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WaMu Statement on Preliminary Results of 2008 Shareholder Vote

SEATTLE--(BUSINESS WIRE)--April 16, 2008--Washington Mutual (NYSE:WM) issued the following information on the preliminary results of its shareholder vote at the company's annual meeting at which shareholders reelected twelve incumbent directors.

The announced percentages voting in favor are based on preliminary results. The Company will report final vote totals in its second quarter 2008 Form 10-Q. A summary of the preliminary vote tallies is below:

Prop #1 Directors                              For    Withheld
---------------------------------------------------------------
Stephen I. Chazen                              93.73%     6.27%
---------------------------------------------------------------
Stephen E. Frank                               61.05%    38.95%
---------------------------------------------------------------
Kerry K. Killinger                             88.85%    11.15%
---------------------------------------------------------------
Thomas C. Leppert                              94.02%     5.98%
---------------------------------------------------------------
Charles M. Lillis                              59.21%    40.79%
---------------------------------------------------------------
Philip D. Matthews                             69.77%    30.23%
---------------------------------------------------------------
Regina T. Montoya                              73.52%    26.48%
---------------------------------------------------------------
Michael K. Murphy                              73.08%    26.92%
---------------------------------------------------------------
Margaret Osmer McQuade                         60.91%    39.09%
---------------------------------------------------------------
Mary Pugh                                      50.04%    49.96%
---------------------------------------------------------------
William Reed, Jr.                              73.22%    26.78%
---------------------------------------------------------------
Orin Smith                                     94.05%     5.95%
---------------------------------------------------------------
James H. Stever                                57.68%    42.32%
---------------------------------------------------------------
                                               For     Against
---------------------------------------------------------------
Prop #2 Ratify Deloitte & Touche
(Board recommended FOR)                        96.93%     1.50%
---------------------------------------------------------------
Prop #3 Amend 2003 Employee Stock Purchase
 Plan
(Board recommended FOR)                        94.79%     3.84%
---------------------------------------------------------------
Prop #4 Independent Board Chair
(Board recommended AGAINST)                    51.51%    47.16%
---------------------------------------------------------------
Prop #5 Director Election Process
(Board recommended AGAINST)                    42.02%    56.52%
---------------------------------------------------------------

Regarding Broker Voting:

In response to suggestions that certain shareholder votes regarding director elections be excluded from the foregoing count, the company said: "Under stock exchange rules, if shareholders who hold their shares with a broker do not tell the broker how to vote the shares, the broker can vote on the shareholders' behalf. While there have been proposals to change this system, the SEC has not approved any rule changes. All votes at the company's shareholders' meeting were validly cast and will be honored."


    CONTACT: Washington Mutual
             Libby Hutchinson, 206-500-2770
             libby.hutchinson@wamu.net

    SOURCE: Washington Mutual