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San Francisco All-Star Jason Schmidt Delivers Strikeouts for Bay Area Kids; More Than $22,000 Raised So Far in Washington Mutual's Ks for Kids Program

SAN FRANCISCO--(BUSINESS WIRE)--June 30, 2006--Washington Mutual (NYSE:WM) has teamed with San Francisco star pitcher Jason Schmidt for "Ks for Kids" -- a fun charitable giving program that benefits Bay Area children.

Throughout the 2006 regular season, Washington Mutual will donate $50 for every strikeout registered by Schmidt and his Orange and Black pitching teammates. As a proud sponsor of Giants baseball on KNBR 680, Washington Mutual's Ks for Kids program is promoted during KNBR's baseball broadcasts and features a series of spots voiced by Schmidt. Each week, the total strikeouts are tallied and announced on the air.

As of the date of this release, some 78 games into the season, San Francisco pitchers have recorded 442 strikeouts including a team record and season high 16 strikeouts by Schmidt, the Ks for Kids spokesman, against the Florida Marlins, raising $22,100 thus far for the Mission YMCA of San Francisco.

At the conclusion of the season, Schmidt will visit the Mission YMCA, this season's Ks for Kids recipient, to meet kids in one of the Y's six afterschool education programs, and to help present the organization with a big check. Washington Mutual's community involvement includes supporting K-12 public education and consumer financial literacy education programs, as well as providing a volunteer program that gives four hours paid time off each month to all full-time WaMu employees to volunteer during the day.

In the Bay Area, WaMu sport-related social marketing programs also include Touchdowns for Tots, which provides a donation for designated Bay Area children's charities for every Oakland Raider and San Francisco 49er touchdown scored during the regular NFL season. The program is also conducted with the Dallas Cowboys.

About Washington Mutual

Washington Mutual is one of the nation's leading consumer and small business banks. At March 31, 2006, Washington Mutual and its subsidiaries had assets of $348.67 billion. The company was established in 1889 and currently operates more than 2,600 consumer and small business banking stores throughout the nation. Washington Mutual's press releases are available at www.wamunewsroom.com.

CONTACT: Washington Mutual
Keith Givens, 415-278-4426 (Media)
keith.givens@wamu.net

SOURCE: Washington Mutual