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Dime Merger Consideration Results Still to Come From Washington Mutual

SEATTLE--(BUSINESS WIRE)--Jan. 10, 2002--As of Jan. 10, 2002, Washington Mutual, Inc. (NYSE:WM) continues to await receipt of the certified figures of the cash election and stock election shares for the Dime merger transaction.

As a result, Washington Mutual continues to work with the transfer agents for the former Dime Bancorp, Inc. and Washington Mutual, and will release the election results when they are available.

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 Sept. 30, 2001, Washington Mutual and its subsidiaries had consolidated assets of $223.64 billion. Washington Mutual currently operates approximately 2,300 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.

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CONTACT: Washington Mutual, Inc.
Libby Hutchinson, 206/461-2484