NEW YORK, May 25 /PRNewswire-FirstCall/ -- E*TRADE FINANCIAL
Corporation (NYSE: ET) today announced the results of its Annual
Shareholder Meeting held today, May 25, 2006, in Arlington, VA. Over ninety
percent of all outstanding shares were voted. Shareholders voted in favor
of all the proposals on the proxy, including the election of three
directors and the ratification of the selection of Deloitte & Touche LLP as
the Company's auditors.
Michael K. Parks, Managing Director, Leveraged Finance Group, Trust
Company of the West; Lewis E. Randall, Private Investor; and Stephen H.
Willard, Chief Executive Officer, Flamel Technologies S.A. were each
re-elected to the Company's Board of Directors for a term that will end at
the Company's Annual Shareholder Meeting in 2009.
The Company's Corporate Report is currently available at
http://www.etrade.com.
About E*TRADE FINANCIAL
The E*TRADE FINANCIAL family of companies provides financial services
including trading, investing, banking and lending for retail and
institutional customers. Securities products and services are offered by
E*TRADE Securities LLC (Member NASD/SIPC). Bank and lending products and
services are offered by E*TRADE Bank, a Federal savings bank, Member FDIC,
or its subsidiaries.
Important Notice
E*TRADE FINANCIAL and the E*TRADE FINANCIAL logo are registered
trademarks or trademarks of E*TRADE FINANCIAL Corporation. The statements
contained in this news release that are forward-looking are based on
current expectations that are subject to a number of uncertainties and
risks, and actual results may differ materially. The uncertainties and
risks include, but are not limited to, changes in market activity,
anticipated increases in the rate of new customer acquisition, the
conversion of new visitors to the site to customers, the activity of
customers and assets held at the institution, seasonality, the development
and enhancement of products and services, competitive pressures (including
price competition), system failures, economic and political conditions,
changes in consumer behavior and the introduction of competing products
having technological and/or other advantages. Further information about
these risks and uncertainties can be found in the information included in
the annual reports previously filed by E*TRADE Group, Inc. or E*TRADE
FINANCIAL Corporation with the SEC on Form 10-K (including information
under the caption "Risk Factors") and quarterly reports on Form 10-Q.
E*TRADE FINANCIAL Corporation. All rights reserved.
E*TRADE FINANCIAL Media Contact
Pam Erickson
E*TRADE FINANCIAL Corporation
617-296-6080
pam.erickson@etrade.com
E*TRADE FINANCIAL Investor Relations Contact
Adam Townsend
E*TRADE FINANCIAL Corporation
703-236-8719
adam.townsend@etrade.com
SOURCE E*TRADE FINANCIAL Corporation
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Related links: http://www.etrade.com
CONTACT: E*TRADE FINANCIAL Media Contact - Pam Erickson, E*TRADE FINANCIAL Corporation, +1-617-296-6080, pam.erickson@etrade.com; E*TRADE FINANCIAL Investor Relations Contact - Adam Townsend, E*TRADE FINANCIAL Corporation, +1-703-236-8719, adam.townsend@etrade.com
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