Citigroup Inc.

A one-percentage-point change in the expected rates of return would have the following effects on pension expense:One-percentage-point increaseOne-percentage-point decreaseIn millions of dollars 2010 2009 2008 2010 2009 2008Effect on pension expense for U.S. plans $(119) $(109) $(118) $119 $109 $118Effect on pension expense for non-U.S. plans (54) (44) (66) 54 44 66Plan AssetsCitigroup’s pension and postretirement plans’ asset allocations for the U.S. plans at the end of 2010 and 2009, and the target allocations for 2011 by assetcategory based on asset fair values, are as follows:Target assetallocationU.S. pension assetsat December 31,U.S. postretirement assetsat December 31,Asset category (1) 2011 2010 2009 2010 2009Equity securities (2) 0 to 34% 15% 12% 15% 12%Debt securities 30 to 67 40 40 39 39Real estate 0 to 7 5 5 5 5Private equity 0 to 15 16 16 16 16Other investments 8 to 29 24 27 25 28Total 100% 100% 100% 100%(1) Target asset allocations for the U.S. plans are set by investment strategy, not by investment product. For example, private equities with an underlying investment in real estate are classified in the real estate assetcategory, not private equity.(2) Equity securities in the U.S. pension plans include no Citigroup common stock at the end of 2010 and 2009.Third-party investment managers and advisors, as well as affiliatedadvisors, provide their services to Citigroup’s U.S. pension plans. Assets arerebalanced as the Pension Plan Investment Committee deems appropriate.Citigroup’s investment strategy, with respect to its pension assets, is tomaintain a globally diversified investment portfolio across several assetclasses that, when combined with Citigroup’s contributions to the plans, willmaintain the plans’ ability to meet all required benefit obligations.Citigroup’s pension and postretirement plans’ weighted-average assetallocations for the non-U.S. plans and the actual ranges at the end of 2010and 2009, and the weighted-average target allocations for 2011 by assetcategory based on asset fair values, are as follows:Weighted-averagetarget asset allocationActual rangeat December 31,Non-U.S. pension plansWeighted-averageat December 31,Asset category 2011 2010 2009 2010 2009Equity securities 21% 0 to 67% 0 to 64% 22% 34%Debt securities 68 0 to 100 0 to 99 68 55Real estate 1 0 to 43 0 to 29 1 1Other investments 10 0 to 100 0 to 100 9 10Total 100% 100% 100%Weighted-averagetarget asset allocationNon-U.S. postretirement plansActual range Weighted-averageat December 31,at December 31,Asset category 2011 2010 2009 2010 2009Equity securities 40% 0 to 43% 0 to 53% 43% 52%Debt securities 40 47 to 100 0 to 100 47 37Other investments 20 0 to 10 0 to 11 10 11Total 100% 100% 100%195