the Class B Certificates .... $ 0 3a. The amount of the distribution set forth in item 1(a) above in respect of interest on the Class A Certificates ...... $ 0 3b. The amount of the distribution set forth in item 1(b) above in respect of interest on the Class B Certificates ...... $ 0 4a. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount as of the end of the Record Date with respect to the Payment Date ............................. $ 0 4b. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount as of the end of the Record Date with respect to the Payment Date ............................. $ 0
---------------------------------------------------------- (3) The following information, as applicable, is included only on Payment Date. Page 8 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== Citibank Credit Card Master Trust I, Series 1997-4 For the Due Period Ending September 25, 2007 ============================================================================== The undersigned, a duly authorized representative of Citibank (South Dakota), National Association, as Servicer ("Citibank (South Dakota)"), pursuant to the Pooling and Servicing Agreement dated as of May 29, 1991, as amended and restated as of October 5, 2001 (as amended and supplemented, the "Agreement"), as supplemented by the Series 1997-4 Supplement (as amended, the "Series Supplement"), between Citibank (South Dakota), as Seller, Servicer, and successor by merger to Citibank (Nevada), National Association, as Seller, and Deutsche Bank Trust Company Americas (formerly Bankers Trust Company), as Trustee, does hereby certify as follows: 1. Capitalized terms used in this Certificate have their respective meanings as set forth in the Agreement or Series Supplement, as applicable. 2. Citibank (South Dakota) is, as of the date hereof, the Servicer under the Agreement. 3. The undersigned is a Servicing Officer. 4. This Certificate relates to the Distribution Date occurring on October 10, 2007 5. As of the date hereof, to the best knowledge of the undersigned, the Servicer has performed in all material respects all its obligations under the Agreement through the Due Period preceeding such Distribution Date. 6. As of date hereof, to the best knowledge of the undersigned, no Amortization Event has been deemed to have occurred on or prior to such Distribution Date. 7. As of date hereof, to the best knowledge of the undersigned, no Lien has been place on any of the Receivables other than pursuant to the Agreement. IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 15 day of October 2007 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION. Servicer, By: /s/ Andrew Lubliner __________________________________________ Name: Andrew Lubliner Title: Servicing Officer Page 9 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== Citibank Credit Card Master Trust I, Series 1998-2 For the Due Period Ending September 25, 2007 ============================================================================== The undersigned, a duly authorized representative of Citibank (South Dakota), National Association, as Servicer ("Citibank (South Dakota)"), pursuant to the Pooling and Servicing Agreement dated as of May 29, 1991, as amended and restated as of October 5, 2001 (as amended and supplemented, the "Agreement"), as supplemented by the Series 1998-2 Supplement (as amended, the "Series Supplement"), between Citibank (South Dakota), as Seller, Servicer, and successor by merger to Citibank (Nevada), National Association, as Seller, and Deutsche Bank Trust Company Americas (formerly Bankers Trust Company), as Trustee, does hereby certify the information set forth below. Capitalized terms used in this Certificate have their respective meanings as set forth in the Agreement or Series Supplement, as applicable.
