News
February 11, 2008

Citibank (Banamex USA) Selects Metavante Technology To Support Mortgage Program For U.S. Citizens And Permanent Residents Buying Property in Mexico

MILWAUKEE, Feb. 11, 2008 – Citibank (Banamex USA), a subsidiary of Citigroup, Inc. (NYSE:C), announced that it has deployed Metavante (NYSE:MV) lending technology to support its mortgage program for U.S. citizens and permanent residents who are interested in buying property in Mexico.

Citibank (Banamex USA) is using Metavante's Web-based, end-to-end Loan Origination Studio (LOS) solution for retail loan origination. Metavante's loan origination technology combines a single, central database with comprehensive origination, processing and closing capabilities in order to increase efficiencies and streamline loan fulfillment processes.

"We chose Metavante's LOS product because it is integrated with the rest of our core banking platform and it allows us to leverage the technology we're already using from Metavante," said Salvador Villar, chairman and chief executive officer of Citibank (Banamex USA). "We found that the functionality of Metavante's LOS is outstanding and will lead to increased productivity. Our loan officers also really liked the ease of training on the system."

"We are pleased to provide our Web-based loan origination solution to Citibank (Banamex USA). We are increasing the bank's loan origination efficiency in two ways, by deploying our LOS technology and by providing integration with the Metavante core banking application already in use at Citibank (Banamex USA)," said Cy Brinn, president of Metavante Lending Solutions. "Citibank's (Banamex USA) use also provides us with another opportunity to further expand our product to support non-U.S. lending and Spanish-speaking markets. Citibank (Banamex USA) is demonstrating that even in a challenging mortgage marketplace, there are opportunities for increasing market share by creating a mortgage program that caters to consumers who are interested in purchasing property in Mexico," Brinn added.

Metavante Lending Solutions provides technology and service solutions for mortgage, home equity, consumer and indirect retail finance loan origination. Lending solutions are provided for point-of-sale origination, processing, closing, automated underwriting, decisioning and business process management, as well as processing, settlement and document generation services. Metavante Lending Solutions helps clients of all sizes, from community banks to the top financial institutions in North America, including five of the top 20 U.S. mortgage lenders.

About Grupo Financiero Banamex
Grupo Financiero Banamex is a member of Citigroup, Inc., and is the leading financial group in Mexico with Banco Nacional de México (Banamex), founded in 1884. Through its affiliates, the group maintains a pre-eminent position on the country's financial markets, including deposits, consumption financing, handling of investment societies and funds' resources for retirement, secure banking, pensions and stock-exchange brokerage. The group has an extensive distribution network of more than 1,450 branch offices and 5,800 ATMs located throughout Mexico. For more information, visit www.banamex.com.

About Citi
Citi, a 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, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or at www.citi.com.

About Metavante
Metavante Technologies, Inc. (NYSE:MV) is the parent company of Metavante Corporation. Metavante Corporation delivers banking and payments technologies to over 8,600 financial services firms and businesses worldwide. Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, consumer healthcare payments, electronic presentment and payment, business transformation services, and payment network solutions including the NYCE Network, a leading ATM/PIN debit network and provider of mobile financial services. Metavante (www.metavante.com) is headquartered in Milwaukee.

Metavante is a registered trademark of Metavante Corporation.

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