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Schwab Declares Regular Quarterly Dividend

    SAN FRANCISCO, Oct. 18 /PRNewswire-FirstCall/ -- The Board of Directors
of The Charles Schwab Corporation has declared a regular quarterly cash
dividend of $0.05 per common share. The dividend is payable November 23,
2007 to stockholders of record November 9, 2007.
    The Charles Schwab Corporation (Nasdaq: SCHW) is a leading provider of
financial services, with more than 306 offices and 6.9 million client
brokerage accounts, 1.2 million corporate retirement plan participants,
212,000 banking accounts, and $1.4 trillion in client assets. Through its
operating subsidiaries, the company provides a full range of securities
brokerage, banking, money management and financial advisory services to
individual investors and independent investment advisors. Its broker-dealer
subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org),
and affiliates offer a complete range of investment services and products
including an extensive selection of mutual funds; financial planning and
investment advice; retirement plan and equity compensation plan services;
referrals to independent fee-based investment advisors; and custodial,
operational and trading support for independent, fee-based investment
advisors through its Schwab Institutional division. The Charles Schwab
Bank, N.A. (member FDIC) provides banking and mortgage services and
products. CyberTrader(R), Inc. (member SIPC, http://www.sipc.org) is an
electronic trading technology and brokerage firm providing services to
highly active, online traders. More information is available at
http://www.schwab.com.


SOURCE Charles Schwab




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    CONTACT:
    Media, Greg Gable, +1-415-636-5847, or
    Investors|Analysts, Rich Fowler, +1-415-636-9869, both of Charles
    Schwab