Employee Stock Purchase Plan:
The Employee Stock Purchase Plan provides eligible employees with the opportunity to purchase Countrywide common stock at a discount through after-tax payroll deductions.

401(k) Plan:
The Countrywide 401(k) Savings and Investment Plan allows eligible employees, age 21 and older to begin investing for retirement immediately upon hire.  Eligible employees can contribute up to 40% of their pay (pre-tax) in any of the 21 investments available.  After one year of employment, Countrywide makes a matching contribution equal to 50% of the first 6% contributed.  Matching contributions are made with Countrywide common stock.  Company contributions are subject to a five-year vesting schedule.

If you are hired on or after January 1, 2006, the Plan also provides for a discretionary annual Company contribution of 2% of eligible pay after one year of service.  The contribution can be invested in any of the funds available in the 401(k) Plan and has a five-year vesting schedule.

Employee Stock Option Plan:
Countrywide may grant discretionary stock options to eligible employees using a variety of criteria, such as length of service, job level and salary.

.