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Anchor BanCorp Wisconsin Inc. Announces a 2:1 StockSplit.

MADISON, Wis.--(BUSINESS WIRE)--July 28, 1998--Today, the Board of Directors approved a two-for-one stock split. The two-for-one stock split will be paid as a stock dividend on August 24 to shareholders of record at the close of business on August 10, 1998.

For more information contact: William

Klein, Vice President-Investor Relations at (608) 252-1810 or Douglas J. Timmerman, President, at (608) 252-8782.


    CONTACT:  Anchor BanCorp
               William Klein, 608/252-1810
               Douglas J. Timmerman, 608/252-8782


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