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U.S. Bank Named Vendor of the Year by Missouri Auto Group

JOPLIN, Mo.--(BUSINESS WIRE)--Feb. 2, 2005--The Continental Auto Group, based in Joplin, Mo., has named U.S. Bank Vendor of the Year for 2004. The group recognized U.S. Bank for its service and pricing, all of which have contributed to Continental's success in 2004.

Frank Reahr, a 33-year employee of U.S. Bank, is the relationship manager for Continental and accepted the award on behalf of U.S. Bank at Continental's employee recognition banquet on Saturday, Jan. 22. Reahr is part of the U.S. Bank Dealer Commercial Services group, Midwest region, and is based in St. Louis. He covers Missouri, Kansas, central and southern Illinois, Nebraska and northwest Arkansas.

Continental has been a customer of U.S. Bank since 1999. It operates five stores Joplin Ford and Continental Chrysler in Joplin, Mo., Neosho Ford and Neosho Chrysler in Neosho, Mo. and Aurora Chrysler. U.S. Bank recently implemented a 401(k) program for Continental employees at all stores effective on Jan. 1, 2005. They also chose U.S. Bank for their merchant card program.

"We are very proud of the work Frank has done to serve the Continental group and be a trusted financial partner," said Bill Cichoski, who manages the Midwest division of U.S. Bank Dealer Commercial Services. "He demonstrates U.S. Bank's commitment to Five Star Service every day and is truly a champion for his customers. We are grateful to Continental for this recognition."

U.S. Bank is a subsidiary of U.S. Bancorp (NYSE:USB). With assets of $195 billion, U.S. Bancorp 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 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. Visit U.S. Bancorp on the web at usbank.com.

    CONTACT: U.S. Bank Media Relations
             Teri Charest, 612-303-0732

    SOURCE: U.S. Bank
"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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