New Issue: Citigroup prices $15.1 million notes linked to Hang Seng China Enterprises

By Jennifer Chiou

New York, Aug. 25 - Citigroup Funding Inc. priced a $15.1 million issue of Stock Market Upturn notes due March 7, 2008 linked to the Hang Seng China Enterprises Index, according to a 424B2 filing with the Securities and Exchange Commission.

Payment at maturity will be par plus triple any gain on the index, capped at 30%. If the index declines, noteholders will participate fully in the loss.

Issuer:	Citigroup Funding Inc.
Issue:	Stock Market Upturn Notes
Underlying index:	Hang Seng China Enterprises
Amount:	$15.1 million
Maturity:	March 7, 2008
Interest:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus triple any gain on the index, capped at $13.00 per $10.00 principal amount of notes; full participation in any decline
Pricing date:	Aug. 24
Settlement date:	Aug. 29
Underwriter:	Citigroup Global Markets Inc.
Listing:	"SKN" on the American Stock Exchange

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