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U.S. Bank Announces 2004-2005 Internet Scholarship Winners

MINNEAPOLIS--(BUSINESS WIRE)--Aug. 4, 2005--U.S. Bank has announced the 30 high school seniors who will receive a $1,000 U.S. Bank Internet scholarship. The 30 winners were selected from students throughout the country who applied for the ninth annual Internet scholarship program sponsored by the U.S. Bank student banking division.

The 2004-2005 U.S. Bank Internet scholarship winners are:

Laura Stewart - Anchorage, Alaska
Leslie Congdon - Safford, Arizona
Sheena Jones - Hermitage, Arkansas
Omar Ramil - Carson, California
David Sarra - Antelope, California
Brenda Nix - Wiggins, Colorado
Brittany Brooks - Post Falls, Idaho
Corinna Cicmanec - Grayslake, Illinois
Kathryn Dunning - Braidwood, Illinois
Samuel Key - Marion, Indiana
Whitney Winterfeld - Ogden, Iowa
Shannon Creek - Olathe, Kansas
Lloyd Jackson Jr. - Louisville, Kentucky
Trent Pink - Kelliher, Minnesota
Alicia Dowell - Monroe City, Missouri
Cassie Strauss - Great Falls, Montana
Michaela Anderson - Bellevue, Nebraska
Steve Lee - Sparks, Nevada
Amber Jensen - Kenmare, North Dakota
Neil Anderson - Lexington, Ohio
Amy McMahan - La Grande, Oregon
Tracy Bertalot - Spearfish, South Dakota
Eric Fiegen - Dell Rapids, South Dakota
Felicia Foreman - Pulaski, Tennessee
Michael Noyes - Lyman, Utah
Nina Hampton - Koosharem, Utah
Corinna Wright - Sequim, Washington
Jorie Tappa - Green Bay, Wisconsin
Lukas Barthel - Franksville, Wisconsin
Matt King - Guernsey, Wyoming

"U.S. Bank is pleased to provide Internet scholarships to these students," said Russ Kruse, senior vice president of U.S. Bank Student Banking. "A college education costs more every year, and we like to do what we can to help students pay for one of the biggest investments of their lives through our Internet scholarship program and our wide range of student banking products and services."

The 2005-2006 online scholarship application will be available beginning October 2005 via U.S. Bank's website, usbank.com/studentbanking. Applicants must be high school seniors planning to enroll full-time in an accredited two- or four-year college or university.

U.S. Bank is one of the top student banking institutions in the nation, providing a comprehensive line of student banking products including student loans, campus ID card programs, Internet banking, U.S. Bank student checking and savings, and Visa Buxx(R) prepaid spending cards. U.S. Bank student loans offer quality toll-free customer service, state-of-the-art loan processing, online application accessibility, and a variety of repayment options that offer savings to borrowers. Student loan products include Federal Stafford, PLUS, Consolidation, and Supplemental education loans. The U.S. Bank web site usbank.com/studentbanking offers the full array of student banking products, services and paying for college information as well as a powerful scholarship search engine.

U.S. Bancorp (NYSE:USB) is the parent company of U.S. Bank. With assets of $204 billion, it is the 6th largest financial holding company in the United States. The company operates 2,383 banking offices and 4,877 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. Member FDIC.

Media Relations
Amy Frantti, 612-303-0733


"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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