Equity Committee Provides Recommendation to Non-U.S. Holders of Washington Mutual, Inc. Stock

SEATTLE, Jan. 13, 2012 /PRNewswire/ -- The Official Committee of Equity Security Holders of Washington Mutual, Inc. announced today that it is providing a recommendation to non-U.S. holders of Washington Mutual, Inc. (Pink Sheets: WAMUQ) ("WMI") of preferred and common stock in order to facilitate the voting process in connection with the proposed Seventh Amended Plan of Reorganization (the "Plan").  The Committee recommends that all non-U.S. stockholders immediately contact their voting nominee (the bank or broker at which the shares are held) to request that the nominee immediately contact WMI's solicitation agent, Kurtzman Carson Consultants, LLC to request electronic receipt of all necessary balloting materials, and instructions on how to properly process responses.  Contact information for Kurtzman Carson Consultants, LLC is as follows:

Kurtzman Carson Consultants, LLC
559 Lexington Ave., 39th Fl.
New York, NY 10022
Telephone:  (917) 281-4800
Fax:  (212) 702-0864
Email:  kccgsgsc@kccllc.com
Contact : Global Securities Group

Note that all ballots must be returned TO THE NOMINEE and NOT Kurtzman Carson Consultants, LLC.  In order for stockholders' votes to be counted in support of (or in opposition to) the Plan, ballots must be received by the nominee in sufficient time to permit the nominee to "block" the positions and return all ballots to WMI's solicitation agent by February 9, 2012 (the "Ballot Deadline").  DO NOT DELAY IN RETURNING YOUR BALLOTS.  Stockholders should allow enough lead time to make sure ballots are received by the nominee well in advance of the Ballot Deadline.  If stockholders fail to return ballots in time to meet the Ballot Deadline, but return ballots without having checked the box opting out of granting the releases set forth in Section 41.6 of the Plan in sufficient time to permit the nominee to "block" the positions and return all ballots to WMI's solicitation agent before February 28, 2012 (the "Release Deadline"), those stockholders will be entitled to receive a distribution under the Plan.  Stockholders who elect to not grant the releases set forth in Section 41.6 of the Plan by checking the "opt out" box on the ballot will NOT receive any distribution under the Plan.

Banks and brokers that are voting nominees of non-US beneficial owners of WMI stock are urged to contact WMI's soliciting agent, Kurtzman Carson Consultants, LLC if they have any questions or need electronic access to a voting ballot. 

 

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