Press Release Citibank Singapore Ltd July 4, 2008 Citibank’s latest credit card gives shoppers the highest rebate in town all year round With the new Citi TANGS Platinum Visa Card, cardholders enjoy the highest shopping rebate of 10%, and many other exclusive privileges Citibank has launched a new credit card that promises to be one of the best shopping cards in Singapore, with the highest rebates and optimum savings for cardholders. The Citi TANGS Platinum Visa Card gives cardholders a rebate of 10% at TANGS outlets all year round and a wide range of exclusive privileges. Citi TANGS Platinum Visa cardholders instantly earn a rebate of S$1 for every S$10 dollars charged to the card at TANGS establishments. Dollars earned can be accumulated to offset future purchases at TANGS Orchard, TANGS VivoCity, TANG+Co, TANGS Studio & TANGS F&B outlets. This means that cardholders have the flexibility and choice of saving on a wide variety of merchandise, from cosmetics and fashion to bedding and home ware, instead of having to chalk up “points” to redeem selected items. In addition, there is no minimum spend, and cardholders will be able to earn rebates of up to 12% on special days! “The Citi TANGS Platinum Visa Card is Singapore’s most rewarding shopping card, 365 days a year. TANGS is one of the country’s most popular retailers, and a stalwart in the retail scene here. And increasingly, we find that many of our cardholders value rewards in the form of rebates, as it translates to real and tangible savings of their choice. Offering our customers the country’s highest shopping rebate, at one of its most-loved fashion lifestyle store, is Citibank’s way of giving back to our loyal base of customers”, shared Ms Chan Sowhan, Marketing Director and Head of Co-Brand Cards and Strategic Alliances, Credit Payment Products, Citibank Singapore Ltd. Ms Terin Yim, Vice President, Group Marketing & Communications at TANGS, says, "The Citi TANGS Platinum Visa Card was launched in response to the growing affluence of our customers, and to continue to reward the strong and loyal base of cardmembers we'd built together with Citibank. By leveraging on each other's strengths, this winning strategic alliance will certainly bring more value to our customers." 1 Save as you spend *Rebate is earned on every S$10 spent. Charges to your Citi TANGS Platinum Visa card Rebates earned Shopping at TANGS S$205 S$20 Lunch at Island Cafe S$60 S$6 Shopping at TANGS Studio during 12% Special Day S$150 S$18 Total rebates earned Next purchase at TANGS S$44 S$100 Use S$44 rebate and pay only S$52. Earn 10% rebate of S$52 (equivalent of S$5). Overseas shopping privileges The Citi TANGS Platinum Visa Card enables shoppers to save even when they shop overseas. Cardholders will receive 5% discount at TANGS in Malaysia, as well as exclusive shopping privileges at all Central and ZEN department stores in Thailand. Exclusive shopping discounts & rebates The discounts and rebates do not end at TANGS. Cardholders will also be able to enjoy 8% rebate at fashion boutiques like BCBGMAXAZRIA, Island Shop & Versace, and 5% discount off regular merchandise at French Connection. Bonus Cash Rebate Program Citi TANGS Platinum Visa cardholders will be able to enjoy even more savings with the Bonus Cash Programme. This gives shoppers a rebate of up to 20% at a wide selection of leading merchants, including Cathay Cineplex, M1 shops, N.Y.D.C and That’s Music. 2 Exclusive TANGS shopping privileges In addition, cardholders will enjoy other exclusive TANGS shopping privileges, including: • Free weekend parking at TANGS Orchard with a minimum purchase of S$100 (same day accumulated receipts only) • Free personal shopping service • Priority queue at fitting rooms at TANGS Orchard and TANGS VivoCity • Exclusive invitations to sale previews, special events & workshops • Birthday treats • Free basic alteration • Free delivery with minimum spend of S$200 at TANGS Citibank Benefits Citi TANGS Platinum Visa cardholders will also enjoy benefits exclusive to Citibank customers. These include Globeshopper, an online shopping service gives Citibank cardholders in Singapore the convenience and flexibility to shop on US websites that do not ship to locations outside of the US or accept foreignissued credit cards. Globeshopper also comes with a free concierge service and the ability for Citibank cardholders to consolidate shipments for additional cost savings. Cardholders will also be part of Citibank Gourmet Pleasures, the dining privileges programme that offers deals at over 700 F&B establishments here. In addition, with Citibank’s Global Privileges Programme, they are entitled to offers at more than 40,000 merchant establishments worldwide. For more information on the Citi TANGS Platinum Visa Card, please visit www.citibank.com.sg. #### 3 About TANGS TANGS has been at the forefront of Singapore’s retailing scene since the opening of its first store in the republic in 1932. A leader in fashion and contemporary lifestyle retailing, TANGS today has two stores in Singapore – TANGS Orchard and TANGS VivoCity – as well as a flagship store in Malaysia – TANGS Pavilion, in Kuala Lumpur. TANGS Orchard was awarded the prestigious PREMIUM GEMS under the 'Department Store' category in 2007 and 2008 by the Singapore Retailers Association and Best Shopping Experience (Department Store) in 2005 and 2006 by the Singapore Tourism Board. TANGS VivoCity was also awarded SERVICE GEMS (Department Store) in 2007. TANGS Orchard is located at 310 & 320 Orchard Road and TANGS VivoCity is located at 1 HarbourFront Walk, #01-187 & #02-189. TANGS Pavilion is located at Lot 2.01.00 Level 2, 168 Bukit Bintang, Kuala Lumpur. About Citi Citi, 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. Citi’s major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Nikko. Additional information may be found at www.citigroup.com or www.citi.com. Media Contacts Caren Lee +(65) 6328 5572 +(65) 9067 8275 [email protected] Geraldine Ding +(65) 6328 5570 +(65) 9658 0819 [email protected] 4
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