The Wang Center and Citigroup Announce New Name for Performing Arts Center

The Wang Center and Citigroup Announce New Name for Performing Arts Center

BOSTON, Nov. 30 /PRNewswire/ -- The Wang Center for the Performing Arts, a non-profit organization dedicated to presenting broad-based, popular art and entertainment and arts education programming, and Citigroup, the leading global financial services company, today announced the new name for Boston's preeminent performing arts center -- Citi Performing Arts Center. Citigroup and The Wang recently announced a 15-year partnership to support arts, education, and community initiatives in Boston.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061130/NYTH102LOGO )

Citi Performing Arts Center will operate the Wang Theatre and Shubert Theatre. The new name will be formally unveiled on Friday, December 1, and celebrated that evening at the organization's annual fundraiser, The Velvet Party, on The Wang Theatre Stage. Citi Performing Arts Center will officially kick off the holiday theater season with the "Radio City Christmas Spectacular," opening on December 7, with the world-famous Rockettes.

"Citigroup is proud to support the arts and arts education in Boston through the newly named Citi Performing Arts Center," said Maura Markus, President of Citibank North America. "We are also delighted to celebrate the holidays in Boston and to show our strong commitment to this market by opening new Financial Centers and supporting the community."

"Now, with our new name and Citigroup's partnership, we can create a stronger platform for public programming, collaboration, and expanded access to the arts in Boston," commented Josiah A. Spaulding, Jr., President & Chief Executive Officer of Citi Performing Arts Center. "Working together as partners, the benefits to the Boston community will be greater than what either of us could do individually."

About Citi Performing Arts Center

Citi Performing Arts Center [formerly The Wang Center for the Performing Arts, Inc.] is a non-profit organization dedicated to presenting broad-based, popular art and entertainment, and arts education programming that is accessible to adults, youth and families of diverse backgrounds and interests throughout greater Boston. Citi Performing Arts Center operates the Wang Theatre and Shubert Theatre.

Through its ongoing partnerships with its resident companies, Boston Ballet and Boston Lyric Opera and collaboration with Bank of America Celebrity Series, as well as through public programming initiatives such as free Shakespeare on the Common presented by Commonwealth Shakespeare Company, Citi Performing Arts Center presents culturally diverse theatrical experiences to the public.

The Center's Education Department, through its Suskind Young At Arts Endowment Fund, helps to build community and neighborhood partnerships and programs including Dance Across the City, Celebrate Shakespeare Day, and City Spotlights, debuting in spring 2007. For more information visit http://www.citicenter.org/

About Citigroup

Citigroup (NYSE:C), the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at http://www.citigroup.com/.

Certain statements in this document are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors. More information about these factors is contained in Citigroup's filings with the Securities and Exchange Commission.

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Source: Citigroup

CONTACT: The Wang Center - Lynne Kortenhaus, Kortenhaus Communications,
Inc., +1-617-291-1170, lkortenhaus@kortenhaus.com, or Kerri Landry, +1-617-
821-2811, klandry@kortenhaus.com; or Citigroup - Robert Julavits, +1-212-559-
1064, julavitsr@citigroup.com, or Tami Gross, +1-212-750-5755, tami@tmgpr.com

Web site: http://www.citigroup.com/
http://www.citicenter.org/

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