E*TRADE Names John Metaxas as Chief Corporate Communications and Government Affairs Officer

Apr 26, 2001, 01:00 ET from E*TRADE Group, Inc.

    MENLO PARK, Calif., April 26 /PRNewswire/ -- E*TRADE Group, Inc.
 (NYSE:   ET) today announced the appointment of John Metaxas as chief corporate
 communications and government affairs officer. In this role, Metaxas will lead
 E*TRADE's internal and external corporate communications teams, as well as its
 investor relations and government affairs practices. He will be responsible
 for communicating the Company's revenue diversification strategy and its
 long-term vision to become a digital financial media company. Metaxas will
 report directly to Christos M. Cotsakos, chairman of the board and chief
 executive officer, E*TRADE Group, Inc.
     Metaxas comes to E*TRADE with more than 17 years experience in the
 communications and journalism fields. Most recently, he has covered the Nasdaq
 for CNN, filing reports for the various CNN networks and CNN's flagship
 financial news program, Moneyline. Since joining CNN in 1994, he has anchored
 several financial news programs, including Your Money, CNN's weekly look at
 personal finance. Prior to joining CNN, Metaxas was a correspondent with CNBC
 and anchored the nightly business segment for WFSB-TV, the Post-Newsweek CBS
 affiliate in Hartford, CT.
     "As we continue the forward momentum of our revenue diversification
 strategy, we're pleased to have John join our highly seasoned management
 team," said Cotsakos. "John brings to E*TRADE a wealth of knowledge and
 experience in journalism, business, legal and governmental affairs issues,
 that will be integral in his ability to lead our interaction with the media,
 analyst community and key government officials."
     "I'm delighted to join E*TRADE and further the Company's vision of
 empowering investors and financial consumers," said Metaxas. "My focus over
 the last several years at CNN has been on informing and educating the public
 about their financial affairs. This is a terrific opportunity to continue on
 that path to reach consumers. E*TRADE is one of the pioneers of the online
 revolution and has incredible potential to redefine the financial services
 industry."
     In 1994, Metaxas served as director of communications for the primary race
 in New York's 19th Congressional District. He also covered the 1988
 presidential campaign as a reportorial producer with ABC News, in addition to
 working on network news broadcasts, including World News Tonight with Peter
 Jennings.
     Metaxas graduated cum laude from Columbia College with a degree in
 history, and was elected to Phi Beta Kappa. He received a master of science
 from Columbia University's Graduate School of Journalism and a juris doctor
 from Columbia Law School. He is admitted to the bar in New York. He has
 covered legal affairs as legal editor for The National Law Journal.
 
     About E*TRADE
     E*TRADE is a global leader in online personal financial services, offering
 value-added investing, banking and research features, premium customer service
 and a redundant, proprietary Stateless Architecture(R) infrastructure. In
 addition to the U.S., E*TRADE presently serves customers in Australia, Canada,
 Denmark, Hong Kong, Korea, Japan, Norway, South Africa, Sweden, and the U.K.
 through branded web sites. E*TRADE Securities Inc. (Member NASD/SIPC), and its
 parent company, E*TRADE Group, Inc., have offices in Northern California, New
 York City and in other major business centers in the U.S. and worldwide.
 E*TRADE is a registered trademark of E*TRADE Securities, Inc. E*TRADE Bank is
 a wholly-owned subsidiary of E*TRADE Group, Inc.
 
     Important Notice
     E*TRADE, the E*TRADE logo and Stateless Architecture are registered
 trademarks of E*TRADE Securities, Inc. The statements contained in this news
 release that are forward-looking are based on current expectations that are
 subject to a number of uncertainties and risks, and actual results may differ
 materially.  The uncertainties and risks include, but are not limited to,
 changes in market activity, market acceptance of the Destination E*TRADE web
 site, anticipated increases in the rate of new customer acquisition, the
 conversion of new visitors to the site to customers, seasonality, the
 development of new products and services, the enhancement of existing products
 and services, competitive pressures (including price competition), system
 failures, economic and political conditions, changes in consumer behavior and
 the introduction of competing products having technological and/or other
 advantages.  Further information about these risks and uncertainties can be
 found in the information included in the annual report filed by the company
 with the SEC on Form 10-K in November 2000, as amended (including information
 under the caption "Risk Factors"), and as updated in the quarterly report on
 Form 10Q-T, filed with the SEC on February 14, 2001.
     System response and account access time may vary due to market conditions,
 trading volume, system performance and other factors.
 
