SEATTLE, Feb. 1, 2012
/PRNewswire/ -- Washington Mutual, Inc. (Pink Sheets:
WAMUQ.PK) ("WMI" or the "Company") and the Official Committee of
Equity Security Holders of Washington Mutual, Inc. ("the Equity
Committee"), in connection with WMI's chapter 11 case and with
respect to the solicitation of approval of the proposed Seventh
Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of
the United States Bankruptcy Code (as has been and may be further
modified, the "Plan"), today announced that they are providing a
recommendation to all holders of WMI common equity securities in
Class 22 who hold their securities through a bank or broker.
SPECIFICALLY, EACH SUCH HOLDER MUST RETURN THEIR BALLOT TO
THEIR BANK OR BROKER.
If you are a holder that holds WMI common equity securities
through a bank or broker, you should NOT send your ballot to
the Debtors' solicitation and tabulation agent, Kurtzman Carson
Consultants, LLC ("KCC"). Your bank or broker must process
your voting/release instructions in order for your votes/releases
to be counted. If you send your ballot to KCC directly, KCC
will not be able to process your votes/releases and you will not be
eligible to receive any distribution under the Plan.
If you have not received a ballot and would like one, please
visit www.kccllc.net/wamu to download one.
If you have already mistakenly sent your completed ballot to
KCC, it will be returned to you by mail as soon as possible.
You may download a replacement ballot at www.kccllc.net/wamu.
If you want your vote to be counted, you must send your
ballot to your bank or broker as soon as possible so that the bank
or broker has sufficient time to provide its voting tally to KCC by
February 9, 2012. DO NOT DELAY
IN RETURNING YOUR BALLOT. If you are late in sending your
ballot back to your bank or broker, but want to ensure that your
release is counted, entitling you to a distribution under
the Plan, then you must return your ballot to your bank or broker
so that the bank or broker has sufficient time to process your
release information and return all ballots to KCC before
February 28, 2012.
Banks and brokers that are voting nominees of beneficial owners
of WMI common equity securities are urged to contact KCC if they
have any questions.
WMI's Plan and Disclosure Statement are available at
www.kccllc.net/wamu. The Plan is subject to confirmation by
the Bankruptcy Court. This press release is not intended as a
solicitation for a vote on the Plan.
SOURCE Washington Mutual, Inc.