MINNEAPOLIS, Jan 25, 2005 /PRNewswire-FirstCall via COMTEX/ -- U.S. Bancorp (NYSE: USB) announced today that Jerry A. Grundhofer, chairman and chief executive officer, is scheduled to present at the Credit Suisse First Boston 2005 Financial Services Conference. The presentation will begin at 4:00 p.m. (EST) on Tuesday, February 8, 2005, at the Ritz-Carlton Orlando Grande Lake in Orlando, Florida. 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 usbank.com. To access the webcast and slides used in the presentation, go to U.S. Bancorp's website and click on "About U.S. Bancorp" and then "Investor/Shareholder Relations". The webcast link can be found under "Webcasts and Presentations" in the "News and Events" section. Individuals without Internet access may request a copy of the slide presentation on Tuesday, February 8, 2005, by calling 612-303-0781. A replay of the webcast will be available within 24 hours at the same location on the website for 30 days.

Minneapolis-based U.S. Bancorp, with $195 billion in assets, is the 6th largest financial services holding company in the United States. The company operates 2,370 banking offices and 4,620 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 usbank.com.

SOURCE U.S. Bancorp

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

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