Citigroup Inc.

As required by SEC rules, the table below shows all countries where total FFIEC cross-border outstandings exceed 0.75% of total Citigroup assets:Cross-Border Claims on Third PartiesDecember 31, 2010 December 31, 2009In billions of U.S. dollars Banks Public Private TotalTradingandshorttermclaimsInvestmentsin andfunding oflocalfranchises (1)Totalcross-borderoutstandings Commitments (2) Totalcross-borderoutstandings Commitments (2)France $11.2 $10.9 $11.2 $33.3 $25.9 $ 2.0 $35.3 $49.7 $33.0 $ 61.7India 2.3 0.6 6.9 9.8 8.2 18.5 28.3 2.6 24.9 2.0Germany 11.7 9.8 4.2 25.7 20.9 — 25.7 39.8 30.2 48.6United Kingdom 9.5 1.0 7.4 17.9 15.9 — 17.9 97.1 17.1 130.0Mexico 1.2 2.2 3.1 6.5 4.1 11.1 17.6 9.5 12.8 9.4Cayman Islands 0.2 — 17.3 17.5 16.6 — 17.5 3.2 18.0 6.6Brazil 1.5 0.9 7.1 9.5 7.1 7.4 16.9 17.5 10.3 13.9South Korea 1.3 1.6 2.5 5.4 5.2 10.4 15.8 17.6 17.4 15.2Netherlands 4.2 2.5 6.4 13.1 8.2 — 13.1 44.3 20.3 58.6Italy 1.5 9.5 1.3 12.3 11.2 0.4 12.7 18.4 21.7 18.9(1) Included in total cross-border claims on third parties.(2) Commitments (not included in total cross-border outstandings) include legally binding cross-border letters of credit and other commitments and contingencies as defined by the FFIEC. The FFIEC definition ofcommitments includes commitments to local residents to be funded with local currency local liabilities.Sovereign ExposureCiti’s total sovereign exposure is defined as loans net of hedges, unfundedlending commitments, available for sale securities, trading securities,and securities purchased under agreements to resell, in which the directobligor is a foreign government. Trading account assets consist of foreigngovernment securities and other mark-to-market gains on derivative andother trading account positions. Foreign office liabilities are not consideredin the calculation of sovereign exposure as they are included in cross-borderexposure.• Cross-border exposure nets foreign office liabilities against foreign officeclaims in the total exposure calculation. Sovereign exposure includesgross exposure, and does not consider foreign office liabilities in the totalexposure calculation.• Unfunded commitments are not considered part of the total outstandingscalculation for cross-border risk.• Sovereign exposure includes the impact of hedges, whereas cross-borderrisk does not.At December 31, 2010, Citi’s total sovereign exposure approximated$265 billion and consisted of approximately 94% investment grade countriesand approximately 6% non-investment grade countries.Venezuelan OperationsIn 2003, the Venezuelan government enacted currency restrictions that haverestricted Citigroup’s ability to obtain U.S. dollars in Venezuela at the officialforeign currency rate. In May 2010, the government enacted new laws thathave closed the parallel foreign exchange market and established a newforeign exchange market. Citigroup does not have access to U.S. dollarsin this new market. Citigroup uses the official rate to re-measure theforeign currency transactions in the financial statements of its Venezuelanoperations, which have U.S. dollar functional currencies, into U.S. dollars.At December 31, 2010, Citigroup had net monetary assets in its Venezuelanoperations denominated in bolivars of approximately $200 million.129