Press Release
FOR IMMEDIATE RELEASE                                                NNM: ABCW
June 16, 2003

                          ANCHOR BANCORP WISCONSIN INC.
              ANNOUNCES INCLUSION IN THE NASDAQ FINANCIAL-100 INDEX

Madison, WI. Anchor BanCorp Wisconsin Inc. (NASDAQ "ABCW"), headquartered in
Madison, Wisconsin, will be included in the NASDAQ Financial-100 Index effective
June 23, 2003. The NASDAQ Financial-100 Index is based on market value. ABCW is
already included in the S&P 600 and the Russell 2000 indices.

Anchor BanCorp's stock is traded on the NASDAQ national market under the NASDAQ
symbol ABCW. AnchorBank fsb, the wholly owned subsidiary, has 54 full service
offices and two loan origination offices. All are located in Wisconsin.

NASDAQ (OTCBB:NDAQ) is the world's largest electronic stock market. With more
than 3,500 companies, NASDAQ lists more companies and trades more shares per day
on average than any other U.S. market. It is home to category-defining companies
that are leaders across all areas of business including technology, retail,
communications, financial services, media and biotechnology industries. For more
information abut NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or NASDAQ
NewsroomSM at www.NASDAQnews.com.

For more information contact: Michael W. Helser, CFO (608) 252-1810 or Douglas
J. Timmerman, President, at (608) 252-8782.

















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