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U.S. Bancorp to Participate in Conference Call Hosted by Prudential Equity Group, LLC

MINNEAPOLIS, Sept. 21 /PRNewswire-FirstCall/ -- U.S. Bancorp (NYSE: USB) announced today that Todd Loudenslager, vice president, is scheduled to participate in a conference call hosted by Prudential Equity Group, LLC. The conference call is entitled "Check 21: Who Wins and Loses?" The guest speakers on the conference call will be discussing Check 21 and its impact on the banking and financial processing industries. The conference call is scheduled for Thursday, September 23, 2004, at 11:30 a.m. (EDT).

To access the conference call, please dial 888-328-2507. Participants calling from outside the United States, please dial 706-643-0457. The conference ID number is 288263. For those unable to participate in the live call, a recording of the call will be available shortly after the live call through Thursday, September 30, 2004. To access the recorded message, please dial 800-642-1687. If calling from outside the United States, please dial 706-645-9291 to access the recording. The conference ID number for the replay is 288263.

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-                             09/21/2004
    /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 /

CO:  U.S. Bancorp; Prudential Equity Group, LLC
ST:  Minnesota

-- CGTU053 --
0538 09/21/2004 17:06 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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