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ADVISORY/Washington Mutual Celebrates a Decade of FREE CHECKING; Rodeo Grandmas Ride into Town to Usher in Next Decade

--(BUSINESS WIRE)--Washington Mutual (NYSE:WM):

WHEN:

Monday, September 13, 12:00 p.m. to 12:30 p.m.

WHERE:

Westlake Center (near flagship Starbucks)

WHAT:

The year was 1994. Forrest Gump won an Academy Award for Best Picture
and Celine Dion topped the charts with her No.1 pop song, The Power of
Love. 1994 also marked the debut of Washington Mutual's Free Checking
which has since helped inspire a nationwide trend. To help commemorate
this milestone, Washington Mutual is celebrating a Decade of FREE
CHECKING.

In addition to Free Checking, 1994 also launched the career of four
Ellensburg cowgirls. This foursome, who are also grandmas, today range
in age from 67-92. They quickly roped in the title of the Rodeo
Grandmas when they appeared in a series of Washington Mutual
commercials as part of the company's Free Checking ad campaign. As
part of Monday's celebration, the Rodeo Grandmas will once again ride
into town with a crowd-pleasing demonstration -- including trick
roping and yodeling -- reminiscent of their Old West commercials.

WHO:

Bob Bond, retail bank division manager at Washington Mutual

The Washington Mutual Rodeo Grandmas:
    Chloe Weidenbach(a), 68 years-old
    Janis Anderson, 67 years-old
    Peggy Minor Hunt, 77 years-old
    Lorraine Plass, 92 years-old

(a) Editor's note: Weidenbach replaced one of the original Rodeo
    Grandmas, Judy Galladay, after she passed away in 1998. Weidenbach
    is the daughter of Rodeo Grandma Lorraine Pass

WHY:

In the past 10 years, competitors have followed Washington Mutual's
lead. Seattle could be called the "epicenter" for Free Checking, since
Washington Mutual was one of the first banks to offer Free Checking
and has since "inspired" the trend on a national level, most recently
influencing markets such as New York and Chicago.

    CONTACT: Washington Mutual
             Darcy Donahoe-Wilmot, 206-377-3635 (work)
             425-444-2500 (cell)
             Olivia Riley, 206-377-3636 (work)
             206-280-5017 (cell)

    SOURCE: Washington Mutual