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U.S. Bancorp to Present at the Merrill Lynch Banking & Financial Services Investor Conference

MINNEAPOLIS--(BUSINESS WIRE)--Nov. 9, 2007--U.S. Bancorp (NYSE:USB) announced today that Richard K. Davis, president and chief executive officer, is scheduled to present at the Merrill Lynch Banking & Financial Services Investor Conference. The presentation is will begin at 2:35 p.m. EST on Wednesday, November 14, 2007, at the Millennium Broadway 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 Wednesday by calling 612-303-0781. A replay of the webcast will be available within 24 hours at the same location on the website for 14 days.

Minneapolis-based U.S. Bancorp ("USB"), with $228 billion in assets, is the parent company of U.S. Bank National Association, the 6th largest commercial bank in the United States. The company operates 2,512 banking offices and 4,870 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, 612-303-0783
Investor Relations
or
Steve Dale, 612-303-0784
Media Relations

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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