RESTON, Va., April 18 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE:
SLM), commonly known as Sallie Mae, today announced that it will release
its 2007 first-quarter earnings package prior to the opening of U.S. stock
markets on Tuesday, April 24, 2007. Sallie Mae management will not be
conducting the previously scheduled conference call for shareholders and
analysts due to the recently announced acquisition of the company.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )
The company intends to continue to file detailed financial disclosures
up to and after the closing of the recently announced agreement related to
the acquisition of the company.
IMPORTANT ADDITIONAL INFORMATION REGARDING THE MERGER WILL BE FILED
WITH THE SEC:
In connection with the proposed merger, the Company will file a proxy
statement with the Securities and Exchange Commission (the "SEC").
INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT WHEN
IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION ABOUT
THE MERGER AND THE PARTIES TO THE MERGER. Investors and security holders
may obtain a free copy of the proxy statement (when available) and other
relevant documents filed with the SEC from the SEC's website at
http://www.sec.gov. The Company's security holders and other interested
parties will also be able to obtain, without charge, a copy of the proxy
statement and other relevant documents (when available) by directing a
request by mail or telephone to Investor Relations, SLM Corporation, 12061
Bluemont Way, Reston, Va. 20190, telephone (703) 984-6746, or from the
Company's Web site, http://www.salliemae.com.
The Company and its directors, executive officers and other members of
its management and employees may be deemed to be participants in the
solicitation of proxies from the Company's shareholders with respect to the
Merger. Information about the Company's directors and executive officers
and their ownership of the Company's common stock is set forth in the proxy
statement for the Company's 2007 Annual Meeting of Shareholders, which was
filed with the SEC on April 9, 2007. Shareholders and investors may obtain
additional information regarding the interests of the Company and its
directors and executive officers in the Merger, which may be different than
those of the Company's shareholders generally, by reading the proxy
statement and other relevant documents regarding the Merger, which will be
filed with the SEC.
SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the
nation's leading provider of saving- and paying-for-college programs. The
company manages $142 billion in education loans and serves nearly 10
million student and parent customers. Through its Upromise affiliates, the
company also manages $15 billion in 529 college-savings plans, and assists
7.5 million members with automatic savings through rebates on everyday
purchases. Sallie Mae and its subsidiaries offer debt management services
as well as business and technical products to a range of business clients,
including higher education institutions, student loan guarantors and state
and federal agencies. More information is available at http://www.salliemae.com.
SLM Corporation and its subsidiaries are not sponsored by or agencies of
the United States of America.
SOURCE Sallie Mae
 back to top
Related links:
http://www.salliemae.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/827187.html/
CONTACT:
Investors, Steve McGarry, +1-703-984-6746, or
Joe Fisher, +1- 703-984-5755, both of Sallie Mae; Media, Tom
Joyce, +1-703-984-5610, Martha Holler, +1-703-984-5178
|
