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Anchor BanCorp Wisconsin announces dividend increase.

MADISON, Wis.--(BUSINESS WIRE)--April 20, 1995--Anchor BanCorp Wisconsin Inc. announced today that its Board of Directors declared a 10 cents per share cash dividend up from 7 1/2 cents per share on the common stock of the corporation. The dividend is payable on May 15, 1995 to the stockholders of

record at the close of business on May 1, 1995. The corporation's stock is traded on the NASDAQ National Market System under the symbol ABCW.

Anchor BanCorp Wisconsin Inc. is the holding company for AnchorBank, S.S.B. AnchorBank has 31 full service offices and three loan origination only offices which are located primarily in southern and western Wisconsin.

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 Wisconsin Inc., Madison

Douglas J. Timmerman, 608/252-8782

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