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U.S. Bank Named to InfoWorld 100 List; Company Recognized in Prestigious List as Outstanding Example of Innovation and Leadership

MINNEAPOLIS, Nov 11, 2003 (BUSINESS WIRE) -- U.S. Bank today announced that it has been named to the 2003 InfoWorld 100 list by IDG's InfoWorld Magazine. The InfoWorld 100 list is composed of a select group of organizations recognized for their efforts to bolster business and financial success through technological innovation.

Debuting for the first time on the list, U.S. Bank joins a roster of leading companies that are building business success through automation in 11 industries. InfoWorld acknowledged U.S. Bank for the company's business continuity and virtual storage management solutions as an outstanding example of enterprise innovation and IT leadership.

"U.S. Bank is honored to be recognized by InfoWorld as a top technology innovator," said Jeff von Gillern, executive vice president of U.S. Bank's Network and Computing Services. "At U.S. Bank, we believe in investing in technologies that not only streamline our business processes and improve customer service but also offer rapid and predictable return on investment. This award proves we're dedicated to doing just that."

The InfoWorld 100 is intended to exemplify the best in IT. The companies listed are selected based on their ability to leverage the latest technology to maximize return on investment, streamline business processes, reduce costs, save resources, improve customer service and create new streams of revenue. Chosen and ranked by InfoWorld's senior editors, these 100 organizations represent 2003's greatest achievements for companies spanning 11 industries. A complete listing of the 2003 InfoWorld 100 is available online at infoworld.com.

U.S. Bancorp, with assets of $189 billion, is the eighth largest financial services holding company in the United States. The company operates 2,201 banking offices and 4,506 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
                  Karen Greenwood, 612-303-0731

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Copyright (C) 2003 Business Wire.  All rights reserved.

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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