WaMu Statement on Preliminary Results of 2008 Shareholder Vote

SEATTLE--(BUSINESS WIRE)--Washington Mutual (NYSE:WM) issued the following information on the preliminary results of its shareholder vote at the company's annual meeting at which shareholders reelected twelve incumbent directors.

The announced percentages voting in favor are based on preliminary results. The Company will report final vote totals in its second quarter 2008 Form 10-Q. A summary of the preliminary vote tallies is below:

Prop #1 Directors	For	Withheld
Stephen I. Chazen	93.73%	6.27%
Stephen E. Frank	61.05%	38.95%
Kerry K. Killinger	88.85%	11.15%
Thomas C. Leppert	94.02%	5.98%
Charles M. Lillis	59.21%	40.79%
Philip D. Matthews	69.77%	30.23%
Regina T. Montoya	73.52%	26.48%
Michael K. Murphy	73.08%	26.92%
Margaret Osmer McQuade	60.91%	39.09%
Mary Pugh	50.04%	49.96%
William Reed, Jr.	73.22%	26.78%
Orin Smith	94.05%	5.95%
James H. Stever	57.68%	42.32%
	For	Against
Prop #2 Ratify Deloitte & Touche (Board recommended FOR)	96.93%	1.50%
Prop #3 Amend 2003 Employee Stock Purchase Plan (Board recommended FOR)	94.79%	3.84%
Prop #4 Independent Board Chair (Board recommended AGAINST)	51.51%	47.16%
Prop #5 Director Election Process (Board recommended AGAINST)	42.02%	56.52%

Regarding Broker Voting:

In response to suggestions that certain shareholder votes regarding director elections be excluded from the foregoing count, the company said: “Under stock exchange rules, if shareholders who hold their shares with a broker do not tell the broker how to vote the shares, the broker can vote on the shareholders’ behalf. While there have been proposals to change this system, the SEC has not approved any rule changes. All votes at the company’s shareholders’ meeting were validly cast and will be honored.”