9.14.2001 ET

(CSRwire) Citigroup announced a $15 million contribution to a newly created Citigroup Relief Fund that will provide scholarships to the children of victims of the September 11th disaster.

"On September 11th, terrorists brutally attacked the United States and so many innocent people were murdered. But if their crimes showed the very worst of humanity, the rescuers who immediately went to work to save lives showed the very best," said Sandy Weill, Chairman and Chief Executive Officer.

"The world has rarely seen such heroism at such a terrible cost. Hundreds of firefighters, police officers, and other rescue officials perished in the effort. They and so many have lost their lives - and lost their futures. We share a responsibility for the future of their children."

"We are so proud of the way that this country has responded to the crisis. The courage of all the rescue workers has been astonishing. Many of our employees and customers around the world have expressed their strong desire to contribute additional resources to help the relief effort. We hope that our $15 million contribution and the additional contributions from our employees and customers will help."

To make a tax deductible donation, please send a check payable to "The Citigroup Relief Fund" and mail it to: The Citigroup Relief Fund, 850 Third Avenue, 13th Floor, New York, NY 10043. For more information, call 212-793-5942.