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U.S. Bancorp to Present at the Lehman Brothers 2004 Financial Services Conference

MINNEAPOLIS, Sept. 13 /PRNewswire-FirstCall/ -- U.S. Bancorp (NYSE: USB) announced today that Jerry A. Grundhofer, chairman, president and chief executive officer, is scheduled to present at the Lehman Brothers 2004 Financial Services Conference. The presentation will begin at 7:45 a.m. EDT on Wednesday, September 15, 2004, at The Hilton New York in New York City. 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 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 "Webcasts and Presentations," under the Investor Information section. Individuals without Internet access may request a copy of the slide presentation on Wednesday by calling 612-303-0781. A replay of the webcast will be available at the same location on the website for 90 days.

Minneapolis-based U.S. Bancorp, with $190 billion in assets, is the 6th largest financial services holding company in the United States. The company operates 2,344 banking offices and 4,578 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-                             09/13/2004
    /CONTACT:  Judith T. Murphy, Investor Relations, +1-612-303-0783, or H.D.
McCullough, Investor Relations, +1-612-303-0786, or Steve Dale, Public
Relations, +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; Lehman Brothers 2004 Financial Services Conference
ST:  Minnesota, New York
IN:  FIN
SU:  CCA MAV

JR-JS 
-- CGM040 --
7333 09/13/2004 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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