MINNEAPOLIS, May 11 /PRNewswire-FirstCall/ -- U.S. Bancorp (NYSE: USB) announced today that Jerry A. Grundhofer, chairman, president and CEO, is scheduled to present at the Lehman Brothers Seventh Annual Financial Services Conference in London, England. The presentation will begin at 10:10 a.m. (London time) on Thursday, May 13, 2004. 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 Thursday by calling 612-303-0781. A replay of the webcast will be available for 3 months at the same location on the website.

Minneapolis-based U.S. Bancorp, with $192 billion in assets, is the 7th largest financial services holding company in the United States. The company operates 2,275 banking offices and 4,472 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, and 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