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U.S. Bancorp to Present at the UBS Warburg 2003 Global Financial Services Conference

MINNEAPOLIS, April 28 /PRNewswire-FirstCall/ -- U.S. Bancorp (NYSE: USB) announced today that Jerry A. Grundhofer, chairman, president and chief executive officer, is scheduled to present at the UBS Warburg 2003 Global Financial Services Conference. The presentation will be held on Tuesday, April 29, 2003, at 1:35 p.m. (EDT) at The Pierre Hotel, New York City, NY. 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 "Investor/Shareholder Information" and then "Presentations/Webcasts," under the Investor Information section. Individuals without Internet access may request a copy of the slide presentation on Tuesday by calling 612-303-0783. A replay of the webcast will be available shortly after the presentation, at the same location on the website for 30 days.

Minneapolis-based U.S. Bancorp, with assets in excess of $182 billion, is the 8th largest financial services holding company in the United States. The company operates 2,200 banking offices and 4,582 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at usbank.com.

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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