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               <td width="50%"><b><font face="Times New Roman" size="1">As filed
                    with the Securities and Exchange Commission on June 30, 2003</font></b></td>
               <td width="25%">
                    <p align="right"><b><font face="Times New Roman" size="1">Registration
                    No. 333-<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></b></td>
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     <p align="center"><b><font face="Times New Roman" size="1">SECURITIES AND
     EXCHANGE COMMISSION<br />
     Washington, D.C.&nbsp; 20549</font></b></p>
     <p align="center"><b><font face="Times New Roman" size="1">FORM S-8<br />
     REGISTRATION STATEMENT<br />
     UNDER<br />
     THE SECURITIES ACT OF 1933</font></b></p>
     <p align="center"><b><font size="1"><u><font face="Times New Roman">WASHINGTON
     MUTUAL, INC.<br />
     </font></u><font face="Times New Roman">(Exact Name of Registrant as
     Specified in Its Charter)</font></font></b></p>
     <p align="center"><b><font size="1"><u><font face="Times New Roman">Washington<br />
     </font></u><font face="Times New Roman">(State or Other Jurisdiction<br />
     of Incorporation or Organization)</font></font></b></p>
     <p align="center"><b><font size="1"><u><font face="Times New Roman">91-1653725<br />
     </font></u><font face="Times New Roman">(I.R.S. Employer Identification
     No.)</font></font></b></p>
     <div align="center">
          <center>
          <table border="0" width="66%" cellpadding="0">
               <tr>
                    <td width="62%" align="center"><u><font face="Times New Roman" size="1"><b>1201
                         Third Avenue, Suite 1500, Seattle, Washington</b></font></u></td>
                    <td width="38%" align="center"><u><font face="Times New Roman" size="1"><b>&nbsp;&nbsp;&nbsp;98101&nbsp;&nbsp;</b></font></u></td>
               </tr>
               <tr>
                    <td width="62%" align="center"><font face="Times New Roman" size="1"><b>(Address
                         of Principal Executive Offices</b></font></td>
                    <td width="38%" align="center"><font face="Times New Roman" size="1"><b>(Zip
                         Code)</b></font></td>
               </tr>
          </table>
          </center>
     </div>
     <p align="center"><b><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
     <u>Washington Mutual, Inc. 2003 EQUITY INCENTIVE PLAN<br>
     WASHINGTON MUTUAL, INC. EMPLOYEE STOCK PURCHASE PLAN<br>
     </u>(Full Title of the Plan)</font></b></p>
     <p align="center"><b><font face="Times New Roman" size="1">Fay L. Chapman,
     Esq.<br />
     Washington Mutual, Inc.<br />
     1201 Third Avenue, Suite 1500<br />
     <u>Seattle, WA&nbsp; 98101<br />
     </u>(Name and Address of Agent for Service)</font></b></p>
     <p align="center"><b><font size="1"><u><font face="Times New Roman">(206)
     461-2000<br />
     </font></u><font face="Times New Roman">(Telephone Number, Including Area
     Code, of Agent for Service)</font></font></b></p>
     <p align="center"><font face="Times New Roman" size="1">With a copy to:<br />
     <br>
     <b>David R. Wilson, Esq.<br />
     Heller Ehrman White &amp; McAuliffe LLP<br />
     701 5th Avenue, Suite 6100<br />
     Seattle, WA&nbsp; 98104-7098</b></font></p>
     <hr>
     <p align="center"><b><font face="Times New Roman" size="1">CALCULATION OF
     REGISTRATION FEE</font></b></p>
     <div align="center">
          <center>
          <table border="0" cellspacing="0" cellpadding="0">
               <tr>
                    <td valign="bottom">
                         <p align="center"><b><font face="Times New Roman" size="1">Title
                         of<br />
                         Securities<br />
                         To Be Registered</font></b></p>
                    </td>
                    <td valign="bottom">
                         <p align="center"><b><font face="Times New Roman" size="1">Amount
                         To Be<br />
                         Registered(1)</font></b></p>
                    </td>
                    <td valign="bottom">
                         <p align="center"><b><font face="Times New Roman" size="1">Proposed
                         Maximum<br />
                         Offering Price<br />
                         Per Share(2)</font></b></p>
                    </td>
                    <td valign="bottom">
                         <p align="center"><b><font face="Times New Roman" size="1">Proposed<br />
                         Maximum<br />
                         Aggregate<br />
                         Offering Price(2)</font></b></p>
                    </td>
                    <td valign="bottom">
                         <p align="center"><b><font face="Times New Roman" size="1">Amount
                         of<br />
                         Registration<br />
                         Fee(3)</font></b></p>
                    </td>
               </tr>
          </center>
          <tr>
               <td valign="top" bgcolor="#00FFFF">
                    <p align="left"><font face="Times New Roman" size="1">Common
                    Stock, no par value, under the<br>
                    2003 Equity Incentive Plan</font></p>
               </td>
               <center>
               <td valign="top" bgcolor="#00FFFF">
                    <p align="center"><font face="Times New Roman" size="1">84,780,000
                    shares(3)</font></p>
               </td>
               <td valign="top" bgcolor="#00FFFF">
                    <p align="center"><font face="Times New Roman" size="1">$41.54</font></p>
               </td>
               <td valign="top" bgcolor="#00FFFF">
                    <p align="center"><font face="Times New Roman" size="1">$3,521,761,200(3)</font></p>
               </td>
               <td valign="top" bgcolor="#00FFFF"><font face="Times New Roman" size="1">&nbsp;</font></td>
               </tr>
          </center>
          <tr>
               <td valign="top">
                    <p align="left"><font face="Times New Roman" size="1">Common
                    Stock, no&nbsp; par value, under the<br>
                    2002 Employee Stock Purchase Plan</font></p>
               </td>
               <center>
               <td valign="top">
                    <p align="center"><font face="Times New Roman" size="1">4,000,000
                    shares</font></p>
               </td>
               <td valign="top">
                    <p align="center"><font face="Times New Roman" size="1">$41.54</font></p>
               </td>
               <td valign="top">
                    <p align="center"><font face="Times New Roman" size="1">$175,560,000</font></p>
               </td>
               <td valign="top"></td>
               </tr>
          </center>
          <tr>
               <td valign="top" bgcolor="#00FFFF">
                    <p align="left"><font face="Times New Roman" size="1">Total
                    Shares</font></p>
