Citigroup (NYSE: C) Corporate and Investment Banking announced today that it has reached an agreement to provide Transfer Agency, Fund Administration and related services to AGF Management Limited and other fund managers in the Canadian market.

Through the new 10-year relationship, AGF will strengthen its global operational capabilities in support of its development as a leading global fund manager, and Citigroup will gain an immediate leadership position in the Securities Services industry in Canada while building on its existing global expertise in Transfer Agency and Fund Accounting services. In addition to the partnership with AGF, Citigroup will gain relationships with other fund managers in Canada through the transfer of shares in Unisen (a wholly-owned subsidiary of AGF) to Citigroup.

"We are excited about combining the expertise of the Unisen team with our industry leading operations and technology capabilities, to create a world class Securities Servicing platform in Canada," said Frank Bisignano, Chief Executive Officer, Citigroup(R) Global Transaction Services, a unit of Citigroup Corporate and Investment Banking. "The long-term agreement with AGF further demonstrates our commitment to serving the needs of the investment management industry on a global basis."

"We looked at numerous partners, and determined that Citigroup was the right choice for AGF," said Blake Goldring, President and Chief Executive Officer, AGF. "By partnering with such a large global provider like Citigroup, we can drive further economies of scale and give our clients access to the best in professional client services and administrative processing."

Approximately 950 Unisen employees will transfer to Citigroup and remain based in Mississauga, Ontario. The deal will close before the end of the year.

"This agreement gives us the opportunity to leverage Unisen's capabilities and existing client base to provide a full range of innovative Securities Services solutions to the Canadian marketplace," said Neeraj Sahai, Global Head of Securities Services for Citigroup Global Transaction Services.

Sahai said clients who partner with Citigroup on their fund administration offerings realize meaningful benefits, including lower operating costs, enhanced service levels and are able to access a global platform for growth.

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, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, and Banamex. Additional information may be found at www.citigroup.com.

About Citigroup Corporate and Investment Banking

Our Corporate and Investment Banking group achieves the extraordinary for our clients around the world. No financial institution is more committed to understanding and advancing the goals of its clients - our diverse and talented staff in some 100 countries advises companies, governments, and institutional investors on the best way to realize their strategic objectives. We create solutions for and provide the broadest possible capital and market access to thousands of issuer and investor clients, and no institution better executes the increasingly complex payment and cash management solutions required in today's global economy. Additional information can be found at: www.citigroupgcib.com

About Citigroup(R) Global Transaction Services

Citigroup(R) Global Transaction Services, a unit of Citigroup Corporate and Investment Banking, is a leading provider of integrated cash management, trade, securities and fund services for corporations, financial institutions, intermediaries and governments around the world. With over $ 139 billion in average liability balances, $8 trillion in assets under custody and the largest proprietary branch network, Citigroup's award-winning operating systems and Internet-based delivery channels enable clients to manage and monitor working capital and investments more efficiently, streamline transaction processing cycles, and re-engineer receivables and payment processes. Citigroup Global Transaction Services provides clients with access to Citigroup's full range of capabilities and solutions along with an on-the-ground presence and in-depth knowledge of more than 90 local markets. For additional information, see
www.transactionservices.citigroup.com.

About AGF

AGF is one of Canada's premier investment management companies with offices across Canada and subsidiaries around the world. With approximately $32 billion in total assets under management, AGF serves more than one million investors with offerings across the wealth continuum. AGF's products and services include a diversified family of over 50 mutual funds, AGF Harmony tailored investment program, AGF Private Investment Management and AGF Trust GICs, loans and mortgages.