D. Information Regarding Series 1998-2 ----------------------------------- 1a. Class A Invested Amount ....................... $ 500,000,000 1b. Class B Invested Amount ....................... $ 32,000,000 2a. Class A Monthly Interest .............................. $ 2,520,833 2b. Class B Monthly Interest .............................. $ 165,333 3a. Balance in the Class A Interest Funding Account ...... $ 7,562,500 3b Balance in the Class B Interest Funding Account ...... $ 496,000 4a. Available Cash Collateral Amount ..................... $ 37,240,000 4b. Percent of Class B Invested Amount ........... 116.38% 5a. Class A Investor Charge-offs ......................... $ 0 5b. Class B Investor Charge-offs ......................... $ 0 6. Required Amount ...................................... $ 0 7. Draw on Cash Collateral Account ...................... $ 0 8a. Class A Monthly Principal for the Distribution Date (2) $ 0 8b. Class B Monthly Principal for the Distribution Date (2) $ 0 9a. Balance in the Class A Principal Funding Account (2)... $ 0 9b. Balance in the Class B Principal Funding Account (2)... $ 0
------------------------------------------------------- (2) Applicable during the Accumulation Period and any Early Amortization Period. Page 10 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== Citibank Credit Card Master Trust I, Series 1998-2 For the Due Period Ending September 25, 2007 ==============================================================================
E. Information Regarding Charge-offs and Distributions to Certificateholders(3) ------------------------------------------------------------------------- 1a. The total amount of the distribution to Class A Certificateholders On the Payment Date ................. $ 0 1b. The total amount of the distribution to Class B Certificateholders On the Payment Date ................. $ 0 2a. The amount of the distribution set forth in item 1(a) above in respect of principal on the Class A Certificates .... $ 0 2b. The amount of the distribution set forth in item 1(b) above in respect of principal on the Class B Certificates .... $ 0 3a. The amount of the distribution set forth in item 1(a) above in respect of interest on the Class A Certificates ...... $ 0 3b. The amount of the distribution set forth in item 1(b) above in respect of interest on the Class B Certificates ...... $ 0 4a. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount as of the end of the Record Date with respect to the Payment Date ............................. $ 0 4b. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount as of the end of the Record Date with respect to the Payment Date ............................. $ 0
---------------------------------------------------------- (3) The following information, as applicable, is included only on Payment Date. Page 11 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== Citibank Credit Card Master Trust I, Series 1998-2 For the Due Period Ending September 25, 2007 ============================================================================== The undersigned, a duly authorized representative of Citibank (South Dakota), National Association, as Servicer ("Citibank (South Dakota)"), pursuant to the Pooling and Servicing Agreement dated as of May 29, 1991, as amended and restated as of October 5, 2001 (as amended and supplemented, the "Agreement"), as supplemented by the Series 1998-2 Supplement (as amended, the "Series Supplement"), between Citibank (South Dakota), as Seller, Servicer, and successor by merger to Citibank (Nevada), National Association, as Seller, and Deutsche Bank Trust Company Americas (formerly Bankers Trust Company), as Trustee, does hereby certify as follows: 1. Capitalized terms used in this Certificate have their respective meanings as set forth in the Agreement or Series Supplement, as applicable. 2. Citibank (South Dakota) is, as of the date hereof, the Servicer under the Agreement. 3. The undersigned is a Servicing Officer. 4. This Certificate relates to the Distribution Date occurring on October 15, 2007 5. As of the date hereof, to the best knowledge of the undersigned, the Servicer has performed in all material respects all its obligations under the Agreement through the Due Period preceeding such Distribution Date. 6. As of date hereof, to the best knowledge of the undersigned, no Amortization Event has been deemed to have occurred on or prior to such Distribution Date. 7. As of date hereof, to the best knowledge of the undersigned, no Lien has been place on any of the Receivables other than pursuant to the Agreement. IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 15 day of October 2007 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION. Servicer, By: /s/ Andrew Lubliner __________________________________________ Name: Andrew Lubliner Title: Servicing Officer Page 12 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== Citibank Credit Card Master Trust I, Series 1999-2 For the Due Period Ending September 25, 2007 ============================================================================== The undersigned, a duly authorized representative of Citibank (South Dakota), National Association, as Servicer ("Citibank (South Dakota)"), pursuant to the Pooling and Servicing Agreement dated as of May 29, 1991, as amended and restated as of October 5, 2001 (as amended and supplemented, the "Agreement"), as supplemented by the Series 1999-2 Supplement (as amended, the "Series Supplement"), between Citibank (South Dakota), as Seller, Servicer, and successor by merger to Citibank (Nevada), National Association, as Seller, and Deutsche Bank Trust Company Americas (formerly Bankers Trust Company), as Trustee, does hereby certify the information set forth below. Capitalized terms used in this Certificate have their respective meanings as set forth in the Agreement or Series Supplement, as applicable.
