SEATTLE--(BUSINESS WIRE)--Jan. 3, 2007--Washington Mutual, Inc.
(NYSE:WM) announced today that it has completed the transaction with
the Principal Financial Group(R) for the sale of the capital stock of
WM Advisors, Inc. -- investment manager of the WM Group of Funds --
and its subsidiaries. The transaction was completed on December 31,
WaMu will provide more information during its fourth quarter
earnings release and conference call with investors on January 17.
About Washington Mutual
Washington Mutual, through its subsidiaries, is one of the
nation's leading consumer and small business banks. At September 30,
2006, Washington Mutual and its subsidiaries had assets of $348.88
billion. The company has a history dating back to 1889 and its
subsidiary banks currently operate more than 2,600 consumer and small
business banking stores throughout the nation. Washington Mutual's
press releases are available at http://newsroom.wamu.com.
CONTACT: Washington Mutual
Alan Gulick, 206-500-2760
Investor Relations Contact:
New York Office: 212-702-6955
Seattle Office: 206-500-4148
SOURCE: Washington Mutual, Inc.