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Anchor BanCorp Wisconsin Inc. (NASDAQ: ABCWE) announced that effective with the August 2005 dividend payment, the Board of Directors increased the quarterly per share dividend from 13.5 cents to 16 cents, which represents an increase of 18.5 percent. The dividend will be payable August 15, 2005, to shareholders of record on August 1, 2005. This follows the 8 percent increase that occurred with the May 2005 dividend payment, when the Board of Directors increased the quarterly per share dividend from 12.5 cents to 13.5 cents.

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