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The Brualdi Law Firm P.C. Announces Class Action Lawsuit Against Washington Mutual, Inc.

NEW YORK, Nov. 16, 2007 (PRIME NEWSWIRE) -- The Brualdi Law Firm P.C. announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Washington Mutual, Inc. ("Company") between October 18, 2006 and November 1, 2007, inclusive (the "Class Period").

No class has yet been certified in the above action. If you are a member of the proposed Class, you may, no later than January 4, 2008, ask the Court to allow you to serve as lead plaintiff for the proposed Class. To serve as a lead plaintiff, you must satisfy certain legal requirements. In making your decision, you should take into account that those with large financial losses resulting from the alleged federal securities law violations are given preference in being appointed lead plaintiff.

To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Tali Leger, Director of Shareholder Relations at The Brualdi Law Firm P.C., 29 Broadway, Suite 2400, New York, New York 10006, by telephone toll free at (877) 495-1877 or (212) 952-0602, by email to tleger@brualdilawfirm.com or visit our website at http://www.brualdilawfirm.com/

The complaint alleges that during the Class Period the Company, and one or more members of its senior management, violated federal securities laws by issuing various materially false and misleading statements that had the effect of artificially inflating the market price of the Company's securities and causing Class members to overpay for the securities.

CONTACT:  The Brualdi Law Firm P.C.
          Tali Leger, Director of Shareholder Relations
          (877) 495-1877
          (212) 952-0602
          tleger@brualdilawfirm.com
          http://www.brualdilawfirm.com/