Stock Splits

The Charles Schwab Corporation completed its initial public offering on September 22, 1987 and has since declared the following stock splits.

Payable Date

May 30, 2000

July 1, 1999

December 11, 1998

September 15, 1997

September 1, 1995

March 1, 1995

June 1, 1993

December 2, 1991

Split Amount

3 for 2

2 for 1

3 for 2

2 for 1

3 for 2