Citibank student loan corporation

ROCHESTER, N.Y. -- Citibank, through its subsidiary, The Student Loan Corporation, a leading originator of student loans, today announced a new Internet-based financial aid center in conjunction with Yahoo!. The new center will provide students and their families with a single, comprehensive destination for information on how to finance undergraduate and graduate education costs.

The new online Financial Aid Center, available on Yahoo! Education (http://education.yahoo.com) is designed to help students and their parents explore options available in financing a college education. The Center will cover everything from student loan basics to the types of student loans available. A variety of tools, including college planning guides, checklists and calculators, will help students and parents prepare to meet the cost of an education. In addition to being the exclusive provider of content for the site, The Student Loan Corporation will also provide links to its online student loan application center at studentloan.com.

"We are proud to be the exclusive content provider for the new Yahoo! Education Financial Aid Center," said Mike Reardon, CEO and President of The Student Loan Corporation. "Innovation has always been a hallmark of our company and we understand the business like no other company. This new opportunity allows us to educate our customers while showcasing our unique range of products and services."

A member of Citigroup, the world's premier financial organization, The Student Loan Corporation is one of the country's leading originators of student loans. Last year, The Student Loan Corporation's combined Federal Family Education Loan Program (FFELP) and private loan originations totaled $7.6 billion. Today, The Student Loan Corporation serves approximately 1.7 million customers and over 3,000 schools nationwide.

Recently, Citigroup and the Citigroup Foundation announced a 10-year, $200 million global financial education commitment, the formation of a new Office of Financial Education and a global initiative designed to encourage its 300,000 employees around the world to devote time to support financial education and other charitable causes.

About Citibank

Citibank, N.A. is a member of Citigroup (NYSE: C), the preeminent global financial services company with some 200 million customer accounts in more than 100 countries. Citigroup provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at: www.citigroup.com.

The Student Loan Corporation (NYSE: STU) is one of the nation's leading originators and holders of insured student loans providing a full range of education financing products and services to meet the needs of students, parents, schools, and lenders. The company was previously a division of Citibank and became a NYSE-listed corporation in 1992. Citibank, N.A. is the majority shareholder. Citibank was one of the first banks to finance higher education, beginning in 1958. Today, The Student Loan Corporation serves approximately 1.7 million customers and over 3,000 schools nationwide. Educational Loan Center, Inc. is a subsidiary of The Student Loan Corporation.

For information or inquiries regarding student loan accounts, please call 1-800-967-2400. Customers with Telecommunication Devices for the Deaf (TDD) may call 1-800-846-1298. College planning and financing information is also available at studentloan.com.