First and unique in Hungary – Citibank offers its customers 16 mutual funds of J. P. Morgan Asset Management

December 14, 2011

Citibank Hungary is the first and currently the only financial institution in Hungary offering J.P. Morgan Asset Management's 16 mutual funds to its customers. With this new strategic partnership, Citibank expands the portfolio diversification opportunities it provides to its customers, with 183 different mutual funds from 13 fund houses and asset management partners on offer.

The Citibank Hungary and J.P. Morgan Asset Management Team at the launch Citigold event on Nov 24

Batara Sianturi, Citi Country Officer for Hungary said, "We already launched a great number of new innovative solutions to our customers in 2011 - marking our 25th anniversary of serving our clients and the community in Hungary - across digital banking, credit cards and investment products and services. Citibank is the first and only institution currently that distributes the mutual funds of J.P. Morgan Asset Management in Hungary, and with this new strategic partnership we are further enhancing the tailor-made, unique portfolio diversification opportunities for our customers."

Jon Wiggins, Citi's Consumer Business Manager for Hungary also remarked, "The new innovative CitiPlanner technology-based analysis tool that we have introduced earlier this year made portfolio creation and management easier and more convenient for clients. The new mutual fund offering from commodity, equity, fixed income and balanced asset categories compliment our offering, and will be a great addition to our existing domestic and international investment products."

J.P. Morgan Asset Management is one of the world's larger asset managers with USD1,300 billion in assets under management. 723 investment professionals work in 22 investment centers in Europe, Asia and in the US to provide first-class solutions to their clients covering all regions and asset classes. The asset manager is backed by J.P. Morgan Chase & Co., which is among the most solid institutions in the world rated AA by S&P.

The EUR and USD denominated mutual funds available now at Citibank are:

Commodity fund:

JPMorgan Funds – Global Mining Fund (EUR) – aiming to provide long-term capital growth by investing primarily in companies engaged in mining and mining-related activities, anywhere in the world.

Equity funds:

JPMorgan Funds – Brazil Equity Fund (USD) – aiming to provide long term capital growth by investing primarily in a concentrated portfolio of Brazilian companies.

JPMorgan Funds – Global Consumer Trends Fund (EUR, USD) – aiming to provide long-term capital growth by investing primarily in companies benefiting from consumer driven opportunities, globally.

JPMorgan Funds – Global Healthcare Fund (USD) – aiming to achieve a return by investing primarily in pharmaceutical, biotechnology, healthcare services, medical technology and life sciences companies ("Healthcare Companies"), globally.

JPMorgan Funds – Global Infrastructure Trends Fund (EUR, USD) – aiming to provide long-term capital growth by investing primarily in companies benefiting from infrastructure opportunities, globally.

JPMorgan Funds – Highbridge Europe STEEP Fund (USD) – aiming to provide long term capital growth by having exposure primarily to European companies, through the use of financial derivative instruments.

JPMorgan Funds – Highbridge US STEEP Fund (USD) – aiming to provide long term capital growth by having exposure primarily to US companies, through the use of financial derivative instruments.

JPMorgan Funds – US Technology Fund (USD) – aiming to provide long-term capital growth by investing primarily in technology, media and telecommunications related US companies.

JPMorgan Investment Funds – Global Financials Fund (USD) – aiming to achieve a high return by investing primarily in companies from the financial, banking, insurance and property sectors ('Financial Companies'), globally.

JPMorgan Investment Funds – Japan Behavioural Finance Equity Fund (EUR) – aiming to provide long-term capital growth by investing primarily in Japanese companies.

Balanced asset funds:

JPMorgan Investment Funds – Global Capital Preservation Fund (EUR, USD) – aiming to achieve, over a medium-term horizon (2 to 3 years), a return in excess of its cash benchmark from a portfolio of securities, globally, using derivative strategies where appropriate.

Fixed income funds:

JPMorgan Investment Funds – Income Opportunity Fund (EUR, USD) – aiming to achieve a return in excess of the benchmark by exploiting investment opportunities in, amongst others, the fixed income and currency markets, using derivative strategies where appropriate.

The mutual funds are available through Citibank branches and after conclusion of the Master Agreement on Investment Services through CitiPhone Banking telephone customer service. The minimum investment amount required is EUR 1,000 or USD 1,000 and Citibank applies a transparent fee structure.

Important information

Investment products are not insured by any government agency, not a deposit or obligation of, or guaranteed by Citigroup Inc/ Citibank N.A. or their affiliates (unless specifically stated) and subject to investment risks, including the possible loss of principal invested. The investment offers are only available for investors who are not citizens or permanent residents of the United States and who pay tax outside the United States. Detailed information about the investments are available in our branches. This document is intended for information purposes only and does not constitute an offer or personal recommendation with regard to the purchase of a security, product or service. The investor, before acting on the information, should consider its appropriateness, having regard to his/her objectives, financial situation and needs. Any decision to purchase securities should be made based on a review of the investor's particular circumstances. The forward-looking statements are based on estimates, from which it is not possible to draw reliable conclusions with respect to actual future results and yields. Citibank Europe plc Hungarian Branch 1051 Budapest, Szabadság tér 7., Company reg. no.: 01-17-000560 (Metropolitan Court of Budapest as Company Court) Central Bank of Ireland, 1 May 2001.