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U.S. Bank Promotes Moos to Senior Vice President and Business Manager for Voyager Fleet and Multi Service Aviation Business

HOUSTON--(BUSINESS WIRE)--Oct. 3, 2005--Robert Abele, executive vice president for U.S. Bank Corporate Payment Systems, announced the promotion of Danny Moos as senior vice president and business manager for U.S. Bank's Voyager Fleet Systems and Multi Service Aviation businesses.

Moos, 55, previously vice president of planning for Voyager, will now be responsible for the ongoing strategic development, day-to-day management and product management tied to these two business units, which are each uniquely positioned as one of the top two companies in their respective transportation fueling markets.

"We are thrilled to recognize and reward Danny for his outstanding contributions to U.S. Bank's bottom line," Abele stated. "We have some very high goals and expectations for our Voyager Fleet and Multi Service Aviation businesses, and I am quite confident that with Danny's unique industry understanding and expertise, we will get there."

Moos joined U.S. Bank in November 2003. He brings 10 years of fleet fueling knowledge and experience to this new role, experience he gained through a succession of senior management roles in several other sizeable fueling businesses. Prior to joining U.S. Bank, Moos was executive vice president and chief financial officer at FleetCor Technologies, and held similar executive positions with publicly traded companies Phonetel Technologies and LDI Corporation.

U.S. Bank Voyager Fleet Systems Inc. is a leading provider of the universal fleet fueling and maintenance card for more than 1.5 million vehicles. Specifically designed to serve the needs of any size fleet, Voyager issues the Voyager Fleet Card, accepted at more than 200,000 retail locations in all 50 states and provides comprehensive fleet management information services to commercial businesses and government agencies. Visit Voyager on the web at usbank.com/voyagerfleet.

The U.S. Bank Multi Service Card is the most widely used corporate aviation card in the world. In addition, cardholders receive detailed management and billing reports which help them manage costs. Multi Service is headquartered in Overland Park, Kansas, a suburb of Kansas City, and also has offices in Australia and The Netherlands. Visit Multi Service on the web at multiservice.com.

U.S. Bancorp (NYSE:USB), with more than $204 billion in assets, is the 6th largest financial services holding company in the United States. The company operates 2,383 banking offices and 4,877 ATMs in 24 states, 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 in which the company pays customers if certain key banking benefits and services are not met. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at usbank.com.

CONTACT: U.S. Bancorp Media Relations
Teri Charest, 612-303-0732
or
U.S. Bank Corporate Payment Systems
Dan Endy, 612-973-1512

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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