SCHEDULE
14A INFORMATION
Proxy
Statement Pursuant to Section 14(a) of
the
Securities Exchange Act of 1934
Filed
by
the Registrant x
Filed
by a
Party other than the Registrant o
Check
the appropriate box:
| o |
Preliminary
Proxy Statement
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| o |
Confidential,
for Use of the Commission only (as permitted by Rule
14a-6(e)(2))
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| o |
Definitive
Proxy Statement
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| o |
Definitive
Additional Materials
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| x |
Soliciting
Material Pursuant to Rule
14a-12
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SLM
Corporation
(Name
of
Registrant as Specified in its Charter)
(Name
of
Person(s) Filing Proxy Statement, if other than the Registrant)
Payment
of Filing Fee (Check the appropriate box):
| x |
No
fee required.
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| o |
Fee
computed on table below per Exchange Act Rules 14a-6(i)(1) and
0-11.
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(1)
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Title
of each class of securities to which transaction
applies:
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(2)
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Aggregate
number of securities to which transaction applies:
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(3)
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Per
unit price or other underlying value of transaction computed pursuant
to
Exchange Act Rule 0-11 (set forth the amount on which the filing
fee is
calculated and state how it was determined):
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(4)
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Proposed
maximum aggregate value of transaction:
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(5)
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Total
fee paid:
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| o |
Fee
paid previously with preliminary materials.
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| o |
Check
box if any part of the fee is offset as provided by Exchange Act
Rule
0-11(a)(2) and identify the filing for which the offsetting fee
was paid
previously. Identify the previous filing by registration statement
number,
or the Form or Schedule and the date of its filing.
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(1)
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Amount
Previously Paid:
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(2)
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Form,
Schedule or Registration Statement No.:
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(3)
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Filing
Party:
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(4)
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Date
Filed:
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N
E W S R E L E A S
E
|
| FOR IMMEDIATE RELEASE | Investor Contact: | Media Contact: |
| Steve McGarry | Tom Joyce | |
| 703/984-6746 | 703/984-5610 | |
| Joe Fisher | Martha Holler | |
| 703/984-5755 | 703/984-5178 |
SLM
CORPORATION TO CANCEL SCHEDULED 2007 FIRST-QUARTER
EARNINGS
CALL ON APRIL 24
RESTON,
Va., April 18, 2007
- SLM
Corporation (NYSE: SLM), commonly known as Sallie Mae, today announced
that it
will release its 2007 first-quarter earnings package prior to the opening
of
U.S. stock markets on Tuesday, April 24, 2007. Sallie Mae management will
not be
conducting the previously scheduled conference call for shareholders and
analysts due to the recently announced acquisition of the company.
The
company intends to continue to file detailed financial disclosures up to
and
after the closing of the recently announced agreement related to the acquisition
of the company.
***
IMPORTANT
ADDITIONAL INFORMATION REGARDING THE MERGER WILL BE FILED WITH THE
SEC:
In
connection with the proposed merger, the Company will file a proxy statement
with the Securities and Exchange Commission (the “SEC”). INVESTORS AND SECURITY
HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE
BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER AND THE
PARTIES
TO THE MERGER. Investors and security holders may obtain a free copy of
the
proxy statement (when available) and other relevant documents filed with
the SEC
from the SEC’s website at http://www.sec.gov. The Company's security holders and
other interested parties will also be able to obtain, without charge, a
copy of
the proxy statement and other relevant documents (when available) by directing
a
request by mail or telephone to Investor Relations, SLM Corporation,
12061
Bluemont Way, Reston, Va. 20190,
telephone (703)
984-6746,
or from
the Company’s Web site, http://www.salliemae.com.
The
Company and its directors, executive officers and other members of its
management and employees may be deemed to be participants in the solicitation
of
proxies from the Company’s shareholders with respect to the Merger. Information
about the Company’s directors and executive officers and their ownership of the
Company’s common stock is set forth in the proxy statement for the Company’s
2007 Annual Meeting of Shareholders, which was filed with the SEC on April
9,
2007. Shareholders and investors may obtain additional information regarding
the
interests of the Company and its directors and executive officers in the
Merger,
which may be different than those of the Company’s shareholders generally, by
reading the proxy statement and other relevant documents regarding the
Merger,
which will be filed with the SEC.
***
SLM
Corporation
(NYSE:
SLM), commonly known as Sallie Mae, is the nation’s leading provider of saving-
and paying-for-college programs. The company manages $142 billion in education
loans and serves nearly 10 million student and parent customers. Through
its
Upromise affiliates, the company also manages $15 billion in 529 college-savings
plans, and assists 7.5 million members with automatic savings through rebates
on
everyday purchases. Sallie Mae and its subsidiaries offer debt management
services as well as business and technical products to a range of business
clients, including higher education institutions, student loan guarantors
and
state and federal agencies. More information is available at www.salliemae.com.
SLM
Corporation and its subsidiaries are not sponsored by or agencies of the
United
States of America.
#
#
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Sallie
Mae ·
12061 Bluemont Way ·
Reston, Virginia 20190 ·
www.salliemae.com