New Issue: Citigroup prices $7.57 million 0% PLUS linked to S&P 500 index

By Jennifer Chiou

New York, Oct. 26 - Citigroup Funding Inc. priced $7.57 million of 0% Performance Leveraged Upside Securities due Nov. 28, 2012 linked to the S&P 500 index, according to an FWP with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus triple the index return, subject to a maximum payment of $11.48 per note.

Investors will share in any losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Funding Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$7.57 million
Maturity date:	Nov. 28, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 300% of gain in index, capped at 14.8%; full exposure to losses
Initial level:	1,229.05
Pricing date:	Oct. 25
Settlement date:	Oct. 28
Underwriter:	Citigroup Global Markets Inc.
Fees:	2%
Cusip:	17317U584

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