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Re: tpg post# 362868

Tuesday, 02/14/2012 1:04:48 PM

Tuesday, February 14, 2012 1:04:48 PM

Post# of 730704
Those are the claim holders who are being converted from Class 18, to new commons within the 30% split, Class 22.

One of the claimants in Class 18 could be the PFG claim. If remember correctly, about $54 million is being converted of their claim to Class 22.

In other words dilution to Class 22.

imo

CAN ANYONE ELOBARATE LITTLE MORE ON THIS PLEASE

11 Calculated with those votes, cast by holders of claims which have been, pursuant to Court order, subordinated to
the level of Class 22, converted into share count by dividing the amount of each such Claim by the per share price of
WMI common stock as of the Petition Date, $0.1604.
12 Calculated with such votes converted into share count by dividing the amount of each such Claim by the per share
price of WMI common stock as of the close of business on the day immediately preceding the Petition Date,
$1.6900.
13 Calculated with such votes converted into share count by dividing the amount of each such Claim by the per share
price of WMI common stock as of December 12, 2011, $0.0730.

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