Wilmington Trust, as Indenture Trustee, Appointed to Unsecured Creditors’ Committee in Washington Mutual, Inc. Case

  
    
  
  
    
      Wilmington Trust said today that, in its capacity as indenture trustee, 
      it has been appointed by the United States Trustee to serve as a member 
      of the official unsecured creditors’ committee 
      for holders of approximately $43 million of debt guaranteed by 
      Washington Mutual, Inc., which filed for Chapter 11 protection on 
      September 26, 2008 in the U.S. District Court in Delaware.
    
    
      In this role, Wilmington Trust provides trustee and administrative 
      services for some creditors of Washington Mutual, Inc. Wilmington Trust 
      is paid a fee for these services, which are specified in documents that 
      govern the trust. Wilmington Trust has no credit or investment exposure 
      to Washington Mutual, Inc. in either its loan or investment securities 
      portfolios. Through its Corporate Client Services (CCS) business, 
      Wilmington Trust is a leading provider of institutional trustee, agency, 
      and administrative services.
    
    
      “Our appointment in this case reflects our 
      position as a premier provider of trustee and administrative services 
      for corporate clients,” said Ted T. Cecala, 
      Wilmington Trust’s chairman and chief 
      executive officer. “We receive engagements 
      such as this because, unlike investment banks that perform trustee 
      services, we do not have lending or securities underwriting conflicts of 
      interest. Washington Mutual, Inc.’s bankruptcy 
      filing does not affect our balance sheet or bottom line, and it poses no 
      credit or investment risk to us.”
    
    
      About Wilmington Trust
    
    
      Wilmington Trust Corporation (NYSE:WL) is a financial services holding 
      company that provides Regional Banking services throughout the 
      mid-Atlantic region, Wealth Advisory Services for high-net-worth clients 
      in 36 countries, and Corporate Client Services for institutional clients 
      in 86 countries. Its wholly owned bank subsidiary, Wilmington Trust 
      Company, which was founded in 1903, is one of the largest personal trust 
      providers in the United States and the leading retail and commercial 
      bank in Delaware. Wilmington Trust Corporation and its affiliates have 
      offices in Arizona, California, Connecticut, Delaware, Florida, Georgia, 
      Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New York, 
      Pennsylvania, South Carolina, Vermont, the Cayman Islands, the Channel 
      Islands, London, Dublin, Frankfurt, Luxembourg, and Amsterdam.