Washington Mutual Preferred fka WAMPQ

[ptolomeo]

help voting (Merril Lynch)

Hello, I just received these instructions in my SelfTrade account:

INSTRUCTION DEADLINE DATES
Final Date for Instructions:
May 09, 2011 17:00 EST

TERMS

Expiration Date:

Offeror Name:

OPTIONS
Option 1:

Holders who elect to Opt Out/not Grant release will not be entitled to any distribution and shares will be cancelled. .

Option 2:

Principal Cash

Holders who Opt In/Grant their release may elect to receive a prorata distribution of Cash and Liquidating Trust Interest for
each share held.

Option 3:

Holders may vote to accept or reject the modified plan only, holders will then have to pursue any claims on their own directly
with the agent up until a date to be determined by the agent.

Option Default:

Default Option:

Holders who do not submit a Beneficial Ballot will have to pursue any claims on their own directly with the agent up until a
date to be determined by the agent.

May 13, 2011

WASHINGTON MUTUAL

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In my Interactive Brokers account the default action is 'no action' so I can choose after the BK is over if I grant or don't grant the releases.

What should I do now? I am somewhat lost.