EELN E-Loan (MM)

E-LOAN to Report Second Quarter Earnings and Host Conference Call on August 9 PLEASANTON, Calif., July 11 /PRNewswire-FirstCall/ -- E-LOAN(R) (NASDAQ:EELN), an online consumer direct lender, will report its second quarter 2005 financial results on Tuesday, August 9, 2005 before the market opens and host a live conference call and webcast on the same day at 7:30 a.m. PT. E-LOAN will make its earnings conference call and webcast available to the general public. The call, hosted by Mark Lefanowicz, Chief Executive Officer and President of E-LOAN, can be accessed by dialing 630-395-0018 and referencing the pass code "E-LOAN." A live webcast of the conference call will be available via the investor relations section of the company's website at http://www.eloan.com/. A replay of the call and webcast will be available after 9:00 a.m. PT on August 9, 2005 until 11:59 p.m. PT on August 16, 2005. The replay of the call may be accessed by dialing 203-369-1279. About E-LOAN E-LOAN(R) is an online consumer direct lender dedicated to providing borrowers with a Radically Simple(SM) way to obtain mortgage loans, car loans and home equity loans. Since its launch in 1997, E-LOAN has drawn upon its pro consumer values to improve the lending experience in revolutionary ways. By eliminating the traditional incentive structure to charge consumers higher rates, giving consumers free access to credit scores and eliminating lender fees, E-LOAN is providing a uniquely open, fair and honest loan process. Protecting consumers' financial privacy is also a paramount concern, prompting E-LOAN to implement industry leading privacy practices and advocate strong consumer financial privacy protection laws. Consumers have recognized E-LOAN's trustworthiness and respect for customers. An independent study conducted by TRUSTe and The Ponemon Institute ranked E-LOAN as one of the top 20 most trusted companies for privacy in America. E-LOAN was the highest ranked online financial services company to make the top 20. In another independent study by The Customer Respect Group, E-LOAN received the overall highest rating in the Online Customer Respect Study of North America's largest financial services firms. From inception through March 31, 2005, E-LOAN has originated and sold over $25.4 billion in consumer loans ranging from interest only and zero down mortgages and cash-out refinancing to home equity lines of credit and car loans. E-LOAN is publicly traded on the Nasdaq National Market under the symbol EELN. To find out more about E-LOAN and its products and services, logon to http://www.eloan.com/ or call 1-888-E-LOAN-22. This news release contains forward-looking statements based on current expectations that involve risks and uncertainties. E-LOAN's actual results may differ from the results described in the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, general conditions in the mortgage and auto industries, interest rate fluctuations, and the impact of competitive products. These and other risk factors are detailed in E-LOAN's periodic filings with the Securities and Exchange Commission. Press & Investor Contact: Tiffany Fox E-LOAN 925-847-6314 DATASOURCE: E-LOAN CONTACT: Tiffany Fox of E-LOAN, +1-925-847-6314, or Web site: http://www.eloan.com/

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