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U.S. Bancorp Employees to Paint 33 Twin Cities Homes With ``a Brush of Kindness''

MINNEAPOLIS--(BUSINESS WIRE)--Aug. 5, 2004--Thirty-three homes in Minneapolis and St. Paul will get spruced-up when more than 1,100 U.S. Bancorp employee volunteers participate in the annual summer event A Brush With Kindness. Volunteer crews will paint homes on Saturday, August 14 from 8 a.m. until approximately 4 p.m.

"U.S. Bancorp employee volunteers will 'adopt' the homes by painting them and making minor repairs for low-income homeowners," said David Latta, Twin Cities market president, U.S. Bank. "This is the sixth year U.S. Bancorp employees have volunteered to help out neighborhoods through this special program with Habitat for Humanity."

U.S. Bancorp has the most corporate volunteers and teams for this year's A Brush With Kindness. More than a dozen companies are participating in the Twin Cities this year.

"We're excited that once again, U.S. Bancorp employees will volunteer their time and energy and make area homes look nicer," said Pat Lund, manager of A Brush With Kindness. "More than 85 homes have been painted by U.S. Bancorp employee volunteers through this program in the past five years."

A Brush With Kindness, a special program of Twin Cities Habitat for Humanity, is a volunteer program that transforms neighborhoods by assisting qualifying low-income homeowners in their efforts to live independently and securely in their homes. It works in cooperation with neighborhood associations, churches and businesses to target specific blocks that can most benefit from a concentrated effort to beautify and improve the quality of the homes. Volunteer crews "adopt" specific homes where they do exterior painting, landscaping and make minor exterior repairs. Homeowners work alongside the volunteer crews.

U.S. Bancorp (NYSE:USB), with assets of $190 billion, is the 6th largest financial services holding company in the United States. The company operates 2,315 banking offices and 4,565 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.

Editor's note: A list of the homes and addresses that will be painted is available by calling Amy Frantti at (612) 303-0733 or by e-mail at amy.frantti@usbank.com.

    CONTACT: U.S. Bank Media Relations
             Amy Frantti, 612-303-0733

    SOURCE: U.S. Bancorp
"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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