New Issue: Citigroup prices $10.763 million 7.02% Elks exchangeable for Southwest Airlines

By Caroline Salls

Pittsburgh, March 30 - Citigroup Global Markets Holdings Inc. priced $10.763 million of one-year 7.02% Elks mandatorily exchangeable for Southwest Airlines Co. common stock, according to a 424B2 document filed 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:	$10.763 million
Maturity:	April 3, 2006
Interest:	7.02%, payable monthly
Price:	Par of $14.45
Payout at maturity:	Par in cash if Southwest stock finishes at or below $14.45 but never drops by 15% or more during the term of the notes; 1 share of Southwest stock per $14.45 if Southwest stock finishes at or below $14.45 buy drops by 15% or more during the term of the notes; otherwise 1 share of Southwest stock, capped at $15.895 per $14.45, 110% of initial price
Pricing date:	March 23
Settlement date:	March 30
Underwriter:	Citigroup

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