Citibank, Jet Airways strengthen Gold Card platform

Company Release, September 12

NEW DELHI

Citibank and Jet Airways today announced the re-launch of their popular co-branded credit card, the Jet Airways Citibank Gold Card, with a range of additional features and benefits.

Most importantly, the new Jet Airways Citibank Gold Card will offer the strongest mileage accrual ratio in the country of four JPMiles for every Rs.100/- spent on the card. This industry-topping feature provides customers an opportunity to maximize JPMiles accrual even while shopping for groceries or spending at a restaurant. The JPMiles so accrued can be redeemed for free flights and upgrades under Jet Airways’ Jet Privilege frequent flyer programme.

With this, the Jet Airways Citibank Gold Card has significantly strengthened its offering for its target segment comprising frequent flyers and those who want to maximize their JPMiles earnings.

Mr TR Ramachandran, Business Manager, Credit Cards, Citibank N.A., said, “The highly successful Jet Airways Citibank Gold Card is an important member of our Cards portfolio and has already set industry standards in customer loyalty programmes. Its extremely sophisticated and evolved programme features have been customised for those keen on maximizing their travel experience with Jet Airways, our partner in this co-brand. Together, we are confident that this new and enhanced product proposition will take customer loyalty and rewards to the next level.”

Commenting on the re-launch of the card, Mr Gaurang Shetty, Vice President, Marketing, Jet Airways, said, “We are thrilled to bring this new, exciting product proposition to our growing population of frequent flyers as it provides a great way to earn JPMiles even when you are not flying. Jet Airways stands for making each flight a joyous experience and this card not only accrues JPMiles much faster for each cardmember, it also provides him with Business Class privileges even when traveling in Economy. Priority check-in, lounge access, upgrade vouchers--this card has it all.”

For further information, please contact:

Citigroup

Madhulika Gupta

Corporate Affairs

Tel: +91-22-5001 5056

Fax: +91-22-5001 5843

email: madhulika.gupta@citigroup.com

IPAN

Tarundeep Singh

Tel: 91-11-5249 2110

email: Tarundeep.singh@ipan.com

Jet Airways

Ms Nandini Verma

Vice President

Corp. Affairs & PR

New Delhi

Tel: +91-11-2685 7307

Fax: +91-11-2685 7312

nverma@jetairways.com

Mr AK Sivanandan

General Manager–PR

New Delhi

Tel: +91-11-2652 3357

Fax: +91-11-2652 3348

asivanandan@jetairways.com

Ms Sirupa Sen

Manager-PR

Mumbai

Tel: +91-22-2852 3648

Fax: +91-22-28523240

ssen@jetairways.com