New Issue: Citigroup prices $15.39 million 5.35% Elks exchangeable for Southwest Airlines

New York, March 28 - Citigroup Global Markets Holdings Inc. priced $15.39 million of one-year 5.35% Elks mandatorily exchangeable for Southwest Airlines Co. common stock, according to a 424B2 document filed Monday with the Securities and Exchange Commission.

Issuer:	Citigroup Global Markets Holdings Inc.
Issue:	Elks mandatorily exchangeable medium-term notes
Underlying stock:	Southwest Airlines Co.
Amount:	$15.385 million
Maturity:	March 29, 2006
Interest:	5.35%, payable monthly
Price:	Par of $14.4598
Payout at maturity:	Par in cash if Southwest stock finishes at or below $14.4598 but never drops by 15% or more during the term of the notes; 1 share of Southwest stock per $14.4598 if Southwest stock finishes at or below $14.4598 but drops by 15% or more during the term of the notes; otherwise 1 share of Southwest stock, capped at $16.6288 per $14.4598
Pricing date:	March 18
Settlement date:	March 28
Underwriter:	Citigroup

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