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Re: BBANBOB post# 403216

Thursday, 08/14/2014 5:47:14 PM

Thursday, August 14, 2014 5:47:14 PM

Post# of 730705
Hi Bbanbob,

I believe this is the calculation:

$24B - $6B (for commons) = $18B (for preferred shares)

Then, "only" $4,068,010,409 of preferred interests voted in favor of the plan (and are allowed to potential WMILT distributions....); {see http://www.kccllc.net/wamu/document/0812229120213000000000026 (page 11/389)}

So $18,000,000,000/4,068,010,409 = $4.424767439182823 per old $ ($ in face value of your holdings in preferred shares)

So,

$4,424.767439182823 {or($1000*4.424767439182823)} per old wampq ($1000 face value securities) unit

$110.6191859795706 {or($25*4.424767439182823)} per old wamkq ($25 face value securities) unit




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