The Charles Schwab Corporation Reports Monthly Activity Highlights; Net New Assets Total $7.6 Billion

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Safecharge International Group Limited	LSE:SCH	London	Ordinary Share	GG00BYMK4250	ORD USD0.0001

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Safecharge (LSE:SCH)
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SAN FRANCISCO, Nov. 15 /PRNewswire-FirstCall/ -- The Charles Schwab Corporation (NYSE / Nasdaq: SCH) released its Monthly Market Activity Report today. Company highlights for the month of October 2005 include: -- Net new assets brought to the Company by new and current clients in October 2005 totaled $7.6 billion. -- Total client assets were $1.152 trillion as of month-end October, up 13% from October 2004 and down 1% from September 2005. In comparison, the Schwab 1000 Index(R) was up 8% from October 2004 and down 2% from September 2005. -- Client daily average trades, which include daily average revenue trades (DART), Schwab Institutional(R) asset-based trades and Schwab Private Client(TM) asset-based trades, were 258.9 thousand in October 2005, up 52% from October 2004 and up 10% from September 2005. CFO Chris Dodds commented, "Client fundamentals were strong again in October -- net new assets topped $6 billion for the fifth consecutive month and exceeded last October's total by 95%. As previously disclosed in September, we are pursuing two growth investments to enhance the Company's business momentum -- the elimination of certain fees and a new national advertising campaign -- which are expected to impact fourth quarter earnings by approximately $40 million pre-tax. In light of these investments, combined with approximately $10 million of pre-tax severance charges relating to staffing reductions at U.S. Trust, we currently estimate that fourth quarter earnings per share will be approximately $0.02 lower than our third quarter 2005 results." This press release contains forward-looking statements relating to the Company's fourth quarter 2005 earnings that reflect management's current expectations. Achievement of these expectations is subject to risks and uncertainties that could cause actual results to differ materially from the expressed expectations. Important factors that may cause such differences include, but are not limited to, a significant discrepancy between estimated and actual revenues associated with the Company's account service and order handling fees, material changes in the extent and/or duration of the Company's advertising campaign, and the final amount of severance associated with fourth quarter staff reductions at U.S. Trust. The Charles Schwab Corporation, through its operating subsidiaries, provides securities brokerage and financial services to individual investors and the independent investment advisors who work with them. With over 7 million individual investor accounts and more than $1 trillion in client assets, The Charles Schwab Corporation is one of the nation's largest financial services firms. Its subsidiary Charles Schwab & Co., Inc. (member SIPC) provides a complete range of investment services and products, including an extensive selection of mutual funds; financial planning and investment advice; retirement plans; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent fee-based investment advisors. Its subsidiary Charles Schwab Bank, N.A. (member FDIC) provides banking and mortgage services and products. The corporation's other operating subsidiaries include U.S. Trust Corporation (member FDIC) and CyberTrader(R), Inc. (member SIPC). These companies' Web sites can be reached at http://www.schwab.com/, http://www.schwabbank.com/, http://www.ustrust.com/, and http://www.cybertrader.com/. DATASOURCE: Charles Schwab CONTACT: media, Glen Mathison, +1-415-636-5448, or investors/analysts, Rich Fowler, +1-415-636-9869, both of Charles Schwab Web site: http://www.schwab.com/

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SCH Safecharge International Group Limited