               </td>
               <center>
               <td valign="top" bgcolor="#00FFFF">
                    <p align="center"><font face="Times New Roman" size="1">88,780,000
                    shares</font></p>
               </td>
               <td valign="top" bgcolor="#00FFFF">
                    <p align="center"><font face="Times New Roman" size="1">$41.54</font></p>
               </td>
               <td valign="top" bgcolor="#00FFFF">
                    <p align="center"><font face="Times New Roman" size="1">$3,897,321,200</font></p>
               </td>
               <td valign="top" bgcolor="#00FFFF">
                    <p align="center"><font face="Times New Roman" size="1">$111,154.19</font></p>
               </td>
               </tr>
          </table>
          </center>
     </div>
     <p><font face="Times New Roman" size="1">(1) Includes such indeterminate
     number of shares of common stock as may from time to time be issued upon
     conversion or exchange of debt securities, preferred stock or depositary
     shares registered hereunder, to the extent any of such securities are, by
     their terms, convertible into common stock. Also includes associated
     &quot;rights&quot; to purchase shares of Registrant's common stock which
     are not currently separable from the shares of Registrant's common stock
     and are not currently exercisable</font></p>
     <p><font face="Times New Roman" size="1">(2) Estimated solely for the
     purpose of calculating the amount of the registration fee pursuant to Rule
     457(h)(1) promulgated under the Securities Act 1933, as amended (the
     &quot;Securities Act&quot;). The price per share and aggregate offering
     price are based upon the average of the closing sales price of the
     Registrant's common stock as reported on the New York Stock Exchange for
     June 27, 2003.</font></p>
     <p><font face="Times New Roman" size="1">(3)&nbsp; Includes 55,745,000
     shares being carried forward from Registration Statements
     No.&nbsp;333-40928, 333-69503 and 333-74646 for which a filing fee has been
     paid. Pursuant to Rule&nbsp;429(b) of the Securities Act of 1933, the
     prospectus filed as a part of this Registration Statement will be used as a
     combined prospectus in connection with this Registration Statement and
     Registration Statements No.&nbsp;333-40928, 333-69503 and 333-74646.&nbsp;
     Accordingly, the filing fee is based on the registration of 33,035,000
     shares recently authorized under the Plans that have not been previously
     registered.&nbsp; 33,035,000 times $41.54 equals maximum aggregate offering
     price of $1,372,273,900, which computes to a filing fee of $111,154.19.</font></p>
     <p>&nbsp;</p>
     <hr>
</div>
<font face="Times New Roman" size="1"><br clear="all" />
</font>
<div>
     <p align="center"><font face="Times New Roman" size="1">PART II<br>
     <br>
     INFORMATION REQUIRED IN THE REGISTRATION<br>
     STATEMENT</font></p>
     <p><b><font face="Times New Roman" size="1">Item 3.&nbsp; Incorporation of
     Documents by Reference.</font></b></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp; The following
     documents filed by Washington Mutual, Inc. (the &quot;Registrant&quot;)
     with the Securities and Exchange Commission are incorporated by reference
     into this Registration Statement:</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;
     (a)&nbsp;&nbsp;&nbsp; Annual Report on Form 10-K for the year ended
     December 31, 2002;</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;
     (b)&nbsp;&nbsp;&nbsp; Quarterly Report on Form 10-Q for the three months
     ended March 31, 2003;</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;
     (c)&nbsp;&nbsp;&nbsp; Current Report on Form 8-K filed on March 12, 2003;</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;
     (d)&nbsp;&nbsp;&nbsp; The description of the Registrant's common stock
     contained in the Registrant's Registration Statement on Form 8-A, filed on
     December 3, 1998 under Section 12(b) of the Securities Exchange Act of
     1934, as amended (the &quot;Exchange Act&quot;) including any amendments or
     reports filed for the purposes of updating such description; and</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;
     (e)&nbsp;&nbsp;&nbsp; The description of the Registrant's Shareholder
     Rights Plan contained in the Registration Statement on Form 8-A filed on
     January 8, 2001 under Section 12(b) of the Exchange Act, including any
     amendments or reports filed for the purpose of updating such description.</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp; All documents
     subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14
     or 15(d) of the Exchange Act, prior to the filing of a post-effective
     amendment which indicates that all securities offered have been sold or
     which deregisters all securities then remaining unsold, shall be deemed to
     be incorporated by reference herein and to be part hereof from the date of
     filing of such documents.</font></p>
     <p><b><font face="Times New Roman" size="1">Item 4.&nbsp; Description of
     Securities.</font></b></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp; Not Applicable</font></p>
     <p><b><font face="Times New Roman" size="1">Item 5.&nbsp; Interests of
     Named Experts and Counsel.</font></b></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp; The legality of
     the securities offered by this prospectus will be passed upon by Heller
     Ehrman White&nbsp;&amp; McAuliffe LLP, Seattle, Washington. As of
     January&nbsp;1, 2003, Heller Ehrman White&nbsp;&amp; McAuliffe LLP and
     individual attorneys at the firm who participated in this transaction owned
     an aggregate of 12,393 shares of the Registrant's common stock.</font></p>
     <p><b><font face="Times New Roman" size="1">Item 6.&nbsp; Indemnification
     of Directors and Officers.</font></b></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;
     Section&nbsp;23B.08.320 of the Washington Business Corporation Act (the
     &quot;Corporation Act&quot;) provides that the personal liability of
     directors to a corporation imposed by Section&nbsp;23B.08.310 of the
     Corporation Act may be eliminated by the articles of incorporation of the
     corporation, except in the case of acts or omissions involving certain
     types of conduct. At Article&nbsp;XIII of its Restated Articles of
     Incorporation, the Registrant has elected to eliminate the liability of
     directors to the Registrant to the extent permitted by law. Thus, a
     director of the Registrant is not personally liable to the Registrant or
     its shareholders for monetary damages for conduct as a director, except for
     liability of a director (i)&nbsp;for acts or omissions that involve
     intentional misconduct by the director or a knowing violation of law by the
     director, (ii)&nbsp;for conduct violating Section&nbsp;23B.08.310 of the
     Corporation Act, or (iii)&nbsp;for any transaction from which the director
