New Issue: Citigroup prices $35 million 0% notes linked to Russell 3000

By Jennifer Chiou

New York, March 26 - Citigroup Funding Inc. priced $35 million of 0% index-linked medium-term notes due June 29, 2009 linked to the Russell 3000 index, according to a 424B2 filing with the Securities and Exchange Commission.

At maturity, holders will receive triple any positive return on the index, capped at 119.4%. Investors will receive par if the final index level is between the initial level and 90% of the initial level. Investors will share in losses beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Funding Inc.
Issue:	Index-linked medium-term series D notes
Underlying index:	Russell 3000
Amount:	$35 million
Maturity:	June 29, 2009
Coupon:	0%
Price:	Par
Initial index level:	779.24
Payout at maturity:	Triple the return on the index, capped at 119.4%, if the final index level is greater than the initial level; par if the final index level is between the initial level and 90% of the initial level; investors will share in losses beyond 10%
Pricing date:	March 24
Settlement date:	March 27
Underwriter:	Citigroup Global Markets Inc.
Fees:	None

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