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This excerpt taken from the C 8-K filed Oct 31, 2007. Market
Price” shall mean the price per Citigroup Share in the
last sales transaction which is made prior to the day immediately before the Effective
Date (US Eastern Standard Time) on the New York Stock Exchange, converted into Japanese
yen, rounded as necessary up to the nearest whole yen, at the mean of the last exchange
rate quotations for buying and selling spot dollars in Tokyo by telegraphic transfer
against Japanese yen, as quoted immediately before the Effective Date by The Bank of
Tokyo—Mitsubishi UFJ, Ltd. (or, if it does not provide such quotations, Sumitomo
Mitsui Banking Corporation).
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