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Published on 6/2/2005 in the Prospect News Convertibles Daily.

New Issue: Citigroup prices $19.78 million 4.57% Elks exchangeable for Dollar General

New York, June 2 - Citigroup Global Markets Holdings Inc. priced $19.78 million of one-year 4.57% Elks mandatorily exchangeable for Dollar General Corp. common stock, according to a 424B3 document filed with the Securities and Exchange Commission.

Issuer:Citigroup Global Markets Holdings Inc.
Issue:Elks mandatorily exchangeable medium-term notes
Underlying stock:Dollar General Corp.
Amount:$19.784 million
Maturity:June 5, 2006
Interest:4.57%, payable monthly
Price:Par of $19.5499
Payout at maturity:1 share of Dollar General common stock per $19.5499 principal amount capped at $21.0549 per $19.5499 principal amount unless Dollar General stock ends at $19.5499 or lower but does not drop by more than 15% below $19.5499 during term of the notes, in which case par in cash
Pricing date:May 26
Settlement date:June 2
Underwriter:Citigroup

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