The Charles Schwab Corporation Extends Exchange Offer for Notes Due 2022

  The Charles Schwab Corporation Extends Exchange Offer for Notes Due 2022

Business Wire

SAN FRANCISCO -- January 15, 2013

The Charles Schwab Corporation announced today that it has extended the
expiration date of its offer to exchange up to $256,405,000 aggregate
principal amount of its 3.225% Notes due 2022 (the "Old Notes") that have not
been registered under the Securities Act of 1933, as amended (the “Securities
Act”), for an equal amount of its outstanding 3.225% Notes due 2022 that have
been registered under the Securities Act (the "New Notes"). As a result of the
extension, the exchange offer is now scheduled to expire at 12:00 a.m., New
York City time, on January 22, 2013, unless further extended. The exchange
offer was originally set to expire at 12:00 a.m., New York City time, on
January 15, 2013.

Based on the latest information provided by the exchange agent, tenders of
approximately $255,270,000 aggregate principal amount, or 99.56%, of the Old
Notes have been received pursuant to the exchange offer. Except for the
extension of the expiration date, all of the other terms of the exchange offer
remain as set forth in the exchange offer prospectus, dated December 11, 2012.

Copies of the prospectus and related letter of transmittal may be obtained
from The Bank of New York Mellon, which is serving as the exchange agent for
the exchange offer. The Bank of New Mellon may be contacted as follows:

The Bank of New York Mellon Trust Company, N.A.
c/o The Bank of New York Mellon Corporation
Corporate Trust Operations—Reorganization Unit
111 Sanders Creek Parkway
East Syracuse, NY 13057
Attn: Christopher Landers
Telephone: 315-414-3362
Facsimile: 732-667-9408

This news release is not an offer to exchange the Old Notes for the New Notes
or the solicitation of an offer to exchange, which we are making only through
the exchange offer prospectus.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial
services, with more than 300offices and 8.7million client brokerage
accounts, 1.6million corporate retirement plan participants, 857,000banking
accounts, and $1.92 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,, 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; compliance and trade
monitoring solutions; referrals to independent fee-based investment advisors;
and custodial, operational and trading support for independent, fee-based
investment advisors through Schwab Advisor Services. Its banking subsidiary,
Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides
banking and lending services and products. More information is available at and


Charles Schwab
Greg Gable, 415-667-0473
Charles Schwab
Rich Fowler, 415-667-1841
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