Company Profile For Washington Mutual, Inc.

Washington Mutual, Inc. (Washington Mutual) is a consumer and small business banking company with operations in United States markets. The Company is a savings and loan holding company. It owns two banking subsidiaries, Washington Mutual Bank (WMB) and Washington Mutual Bank fsb (WMBfsb), as well as numerous non-bank subsidiaries. The Company operates in four segments: the Retail Banking Group, which operates a retail bank network of 2,257 stores in California, Florida, Texas, New York, Washington, Illinois, Oregon, New Jersey, Georgia, Arizona, Colorado, Nevada, Utah, Idaho and Connecticut; the Card Services Group, which operates a nationwide credit card lending business; the Commercial Group, which conducts a multi-family and commercial real estate lending business in selected markets, and the Home Loans Group, which engages in nationwide single-family residential real estate lending, servicing and capital markets activities. In September 2008, it filed for Chapter 11 bankruptcy.

BRIEF: For the six months ended 30 June 2008, Washington Mutual, Inc.'s interest income decreased 10% to $8.8M. Net interest loss after loss loan provision totaled $5M vs. an income of $3.5M. Net loss appli. to Common totaled $7.9M vs. an income of $1.6M. Net interest loss reflect a lower income from loan held on sales and an increase in provision for loan losses. Net loss reflects a higher occupancy & equipment expenses.