optionsXpress(R) Appoints Paul Eppen Chief Marketing Officer

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optionsXpress Holdings, Inc. (Nasdaq:OXPS) today announced that Paul E. Eppen has been named Chief Marketing Officer, effective immediately. In this newly created position, Mr. Eppen will be responsible for leading the marketing and branding efforts of all optionsXpress businesses, including brokersXpress, international and futures.

We are confident that Paul's insights into educational offerings, along with his proven skills in integrated marketing, will serve to strengthen the optionsXpress brand, drive new account growth and deliver strong returns on our marketing spending.

    Eppen joins optionsXpress from DeVry Inc., where as Senior Vice President and Chief Marketing Officer he helped turn around sales and then create sustained growth for one of the nation's largest for-profit education companies.

"Paul Eppen is an innovative, results-driven marketing professional, with over 10 years of experience as a senior marketing officer at top-tier consumer service companies," said David Kalt, Chief Executive Officer of optionsXpress. "We are confident that Paul's insights into educational offerings, along with his proven skills in integrated marketing, will serve to strengthen the optionsXpress brand, drive new account growth and deliver strong returns on our marketing spending."

"In addition to its passion and focus on investor education, now is an exciting time to join optionsXpress due to compelling industry dynamics, rapid growth and the unique business opportunities created by its platform," said Eppen. "Combined with a constant stream of innovative new tools to make the investing experience more enjoyable and intuitive, I believe optionsXpress is truly a leader in the industry. I look forward to doing my part to build on that success."

About optionsXpress Holdings, Inc.

optionsXpress Holdings, Inc., a pioneer in equity options and futures trading, offers an innovative suite of online brokerage services for investor education, strategy evaluation and trade execution. optionsXpress Holdings subsidiaries include optionsXpress, Inc., a retail online brokerage specializing in options and futures, and brokersXpress, LLC, an online trading and reporting platform for independent investment professionals. Barron's named optionsXpress the number one online broker for four years in a row (2003 to 2006) and Kiplinger's Personal Finance named it the top discount broker in 2006. More information can be found in the Investor Relations section of optionsXpress' website at http://www.optionsxpress.com/investor.

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This press release may contain forward-looking statements. These statements relate to future events or our future financial performance and involve known and unknown risks. We urge you to carefully consider these risks in evaluating the information in this press release, including risks related to general economic conditions, regulatory developments, the competitive landscape, the volume of securities trading generally or by our customers specifically and other risks described in our filings with the Securities and Exchange Commission. In some cases, you can identify forward- looking statements by terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of these terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially. The forward-looking statements made in this press release relate only to events as of the date of this release. We undertake no ongoing obligation to update these statements.

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