     will personally receive a benefit in money, property or services to which
     the director is not legally entitled. If Washington law is amended to
     authorize corporate action that further eliminates or limits the liability
     of directors, then the liability of the Registrant's directors will be
     eliminated or limited to the fullest extent permitted by Washington law, as
     so amended.</font></p>
     <p align="center"><font face="Times New Roman" size="1">3</font></p>
     <hr>
     <p>&nbsp;</p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;
     Section&nbsp;23B.08.560 of the Corporation Act provides that if authorized
     by (i)&nbsp;the articles of incorporation, (ii)&nbsp;a bylaw adopted or
     ratified by the shareholders, or (iii)&nbsp;a resolution adopted or
     ratified, before or after the event, by the shareholders, a corporation
     will have the power to indemnify directors made party to a proceeding, or
     to obligate itself to advance or reimburse expenses incurred in a
     proceeding, without regard to the limitations or indemnification contained
     in Section&nbsp;23B.08.510 through 23B.08.550 of the Corporation Act,
     provided that no such indemnity shall indemnify any director (i)&nbsp;for
     acts or omissions that involve intentional misconduct by the director or a
     knowing violation of law by the director, (ii)&nbsp;for conduct violating
     Section&nbsp;23B.08.310 of the Corporation Act, or (iii)&nbsp;for any
     transaction from which the director will personally receive a benefit in
     money, property or services to which the director is not legally entitled.</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp; Pursuant to
     Article&nbsp;X of the Registrant's Restated Articles of Incorporation and
     Article&nbsp;VIII of the Registrant's Bylaws, the Registrant must, subject
     to certain exceptions, indemnify and defend its directors against any
     expense, liability or loss arising from or in connection with any actual or
     threatened action, suit or proceeding relating to service for or at the
     request of the Registrant, including without limitation, liability under
     the Securities Act of 1933, as amended (the &quot;Securities Act&quot;).
     The Registrant is not permitted to indemnify a director from or on account
     of acts or omissions of such director which are finally adjudged to be
     intentional misconduct, or from or on account of conduct in violation of
     RCW 23B.08.310, or a knowing violation of the law from or on account of any
     transaction with respect to which it is finally adjudged that such director
     received a benefit in money, property or services to which he or she was
     not entitled. If Washington law is amended to authorize further
     indemnification of directors, then the Registrant's directors shall be
     indemnified to the fullest extent permitted by Washington law, as so
     amended. Also, pursuant to Article&nbsp;X of the Registrant's Restated
     Articles of Incorporation and Article&nbsp;VIII of the Registrant's Bylaws,
     the Registrant may, by action of the Board of Directors of the Registrant,
     provide indemnification and pay expenses to officers, employees and agents
     of the Registrant or another corporation, partnership, joint venture, trust
     or other enterprise with the same scope and effect as above described in
     relation to directors. Insofar as indemnification for liabilities arising
     under the Securities Act may be permitted to directors, officers or persons
     controlling the Registrant pursuant to the provisions described above, the
     Registrant has been informed that in the opinion of the SEC such
     indemnification is against public policy as expressed in the Securities Act
     and is therefore unenforceable.</font></p>
     <p><b><font face="Times New Roman" size="1">Item 7.&nbsp; Exemption from
     Registration Claimed.</font></b></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp; Not Applicable</font></p>
     <p><b><font face="Times New Roman" size="1">Item 8.&nbsp; Exhibits.</font></b></p>
     <table border="0" cellspacing="0" cellpadding="0" width="754" height="154">
          <tr>
               <td valign="top" width="143" height="21">
                    <p align="center"><u><font face="Times New Roman" size="1">Exhibit
                    Number</font></u></p>
               </td>
               <td valign="top" width="599" height="21">
                    <p><u><font face="Times New Roman" size="1">Exhibit</font></u></p>
               </td>
               <td valign="top" width="6" height="21"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="19"><font face="Times New Roman" size="1">4.1</font></td>
               <td valign="top" width="599" height="19">
                    <p><font face="Times New Roman" size="1">Washington Mutual,
                    Inc. 2003 Equity Incentive Plan.</font></p>
               </td>
               <td valign="top" width="6" height="19"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="30"><font face="Times New Roman" size="1">4.2</font></td>
               <td valign="top" width="599" height="30">
                    <p><font face="Times New Roman" size="1">Amended and
                    Restated 2002 Employee Stock Purchase Plan (Incorporated by
                    reference to Exhibit 10.8 of Registrant's Form 10-K for the
                    year ended December 31, 2002.)</font></p>
               </td>
               <td valign="top" width="6" height="30"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="21"><font face="Times New Roman" size="1">5.1</font></td>
               <td valign="top" width="599" height="21">
                    <p><font face="Times New Roman" size="1">Opinion of Heller
                    Ehrman White&nbsp;&amp; McAuliffe LLP.</font></p>
               </td>
               <td valign="top" width="6" height="21"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="21">
                    <p><font face="Times New Roman" size="1">23.1</font></p>
               </td>
               <td valign="top" width="599" height="21">
                    <p><font face="Times New Roman" size="1">Consent of Deloitte
                    &amp; Touche LLP.</font></p>
               </td>
               <td valign="top" width="6" height="21"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="21">
                    <p><font face="Times New Roman" size="1">23.2</font></p>
               </td>
               <td valign="top" width="599" height="21">
                    <p><font face="Times New Roman" size="1">Consent of Heller
                    Ehrman White&nbsp;&amp; McAuliffe LLP (Included in its
                    opinion filed as Exhibit 5.1).</font></p>
               </td>
               <td valign="top" width="6" height="21"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="21">
                    <p><font face="Times New Roman" size="1">24.1</font></p>
               </td>
               <td valign="top" width="599" height="21">
