Fitch Withdraws Washington Mutual Ratings

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has withdrawn its ratings of Washington Mutual, Inc., its subsidiaries and its outstanding debt.

Certain obligations of Washington Mutual Bank, including deposits and covered bonds, were acquired by JPMorgan Chase and remain rated as part of Fitch's coverage of JPMorgan Chase.

Fitch will provide no further analytical coverage of the entities listed below. The ratings are withdrawn as follows:

Washington Mutual Inc.

--Long-term Issuer Default Rating (IDR) 'D';

--Short-term IDR 'D';

--Individual 'F';

--Short-term debt 'D';

--Senior debt 'D/RR4';

--Subordinated debt 'D/RR6';

--Preferred stock 'D/RR6'.

Washington Mutual Bank

--Senior debt 'D/RR5';

--Subordinated debt 'D/RR6';

--Individual 'F'.

Bank United FSB

--Subordinated debt 'D'.

Bank United Corp.

--Subordinated debt 'D'.

Providian Financial Corp

--Senior debt 'D'.

Washington Mutual Preferred Funding (Cayman) I Ltd.

Washington Mutual Preferred Funding Trust I (Delaware)

Washington Mutual Preferred Funding Trust II

Washington Mutual Preferred Funding Trust III

Washington Mutual Preferred Funding Trust IV

--REIT Preferred 'D'.

Washington Mutual Capital I

Providian Capital I

--Trust Preferred 'D'.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.