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News Release

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Tickle Capone's Funny Bone and Win a $15 iTunes(R) Gift Card!!

--(BUSINESS WIRE)--Washington Mutual (NYSE:WM):

WHAT:   Capone, host of WaMu's Apollo Amateur Night and notorious
        funnyman, will meet and greet fans at WaMu's retail banking
        store in the heart of Harlem.

        The first 50 people to tell him a clean joke and make him
        laugh will win a pre-paid iTunes(R) gift card, valued at $15.

WHEN:   Saturday, June 28th from 1:30 p.m. to 3:00 p.m.

WHERE:  Washington Mutual Harlem Financial Center

        125th Street and Lenox Avenue in New York City

WHY:    An event to celebrate Washington Mutual's collaboration with
        the historic Apollo Theatre in Harlem. WaMu is the first title
        rights sponsor of Apollo Amateur Night in 74 years. WaMu's
        Apollo Amateur Night showcases new talent at the Apollo each
        week, in keeping with its long-standing tradition. WaMu is
        thrilled to partner with this world renowned venue and show,
        and welcomes New Yorkers to meet the beloved comedian.

    --  "Man on the street" interviews/photos of Capone fans lined up
        in front of the branch along Lenox Avenue

    --  Interviews/photos with Capone, fans, winners with their gift
        cards and WaMu officials

    --  Photos of fans getting dismissed by Capone if they fail to
        make him laugh


Washington Mutual, through its subsidiaries, is one of the nation's leading consumer and small business banks. At March 31, 2008, Washington Mutual and its subsidiaries had assets of $319.67 billion. The company has a history dating back to 1889 and its subsidiary banks currently operate approximately 2,500 consumer and small business banking stores throughout the nation. WaMu's news releases are available at http://newsroom.wamu.com.

iTunes is a registered trademark of Apple Inc.

    CONTACT: Washington Mutual
             Lisa Friedman, 212-326-6059 (office)
             917-626-8378 (cell)
             Apollo Theatre
             Gary Kane, 212-531-5375 (office)

    SOURCE: Washington Mutual