Pacific Northwest Bancorp President and CEO Patrick Fahey to Participate at the D.A. Davidson Financial Services Conference.

Business Editors

SEATTLE--(BUSINESS WIRE)--May 2, 2002

Pacific Northwest Bancorp (Nasdaq: PNWB) -- Patrick M. Fahey, President and Chief Executive Officer of Pacific Northwest Bancorp will participate as a panelist at the D.A. Davidson Financial Services Conference on Tuesday, May 7, 2002 from 4:00 p.m. -- 4:45 p.m. PDT.

Interested parties can access the presentation by telephone as follows:

Dial the toll-free number 1-888-693-8686.

Enter the conference identification number 7830002.

After joining the conference please touch the *6 keys to mute the

phone line.

The presentation can also be received via Web Conferencing as follows:

Log on to http://wc.raindance.com/netcall/part_signin.php3

Enter name, e-mail address and conference identification number

7830002.

Ensure that "Web and Phone Conferencing" is highlighted and click

`Go.'

Choose the "Listen Over Phone" option.

Pacific Northwest Bancorp is a bank holding company, operating 55 Financial Centers through its commercial bank subsidiary Pacific Northwest Bank. Insurance products are available through Pacific Northwest Insurance Agency and investment products through Pacific Northwest Financial Services, Inc. -- both non-banking subsidiaries of Pacific Northwest Bank.