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U.S. Bancorp Second Quarter Earnings Release and Conference Call Set for Tuesday, July 20, 2004

MINNEAPOLIS, Jul 6, 2004 /PRNewswire-FirstCall via COMTEX/ -- U.S. Bancorp (NYSE: USB) will release its second quarter 2004 earnings results before the market opens on Tuesday, July 20, 2004. At 1:00 p.m. (CDT) Jerry A. Grundhofer, chairman, president and chief executive officer, and David Moffett, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available by telephone or on the Internet.

Via telephone:

To access the conference call, please dial 800-540-0559 and ask for the U.S. Bancorp earnings conference call. Participants calling from outside the United States, please dial 785-832-1508.

For those unable to participate during the live call, a recording of the call will be available approximately one hour after the conference call ends on Tuesday, July 20th, and will run through Tuesday, July 27th at 11:00 p.m. (CDT). To access the recorded message dial 888-567-0677. If calling from outside the United States, please dial 402-530-0419 to access the recording.

     Via Internet:

Minneapolis-based U.S. Bancorp ("USB"), with $192 billion in assets, is the 6th 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

Investor Relations, H. D. McCullough, +1-612-303-0786, or
Judith T. Murphy, +1-612-303-0783; or Media Relations, Steve Dale,
+1-612-303-0784, all of U.S. Bancorp
/Company News On-Call:  http://www.prnewswire.com/comp/312402.html
"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.

The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for inaccuracies or omissions in that information or for actions taken in reliance on that information. U.S. Bancorp does not undertake an obligation, and disclaims any duty, to update any of the information on or available through this site.

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