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E*TRADE FINANCIAL Wins Stevie(TM) Award for Best MIS & Systems Team in 3rd Annual American Business Awards(SM)

    NEW YORK, June 7 /PRNewswire-FirstCall/ -- E*TRADE FINANCIAL won a Stevie
Award for Best MIS & Systems team in The 2005 American Business Awards last
night.  Hailed as "the business world's own Oscars" by The New York Post
(April 27, 2005), The American Business Awards are the first national,
all-encompassing business awards program honoring great performances in the
workplace.
    "Last night we honored outstanding companies and the individuals and teams
within them," said Michael Gallagher, founder and president of The Stevie
Awards, the organization that runs The American Business Awards.  "The
American Business Awards have grown so quickly because there was a need for a
program such as this, to shine a spotlight on executives and businesses that
too often go unheralded.  Congratulations to all of our 2005 Finalists and
Stevie Award winners."
    E*TRADE FINANCIAL was honored with the Stevie Award for Best MIS & Systems
team among a group of distinguished finalists from the transportation,
medical, telecom and computer hardware industries.  The Award serves to
further recognize the Company's ability to leverage technology to create
efficiency and to identify synergy throughout its core business.
    "E*TRADE FINANCIAL relies on technology to deliver innovative products,
attractive rates, cutting-edge functionality and superior service," said
Joshua S. Levine, Chief Technology and Operations Officer, E*TRADE FINANCIAL.
"This Stevie Award appropriately honors our MIS & Systems team for their
extraordinary efforts in contributing to the Company's unique ability to offer
our customers a compelling combination of low cost infrastructure and depth of
product."
    Nicknamed the Stevies for the Greek word "crowned," the awards were
presented during ceremonies at the Marriott Marquis Hotel in New York City.
The ceremonies were hosted by CNN personality Ali Velshi, videocast live on
the Internet, and broadcast nationwide on radio.  Donald J. Trump received the
first Lifetime Achievement Stevie Award.
    More than 100 Stevies were presented in over 40 categories including Best
Overall Company, Best Executive, Best Support Staffer, and Best Corporate Web
Site.  More than 1,200 nominations from companies of all sizes and in
virtually every industry were submitted for consideration.
    Details about The American Business Awards and the list of Finalists and
Stevie Award winners are available at http://www.stevieawards.com/aba.

    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.

    About The Stevie Awards:
    Hailed as "the business world's own Oscars" by the New York Post (April
27, 2005), Stevie Awards are conferred in three programs:  The American
Business Awards, The International Business Awards, and The Stevie Awards for
Women Entrepreneurs.  Honoring companies of all types and sizes and the people
behind them, the Stevies recognize outstanding performances in the workplace
worldwide.  Learn more about The Stevie Awards at http://www.stevieawards.com.
Premier sponsors of The 3rd Annual American Business Awards include Rogen
International, ValueVision Associates, Veritude, Ultimate Software, HB Group,
and The Professional Society for Sales & Marketing Training.
     Media sponsors include the Business TalkRadio Network, Hoover's Online,
Selling Power Magazine and Wired Magazine.  Speedera Networks and HB Group
teamed to videocast the awards ceremonies live on the Internet.

      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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  • http://www.etrade.com
    CONTACT:
    media, Pam Erickson, +1-617-296-6080, or
    pam.erickson@etrade.com, or investors, Adam Townsend,
    +1-703-236-8719, or adam.townsend@etrade.com, both of E*TRADE
    FINANCIAL Corporation