美国商业新闻2005年7月11日加拿大安大略省米西索加市（MISSISSAUGA）消息—

花旗集团（Citigroup）（纽约证券交易所：C）企业和投资银行近日宣布它已经达成协议为宏富（AGF）基金管理公司及加拿大市场的其他基金管理商提供转帐代理、基金管理、以及相关服务。

通过新一轮为期十年的合作关系，宏富（AGF）将增强其全球运作能力，促进其全球领先基金管理商地位的发展；而花旗集团可以在其现有全球转帐代理与基金会计专业服务的基础上，直接获得在加拿大证券服务行业的领先地位。除与宏富的合作关系外，花旗集团还通过Unisen公司（宏富的全权子公司）向花旗集团的股权转让，与加拿大的其他几家基金管理商建立了合作关系。

花旗集团企业与投资银行下属部门—花旗集团®全球业务服务部首席执行官Frank Bisignano说，“我们非常高兴能够将Unisen这一专业团队与我们的业内领先运作与技术能力结合在一起，在加拿大创建世界级的证券服务平台。与宏富的长期协议进一步显示了我们在全球基础上为投资管理行业提供服务所作的努力。”

宏富总裁兼首席执行官Blake Goldring说，“我们考虑了很多合作伙伴，但最终确定花旗集团是宏富的正确选择。通过与花旗这样大型的全球提供商进行合作，我们可以进一步促进规模经济，使我们的客户获得最好的专业客户服务与管理事务受理。”

将有大约950名Unisen公司员工转到花旗集团，但仍在安大略省米西索加市办公。交接将在年底前完成。

花旗全球业务服务部证券服务全球主管Neeraj Sahai说，“这一协议使我们有机会利用Unisen公司的能力及现有客户群向加拿大市场提供全方位的创新证券服务解决方案。”

Sahai说，与花旗合作取得基金管理服务的客户会发现他们能够实现可观的收益，包括更低的运营成本及增强的服务水平，并获得企业增长的全球平台。

关于花旗集团（Citigroup）

花旗集团（纽约证券交易所：C）是全球领先的金融服务企业，在100余个国家拥有约2亿客户，能够面向消费者、企业、政府与机构提供种类繁多的金融产品与服务，包括消费金融与信贷业务、企业与投资银行业务、保险、证券经纪和资产管理。花旗集团商标“红伞”下的主要品牌名称包括Citibank、CitiFinancial、Primerica、SmithBarney，及Banamex。欲了解更多信息，请访问网站： www.citigroup.com 。

关于花旗集团企业与投资银行

我们的企业与投资银行部门为我们全世界的客户取得了非凡的业绩。没有哪一个金融机构比它更致力于理解与推动客户的目标—我们拥有各种才能的员工在100多个国家为企业、政府、机构投资商提供建议，帮助他们寻找实现战略目标的最佳途径。我们为上千发行商与投资商客户创建解决方案，向他们提供具有最广泛的资本与市场通道，并能够最好地执行当今全球经济必需的越来越复杂的支付与现金管理方案。欲了解更多信息，请查询 www.citigroupgcib.com 。

关于花旗集团®全球业务服务部

花旗集团® 全球业务服务部是一家为全球企业、金融机构、中介结构和政府提供综合现金管理、商业、证券与基金服务的领先服务机构。拥有超过1390亿的平均负债余额和8万亿的托管资产及最大的所有权分支网络，花旗集团一流的操作系统和基于因特网的交付渠道使得客户可以更有效地管理和监控营运资本及投资、简化业务处理循环、重新设计收付款过程。花旗集团全球业务服务部使客户可以享受花旗集团的所有功能和解决方案以及现场服务和对90多个当地市场的深入研究。欲了解更多信息，请访问：
www.transactionservices.citigroup.com 。

关于宏富（AGF）基金管理有限公司

宏富 （AGF）是加拿大最重要的投资管理公司之一，其办事处遍及整个加拿大，在全世界拥有众多分支机构。管理着约320亿美元总资产的宏富（AGF）为超过一百万投资商提供财富滚动链上的各种服务。宏富的产品与服务包括50多个各类共有基金、 AGF Harmony定制投资项目、宏富私人投资管理及AGF Trust GICs，以及贷款与抵押等。