SEATTLE, Jul 14, 2008 (BUSINESS WIRE) -- Washington Mutual, Inc. (NYSE:WM) "Washington Mutual recently
raised $7.2 billion in capital and its tangible equity to total
tangible assets ratio was 7.8% as of June 30. The company
significantly exceeds all regulatory "well-capitalized" minimums for
depository institutions. In addition, WaMu has current excess
liquidity of more than $40 billion and a national franchise with
approximately $150 billion in retail deposits. The company will
provide a more detailed report on its capital position and liquidity,
as well as the steps it is taking to work through the current
environment, on its July 22 earnings call."

About WaMu

WaMu, through its subsidiaries, is one of the nation's leading
consumer and small business banks. At March 31, 2008, WaMu and its
subsidiaries had assets of $319.67 billion. The company has a history
dating back to 1889 and its subsidiary banks currently operate
approximately 2,500 consumer and small business banking stores
throughout the nation. WaMu's financial reports and news releases are
available at www.wamu.com/ir.

SOURCE: Washington Mutual, Inc.

WaMu Media Contact
Derek Aney, 206-500-6094 or 212-326-6075
derek.aney@wamu.net
or
WaMu Investor Relations Contact
Alan Magleby, 206-500-4148 or 212-702-6955
alan.magleby@wamu.net

Copyright Business Wire 2008