Pricing Supplement Dated August 26, 1997
(To Prospectus dated November 1, 1996, and
Prospectus Supplement dated November 7, 1996)
The Charles Schwab Corporation
Medium-Term Notes, Series A
(Fixed Rate)
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Trade Date: August 26, 1997 Original Issue Date: August 29, 1997
Principal Amount: $10,000,000 Net Proceeds to Issuer: $9,940,000
Issue Price: 100% Interest Payable: March 1, September 1,
Agent's Discount or Commission: .60% and at maturity
Interest Rate: 6.98% Agent's Capacity: Principal
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Maturity Date: August 30, 2004 X Agent
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Form: X Book-Entry
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Certificated
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Redemption: X The Notes cannot be redeemed prior to maturity
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The Notes may be redeemed prior to maturity
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Initial Redemption Date:
Initial Redemption Price:
Annual Redemption Price Reduction:
Repayment: X The Notes cannot be repaid prior to maturity
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The Notes can be repaid prior to maturity at the
option of the holder of the note
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Repayment Date:
Repayment Price:
Discount Note: Yes X No
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Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Ranking: X Senior Senior Subordinated
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The second paragraph under the caption "Certain United States Federal Income Tax
Consequences" in the Company's Prospectus Supplement dated November 7, 1996 is
hereby amended in its entirety to read as follows:
As used herein, the term "Holder" means the beneficial holder of a Note
(a) that is for United States federal income tax purposes (i) a citizen
or resident of the United States, (ii) a corporation, partnership or
other entity created or organized in or under the laws of the United
States or of any political subdivision thereof, (iii) an estate the
income of which is subject to United States federal income taxation
regardless of its source, or (iv) any trust if (A) a United States court
is able to exercise primary supervision over the administration of the
trust and (B) one or more United States fiduciaries have the authority to
control all substantial decisions of the trust; or (b) whose income from
such Note is treated as effectively connected with such owner's conduct
of the United States trade or business. The term Holder also includes
certain former citizens and certain former long-term residents of the
United States whose interest and gain on the Notes will be subject to
United States federal income taxation.
Goldman, Sachs & Co.
