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Washington Mutual 2003 Second Quarter Earnings Release and Conference Call

SEATTLE--(BUSINESS WIRE)--July 7, 2003--Washington Mutual, Inc. (NYSE:WM) will release the company's 2003 second quarter earnings on Tuesday, July 15, following the close of the New York Stock Exchange.

A conference call to discuss the company's financial results will be held on Wednesday, July 16, 2003, at 10:30 am EDT and will be hosted by Kerry Killinger, chairman, president, and chief executive officer, and Tom Casey, executive vice president and chief financial officer. The conference call is available by telephone or on the Internet.

The telephone number for the conference call is 1-877-546-1566. Participants calling from outside the United States may dial 1-773-756-4600. The passcode "WaMu" is required to access the call. Via the internet, the conference call is available on the Investor Relations portion of the company's web site at www.wamu.com/ir. A transcript of the prepared remarks will be on the company's web site for 30 days following the call.

A recording of the conference call will be available after 1 p.m. EDT on Wednesday, July 16, 2003 through 11:59 p.m. EDT on Friday, July 25. The recorded message will be available at 1-888-566-0617. Callers from outside the United States may dial 1-402-998-0718.

With a history dating back to 1889, Washington Mutual is a national financial services company that provides a diversified line of products and services to consumers and small- to mid-sized businesses. At March 31, 2003, Washington Mutual and its subsidiaries had consolidated assets of $276.97 billion. Washington Mutual currently operates more than 2,500 consumer banking, mortgage lending, commercial banking, consumer finance and financial services offices throughout the nation. Washington Mutual's press releases are available at www.wamu.com.

    CONTACT: Washington Mutual
             Media Contact:
             Alan Gulick, 206/377-3637
             Investor Contacts:
             JoAnn DeGrande, 206/461-3186
             Ruthanne King, 206/461-6421

    SOURCE: Washington Mutual