                    <p><font face="Times New Roman" size="1">Power of Attorney
                    (Included on the signature page of this Registration
                    Statement).</font></p>
               </td>
               <td valign="top" width="6" height="21"></td>
          </tr>
     </table>
     <p align="center"><font face="Times New Roman" size="1">&nbsp;4</font></p>
     <hr>
     <p>&nbsp;</p>
     <p><b><font face="Times New Roman" size="1">Item 9.&nbsp; Undertakings.</font></b></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;
     (a)&nbsp;&nbsp;&nbsp; The undersigned Registrant hereby undertakes:</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
     (1)&nbsp;&nbsp;&nbsp; To file, during any period in which offers or sales
     are being made, a post&#8209;effective amendment to this Registration
     Statement:</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
     (i)&nbsp;&nbsp;&nbsp; To include any prospectus required by section
     10(a)(3) of the Securities Act of 1933;</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
     (ii)&nbsp;&nbsp;&nbsp; To reflect in the prospectus any facts or events
     arising after the effective date of the Registration Statement (or the most
     recent post&#8209;effective amendment thereof) which, individually or in
     the aggregate, represent a fundamental change in the information set forth
     in the Registration Statement;</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
     (iii)&nbsp;&nbsp;&nbsp; To include any material information with respect to
     the plan of distribution not previously disclosed in the Registration
     Statement or any material change to such information in the Registration
     Statement;</font></p>
     <p><font size="1"><i><font face="Times New Roman">Provided, however,</font></i><font face="Times New Roman">
     that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
     required to be included in a post&#8209;effective amendment by those
     paragraphs is contained in periodic reports filed by the Registrant
     pursuant to Section&nbsp;13 or Section&nbsp;15(d) of the Securities
     Exchange Act of 1934 that are incorporated by reference in this
     Registration Statement.</font></font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
     (2)&nbsp;&nbsp;&nbsp; That, for the purpose of determining any liability
     under the Securities Act of 1933, each such post&#8209;effective amendment
     shall be deemed to be a new registration statement relating to the
     securities offered therein, and the offering of such securities at that
     time shall be deemed to be the initial bona fide offering thereof.</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
     (3)&nbsp;&nbsp;&nbsp;&nbsp; To remove from registration by means of a
     post-effective amendment any of the securities being registered which
     remain unsold at the termination of the offering.</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;
     (b)&nbsp;&nbsp;&nbsp; The undersigned Registrant hereby undertakes that,
     for purposes of determining any liability under the Securities Act of 1933,
     each filing of the Registrant's annual report pursuant to Section 13(a) or
     Section&nbsp;15(d) of the Securities Exchange Act of 1934 that is
     incorporated by reference in the Registration Statement shall be deemed to
     be a new registration statement relating to the securities offered therein,
     and the offering of such securities at that time shall be deemed to be the
     initial bona fide offering thereof.</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;&nbsp;
     (c)&nbsp;&nbsp;&nbsp; Insofar as indemnification for liabilities arising
     under the Securities Act of 1933 may be permitted to directors, officers
     and controlling persons of the Registrant pursuant to the foregoing
     provisions, or otherwise, the Registrant has been advised that in the
     opinion of the Securities and Exchange Commission such indemnification is
     against public policy as expressed in the Securities Act of 1933 and is,
     therefore, unenforceable.&nbsp; In the event that a claim for
     indemnification against such liabilities (other than the payment by the
     Registrant of expenses incurred or paid by a director, officer or
     controlling person of the Registrant in the successful defense of any
     action, suit or proceeding) is asserted by such director, officer or
     controlling person in connection with the securities being registered, the
     Registrant will, unless in the opinion of its counsel the matter has been
     settled by controlling precedent, submit to a court of appropriate
     jurisdiction the question of whether such indemnification by it is against
     public policy as expressed in the Securities Act of 1933 and will be
     governed by the final adjudication of such issue.</font></p>
     <p align="center"><font face="Times New Roman" size="1">5</font>
     <hr>
     <p>&nbsp;</p>
     <p align="center"><b><font face="Times New Roman" size="1">SIGNATURES</font></b></p>
     <p align="center"><font face="Times New Roman" size="1">&nbsp;</font></p>
     <p><font face="Times New Roman" size="1">Pursuant to the requirements of
     the Securities Act, the Registrant certifies that it has reasonable grounds
     to believe that it meets all of the requirements for filing on Form S-3 and
     has duly caused this registration statement to be signed on its behalf by
     the undersigned, thereunto duly authorized, in the City of Seattle, State
     of Washington, on this 27th day of June, 2003.</font></p>
     <div align="right">
          <table border="0" cellspacing="0" cellpadding="0" width="366">
               <tr>
                    <td valign="top"></td>
                    <td valign="top">
                         <p><font face="Times New Roman" size="1">WASHINGTON
                         MUTUAL, INC.</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="top">
                         <p><font face="Times New Roman" size="1">By:</font></p>
                    </td>
                    <td valign="top">
                         <p><font size="1"><u><font face="Times New Roman">/s/
                         Kerry K. Killinger&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br />
                         </font></u><font face="Times New Roman">Kerry K.
                         Killinger<br />
                         Chairman, President and Chief Executive Officer</font></font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="top"></td>
                    <td valign="top"></td>
               </tr>
          </table>
     </div>
     <p><font face="Times New Roman" size="1">&nbsp;</font></p>
     <p align="center">&nbsp;</p>
     <p align="center"><b><font face="Times New Roman" size="1">POWER OF
     ATTORNEY</font></b></p>
     <p align="center"><font face="Times New Roman" size="1">&nbsp;</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
     Each of the officers and directors of the Registrant whose signature
     appears below hereby constitutes and appoints Fay L. Chapman and Thomas W.
