New Issue: Citigroup prices $25 million principal-protected notes linked to currency basket

By Jennifer Chiou

New York, Feb. 6 - Citigroup Funding Inc. priced $25 million of zero-coupon principal-protected notes due Feb. 13, 2008 linked to a basket of currencies, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the dollar/Indian rupee, dollar/Korean won, dollar/Philippines peso and dollar/Singapore dollar exchange rates.

The payout at maturity will be par plus 150% of the basket return. Investors will receive at least par.

Issuer:	Citigroup Funding Inc.
Issue:	Principal-protected medium-term notes
Underlying currencies:	Dollar/Indian rupee, dollar/Korean won, dollar/Philippines peso and dollar/Singapore dollar exchange rates, equally weighted
Amount:	$25 million
Maturity:	Feb. 13, 2008
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of the return on the basket; floor of par
Pricing date:	Feb. 5
Settlement date:	Feb. 12
Underwriter:	Citigroup Global Markets Inc.
Underwriting discount:	None

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