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Smith Barney Clients Drive Nationwide Planting of 100,000+ Trees; Smith Barney Partners With National Arbor Day Foundation to Fortify National Forests and ''re-Green'' Katrina-Impacted Communities

Posted on: Tuesday, 19 September 2006, 12:00 CDT

In June 2006, Smith Barney and The National Arbor Day Foundation announced a campaign to plant a tree for every Smith Barney client who switched to paperless online account statements. Smith Barney clients' overwhelming response to this campaign has driven the number of trees to be planted beyond the 100,000 mark, enabling the fortification of three national forests: The Huron-Manistee National Forest in Michigan; the Ocala National Forest in Florida; the Sequoia National Forest in California and the "re-greening" of Katrina-impacted communities.

"We greatly appreciate our clients' significant contribution to the success of this campaign," said Craig Pfeiffer, executive vice president, Smith Barney Global Private Client Group. "It was an honor to do something in their names that will have a lasting and positive effect on our environment. We look forward to continued involvement in this effort."

"Passing the 100,000-tree mark is a tremendous success in Smith Barney's efforts to reduce paper usage, while planting trees in our nation's forests and communities in need," commented John Rosenow, president of The National Arbor Day Foundation. "The company's clients fully embraced this initiative and their effort will result in hundreds of thousands of dollars in economic and environmental benefits while beautifying America's communities and treasured national forests."

Smith Barney is committed to making a positive impact on the environment through the planting and conservation of thousands of trees. Providing clients with the ability to view statements online not only reduces the production of paper, but also cuts back on gas and water consumption, greenhouse gases, carbon monoxide emissions and solid waste. By absorbing CO2, purifying the air and preventing soil erosion, the trees will help rebuild and restore areas that have been damaged by wildfire, disease or other natural causes. For more information on the "Re-Greening" promotion, go to www.smithbarney.com/trees.

The National Arbor Day Foundation is a nonprofit, environmental education organization of nearly a million members, with a mission to inspire people to plant, nurture and celebrate trees. More information on the Foundation and its programs can be found at www.arborday.org.

Smith Barney is the private wealth management unit of Citigroup. It is a leading provider of comprehensive financial planning and advisory services to high net worth investors, institutions, corporations and private businesses, governments and foundations. With more than 13,000 financial advisors in some 600 offices, Smith Barney offers a full suite of investment services, including asset allocation, private investments and lending services, hedge funds, cash and portfolio management, as well as retirement, education and estate planning. A division of Citigroup Global Markets Inc., (Member SIPC), the firm currently has more than 9 million client accounts, representing nearly $1.2 trillion in client assets. Additional information may be found at: www.smithbarney.com.

Citigroup (NYSE: C), the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at: www.citigroup.com.

The National Arbor Day Foundation, founded in 1972, is a non-profit organization established to inspire people to plant, nurture and celebrate trees. The Foundation works with communities throughout America to improve urban forests and create greener neighborhoods. Its national membership has grown to nearly one million members, with more than eight million trees distributed to its members annually. For additional information about The National Arbor Day Foundation, visit www.arborday.org. For more information about corporate partnerships with The National Arbor Day Foundation, contact Kevin Sander at 888-448-7337, ext. 209.

Source: Business Wire

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