     Casey, and each of them severally, his true and lawful attorney-in-fact,
     for him in any and all capacities, to sign any amendments (including
     post-effective amendments) to this registration statement and any new
     registration statement filed under Rule 462(b) of the Securities Act and
     amendments thereto, and to file the same, with exhibits thereto, and any
     other documents in connection therewith, with the Securities and Exchange
     Commission, and hereby ratifies and confirms all that said attorney-in
     fact, or his or her substitute, may do or cause to be done by virtue
     hereof.</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;</font></p>
     <p><font face="Times New Roman" size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
     Pursuant to the requirements of the Securities Act of 1933, this
     registration statement has been signed below by the following persons in
     the capacities and on the dates indicated.</font></p>
     <div align="center">
          <center>
          <table border="0" cellspacing="0" cellpadding="0" width="754" height="128
                    &lt;tr&gt;
                         &lt;td valign=" top" align="center" height="16" width="296">
               <tr>
                    <td>
                         <p><font face="Times New Roman" size="1">SIGNATURE</font></p>
                    <td valign="top" align="center" height="16" width="348">
                         <p><font face="Times New Roman" size="1">TITLE</font></p>
                    </td>
                    <td valign="top" align="center" height="16" width="104">
                         <p><font face="Times New Roman" size="1">DATE</font></p>
                    </td>
               <tr>
                    <td valign="bottom" align="center" height="16" width="296" bgcolor="#00FFFF">
                         <p align="center"><font face="Times New Roman" size="1">/s/
                         Kerry K. Killinger</font></p>
                    </td>
                    <td valign="bottom" align="center" height="16" width="348" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">Chairman,
                         President,Chief Executive Officer and Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="16" width="104" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">June 27, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF"><font face="Times New Roman" size="1">(Chief
                         Executive Officer)</font></td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF"><font face="Times New Roman" size="1">Kerry
                         K. Killinger</font></td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">&nbsp;</td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="16" width="296">
                         <p><font face="Times New Roman" size="1">/s/ Thomas W.
                         Casey</font></p>
                    </td>
                    <td valign="bottom" align="center" height="16" width="348">
                         <p><font face="Times New Roman" size="1">Executive Vice
                         President and Chief Financial Officer</font></p>
                    </td>
                    <td valign="bottom" align="center" height="16" width="104">
                         <p><font face="Times New Roman" size="1">June 24, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348"><font face="Times New Roman" size="1">(Principal
                         Financial Officer)</font></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"><font face="Times New Roman" size="1">Thomas
                         W. Casey</font></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="20" width="296"></td>
                    <td valign="bottom" align="center" height="20" width="348"></td>
                    <td valign="bottom" align="center" height="20" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="30" width="296" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">/s/ Robert H.
                         Miles</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="348" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">Senior Vice
                         President &amp; Controller</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="104" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">June 27, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF"><font face="Times New Roman" size="1">(Principal
                         Accounting Officer)</font></td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF"><font face="Times New Roman" size="1">Robert
                         H. Miles</font></td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">&nbsp;</td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296">
                         <p><font face="Times New Roman" size="1">Douglas P.
                         Beighle</font></p>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="21" width="104">
                         <p></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="30" width="296" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">/s/ Anne V.
                         Farrell</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="348" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="104" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">June 26, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">&nbsp;</td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF"><font face="Times New Roman" size="1">Anne
                         V. Farrell</font></td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">&nbsp;</td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296">
                         <p><font face="Times New Roman" size="1">Stephen E.
                         Frank</font></p>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="21" width="104">
                         <p></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="30" width="296" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">/s/ Phillip D.
                         Matthews</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="348" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="104" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">June 27, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">&nbsp;</td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF"><font face="Times New Roman" size="1">Phillip
                         D. Matthews</font></td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">&nbsp;</td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="30" width="296">
                         <p><font size="1"><font face="Times New Roman">/s/
                         Margaret Osmer-McQuade</font></font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="348">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="104">
                         <p><font face="Times New Roman" size="1">June 25, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"><font size="1"><font face="Times New Roman">Margaret
                         Osmer-McQuade</font></font></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="30" width="296" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">/s/ Michael K.
                         Murphy</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="348" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="104" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">June 29, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">&nbsp;</td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF"><font face="Times New Roman" size="1">Michael
                         K. Murphy</font></td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">&nbsp;</td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="30" width="296">
                         <p><font face="Times New Roman" size="1">/s/ Mary E.
                         Pugh</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="348">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="104">
                         <p><font face="Times New Roman" size="1">June 26, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"><font face="Times New Roman" size="1">Mary
                         E. Pugh</font></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">William G.
                         Reed, Jr.</font></p>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">
                         <p>&nbsp;</p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="30" width="296">
                         <p><font face="Times New Roman" size="1">/s/ Elizabeth
                         A. Sanders</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="348">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="104">
                         <p><font face="Times New Roman" size="1">June 24, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"><font face="Times New Roman" size="1">Elizabeth
                         A. Sanders</font></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="30" width="296" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">/s/ William D.
                         Schulte</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="348" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="104" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">June 27, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">&nbsp;</td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF"><font face="Times New Roman" size="1">William
                         D. Schulte</font></td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">&nbsp;</td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">&nbsp;</td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="30" width="296">
                         <p><font size="1"><font face="Times New Roman">/s/
                         James H. Stever</font></font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="348">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="30" width="104">
                         <p><font face="Times New Roman" size="1">June 24, 2003</font></p>
                    </td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296">
                         <hr>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"><font face="Times New Roman" size="1">James
                         H. Stever</font></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296"></td>
                    <td valign="bottom" align="center" height="21" width="348"></td>
                    <td valign="bottom" align="center" height="21" width="104"></td>
               </tr>
               <tr>
                    <td valign="bottom" align="center" height="21" width="296" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">Willis B.
