Sallie Mae 2003 Annual Report Download - page 23

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Price Range of Common Stock
SLM Corporation common stock trades on the New York Stock Exchange
under the symbol SLM. The following table sets forth the high and low sale
prices for the Company’s common stock for each full quarterly period in the
two most recent fiscal years:
Common Stock Prices
1ST 2ND 3RD 4TH
QUARTER QUARTER QUARTER QUARTER
2003 High $37.72 $42.92 $42.42 $40.11
Low 33.73 36.32 37.88 35.70
2002 High $33.08 $33.28 $33.02 $35.65
Low 25.67 30.10 26.58 30.87
The Company paid regular quarterly dividends of $.07 per share on the com-
mon stock for the first three quarters of 2002, $.08 for the fourth quarter of
2002 and the first quarter of 2003 and $.17 for the last three quarters of
2003 and for the first quarter of 2004.
In May 2003, the Company announced a three-for-one stock split of the
Company’s common stock to be effected in the form of a stock dividend.
The additional shares were distributed in June 2003. All share and per share
amounts presented have been retroactively restated for the stock split.
Stockholders’ equity has been restated to give retroactive recognition to the
stock split for all periods presented, by reclassifying from additional paid-in-
capital to common stock, the par value of the additional shares issued as a
result of the stock split.
SLM Corporation Annual Meeting
The annual meeting of shareholders will be held on Thursday, May 13, 2004,
at 11:00 a.m. EDT, at the Sallie Mae headquarters office, 11600 Sallie Mae Drive,
Reston, VA 20193.
The Company’s 2003 Form 10-K, as filed with the Securities and Exchange
Commission, has been mailed to shareholders of record as of March 15, 2004,
together with this Annual Report. Shareholders also may obtain without
charge a copy of the Company’s 2003 Form 10-K by writing to the Investor
Relations department or by visiting our Web site at www.salliemae.com. The
Form 10-K includes, among other things, the following items:
• Management’s discussion and analysis of financial condition and results
of operations.
• Financial statements and the related notes, including consolidated,
audited balance sheets as of December 31, 2003 and 2002, and
consolidated, audited statements of income, changes in stockholders’
equity and cash flows, for the fiscal years ended December 31, 2001–2003.
• A description of the Company’s business.
Corporate Information
Sallie Mae Headquarters
11600 Sallie Mae Drive
Reston, VA 20193
www.salliemae.com
Investor Relations
Steve McGarry
Managing Director
703-810-7746
By facsimile: 703-810-5074
Corporate Secretary
Mary F. Eure
Vice President
703-810-7785
By facsimile: 703-810-6005
Stock Transfer Agent
The Bank of New York
Shareholder Relations
P.O. Box 11258
Church Street Station
New York, NY 10286-1258
800-524-4458
www.stockbny.com
Independent Public Accountants
Pricewaterhouse Coopers LLP
McLean, VA 22102-3811
www.pwc.com
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