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Published on 11/24/2004 in the Prospect News Convertibles Daily.

New Issue: Citigroup prices $10 million 4% Elks exchangeable for Liberty Media

New York, Nov. 24 - Citigroup Global Markets Holdings Inc. priced $10 million one-year 4% Elks (Equity Linked Securities) exchangeable for Liberty Media Corp. common stock, according to a 424B2 document filed Monday with the Securities and Exchange Commission.

Issuer:Citigroup Global Markets Holdings Inc.
Issue:Elks (Equity Linked Securities) medium-term notes
Underlying stock:Liberty Media Corp. series A
Amount:$10 million
Maturity:Nov. 25, 2005
Interest:4%
Price:Par of $10.45
Payout at maturity:1 share of Liberty Media stock, capped at $12.34 or 118.14% of initial price, in cash or stock at Citigroup's option
Pricing date:Nov. 17
Settlement date:Nov. 24
Underwriter:Citigroup

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