Schwab Announces Its Interim Business Update

SAN FRANCISCO--(Business Wire)--
The Charles Schwab Corporation announced today that it has scheduled an Interim
Business Update for institutional investors on Monday, July 27, 2009. This
Update, which will be held via webcast, is part of an ongoing series designed to
help the investment community keep abreast of recent developments and
management`s strategic focus. The program is scheduled to run from 8:00 a.m. -
9:00 a.m. PT, 11:00 a.m. - 12:00 p.m. ET. Participants will include Walt
Bettinger, President & Chief Executive Officer, and Joe Martinetto, Chief
Financial Officer.

The Update will be accessible at http://www.schwabevents.com.

About Charles Schwab

The Charles Schwab Corporation (Nasdaq:SCHW) is a leading provider of financial
services, with more than 300 offices and 7.5 million client brokerage accounts,
1.5 million corporate retirement plan participants, 567,000 banking accounts,
and $1.2 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 Advisor Services division. The Charles
Schwab Bank (member FDIC) provides banking and mortgage services and products.
More information is available at www.schwab.com.

Charles Schwab
Greg Gable, 415-667-0473 (Media)
Rich Fowler, 415-667-1841 (Investors/Analysts)

Copyright Business Wire 2009