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U.S. Bancorp Revises Time of July 16th Earnings Conference Call

MINNEAPOLIS, July 11 /PRNewswire-FirstCall/ -- U.S. Bancorp (NYSE: USB)
today announced that the second quarter earnings conference call, hosted byU.S. Bancorp's Vice Chairman and Chief Financial Officer David M. Moffett, hasbeen re-scheduled to 2:00 p.m. (CDT) on Tuesday, July 16, 2002, one hour laterthan previously announced.  The time was changed to better accommodate theinvestment community.  The conference call will be available by telephone oron the Internet.

Via telephone:

To access the conference call, please dial 800-233-2795 and ask for theU.S. Bancorp earnings conference call.  Participants calling from outside theUnited States, please dial 785-832-1077.

For those unable to participate during the live call, a recording of thecall will be available from 5:00 p.m. (CDT) on Tuesday, July 16th throughTuesday, July 23rd at 11:00 p.m. (CDT).  To access the recorded message dial800-283-8217.  If calling from outside the United States, please dial402-220-0868 to access the recording.

Via Internet:


Minneapolis-based U.S. Bancorp (USB), with $165 billion in assets, isthe 8th largest financial services holding company in the United States.  Thecompany operates 2,147 banking offices and 4,929 ATMs, and provides acomprehensive line of banking, brokerage, insurance, investment, mortgage, andtrust and payment services products to consumers, businesses and institutions.U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank.  Visit U.S.Bancorp on the web at www.usbank.com and Firstar Bank at www.firstar.com.



SOURCE  U.S. Bancorp

    -0-                             07/11/2002

/CONTACT:  Investor Relations: H. D. McCullough, +1-612-973-2261, orJudith T. Murphy, +1-612-973-2264; or Media Relations: Steve Dale,+1-612-973-0898, all of U.S. Bancorp/

/Company News On-Call:http://www.prnewswire.com/gh/cnoc/comp/312402.html/

/Web site:  http://www.usbank.com  /


CO:  U.S. Bancorp
ST:  Minnesota

-- PHTH023 --
3350 07/11/2002 12:58 EDT http://www.prnewswire.com

"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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