     CONTACT:  Heather Fondo of E*TRADE Group, Inc., 415-932-6172, or
 hfondo@etrade.com.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X27934288
 
 

SOURCE E*TRADE Group, Inc.
    MENLO PARK, Calif., April 26 /PRNewswire/ -- E*TRADE Group, Inc.
 (NYSE:   ET) today announced the appointment of John Metaxas as chief corporate
 communications and government affairs officer. In this role, Metaxas will lead
 E*TRADE's internal and external corporate communications teams, as well as its
 investor relations and government affairs practices. He will be responsible
 for communicating the Company's revenue diversification strategy and its
 long-term vision to become a digital financial media company. Metaxas will
 report directly to Christos M. Cotsakos, chairman of the board and chief
 executive officer, E*TRADE Group, Inc.
     Metaxas comes to E*TRADE with more than 17 years experience in the
 communications and journalism fields. Most recently, he has covered the Nasdaq
 for CNN, filing reports for the various CNN networks and CNN's flagship
 financial news program, Moneyline. Since joining CNN in 1994, he has anchored
 several financial news programs, including Your Money, CNN's weekly look at
 personal finance. Prior to joining CNN, Metaxas was a correspondent with CNBC
 and anchored the nightly business segment for WFSB-TV, the Post-Newsweek CBS
 affiliate in Hartford, CT.
     "As we continue the forward momentum of our revenue diversification
 strategy, we're pleased to have John join our highly seasoned management
 team," said Cotsakos. "John brings to E*TRADE a wealth of knowledge and
 experience in journalism, business, legal and governmental affairs issues,
 that will be integral in his ability to lead our interaction with the media,
 analyst community and key government officials."
     "I'm delighted to join E*TRADE and further the Company's vision of
 empowering investors and financial consumers," said Metaxas. "My focus over
 the last several years at CNN has been on informing and educating the public
 about their financial affairs. This is a terrific opportunity to continue on
 that path to reach consumers. E*TRADE is one of the pioneers of the online
 revolution and has incredible potential to redefine the financial services
 industry."
     In 1994, Metaxas served as director of communications for the primary race
 in New York's 19th Congressional District. He also covered the 1988
 presidential campaign as a reportorial producer with ABC News, in addition to
 working on network news broadcasts, including World News Tonight with Peter
 Jennings.
     Metaxas graduated cum laude from Columbia College with a degree in
 history, and was elected to Phi Beta Kappa. He received a master of science
 from Columbia University's Graduate School of Journalism and a juris doctor
 from Columbia Law School. He is admitted to the bar in New York. He has
 covered legal affairs as legal editor for The National Law Journal.
 
     About E*TRADE
     E*TRADE is a global leader in online personal financial services, offering
 value-added investing, banking and research features, premium customer service
 and a redundant, proprietary Stateless Architecture(R) infrastructure. In
 addition to the U.S., E*TRADE presently serves customers in Australia, Canada,
 Denmark, Hong Kong, Korea, Japan, Norway, South Africa, Sweden, and the U.K.
 through branded web sites. E*TRADE Securities Inc. (Member NASD/SIPC), and its
 parent company, E*TRADE Group, Inc., have offices in Northern California, New
 York City and in other major business centers in the U.S. and worldwide.
 E*TRADE is a registered trademark of E*TRADE Securities, Inc. E*TRADE Bank is
 a wholly-owned subsidiary of E*TRADE Group, Inc.
 
     Important Notice
     E*TRADE, the E*TRADE logo and Stateless Architecture are registered
 trademarks of E*TRADE Securities, Inc. The statements contained in this news
 release that are forward-looking are based on current expectations that are
 subject to a number of uncertainties and risks, and actual results may differ
 materially.  The uncertainties and risks include, but are not limited to,
 changes in market activity, market acceptance of the Destination E*TRADE web
 site, anticipated increases in the rate of new customer acquisition, the
 conversion of new visitors to the site to customers, seasonality, the
 development of new products and services, the enhancement of existing products
 and services, competitive pressures (including price competition), system
 failures, economic and political conditions, changes in consumer behavior and
 the introduction of competing products having technological and/or other
 advantages.  Further information about these risks and uncertainties can be
 found in the information included in the annual report filed by the company
 with the SEC on Form 10-K in November 2000, as amended (including information
 under the caption "Risk Factors"), and as updated in the quarterly report on
 Form 10Q-T, filed with the SEC on February 14, 2001.
     System response and account access time may vary due to market conditions,
 trading volume, system performance and other factors.
 
     CONTACT:  Heather Fondo of E*TRADE Group, Inc., 415-932-6172, or
 hfondo@etrade.com.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X27934288
 
 SOURCE  E*TRADE Group, Inc.