WANTED: Goofiest, Most Unusual, or Otherwise Unwanted Holiday Gifts in Exchange for...

Thu Nov 29, 2007 6:00am EST

* Reuters is not responsible for the content in this press release.

WANTED: Goofiest, Most Unusual, or Otherwise Unwanted Holiday Gifts in Exchange for a $100 WaMu MasterCard(R) Gift

--(Business Wire)--Washington Mutual:--(Business Wire)--Washington Mutual:-0-*TWHAT: Washington Mutual is helping break the cycle of bad gift giving

this holiday season by inviting the public to join us for an

opportunity to exchange their unwanted gifts -- the gifts that

will be re-gifted, used as a "white elephant" gift, or will

never be taken out of the closet -- for a $100 WaMu

MasterCard(R) Gift Card. Unlike a merchant's gift card, the

WaMu gift card can be used anywhere in the U.S. where

MasterCard(R) debit cards are accepted.WHEN: Friday, November 30

7 a.m.WHERE: WaMu Center

1301 Second AvenueWHY: GREAT VISUAL -- A long line of people, waiting to exchange

their craziest unwanted gifts, for a $100 Washington Mutual

MasterCard(R) Gift Card.

GREAT STORIES -- Find out the story behind the gifts that

people receive; you're guaranteed not to be disappointed.

THE STATS -- According to the National Retail Federation, this

holiday season, retailers can expect to see a surge in gift

card sales. The fifth annual gift card survey found that gift

card sales will total $26.3 billion this holiday season. This

marks a significant increase over 2006 sales, with gift cards

sales accounting for $24.8 billion. The study also notes that

the average consumers will spend $122.59 on gift cards this

year, vs. $116.51 in 2006. (NOTE: "Gift Card Sales More Popular

Than Ever". National Retail Federation News Release,

November 13, 2007).*TWashington MutualDarcy Donahoe-Wilmot, 206-500-2828Mobile: 425-444-2500Copyright Business Wire 2007

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