REPORT: SON OF CITIGROUP BOSS LEFT OVER DRUG PROBLEM

NEW YORK -- The son of Citigroup Inc. chairman Sanford Weill left his
position overseeing the company's $113 billion investment portfolio after
erratic behavior at business functions and amid a battle with cocaine
addiction, The Wall Street Journal reported Wednesday.

Marc Weill earned more than $2 million annually managing the vast holdings
in stocks, bonds and other investments at the nation's largest bank holding
company. He also was on the 19-member management committee, which sets
policy for the banking, insurance and brokerage powerhouse.

In July, Sanford Weill told the company's board that his son was leaving
the firm, but did not explain why, said a meeting attendee.

Weill, 44, left the firm amid a battle with cocaine dependency, the Journal
said, quoting a source familiar with the matter. The newspaper cited a
number of reports where Weill acted erratically at business functions and
dozed through meetings.

Marc Weill's ex-wife, E.D. Donahey, told the paper that "Marc is in
treatment for drug addiction."

Donahey said she was talking to the paper to try to help Weill recover.
"The only thing that's important is that Marc is getting help for his drug
addiction."

Marc Weill's problems did not appear to affect the success of Citigroup's
investment portfolio. In the first three months of 2000 -- his last full
quarter at the firm -- the investment unit was one of Citigroup's most
profitable divisions. Income from venture capital and Citigroup's own
investment portfolios jumped to $634 million from just $90 million in the
year-ago period; the amount totaled 17.5 percent of Citigroup's profit for
the quarter.

A Citigroup spokesman could not immediately be reached for comment on the story.