New Issue: Citigroup prices $4.2 million PLUS due 2014 linked to S&P 500 index

By Jennifer Chiou

New York, March 1 - Citigroup Funding Inc. priced $4.2 million of 0% Performance Leveraged Upside Securities due April 1, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any increase in the index, subject to a maximum return of 11%. If the final index level is less than the initial index level, investors will be fully exposed to the decline.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Funding Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$4.2 million
Maturity:	April 1, 2013
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any increase in index, up to maximum return of 11%; full exposure to any index decline
Initial index level:	1,372.18
Pricing date:	Feb. 28
Settlement date:	March 2
Underwriter:	Citigroup Global Markets Inc.
Fees:	2%
Cusip:	17317U246

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