Cogenpower Regulatory News (CGP)

2 Feb 2006 14:17

Citigroup Global Markets Limited02 February 2006 February 2nd 2006 Not for distribution, directly or indirectly, in or into the United States orany jurisdiction in which such distribution would be unlawful. CITIGROUP INC Pre-Stabilisation Notice Citigroup Global Markets Limited. (contact: Syndicate Desk: 0207 986 9000)hereby gives notice that the Stabilising Manager(s) named below may stabilisethe offer of the following securities in accordance with Commission Regulation(EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC). The securities: (See note 1) Issuer: CITIGROUP INCAggregate nominal €1,500,000,000amount:Description: Floating Rate Notes due 9th February 2016Offer price: 99.912 Stabilisation:Stabilising Manager(s): Citigroup Global Markets Limited(See Note 3)Stabilisation period February 2nd 2006 the date of this announcementexpected to start on:(See Note 4)Stabilisation period (30 days after the proposed issue date of theexpected to end no securities) (See Note 6)later than: (See Note5)Maximum size of 5% of the aggregate nominal amount statedover-allotment above.facility: (See Note 7) Notes 1 Article 8(4) of the Regulation requires disclosure of the terms of the offer (including the spread to the benchmark, if any, once it has been fixed). 2 For example, in a convertible offering, include conversion price. Delete if inapplicable. 3 Article 9(1)(d) requires disclosure of the identity of the stabilisation managers. 4 Article 9(1)(c) requires disclosure of the beginning of the stabilisation period. 5 Article 9(1)(c) requires disclosure of the end of the stabilisation period. 6 Alternatively, if shorter, the stabilisation period must end no later than 60 days after the date of the allotment. In connection with the offer of the above securities, the Stabilising Manager(s)may over-allot the securities or effect transactions with a view to supportingthe market price of the securities at a level higher than that which mightotherwise prevail. However, there is no assurance that the Stabilising Manager(s) will take any stabilisation action and any stabilisation action, if begun, may be ended at any time.(See Note 8) This announcement is for information purposes only and does not constitute aninvitation or offer to underwrite, subscribe for or otherwise acquire or disposeof any securities of the Issuer in any jurisdiction. This announcement and the offer of the securities to which it relates aredirected only at persons outside the United Kingdom and persons in the UnitedKingdom who have professional experience in matters related to investments orwho are high net worth persons within article 12(5) of the Financial Servicesand Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted onor relied on by other persons in the United Kingdom. (See Note 9) In addition, if and to the extent that this announcement is communicated in, orthe offer of the securities to which it relates is made in, any EEA Member Statethat has implemented Directive 2003/71/EC (together with any applicableimplementing measures in any Member State, the "Prospectus Directive") beforethe publication of a prospectus in relation to the securities which has beenapproved by the competent authority in that Member State in accordance with theProspectus Directive (or which has been approved by a competent authority inanother Member State and notified to the competent authority in that MemberState in accordance with the Prospectus Directive), this announcement and theoffer are only addressed to and directed at persons in that Member State who arequalified investors within the meaning of the Prospectus Directive (or who areother persons to whom the offer may lawfully be addressed) and must not be actedon or relied on by other persons in that Member State. (See Note 10) This announcement is not an offer of securities for sale into the United States.The securities have not been, and will not be, registered under the UnitedStates Securities Act of 1933 and may not be offered or sold in the UnitedStates absent registration or an exemption from registration. There will be nopublic offer of securities in the United States. Notes 7 Article 9(1)(e) requires disclosure of the existence and maximum size of any overallotment facility. The disclosure should reflect the terms of the underwriting/dealer agreement. 8 Article 9(1)(a) of the Regulation requires disclosure of the fact that stabilisation may be undertaken, that there is no assurance that it will be undertaken and that it may be stopped at any time. 9 Article 12(4)(a) and (b) and (5) of the Financial Promotion Order. In addition, in order to rely on the safe harbour under article 12(3), the communication should not be referred to in, or be directly accessible from, any other communication made to or directed at other kinds of persons in the UK by the co-ordinating stabilising manager (article 12(4)(c) and (6)(c) Financial Promotion Order) and the co-ordinating stabilising manager should have in place proper systems and procedures to prevent recipients in the UK (other than those to whom the communication might otherwise lawfully have been made by the co-ordinating stabilising manager or a member of its group) engaging in investment activity to which the announcement relates with the co-ordinating stabilising manager or a member of its group (article 12(4)(e) Financial Promotion Order). 10 Article 3(2) Prospectus Directive. END This information is provided by RNS The company news service from the London Stock Exchange