D. Information Regarding Series 1999-2 ----------------------------------- 1a. Class A Invested Amount ....................... $ 750,000,000 1b. Class B Invested Amount ....................... $ 48,000,000 2a. Class A Monthly Interest .............................. $ 3,671,875 2b. Class B Monthly Interest .............................. $ 246,000 3a. Balance in the Class A Interest Funding Account ...... $ 3,671,875 3b Balance in the Class B Interest Funding Account ...... $ 246,000 4a. Available Cash Collateral Amount ..................... $ 47,880,000 4b. Percent of Class B Invested Amount ........... 99.75% 5a. Class A Investor Charge-offs ......................... $ 0 5b. Class B Investor Charge-offs ......................... $ 0 6. Required Amount ...................................... $ 0 7. Draw on Cash Collateral Account ...................... $ 0 8a. Class A Monthly Principal for the Distribution Date (2) $ 0 8b. Class B Monthly Principal for the Distribution Date (2) $ 0 9a. Balance in the Class A Principal Funding Account (2)... $ 0 9b. Balance in the Class B Principal Funding Account (2)... $ 0
------------------------------------------------------- (2) Applicable during the Accumulation Period and any Early Amortization Period. Page 13 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== Citibank Credit Card Master Trust I, Series 1999-2 For the Due Period Ending September 25, 2007 ==============================================================================
E. Information Regarding Charge-offs and Distributions to Certificateholders(3) ------------------------------------------------------------------------- 1a. The total amount of the distribution to Class A Certificateholders On the Payment Date ................. $ 0 1b. The total amount of the distribution to Class B Certificateholders On the Payment Date ................. $ 0 2a. The amount of the distribution set forth in item 1(a) above in respect of principal on the Class A Certificates .... $ 0 2b. The amount of the distribution set forth in item 1(b) above in respect of principal on the Class B Certificates .... $ 0 3a. The amount of the distribution set forth in item 1(a) above in respect of interest on the Class A Certificates ...... $ 0 3b. The amount of the distribution set forth in item 1(b) above in respect of interest on the Class B Certificates ...... $ 0 4a. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount as of the end of the Record Date with respect to the Payment Date ............................. $ 0 4b. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount as of the end of the Record Date with respect to the Payment Date ............................. $ 0
---------------------------------------------------------- (3) The following information, as applicable, is included only on Payment Date. Page 14 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== Citibank Credit Card Master Trust I, Series 1999-2 For the Due Period Ending September 25, 2007 ============================================================================== The undersigned, a duly authorized representative of Citibank (South Dakota), National Association, as Servicer ("Citibank (South Dakota)"), pursuant to the Pooling and Servicing Agreement dated as of May 29, 1991, as amended and restated as of October 5, 2001 (as amended and supplemented, the "Agreement"), as supplemented by the Series 1999-2 Supplement (as amended, the "Series Supplement"), between Citibank (South Dakota), as Seller, Servicer, and successor by merger to Citibank (Nevada), National Association, as Seller, and Deutsche Bank Trust Company Americas (formerly Bankers Trust Company), as Trustee, does hereby certify as follows: 1. Capitalized terms used in this Certificate have their respective meanings as set forth in the Agreement or Series Supplement, as applicable. 2. Citibank (South Dakota) is, as of the date hereof, the Servicer under the Agreement. 3. The undersigned is a Servicing Officer. 4. This Certificate relates to the Distribution Date occurring on October 10, 2007 5. As of the date hereof, to the best knowledge of the undersigned, the Servicer has performed in all material respects all its obligations under the Agreement through the Due Period preceeding such Distribution Date. 6. As of date hereof, to the best knowledge of the undersigned, no Amortization Event has been deemed to have occurred on or prior to such Distribution Date. 7. As of date hereof, to the best knowledge of the undersigned, no Lien has been place on any of the Receivables other than pursuant to the Agreement. IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 15 day of October 2007 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION. Servicer, By: /s/ Andrew Lubliner __________________________________________ Name: Andrew Lubliner Title: Servicing Officer Page 15 -----END PRIVACY-ENHANCED MESSAGE-----