CITIGROUP INC — Capital/Financing Update 2011

Aug 23, 2011

Issuer Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement Nos. 333-172554 and 333-172554-01

●
Linked to the Common Stock of
Mosaic Company
Final Term Sheet
August 19,
2011

Issuer:	Citigroup Funding Inc.
Underlying Equity:	Mosaic Company (“MOS”)
Sole Manager:	Citigroup Global Markets Inc.
Offering:	8.75% Synthetic Buy-Write (the “Notes”).
Offering Size:	USD 13,250,019.22
Offering Price:	USD 66.58
Units Issued:	199,009
Trade Date:	August 19, 2011
Issue Date:	August 24, 2011
Valuation Date:	February 17, 2012
Maturity Date:	February 24, 2012
Payment Days:	New York
Coupon:	8.75% per annum payable quarterly (30/360 day count convention)
Coupon Payment Dates:	November 24, 2011; February 24, 2012. Any coupon payment on the Notes required to be made on a date that is not a Business Day need not be made on that date. A payment may be made on the next succeeding
Business Day with the same force and effect as if made on the specified date.
Initial Equity Value:	USD 66.58
Final Equity Value:	The closing value of the Underlying Equity on the Valuation Date
Cap Price:	USD 80.22
Equity Ratio:	1.0 share of the Underlying Equity for each buy-write of USD 66.58 principal amount with any fractional shares to be paid in
cash
Payment at Maturity:	For each note of USD 66.58:
	(a) If the Final Equity Value is greater than the Cap Price, then a cash amount equal to the Cap Price
(adjusted for applicable dilution adjustments).
	(b) If the Final Equity Value is less than the Cap Price, then the cash equivalent of a number of
shares equal to the Equity Ratio.

Citigroup Funding Inc., the issuer, and Citigroup Inc., the guarantor, have filed a registration statement (including a prospectus supplement and prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus supplement and prospectus in that registration statement (File No. 333-172554) and the other documents Citigroup Funding and Citigroup Inc. have filed with the SEC for more complete information about Citigroup Funding, Citigroup Inc. and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov . Alternatively, you can request the prospectus supplement and prospectus by calling toll-free 1-877-858-5407.

8.75% Synthetic Buy-Write Notes Linked to the Common Stock of Mosaic Company Final Term Sheet August 19, 2011

Form and Denomination:	Registered Medium Term Notes in minimum denominations and minimum increments of USD 66.58.
Cusip / ISIN:	17317U667 / US17317U6670
Calculation Agent:	Citigroup Global Markets Inc.
Listing:	None
Settlement:	DTC
Notice:	The Notes represent obligation of Citigroup Funding Inc. only and do not represent an obligation of or interest in MOS or any of its affiliates. MOS has not
authorized, sponsored or consented to the issuance of the Notes.

Citigroup Funding Inc., the issuer, and Citigroup Inc., the guarantor, have filed a registration statement (including a prospectus supplement and prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus supplement and prospectus in that registration statement (File No. 333-172554) and the other documents Citigroup Funding and Citigroup Inc. have filed with the SEC for more complete information about Citigroup Funding, Citigroup Inc. and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov . Alternatively, you can request the prospectus supplement and prospectus by calling toll-free 1-877-858-5407.