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Washington Mutual 2002 Fourth Quarter and Annual Earnings Release and Conference Call

SEATTLE--(BUSINESS WIRE)--Jan. 6, 2003--Washington Mutual, Inc. (NYSE:WM) will release the company's 2002 fourth quarter and annual earnings on Tuesday, January 21, 2003, following the close of the New York Stock Exchange.

A conference call to discuss the company's financial results will be held on Wednesday, January 22, 2003, at 10:30 am EST 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 888/391-7808. Participants calling from outside the United States may dial 712/271-0791. 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 1:00 p.m. EST on Wednesday, January 22, 2003 through 11:59 p.m. EST on Friday, January 31. The recorded message will be available at 888/562-7231. Callers from outside the United States may dial 402/220-6031.

With a history dating back to 1889, Washington Mutual (NYSE:WM) 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, 2002, Washington Mutual and its subsidiaries had consolidated assets of $262.61 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 news releases are available at www.wamu.com.

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CONTACT: Washington Mutual
JoAnn DeGrande, 206/461-3186 (Investor Relations)
joann.degrande@wamu.net
or
Ruthanne King, 206/461-6421 (Investor Relations)
ruthanne.king@wamu.net
or
Alan Gulick, 206/377-3637 (Media)
alan.gulick@wamu.net