Scottrade Opens Office in Scranton, Penn.

St. Louis, June 14, 2004 – Scottrade, a leading online brokerage, is announcing the opening today of a new office in Scranton, bringing the firm’s total to 212.

"Scottrade is excited to open an office in Scranton because we have many clients who work and live in that area," said Scottrade president Rodger Riney. "We feel this new office is extremely important to give area customers a convenient office with which to do business."

The new office will be located at 72 Glenmaura National Blvd. The branch is open from 8:30 a.m. to 5 p.m. and will be managed by George Jurnak. The office can be reached at 570-341-6800.

Scottrade has a history of opening an average of two branches per month and has plans for additional expansion. Scottrade also has offices in Pittsburgh, Langhorne, Wayne, Harrisburg, Allentown, Philadelphia and Jenkintown.

About Scottrade
Established in 1980, Scottrade (formerly Scottsdale Securities, Inc.) is a leader in online investing and is currently ranked Highest in Investor Satisfaction with Online Trading Services by J.D. Power and Associates (www.jdpower.com). The September 2003 announcement was the fourth consecutive time Scottrade has received the honor.

The firm serves individual investors who are comfortable making their own investment decisions.

Scottrade is unique in the industry because it boasts very low commission rates while offering easily accessible, local branch office support of online trading in 212 locations nationwide.

Scottrade.com is the online trading site of Scottrade and offers customers the convenience of placing market orders online for just $7 per trade. In addition to its online capabilities, Scottrade staffs each branch location with a licensed branch manager plus additional brokers and assistants.

Customers may place trades assisted by a broker or through the firm’s state-of-the-art electronic order entry and account access systems. Touchtone telephone trading is available 24 hours a day, seven days a week. For the lowest commission rates, customers can trade stocks on the Internet at www.scottrade.com. Scottrade’s trading site offers free Dow Jones Real-Time Streaming News for Investors and real-time streaming quotes and charts. Scottrade also offers a Chinese version of its Web site at http://chinese.scottrade.com.

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