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REMINDER/Washington Mutual Launches 'Occasio,' a Cutting-Edge Retail Banking Concept Hillsboro Grand Opening Features WaMoola Madness Machine

--(BUSINESS WIRE)--

    What/
    Where:  Washington Mutual is expanding its hot, new retail banking
            concept with the opening of an "Occasio" branch 
            (Latin for favorable opportunity) in Hillsboro, 
            located at 7320 N.E. Butler St.

            WaMoola Madness Machine:
            To celebrate the grand opening of the new Orenco
            Station Financial Center, Washington Mutual is
            bringing out its popular WaMoola Madness Machine.
            Customers will have an opportunity to grab for cash
            in the phone-booth-like contraption which swirls
            around the money.

            Customers will keep the money they grab and an equal
            amount will be matched and donated to an accredited
            K-12 school of their choice.

            After nearly two years of extensive customer
            research and testing, the Occasio concept was
            developed. Occasio offers an open, welcoming
            environment -- much like a Starbucks or Gap store --
            with customer-centric, high-tech service.

    When:   2 p.m., August 9 (Thursday)

    Who:    Lloyd Goodlett, Washington Mutual regional manager, 
            will be available for interviews.

            Occasio features: Eliminates the high counters,
            buttoned-down clerks found at most banks.Instead,
            kahki-clad concierge greets customers, and teller
            "towers" replace teller windows and automatically
            dispense cash.

--30--MRO/se*

CONTACT: Washington Mutual
Mary Kelley, 206/377-6878
cellular, 206/409-2449