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U.S. Bank Voyager Announces Card Acceptance Agreement with Enterprise Rent-A-Car

HOUSTON, Mar 4, 2004 (BUSINESS WIRE) -- U.S. Bancorp (NYSE:USB)

U.S. Bank Voyager Fleet Systems Inc. and Enterprise Rent-A-Car have entered into a card acceptance agreement that will allow Voyager to offer all its fleet customers a nationwide car rental program -- with a national pricing structure -- that can be billed directly through their Voyager Fleet Card. Voyager drivers can take advantage of this program should they need to rent a car while waiting for theirs to be repaired.

With more than 5,000 locations nationwide, and a 47-year history, Enterprise has built an infrastructure unique in its ability to serve the mechanical and accident replacement industry. In fact, Enterprise is within 15 miles of 90 percent of the United States population. Enterprise offers a free pick-up and return service and with more than 500,000 vehicles in its fleet, Enterprise is ideally suited to meet any replacement rental need.

"Voyager is pleased to provide our customers with the added convenience of card acceptance at Enterprise," said Michael Oleniczak, Voyager's vice president for Merchant Acceptance. "Enterprise is a premier provider of rental vehicles, and we think our customers will really appreciate their unique approach to customer service."

The Voyager and Enterprise Rent-A-Car process is simple. When a Voyager Fleet driver needs to rent a car, the driver simply calls the Enterprise Rent-A-Car Reservation Center at 1-800-228-2325. The Enterprise agent will make a reservation under the Voyager account number at the nearest Enterprise branch to the driver's repair facility, workplace, or home.

The driver need only provide his or her card number, expiration date, and their Voyager driver identification number. (Voyager Fleet drivers must be at least 21 years of age with a valid Drivers License.)

About Enterprise

Founded in 1957, Enterprise Rent-A-Car is headquartered in St. Louis and has more than 5,000 offices in the United States. Enterprise is the largest rental car company in North America and is currently number 16 on the Forbes "Top 500 Largest Private Companies" list.

About Voyager

U.S. Bank Voyager Fleet Systems Inc. is a leading provider of the universal fleet fueling and maintenance card for over 1.3 million vehicles. Specifically designed to serve the needs of any size fleet, Voyager issues the Voyager Fleet Card, accepted at over 185,000 retail locations in all 50 states and provides comprehensive fleet management information services to commercial businesses and government agencies. Visit Voyager on the web at www.usbank.com/voyagerfleet.

Voyager is a wholly owned subsidiary of Minneapolis-based U.S. Bancorp (NYSE:USB). With assets in excess of $189 billion, U.S. Bancorp is the 8th largest financial services holding company in the United States. 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. Visit U.S. Bancorp on the web at www.usbank.com.

SOURCE: U.S. Bank Voyager Fleet Systems Inc.

CONTACT:          Teri Charest, U.S. Bancorp Media Relations, 612-303-0732
                  Dan Endy, Corporate Payment Systems, 612-973-6901

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Copyright (C) 2004 Business Wire.  All rights reserved.

SOURCE: U.S. Bank Voyager Fleet Systems Inc.

"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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