SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A)
OF THE SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant {X}
Filed by a Party other than the Registrant {_}
Check the appropriate box:
{_} Preliminary Proxy Statement
{_} Confidential, for Use of the Commission Only (as permitted by
Rule 14a-6(e)(2))
{_} Definitive Proxy Statement
{X} Definitive Additional Materials
{ } Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
GREAT WESTERN FINANCIAL CORPORATION
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(Name of Registrant as Specified in Its Charter)
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(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
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pursuant to Exchange Act Rule 0-11 (set forth the amount on which
the filing fee is calculated and state how it was determined): ___
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[PRESS RELEASE]
[GREAT WESTERN LOGO]
NEWS
FOR IMMEDIATE RELEASE
JUNE 6, 1997
Contact: Ian Campbell 818-775-3773
Charlie Coleman 818-775-3766
ISS RECOMMENDS GREAT WESTERN STOCKHOLDERS VOTE
FOR THE WASHINGTON MUTUAL MERGER
CHATSWORTH, Calif. - Great Western Financial Corporation
(NYSE: GWF)said today that Institutional Shareholder Services (ISS)
issued a report to its clients recommending that Great Western
stockholders vote in favor of the proposed merger agreement with
Washington Mutual, Inc. (Nasdaq: WAMU) at the Special Meeting
scheduled to be held on June 13. ISS is the nation's leading
stockholder advisory organization.
Great Western stated, "We are extremely pleased with ISS'
recommendation. We are moving ahead rapidly toward completing this
historic transaction. With regulatory approval -- which is
anticipated shortly -- and an affirmative vote at the June 13
Special Meeting, Great Western stockholders can be in a position to
receive their Washington Mutual shares and begin enjoying the
economic benefits of this merger in a matter of weeks."
Great Western urges its stockholders to sign, date and return the
green and gold proxy cards as soon as possible.
With assets of $42.9 billion, Great Western Financial
Corporation is a diversified financial services company operating
more than 1,150 mortgage lending, retail banking, and consumer
finance offices nationwide. Great Western's principal subsidiary,
Great Western Bank, is a mortgage-oriented consumer bank with
banking branch networks in California and Florida.
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