From: "Barrett, Paul S"

From: "Barrett, Paul S" To: "Epstein, Jeffrey ([email protected])" <[email protected]> CC: "Nelson, Justin D" Subject: RE: Hi Date: Tue, 28 Oct 2014 14:49:22 +0000 Jeffrey He should buy $5rom of this issue. Citi 5.80% PFD Issuer: Ratings: Ranking: Coupon: Next Call: Maturity: Price: YTC (11/15/19): YTM*: Issue Size: Min Denom: Cusip: ODI Eligible CITIGROUP INC Ba3e/BB Jr Subordinated 5.80%; then 3mL +409.3bp 11/15/19 PERPETUAL $101.00 5.57% 6.88% $1.5B 1,000 / 1,000 172967HZ7 Paul Barrett I Managing Director I Global Investment Opportunities Group I J.P. Morgan Securities LLC I J.P. Morgan Private Bank I J.P. Morgan Chase Bank N.A. 320 Park Avenue, 14th Floor, New York, NY 10022 I T: I F: NOT AN OFFICIAL CONFIRMATION: For informational purposes only. This report does not represent an official account of the holdings, balances, or transactions made in your account and is being provided at your request. Please refer to your monthly account statement for the official record of all of your account activities. For question, please call your J.P. Morgan representative. In discussion of options and other strategies, results and risks are based solely on hypothetical examples cited; actual results and risks will vary depending on specific circumstances. Investors are urged to consider carefully whether option or option-related products in general, as well as the products or strategies discussed herein are suitable to their needs. In actual transactions, the client's counterparty for OTC derivatives applications is JPMorgan Chase Bank, N.A., and affiliates. For a copy of the "Characteristics and Risks of Standardized Options" booklet, please contact your JPMorgan Advisor. This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at l- tp://www.ipmorgan.com/pages/disclosures/email. This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, available at http://wwwjpmorgan.corn/pages/disclosures/email. EFTA00681772