                         Wood, Jr.</font></p>
                    </td>
                    <td valign="bottom" align="center" height="21" width="348" bgcolor="#00FFFF">
                         <p><font face="Times New Roman" size="1">Director</font></p>
                    </td>
                    <td valign="bottom" align="center" height="21" width="104" bgcolor="#00FFFF">
                         <p>&nbsp;</p>
                    </td>
               </tr>
          </table>
          </center>
     </div>
     <p>&nbsp;</p>
     <hr>
     <p align="center"><u><b><font face="Times New Roman" size="1">EXHIBIT INDEX</font></b></u></p>
     <table border="0" cellspacing="0" cellpadding="0" width="754" height="154">
          <tr>
               <td valign="top" width="143" height="21">
                    <p align="center"><u><font face="Times New Roman" size="1">Exhibit
                    Number</font></u></p>
               </td>
               <td valign="top" width="599" height="21">
                    <p><u><font face="Times New Roman" size="1">Exhibit</font></u></p>
               </td>
               <td valign="top" width="6" height="21"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="19"><font face="Times New Roman" size="1">4.1</font></td>
               <td valign="top" width="599" height="19">
                    <p><font face="Times New Roman" size="1">Washington Mutual,
                    Inc. 2003 Equity Incentive Plan.</font></p>
               </td>
               <td valign="top" width="6" height="19"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="30"><font face="Times New Roman" size="1">4.2</font></td>
               <td valign="top" width="599" height="30">
                    <p><font face="Times New Roman" size="1">Amended and
                    Restated 2002 Employee Stock Purchase Plan (Incorporated by
                    reference to Exhibit 10.8 of Registrant's Form 10-K for the
                    year ended December 31, 2002.)</font></p>
               </td>
               <td valign="top" width="6" height="30"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="21"><font face="Times New Roman" size="1">5.1</font></td>
               <td valign="top" width="599" height="21">
                    <p><font face="Times New Roman" size="1">Opinion of Heller
                    Ehrman White&nbsp;&amp; McAuliffe LLP.</font></p>
               </td>
               <td valign="top" width="6" height="21"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="21">
                    <p><font face="Times New Roman" size="1">23.1</font></p>
               </td>
               <td valign="top" width="599" height="21">
                    <p><font face="Times New Roman" size="1">Consent of Deloitte
                    &amp; Touche LLP.</font></p>
               </td>
               <td valign="top" width="6" height="21"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="21">
                    <p><font face="Times New Roman" size="1">23.2</font></p>
               </td>
               <td valign="top" width="599" height="21">
                    <p><font face="Times New Roman" size="1">Consent of Heller
                    Ehrman White&nbsp;&amp; McAuliffe LLP (Included in its
                    opinion filed as Exhibit 5.1).</font></p>
               </td>
               <td valign="top" width="6" height="21"></td>
          </tr>
          <tr>
               <td valign="top" width="143" align="center" height="21">
                    <p><font face="Times New Roman" size="1">24.1</font></p>
               </td>
               <td valign="top" width="599" height="21">
                    <p><font face="Times New Roman" size="1">Power of Attorney
                    (Included on the signature page of this Registration
                    Statement).</font></p>
               </td>
               <td valign="top" width="6" height="21"></td>
          </tr>
     </table>
</div>

</body>

</html>
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{"company-data": {"conformed-name": "WASHINGTON MUTUAL INC", "cik": "0000933136", "assigned-sic": "6035", "irs-number": "911653725", "state-of-incorporation": "WA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-106672", "film-number": "03765278"}, "business-address": {"street1": "1201 THIRD AVE", "street2": "STE 1500", "city": "SEATTLE", "state": "WA", "zip": "98101", "phone": "2064612000"}, "mail-address": {"street1": "1201 THIRD AVE", "street2": "SUITE 1500", "city": "SEATTLE", "state": "WA", "zip": "98101"}}
WAMU S-8 April 2003
As filed
                    with the Securities and Exchange Commission on June 30, 2003
Registration
                    No. 333-
SECURITIES AND
     EXCHANGE COMMISSION
Washington, D.C.  20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
WASHINGTON
     MUTUAL, INC.
(Exact Name of Registrant as
     Specified in Its Charter)
Washington
(State or Other Jurisdiction
of Incorporation or Organization)
91-1653725
(I.R.S. Employer Identification
     No.)
1201
                         Third Avenue, Suite 1500, Seattle, Washington
98101
(Address
                         of Principal Executive Offices
(Zip
                         Code)
Washington Mutual, Inc. 2003 EQUITY INCENTIVE PLAN
WASHINGTON MUTUAL, INC. EMPLOYEE STOCK PURCHASE PLAN
(Full Title of the Plan)
Fay L. Chapman,
     Esq.
Washington Mutual, Inc.
1201 Third Avenue, Suite 1500
Seattle, WA  98101
(Name and Address of Agent for Service)
(206)
     461-2000
(Telephone Number, Including Area
     Code, of Agent for Service)
With a copy to:
David R. Wilson, Esq.
Heller Ehrman White & McAuliffe LLP
701 5th Avenue, Suite 6100
Seattle, WA  98104-7098
CALCULATION OF
     REGISTRATION FEE
Title
                         of
Securities
To Be Registered
Amount
                         To Be
Registered(1)
Proposed
                         Maximum
Offering Price
Per Share(2)
Proposed
Maximum
Aggregate
Offering Price(2)
Amount
                         of
Registration
Fee(3)
Common
                    Stock, no par value, under the
2003 Equity Incentive Plan
84,780,000
                    shares(3)
$41.54
$3,521,761,200(3)
Common
                    Stock, no  par value, under the
2002 Employee Stock Purchase Plan
4,000,000
                    shares
$41.54
$175,560,000
Total
                    Shares
88,780,000
                    shares
$41.54
$3,897,321,200
$111,154.19
(1) Includes such indeterminate
     number of shares of common stock as may from time to time be issued upon
     conversion or exchange of debt securities, preferred stock or depositary
     shares registered hereunder, to the extent any of such securities are, by
     their terms, convertible into common stock. Also includes associated
     "rights" to purchase shares of Registrant's common stock which
     are not currently separable from the shares of Registrant's common stock
     and are not currently exercisable
(2) Estimated solely for the
     purpose of calculating the amount of the registration fee pursuant to Rule
     457(h)(1) promulgated under the Securities Act 1933, as amended (the
     "Securities Act"). The price per share and aggregate offering
     price are based upon the average of the closing sales price of the
     Registrant's common stock as reported on the New York Stock Exchange for
     June 27, 2003.
(3)  Includes 55,745,000
     shares being carried forward from Registration Statements
     No. 333-40928, 333-69503 and 333-74646 for which a filing fee has been
     paid. Pursuant to Rule 429(b) of the Securities Act of 1933, the
     prospectus filed as a part of this Registration Statement will be used as a
     combined prospectus in connection with this Registration Statement and
     Registration Statements No. 333-40928, 333-69503 and 333-74646. 
     Accordingly, the filing fee is based on the registration of 33,035,000
     shares recently authorized under the Plans that have not been previously
     registered.  33,035,000 times $41.54 equals maximum aggregate offering
     price of $1,372,273,900, which computes to a filing fee of $111,154.19.
PART II
INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT
Item 3.  Incorporation of
     Documents by Reference.
