Anchor BanCorp Wisconsin Inc. to repurchase up to 215,106 shares of common stock

Business Wire, July 14, 1995

MADISON, Wis.--(BUSINESS WIRE)--July 14, 1995--Anchor BanCorp Wisconsin Inc. announced today its Board of Directors has authorized the repurchase of up to 215,106 shares, or 5.0 percent, of it's outstanding common stock in the open market.

The repurchases are authorized to be made from time to time in open-market transactions during the next six months as, in the opinion of management, market conditions may warrant. Purchases are expected to begin on or after July 17, 1995. The repurchased shares will be held as treasury stock and will be available for general corporate purposes. Anchor will utilize various securities brokers as its agent for the stock repurchase program.

Anchor BanCorp's stock is traded on the Over-the-Counter market under the NASDAQ symbol ABCW. AnchorBank, S.S.B., a wholly-owned subsidiary, has 32 full service offices and three loan origination only offices which are located primarily in southern and western Wisconsin.

CONTACT: Anchor BanCorp Wisconsin Inc., Madison

Douglas J. Timmerman, 608/252-8782

or

William Klein, 608/252-1810