LAU receives USD 20,000 frant from the Citigroup Foundation

About Lebanese American University

Lebanese American University is one of the leading academic institutions in Lebanon. In 1924, a group of missionaries from the Presbyterian Church of the United States started the first Women's College in the region. This Women's College was started in Lebanon and called the Junior College for Women. The small College continued, thrived, and grew through the years until in 1995, the Lebanese American University emerged as a full fledged multi-campus university. Currently, LAU serves 6,294 students in its 8 Schools.

In August of 2004, Dr. Joseph Jabbra was called to serve as the new President of the institution and assertively articulated the University's vision to: (1) promote and inculcate academic excellence throughout the institution; (2) ensure a student-centered University that prides itself in the formation of leaders for the future; (3) promote the dignity of and respect for faculty, staff and students in word and deed; (4) celebrate the many contributions of the alumnae/alumni of the institution; (5) establish a "one University" culture while recognizing the distinct gifts and attributes of the different campuses; and (6) achieve accreditation through the New England Association of Schools and Colleges.

LAU strives, in all its endeavors, to fulfill its mission in being committed to academic excellence, student-centeredness, the advancement of scholarship, the education of the whole person, and the formation of students as future leaders in a diverse world.

About Citigroup

Citigroup (NYSE: C), the 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. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex.

Based on the belief that knowledge is your greatest asset, the Citigroup Financial Education Program is a global, company-wide effort working jointly with the Citigroup Foundation to identify, support and implement initiatives that help give individuals, families and institutions the tools needed to make sound financial decisions. Citigroup's 10-year, $200 million global commitment is focused in three areas: Personal Financial Education, Small Business Financial Education, and Institutional Financial Education. Additional information about Citigroup's Financial Education Program, including Foundation guidelines, links and resources, the Citigroup Financial Education Program Curriculum and Facilitator's Guide, may be found at: www.financialeducation.citigroup.com

For further information, please contact:

Amal Abdel Massih
Assistant Director of Development Services
Lebanese American University
+961 (1) 786 464 ext 1324

Khalil Geagea
Public Affairs Officer
Citigroup
+961 (1) 738 400 ext 5014.

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