Citigroup Global Markets Holdings Inc. – ‘8-K’ for 12/8/95 – EX-99

As of:  Friday, 12/8/95   ·   For:  12/8/95   ·   Accession #:  200245-95-243   ·   File #:  1-04346

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         4      8K 
 2: EX-99       Miscellaneous Exhibit                                  2±     9K 

EX-99   —   Miscellaneous Exhibit

The following was released to press on December 8, 1995:                        

SALOMON INC APPOINTS THREE NEW BOARD MEMBERS                                    

DAVID O. MAXWELL, JOHN L. HASELTINE AND SHIGERU MYOJIN                          

NEW YORK,  DECEMBER 8, 1995 - At its regularly  scheduled meeting on December 6,
1995,  the Salomon Inc Board of Directors  elected three new members,  effective
February 7, 1996, the date of its next regularly  scheduled  Board meeting.  The
new Board members are David O. Maxwell, the retired Chairman and Chief Executive
Officer  of  Fannie  Mae  (Federal  National  Mortgage  Association);   John  L.
Haseltine, a Managing Director of Salomon Brothers and a member of its Operating
Committee  responsible for Salomon  Brothers' Global Fixed Income Business;  and
Shigeru Myojin,  Vice Chairman of Salomon Brothers and a member of its Operating
Committee responsible for Global Proprietary Trading and Risk Management.       

Robert E. Denham,  Chairman and Chief Executive  Officer of Salomon Inc, stated:
"David Maxwell has been  conspicuously  successful in both corporate  management
and public  service  and will bring great  talent and energy to our Board.  John
Haseltine and Sugar Myojin are outstanding  managers who will bring to the Board
judgment and experience based on a combined 35 years at the firm. I am delighted
with these additions to our Board."                                             

David O. Maxwell retired as Chairman of the Board and Chief Executive Officer of
Fannie Mae on January 31, 1991.  He joined  Fannie Mae in February  1981 and was
elected chairman and chief executive  officer in May 1981. From 1970 to 1973, he
served  as  general  counsel  of  the  U.S.  Department  of  Housing  and  Urban
Development;  and  from  1967  to  1970,  he was  Insurance  Commissioner,  then
Secretary  of  Administration  and  Budget  Secretary  of  the  Commonwealth  of
Pennsylvania.                                                                   

In 1987-1988,  Mr. Maxwell served as Vice Chairman of the National  Housing Task
Force.  Several of the Task Force's key  recommendations  for changes in federal
housing policy have subsequently been enacted into law.                         

A graduate of Yale University and Harvard Law School,  Mr. Maxwell practiced law
in Philadelphia  from 1959 to 1967. He was a candidate for the U.S.  Congress in
1960 and served as an officer in the U.S. Navy from 1955 to 1959.               

Mr. Maxwell is a member of the Boards of Directors of Corporate Partners,  L.P.;
Financial  Security Assurance  Holdings Ltd. (FSA);  Hechinger Company;  Potomac
Electric Power Company (PEPCO); and SunAmerica Inc. He is a member of the boards
of trustees of The Brookings Institution,  WETA (the public television and radio
stations in  metropolitan  Washington,  D.C.),  The Enterprise  Foundation,  The
European Institute,  and Arena Stage. He is a member of the Trustees' Council of
the National Gallery of Art and is a Life Trustee of The Urban Institute.       

John L. Haseltine is a Managing Director of Salomon Brothers and a Member of the
Salomon  Brothers  Operating  Committee  and the  Salomon  Inc  Risk  Management
Committee. He is in charge of the Firm's Global Fixed-Income Business.          

Mr.  Haseltine began his career at Salomon  Brothers in 1976 as a transportation
bond  trader.  In 1978 he began  trading  corporate  bonds.  He was named a Vice
President in 1978 and was appointed as Managing  Director in 1984. From February
1986 to January 1988 he was responsible for the contractual  trading,  primarily
whole loans, within the Mortgage Trading  Department.  He ran the Corporate Bond
Department,  which  includes  Emerging  Market  Debt,  then was in charge of the
Global Credit Markets Department until his current assignment.  Prior to joining
Salomon  Brothers,  Mr.  Haseltine  worked in the Bond  Department  at  Republic
National Bank of Dallas for three years.                                        

Born in  Missouri  on 1947,  Mr.  Haseltine  received  a B.S.  in  Finance  from
Northwestern University in 1969 and an M.B.A. from the University of Missouri in
1973.  Mr.  Haseltine  served in the U.S. Army from June 1969 to March 1972 as a
lieutenant in Military Intelligence.                                            

Shigeru  Myojin is Vice  Chairman  of  Salomon  Brothers  Inc,  responsible  for
firmwide  proprietary  trading and risk  management.  He is also a member of the
Operating  Committee  and the  Management  Board and chairs the Risk  Management
Committee of Salomon Inc.                                                       

Mr Myojin  joined the firm in 1979 after having  worked for Yamaichi  Securities
for six years.  He was promoted to Director in 1986,  Managing  Director in 1988
and Vice  Chairman in 1995.  Before being named Vice  Chairman,  he was co-Chief
Executive Officer of Salomon Brothers Asia Limited.                             

Born in Nagoya,  Japan in 1949, Mr Myojin received a B.A. from Chuo  University,
Tokyo in 1973.                                                                  

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing		Date		Other Filings
		2/7/96
Filed on / For Period End:		12/8/95
		12/6/95		424B3
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