$8.95 per equity trade applies to online trades in eligible accounts once 30 or more qualifying trades are placed in the household in the current calendar quarter or 120 or more qualifying trades are placed over the prior 12 months or once the household balance reaches $1,000,000 or more. If less than 30 qualifying trades are placed in the household per current calendar quarter or 0-119 over the prior 12 months and there is $999,999 or less in household balances, then equity commission rate is $12.95 for first 1000 shares plus $0.015 for each additional share. Direct access trades are charged an additional $0.003 per share above 5000 shares.$8.95 per option trade plus $0.75 per-contract applies to online trades in eligible accounts. Please see the Charles Schwab Pricing Guide for detailed information.

This special rate offer is available to new Schwab clients only. The 1.00% discount applies for 12 months, after which standard margin interest rates will apply. A minimum margin balance of $25,000 is required to receive the promotional rate. This offer cannot be combined with other margin discount offers. The margin feature is not available for all account types. Standard margin rates, and therefore the promotional rates, are tied to Schwab's base rate, which is subject to change without notice. Fluctuations in market conditions can magnify potential for loss. A decrease in your market value may require the deposit of additional funds or the sale of some securities should the value of your assets fall below a certain level. To better understand the potential risks associating with margin borrowing, please see Schwab's Margin Risk Disclosure.

Not all features and services available to CyberTrader customers will be available at Charles Schwab & Co. Inc.

*Account and assets deposited must be new to Schwab. Current Schwab clients and households are not eligible. 50 free trades expire 45 days after account approval. Applies to base online equity and option commissions only. Option per-contract and equity per-share fees may apply. To qualify, you must commit to making a minimum of 36 online equity or options trades per year and deposit $25,000. Offer valid until 12/31/09. Offer is nontransferable, limited to one per household, and may not be combined with other offers. Accounts ineligible for this offer include, without limitation: 401(k), 403(b), Custodial, 529 Plan and Estate accounts. Direct access trades, unlisted foreign ordinary stocks and equity trades resulting from options exercise or assignment are not eligible for this offer. Only trades placed through Schwab.com, StreetSmart Pro®, StreetSmart.com™, or Schwab Wireless are eligible for free trades. No credit will be given for unexecuted trades. Domestic, nonprofessional accounts only. Schwab, Schwab-affiliated, broker-dealer and exchange employees are not eligible. Other exceptions may apply. Schwab reserves the right to restrict this offer at any time.

Access to electronic services may be limited or unavailable during periods of peak demand, market volatility, systems upgrades or maintenance, or for other reasons.

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