Server: Netscape-Enterprise/2.01 Date: Wed, 17 Dec 1997 14:58:34 GMT Accept-ranges: bytes Last-modified: Tue, 18 Nov 1997 04:26:42 GMT Content-length: 5009 Content-type: text/html E*TRADE: E*TRADE Chosen the Best Among Online Financial Services
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E*TRADE CHOSEN THE BEST AMONG ONLINE FINANCIAL SERVICES

PC COMPUTING Selects E*TRADE Winner of 1997 MVP Award

E*TRADE News Media Contact:
Kate Connelly or Kim Shepherd, The Dilenschneider Group, 312-553-0700, connelly@mcs.net, kim@chicago.dilenschneider.com

PALO ALTO, Calif., November 18, 1997 -- E*TRADE Group, Inc. (Nasdaq: EGRP), a leading branded provider of online investing services, received the PC COMPUTING Most Valuable Product Award for 1997 Internet Financial Services. PC COMPUTING announced its selection of E*TRADE as having the best financial services site at its 9th annual award ceremony based on the value of its products, particularly its extensive online research and proprietary screening tools.

"We are delighted to emerge from such a rigorous review process and prevail as the winner of this prestigious award that recognizes E*TRADE as the best performing provider of Internet financial services," said Christos M. Cotsakos, President and Chief Executive Officer of E*TRADE Group, Inc. "This is a highly regarded third party endorsement of E*TRADE as an online leader for empowered investors who want a full suite of institutional financial research, information and investment tools."

In making the announcement PC COMPUTING said, "A slick interface, a solid portfolio manager and a wide variety of access options put E*TRADE at the top of a growing heap of online investment services ... plus you can keep track of your investments in Intuit Quicken by simply downloading your account information. And you won't fly blind, thanks to E*TRADE's financial news and data analysis."

There were 225 MVP finalists covering 77 categories reflecting the continued expansion of the Internet and its growing importance in business today. According to PC COMPUTING, its editors painstakingly conducted a review of several thousand computer hardware, software, Internet and networking products, evaluating them for usability, performance, technology, innovation and value.

Customers can access E*TRADE at http://www.etrade.com on the Internet as well as through WebTV, Prodigy, AT&T WorldNet, and Microsoft Investor; by Go ETRADE on CompuServe; with the keyword ETRADE on America Online; via direct modem connection; and via the touch-tone TELE*MASTER system. E*TRADE Securities and its parent company, E*TRADE Group, Inc., are headquartered in Palo Alto, California.


E*TRADE is a registered trademark of the Company. TELE*MASTER is a trademark of E*TRADE Securities, Inc. All other trademarks are properties of their respective owners. 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, the development of new products and services, the enhancement of existing products and services, competitive pressures, system failures, economic conditions and the introduction of competing products having technological and/or other advantages. Further information about these matters can be found in the information periodically filed by the Company with the SEC, including its annual report on Form 10K, and quarterly reports on Form 10Q.


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