Citi Appointed by Eaton Vance International (Ireland) Funds, PLC to Provide Global Custody and Trustee Services for Dublin Registered Funds

London, Dublin and New York - 4 October 2011

Citi today announced that it has been appointed by Eaton Vance International (Ireland) Funds, PLC (“Eaton Vance International”) to provide a complete suite of global custody and trustee services for its Dublin-registered Funds. This new mandate extends Citi’s existing relationship with Eaton Vance International for which Citi provides fund administration, accounting, and transfer agency services.

Global fund managers are continually seeking out new markets for investment opportunities and are looking to develop products that offer access to different geographical areas, especially emerging markets. With an on-the-ground presence in over 100 markets, Citi delivers a platform that helps clients like Eaton Vance International extend their reach and expand their business.

“We are broadening our partnership with Citi and expanding our investment opportunities for our UCITS fund in new markets,” said Michael O’Brien, CFA, head of global trading for Eaton Vance. “By leveraging Citi’s global custody offerings, we are accessing their proprietary, local sub-custodian network and we are looking forward to securing an integrated custody solution.”

Citi provides a full range of investor services that are adapted to client needs for efficiency, transparency and risk management. Clients have the flexibility to establish custody accounts at the segregated level or in an omnibus structure.

“We are very pleased to have been selected by Eaton Vance International to provide custody services to its Dublin-registered UCITS funds and to expand our relationship with Eaton Vance,” said Chandresh Iyer, Head of Global Custody and Investment Services, Citi. “Leading firms like Eaton Vance International recognize the value of Citi’s globality and integrated solutions to unlock value and generate growth. We look forward to delivering end-to-end fund administration and custody services to Eaton Vance International.”

Through its Securities and Fund Services business, Citi's industry-focused experts provide investors worldwide with tailored solutions delivered through proven global platforms that feature modular, open architecture. With $13 trillion of assets under custody and the industry's largest proprietary network, clients can leverage Citi's local market expertise and global reach to extract value across the entire investment value chain.

Global Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the second quarter of 2011, it held on average $365 billion in liability balances and $13.5 trillion in assets under custody.

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