New Issue: Citigroup prices $93 million 8% Targets linked to Time Warner

New York, Dec. 18 - Targets Trust XIX priced $93 million 8% Targeted Growth Enhanced Terms Securities (Targets) linked to Time Warner Inc. common stock, according to a filing with the Securities and Exchange Commission.

The securities are intended to provide a higher dividend yield than the common stock of Time Warner and offer participation in the first 5% of any gains in the stock per month or 10% in any losses.

The securities are guaranteed by Citigroup Global Markets Holdings Inc. and were underwritten by Citigroup.

Issuer:	Targets Trust XIX
Guarantor:	Citigroup Global Markets Holdings Inc.
Issue:	Targeted Growth Enhanced Terms Securities (Targets) preferred securities
Reference stock:	Time Warner Inc.
Amount:	$93 million
Maturity:	Nov. 15, 2006
Dividend:	8%, payable quarterly beginning Feb. 15, 2004 (long first dividend)
Price:	Par of $10
Payout at maturity:	Par multiplied by monthly returns, with monthly returns capped at 5% gain and 10% loss
Call:	Non-callable
Pricing date:	Dec. 16
Settlement date:	Dec. 19
Underwriter:	Citigroup
Distribution:	Registered

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