Tsunami: Citigroup Donation
Tuesday, January 18th, 2005NEW YORK–(BUSINESS WIRE)–Jan. 18, 2005–Citigroup (NYSE: C) and its employees have contributed $7.4 million to provide relief and reconstruction in the aftermath of the South Asia tsunami disaster, the global financial services company announced today. Citigroup expects the total will grow as the Foundation continues to match employee contributions to tsunami relief efforts.As of January 18, more than 15,000 of Citigroup’s employees around the world had donated more than $2.2 million in support of the relief efforts. The Citigroup Foundation is matching these donations with a corresponding contribution of more than $2.2 million to the Red Cross and will continue to match employee donations to the relief effort. Combined with the Foundation’s USD$3 million commitment to the relief effort, that brings Citigroup’s total tsunami relief cash contribution to more than $7.4 million to date.