The following
     documents filed by Washington Mutual, Inc. (the "Registrant")
     with the Securities and Exchange Commission are incorporated by reference
     into this Registration Statement:
(a)    Annual Report on Form 10-K for the year ended
     December 31, 2002;
(b)    Quarterly Report on Form 10-Q for the three months
     ended March 31, 2003;
(c)    Current Report on Form 8-K filed on March 12, 2003;
(d)    The description of the Registrant's common stock
     contained in the Registrant's Registration Statement on Form 8-A, filed on
     December 3, 1998 under Section 12(b) of the Securities Exchange Act of
     1934, as amended (the "Exchange Act") including any amendments or
     reports filed for the purposes of updating such description; and
(e)    The description of the Registrant's Shareholder
     Rights Plan contained in the Registration Statement on Form 8-A filed on
     January 8, 2001 under Section 12(b) of the Exchange Act, including any
     amendments or reports filed for the purpose of updating such description.
All documents
     subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14
     or 15(d) of the Exchange Act, prior to the filing of a post-effective
     amendment which indicates that all securities offered have been sold or
     which deregisters all securities then remaining unsold, shall be deemed to
     be incorporated by reference herein and to be part hereof from the date of
     filing of such documents.
Item 4.  Description of
     Securities.
Not Applicable
Item 5.  Interests of
     Named Experts and Counsel.
The legality of
     the securities offered by this prospectus will be passed upon by Heller
     Ehrman White & McAuliffe LLP, Seattle, Washington. As of
     January 1, 2003, Heller Ehrman White & McAuliffe LLP and
     individual attorneys at the firm who participated in this transaction owned
     an aggregate of 12,393 shares of the Registrant's common stock.
Item 6.  Indemnification
     of Directors and Officers.
Section 23B.08.320 of the Washington Business Corporation Act (the
     "Corporation Act") provides that the personal liability of
     directors to a corporation imposed by Section 23B.08.310 of the
     Corporation Act may be eliminated by the articles of incorporation of the
     corporation, except in the case of acts or omissions involving certain
     types of conduct. At Article XIII of its Restated Articles of
     Incorporation, the Registrant has elected to eliminate the liability of
     directors to the Registrant to the extent permitted by law. Thus, a
     director of the Registrant is not personally liable to the Registrant or
     its shareholders for monetary damages for conduct as a director, except for
     liability of a director (i) for acts or omissions that involve
     intentional misconduct by the director or a knowing violation of law by the
     director, (ii) for conduct violating Section 23B.08.310 of the
     Corporation Act, or (iii) for any transaction from which the director
     will personally receive a benefit in money, property or services to which
     the director is not legally entitled. If Washington law is amended to
     authorize corporate action that further eliminates or limits the liability
     of directors, then the liability of the Registrant's directors will be
     eliminated or limited to the fullest extent permitted by Washington law, as
     so amended.
3
Section 23B.08.560 of the Corporation Act provides that if authorized
     by (i) the articles of incorporation, (ii) a bylaw adopted or
     ratified by the shareholders, or (iii) a resolution adopted or
     ratified, before or after the event, by the shareholders, a corporation
     will have the power to indemnify directors made party to a proceeding, or
     to obligate itself to advance or reimburse expenses incurred in a
     proceeding, without regard to the limitations or indemnification contained
     in Section 23B.08.510 through 23B.08.550 of the Corporation Act,
     provided that no such indemnity shall indemnify any director (i) for
     acts or omissions that involve intentional misconduct by the director or a
     knowing violation of law by the director, (ii) for conduct violating
     Section 23B.08.310 of the Corporation Act, or (iii) for any
     transaction from which the director will personally receive a benefit in
     money, property or services to which the director is not legally entitled.
Pursuant to
     Article X of the Registrant's Restated Articles of Incorporation and
     Article VIII of the Registrant's Bylaws, the Registrant must, subject
     to certain exceptions, indemnify and defend its directors against any
     expense, liability or loss arising from or in connection with any actual or
     threatened action, suit or proceeding relating to service for or at the
     request of the Registrant, including without limitation, liability under
     the Securities Act of 1933, as amended (the "Securities Act").
     The Registrant is not permitted to indemnify a director from or on account
     of acts or omissions of such director which are finally adjudged to be
     intentional misconduct, or from or on account of conduct in violation of
     RCW 23B.08.310, or a knowing violation of the law from or on account of any
     transaction with respect to which it is finally adjudged that such director
     received a benefit in money, property or services to which he or she was
     not entitled. If Washington law is amended to authorize further
     indemnification of directors, then the Registrant's directors shall be
     indemnified to the fullest extent permitted by Washington law, as so
     amended. Also, pursuant to Article X of the Registrant's Restated
     Articles of Incorporation and Article VIII of the Registrant's Bylaws,
     the Registrant may, by action of the Board of Directors of the Registrant,
     provide indemnification and pay expenses to officers, employees and agents
     of the Registrant or another corporation, partnership, joint venture, trust
     or other enterprise with the same scope and effect as above described in
     relation to directors. Insofar as indemnification for liabilities arising
     under the Securities Act may be permitted to directors, officers or persons
     controlling the Registrant pursuant to the provisions described above, the
     Registrant has been informed that in the opinion of the SEC such
     indemnification is against public policy as expressed in the Securities Act
     and is therefore unenforceable.
Item 7.  Exemption from
     Registration Claimed.
Not Applicable
Item 8.  Exhibits.
Exhibit
                    Number
Exhibit
4.1
Washington Mutual,
                    Inc. 2003 Equity Incentive Plan.
4.2
Amended and
                    Restated 2002 Employee Stock Purchase Plan (Incorporated by
                    reference to Exhibit 10.8 of Registrant's Form 10-K for the
                    year ended December 31, 2002.)
5.1
Opinion of Heller
                    Ehrman White & McAuliffe LLP.
23.1
Consent of Deloitte
                    & Touche LLP.
23.2
Consent of Heller
                    Ehrman White & McAuliffe LLP (Included in its
                    opinion filed as Exhibit 5.1).
24.1
Power of Attorney
                    (Included on the signature page of this Registration
                    Statement).
4
Item 9.  Undertakings.
