THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

A.G. Edwards, Inc. (AGE)

5/12/2006 Proxy Information

Directors and executive officers of the Company have been clients of and have had brokerage transactions with the Company in the ordinary course of business. Included in such transactions are the maintenance of margin accounts and the extension of credit under Federal Reserve Regulation T. Such transactions were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other clients and did not, and do not, involve more than the normal risk of collectibility or present other unfavorable features.

A son-in-law of Ronald J. Kessler, a director and executive officer, is employed in the Brokerage Company’s Private Client Services group and received total compensation, including incentive compensation, in the 2006 fiscal year of $196,448. An adult child of Robert L. Bagby, a director and Chief Executive Officer, a brother of Gene M. Diederich, an executive officer, and an adult child of Charles J. Galli, an executive officer, are employed as financial consultants of Edwards and received total compensation, including incentive compensation, in the 2006 fiscal year of $187,960, $156,876 and $109,613, respectively. The compensation of each of these family members was established pursuant to, and in accordance with, Brokerage Company’s standard employment practices and compensation structures applicable to other employees with equivalent qualifications and responsibilities and holding similar positions with the Company.

5/13/2005 Proxy Information

Directors and executive officers of the Company have been clients of and have had brokerage transactions with the Company in the ordinary course of business. Included in such transactions are the maintenance of margin accounts and the extension of credit under Federal Reserve Regulation T. Such transactions were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other clients and did not, and do not, involve more than the normal risk of collectibility or present other unfavorable features.

A son-in-law of Ronald J. Kessler, a director and executive officer, is employed in the Company’s Private Client Services group and received total compensation, including incentive compensation, in fiscal year 2005 of $170,796. An adult child of Robert L. Bagby, a director and Chief Executive Officer, and an adult child of Charles J. Galli, an executive officer, are employed as financial consultants of Edwards and received total compensation, including incentive compensation, in fiscal year 2005 of $148,776 and $67,636, respectively. The compensation of each of these family members was established pursuant to, and in accordance with, Edwards’ standard employment practices and compensation structures applicable to other employees with equivalent qualifications and responsibilities and holding similar positions with the Company.

5/13/2004 Proxy Information

Directors and executive officers of the Company have been clients of and have had brokerage transactions with the Company in the ordinary course of business. Included in such transactions are the maintenance of margin accounts and the extension of credit under Federal Reserve Regulation T. Such transactions were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other clients and did not, and do not, involve more than the normal risk of collectibility or present other unfavorable features.

5/13/2003 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.