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U.S. Bancorp to Present at the Lehman Brothers 2007 Financial Services Conference

MINNEAPOLIS--(BUSINESS WIRE)--Sept. 6, 2007--U.S. Bancorp (NYSE:USB) announced today that Richard K. Davis, president and chief executive officer, is scheduled to present at the Lehman Brothers 2007 Financial Services Conference. The presentation will begin at approximately 8:30 a.m. EDT on Monday, September 10, 2007, at the Hilton New York Hotel in New York City. The presentation will include information about U.S. Bancorp's financial performance and corporate strategies.

A live audio-webcast of the presentation will be available through U.S. Bancorp's website at usbank.com. To access the webcast and slides used in the presentation, go to U.S. Bancorp's website and click on "About U.S. Bancorp" and then "Investor/Shareholder Information". The link to the webcast and slides will be found on the "Webcasts and Presentations" page. Individuals without Internet access may request a copy of the slide presentation on Monday by calling 612-303-0781. A replay of the webcast will be available within 24 hours at the same location on the website for 90 days.

Minneapolis-based U.S. Bancorp ("USB"), with $223 billion in assets, is the parent company of U.S. Bank National Association, the 6th largest bank in the United States. The company operates 2,499 banking offices and 4,867 ATMs in 24 states, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.

CONTACT: U.S. Bancorp
Judith T. Murphy, Investor Relations, 612-303-0783
or
Steve Dale, Public Relations, 612-303-0784

SOURCE: U.S. Bancorp

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



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