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U.S. Bancorp to Present at the Piper Jaffray Retail Banking Symposium

MINNEAPOLIS, June 15 /PRNewswire-FirstCall/ -- U.S. Bancorp (NYSE: USB) announced today that Kathy Beechem, executive vice president of Metropolitan Banking, is scheduled to present at the Piper Jaffray Retail Banking Symposium. The presentation will begin at 10:15 a.m. (EDT) on Thursday, June 17, 2004, at The Ritz-Carlton, Boston Common, Boston, MA. The presentation will include information about U.S. Bancorp's retail banking franchise.

A live audio-webcast of the presentation will be available through U.S. Bancorp's website at http://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 approximately one hour after the live presentation at the same location on the website for 30 days.

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, 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 http://usbank.com .

SOURCE  U.S. Bancorp
    -0-                             06/15/2004
    /CONTACT: Investor Relations, Judith T. Murphy, +1-612-303-0783, or H.D.
McCullough, +1-612-303-0786, or Public Relations, Steve Dale, +1-612-303-0784,
all of U.S. Bancorp/
    /Company News On-Call:  http://www.prnewswire.com/comp/312402.html/
    /Web site:  http://www.usbank.com /
    (USB)

CO:  U.S. Bancorp; Piper Jaffray Retail Banking Symposium
ST:  Minnesota, Massachusetts
IN:  FIN
SU:  CCA MAV

CM-JK 
-- CGTU062 --
5006 06/15/2004 16:00 EDT http://www.prnewswire.com
"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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