(CITICORP LIFE INSURANCE COMPANY LETTERHEAD)
Dear Contract Owner:
We are pleased to share with you the investment results of the investment
portfolios held in your CitiVariable annuity issued by Citicorp Life
Insurance Company during the first six months of this year. In this report,
you will find extensive information regarding the each fund's performance as
well as other pertinent data. Please note that the funds'performance does
not reflect the Separate Account mortality and expense risk charge, the
contract administrative charge, annual contract fee, premium taxes, or
surrender charges which may apply. Such charges, taxes and fees will reduce
the actual return of your CitiVariable annuity contract.
The CitiVariable annuity you have purchased has been designed to help you
reach your long term investment goals. We are continually exploring ways to
improve our product and welcome any suggestions or comments you may have
regarding your variable annuity or the service you receive from our committed
staff. Please feel free to call us at 1-800-497-4857 from 8:00 a.m. to 5:00
p.m. Eastern time, Monday through Friday.
We thank you for allowing us the opportunity to be of service to you. We
look forward to continuing to provide you with the highest level of
satisfaction with your variable annuity.
Sincerely,
/s/ Chad H. Masland
Chad H. Masland
Senior Vice President, Marketing
