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E*TRADE FINANCIAL Corporation Announces Third Quarter 2005 Earnings Conference Call

    NEW YORK, Oct. 5 /PRNewswire-FirstCall/ -- E*TRADE FINANCIAL Corporation
(NYSE: ET) today announced that it will report its third quarter 2005
financial results after the close of the financial markets on Wednesday,
October 19, 2005, and will host a conference call beginning at 5:00 p.m.
(EDT). The conference call will be available to domestic participants by
dialing 1-877-434-1281 and 1-706-679-3933 for international participants. A
live audio webcast of this conference call will also be accessible at
http://www.etrade.com.
    A replay will be available beginning Wednesday, October 19 at 7:00 p.m.
(EDT), through Wednesday, November 2, 2005 at 11:59 p.m. (EDT). To access the
replay via telephone, dial 1-800-642-1687 and enter reservation number
9954551#. To access the replay from international locations, please dial
1-706-645-9291 and enter reservation number 9954551#. Replay via on-demand
webcast will also be available at http://www.etrade.com through Wednesday, November
2, 2005.

    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.

    NOTE:  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 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:
    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