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WANTED: Goofiest, Most Unusual, or Otherwise Unwanted Holiday Gifts in Exchange for a $100 WaMu MasterCard(R) Gift

--(BUSINESS WIRE)--Washington Mutual:

WHAT:  Washington Mutual is helping break the cycle of bad gift giving
       this holiday season by inviting the public to join us for an
       opportunity to exchange their unwanted gifts -- the gifts that
       will be re-gifted, used as a "white elephant" gift, or will
       never be taken out of the closet -- for a $100 WaMu
       MasterCard(R) Gift Card. Unlike a merchant's gift card, the
       WaMu gift card can be used anywhere in the U.S. where
       MasterCard(R) debit cards are accepted.

WHEN:  Friday, November 30
       7 a.m.

WHERE: WaMu Center
       1301 Second Avenue

WHY:   GREAT VISUAL -- A long line of people, waiting to exchange
       their craziest unwanted gifts, for a $100 Washington Mutual
       MasterCard(R) Gift Card.

       GREAT STORIES -- Find out the story behind the gifts that
       people receive; you're guaranteed not to be disappointed.

       THE STATS -- According to the National Retail Federation, this
       holiday season, retailers can expect to see a surge in gift
       card sales. The fifth annual gift card survey found that gift
       card sales will total $26.3 billion this holiday season. This
       marks a significant increase over 2006 sales, with gift cards
       sales accounting for $24.8 billion. The study also notes that
       the average consumers will spend $122.59 on gift cards this
       year, vs. $116.51 in 2006. (NOTE: "Gift Card Sales More Popular
       Than Ever". National Retail Federation News Release,
       November 13, 2007).
CONTACT: Washington Mutual
Darcy Donahoe-Wilmot, 206-500-2828
Mobile: 425-444-2500

SOURCE: Washington Mutual