(a)    The undersigned Registrant hereby undertakes:
(1)    To file, during any period in which offers or sales
     are being made, a post‑effective amendment to this Registration
     Statement:
(i)    To include any prospectus required by section
     10(a)(3) of the Securities Act of 1933;
(ii)    To reflect in the prospectus any facts or events
     arising after the effective date of the Registration Statement (or the most
     recent post‑effective amendment thereof) which, individually or in
     the aggregate, represent a fundamental change in the information set forth
     in the Registration Statement;
(iii)    To include any material information with respect to
     the plan of distribution not previously disclosed in the Registration
     Statement or any material change to such information in the Registration
     Statement;
Provided, however,
that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
     required to be included in a post‑effective amendment by those
     paragraphs is contained in periodic reports filed by the Registrant
     pursuant to Section 13 or Section 15(d) of the Securities
     Exchange Act of 1934 that are incorporated by reference in this
     Registration Statement.
(2)    That, for the purpose of determining any liability
     under the Securities Act of 1933, each such post‑effective amendment
     shall be deemed to be a new registration statement relating to the
     securities offered therein, and the offering of such securities at that
     time shall be deemed to be the initial bona fide offering thereof.
(3)     To remove from registration by means of a
     post-effective amendment any of the securities being registered which
     remain unsold at the termination of the offering.
(b)    The undersigned Registrant hereby undertakes that,
     for purposes of determining any liability under the Securities Act of 1933,
     each filing of the Registrant's annual report pursuant to Section 13(a) or
     Section 15(d) of the Securities Exchange Act of 1934 that is
     incorporated by reference in the Registration Statement shall be deemed to
     be a new registration statement relating to the securities offered therein,
     and the offering of such securities at that time shall be deemed to be the
     initial bona fide offering thereof.
(c)    Insofar as indemnification for liabilities arising
     under the Securities Act of 1933 may be permitted to directors, officers
     and controlling persons of the Registrant pursuant to the foregoing
     provisions, or otherwise, the Registrant has been advised that in the
     opinion of the Securities and Exchange Commission such indemnification is
     against public policy as expressed in the Securities Act of 1933 and is,
     therefore, unenforceable.  In the event that a claim for
     indemnification against such liabilities (other than the payment by the
     Registrant of expenses incurred or paid by a director, officer or
     controlling person of the Registrant in the successful defense of any
     action, suit or proceeding) is asserted by such director, officer or
     controlling person in connection with the securities being registered, the
     Registrant will, unless in the opinion of its counsel the matter has been
     settled by controlling precedent, submit to a court of appropriate
     jurisdiction the question of whether such indemnification by it is against
     public policy as expressed in the Securities Act of 1933 and will be
     governed by the final adjudication of such issue.
5
SIGNATURES
Pursuant to the requirements of
     the Securities Act, the Registrant certifies that it has reasonable grounds
     to believe that it meets all of the requirements for filing on Form S-3 and
     has duly caused this registration statement to be signed on its behalf by
     the undersigned, thereunto duly authorized, in the City of Seattle, State
     of Washington, on this 27th day of June, 2003.
WASHINGTON
                         MUTUAL, INC.
By:
/s/
                         Kerry K. Killinger
Kerry K.
                         Killinger
Chairman, President and Chief Executive Officer
POWER OF
     ATTORNEY
Each of the officers and directors of the Registrant whose signature
     appears below hereby constitutes and appoints Fay L. Chapman and Thomas W.
     Casey, and each of them severally, his true and lawful attorney-in-fact,
     for him in any and all capacities, to sign any amendments (including
     post-effective amendments) to this registration statement and any new
     registration statement filed under Rule 462(b) of the Securities Act and
     amendments thereto, and to file the same, with exhibits thereto, and any
     other documents in connection therewith, with the Securities and Exchange
     Commission, and hereby ratifies and confirms all that said attorney-in
     fact, or his or her substitute, may do or cause to be done by virtue
     hereof.
Pursuant to the requirements of the Securities Act of 1933, this
     registration statement has been signed below by the following persons in
     the capacities and on the dates indicated.
SIGNATURE
TITLE
DATE
/s/
                         Kerry K. Killinger
Chairman,
                         President,Chief Executive Officer and Director
June 27, 2003
(Chief
                         Executive Officer)
Kerry
                         K. Killinger
/s/ Thomas W.
                         Casey
Executive Vice
                         President and Chief Financial Officer
June 24, 2003
(Principal
                         Financial Officer)
Thomas
                         W. Casey
/s/ Robert H.
                         Miles
Senior Vice
                         President & Controller
June 27, 2003
(Principal
                         Accounting Officer)
Robert
                         H. Miles
Douglas P.
                         Beighle
Director
/s/ Anne V.
                         Farrell
Director
June 26, 2003
Anne
                         V. Farrell
Stephen E.
                         Frank
Director
/s/ Phillip D.
                         Matthews
Director
June 27, 2003
Phillip
                         D. Matthews
/s/
                         Margaret Osmer-McQuade
Director
June 25, 2003
Margaret
                         Osmer-McQuade
/s/ Michael K.
                         Murphy
Director
June 29, 2003
Michael
                         K. Murphy
/s/ Mary E.
                         Pugh
Director
June 26, 2003
Mary
                         E. Pugh
William G.
                         Reed, Jr.
Director
/s/ Elizabeth
                         A. Sanders
Director
June 24, 2003
Elizabeth
                         A. Sanders
/s/ William D.
                         Schulte
Director
June 27, 2003
William
                         D. Schulte
/s/
                         James H. Stever
Director
June 24, 2003
James
                         H. Stever
Willis B.
                         Wood, Jr.
Director
EXHIBIT INDEX
Exhibit
                    Number
Exhibit
4.1
Washington Mutual,
                    Inc. 2003 Equity Incentive Plan.
4.2
Amended and
                    Restated 2002 Employee Stock Purchase Plan (Incorporated by
                    reference to Exhibit 10.8 of Registrant's Form 10-K for the
                    year ended December 31, 2002.)
5.1
Opinion of Heller
                    Ehrman White & McAuliffe LLP.
23.1
Consent of Deloitte
                    & Touche LLP.
23.2
Consent of Heller
                    Ehrman White & McAuliffe LLP (Included in its
                    opinion filed as Exhibit 5.1).
24.1
Power of Attorney
                    (Included on the signature page of this Registration
                    Statement).