CITIBANK AUSTRALIA RE-JOINS THE AUSTRALIAN BANKERS’ ASSOCIATION Sydney, September 9, 2002: The Australian Bankers’ Association (ABA) has welcomed the return of Citibank Australia, a member of the world’s largest financial services firm, Citigroup to its membership. Citibank’s membership renewal follows an absence of almost three years and is in line with its strategy to increase its presence in the Australian marketplace. Citibank Consumer Bank Managing Director, Les Matheson, said the decision to rejoin the ABA followed a considered review of the organisation’s management and performance. “It is important the banking industry has a strong industry body which works in the interests of its members and the community,” Mr Matheson said. “The ABA’s mission of improving the economic wellbeing of Australians by fostering a banking system recognised as one of the safest, dynamic and most efficient in the world, sits well with Citibank Australia’s goals,” Mr Matheson said. Chairman of the ABA, David Murray, said: “The ABA is looking forward to the contribution of a bank with a global orientation and its perspective on the many issues in regulatory affairs that effects the Australian financial services sector. “At a time when there is global uncertainty on financial markets, the Australian banking sector is safe, secure, well managed and tightly regulated.”   David Bell, Chief Executive of the ABA, said: “The addition of Citibank Australia will broaden the scope of the ABA membership and I am looking forward to their participation.” The ABA’s membership will now stand at 23 banks which range from traditional retail, trading bank-style organisations to regional banks, foreign and wholesale banks. For further information contact: Heather Wellard ABA PR Phone: 02 8298 0411 Mobile: 0409 830 439 Maggie Grady Head of Public Relations Citibank Phone 02 8225 1635 Mobile: 0411 407 624 Jodie Krenske Manager Public Relations Citibank Phone: 02 8225 1636 Mobile: 0421 610 051   Notes for editors on bank background Citibank in Australia Citibank in Australia is part of Citigroup, the pre-eminent global financial services company.  Citibank today ranks as the largest international bank in Australia with more than 1,700 employees and US$16bn in assets.  Citibank delivers a wide range of consumer and corporate banking services to more than 1.3 million consumers and over 900 corporate and investment bank customers.  Additional information may be found at: www.citibank.com.au Citigroup Citigroup (NYSE: C), the preeminent global financial services company with some 200 million customer accounts in more than 100 countries, provides 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, Salomon Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at: www.citigroup.com. ABA members Adelaide Bank Limited AMP Banking Limited Arab Bank Australia Limited Australia & New Zealand Banking Group Limited Bank of Cyprus Australia Bank Of Queensland Limited Bank of Western Australia Limited BNP Paribas Bendigo Bank Limited Commonwealth Bank of Australia Citibank Australia Credit Suisse First Boston HSBC Bank (Australia) Limited Mizuho Corporate Bank Limited - Sydney Laiki Bank (Australia) Limited Macquarie Bank Limited National Australia Bank Limited NM Rothschild and Sons (Aust) Limited Primary Industry Bank of Australia St George Bank Limited Suncorp-Metway Limited United Overseas Bank Limited Westpac Banking Corporation ENDS