Press Releases SALOMON SMITH BARNEY TEAMS UP WITH GIVINGCAPITAL TO DELIVER THE SMITH BARNEY CHARITABLE INVESTMENT FUND

The Smith Barney Charitable Investment Fund is administered through the Salomon Smith Barney Charitable Trust, Inc., an independent 501 (c)(3) public charity. The Salomon Smith Barney Charitable Trust houses the funds managed by Smith Barney Asset Management, and reviews donors' grant recommendations to the philanthropic institutions they wish to support. GivingCapital, an independent, online donor-advised fund company, will provide the technology, infrastructure, and system processes to streamline implementation, allowing charitable funds to be delivered quickly.

"The Smith Barney Charitable Investment Fund provides a tax efficient way to support America's philanthropic organizations," said Melanie Schnoll-Begun, Charitable Planning Manager, Philanthropic Services. "Our Financial Consultants work closely with clients to deliver tools for effective estate planning, and charitable giving is one of the key ways to do that. What clients will especially like about this fund is that they're able to recommend when, where and how their money may ultimately be distributed."

The Smith Barney Charitable Investment Fund enables clients to view their individual donor-advised fund account and make philanthropic grants online so that they can monitor the growth of their contributions and decide which charities they wish to support from their desktop. To recommend a grant through the Smith Barney Charitable Investment Fund, the donor simply submits a recommendation form and the Salomon Smith Barney Charitable Trust makes the grant to that organization after confirming the authenticity of the receiving charity.

"Salomon Smith Barney recognizes the importance of charitable giving now more than ever, and has been dedicated to making the Smith Barney Charitable Investment Fund available to its clients this year," said Chris Blunt, chief executive officer of GivingCapital. "With a donor-advised fund, Salomon Smith Barney clients receive the best of both worlds: they receive tax benefits for all contributions made to the Smith Barney Charitable Investment Fund before the end of 2001, and they have the luxury of recommending their recipient charities at any time in the future."

About Salomon Smith Barney
Salomon Smith Barney is a global, full-service investment banking and securities brokerage firm. The firm's 12,700 financial consultants are located in more than 500 offices across the United States, and they service over 7.3 million client accounts, representing nearly $1 trillion in client assets. Salomon Smith Barney is a subsidiary of Citigroup.

About Salomon Smith Barney Charitable Trust, Inc.
The Salomon Smith Barney Charitable Trust, Inc. (the "Trust"), a 501(c)(3) charitable organization under the Internal Revenue Code of 1986, as amended, was established to support and increase charity. Consistent with this mission, the Trust has established a donor-advised fund, the Smith Barney Charitable Investment Fund.

About GivingCapital, Inc.
GivingCapital, Inc. (www.givingcapital.com), a privately held company, provides financial institutions with the capability to increase assets through the creation, distribution, and processing of complex wealth management products and services, including a donor-advised fund solution.

Salomon Smith Barney is a global, full-service investment banking and securities brokerage firm. The firm's 12,400 financial consultants are located in more than 500 offices across the United States, and they service over 7.4 million client accounts, representing nearly $1 trillion in client assets. Salomon Smith Barney is a subsidiary of Citigroup.

Citigroup's Global Corporate and Investment Bank brings together Citibank, the world's most global corporate bank, and Salomon Smith Barney, a leading global investment bank and securities brokerage firm. Together they provide complete financial solutions to corporations, governments, institutions and individuals in 100 countries. Award-winning businesses include corporate and investment banking services, investment advice, financial planning and commercial insurance products. Salomon Smith Barney's top ranked equity research analysts track nearly all the S&P industry groups and hundreds of mid-and small-cap stocks globally.

Salomon Smith Barney is a subsidiary of Citigroup. Citigroup (NYSE: C), the preeminent global financial services company, provides some 120 million consumers, corporations, governments and institutions in more than 100 countries with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage and asset management. Other major brand names under Citigroup's trademark red umbrella are Citibank, CitiFinancial, Primerica, and Travelers. Additional information may be found at: www.citigroup.com.

Salomon Smith Barney is a service mark of Salomon Smith Barney Inc. Member SIPC.