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Riverside-Based International E-Z UP Chooses U.S. Bank

RIVERSIDE, Calif., Aug 25, 2003 (BUSINESS WIRE) -- U.S. Bank has landed the business of International E-Z UP, Inc. in which it will provide credit, deposit and cash management services to the Riverside, Calif. based company.

International E-Z UP, Inc. manufactures and distributes a proprietary and patented line of portable instant shelters that can be set up or taken down in 60 seconds. The shelters have a variety of uses, from picnics, backyard, camping or sporting events to trade shows and other various corporate and commercial events.

The company invented the portable, instant shelter in 1983 and became known for having the "World's Fastest Shelter." E-Z Up sells products in 50 countries around the world, and for nearly 20 years has continued to be the leader in the industry focusing on being first in innovation, quality and customer satisfaction.

"We're thrilled to be the financial service provider to such a respected manufacturer in the industry," said William Cave, senior vice president of U.S. Bank Commercial Banking in Ontario, Calif. "We look forward to supporting their operations and future growth."

U.S. Bancorp (NYSE:USB), with assets of $195 billion, is the 8th largest financial services holding company in the United States. The company operates 2,199 banking offices and 4,575 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 home of the Five Star Service Guarantee which assures customers of certain key banking benefits and services or customers will be paid for their inconvenience. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at usbank.com.

SOURCE: U.S. Bank

CONTACT:          U.S. Bank
                  Teri Charest, 612/303-0732
                  teri.charest@usbank.com

URL:              http://www.businesswire.com
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SOURCE: U.S. Bank

"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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