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U.S. Bank's Damon Miller Receives National Leadership Award from Junior Achievement of Utah, Inc.

SALT LAKE CITY--(BUSINESS WIRE)--Nov. 10, 2005--Junior Achievement of Utah, Inc., (J.A. of Utah) presented its 2005 National Leadership Award to Damon Miller, president of U.S. Bank (NYSE:USB) in Utah. Miller received the award during the dedication ceremony for U.S. Bank's Utah state headquarters at 170 South Main in downtown Salt Lake City on Wednesday, Nov. 9.

Phil Cofield, president and chief executive officer of J.A. of Utah, presented the award to Miller. "Damon was chairman of J.A. of Utah's state board of directors for the 2004 - 2005 fiscal year, the fiftieth anniversary of our organization," said Cofield. "Under Damon's leadership we garnered 50,000 student participants for the year in more than 2,300 Utah classrooms. Without Damon at the helm, we would not have achieved this incredible goal."

Each classroom has a business volunteer. U.S. Bank sponsors an entire school and provides the bulk of classroom volunteers.

"It is an honor to be recognized by J.A. of Utah, and to be associated with this fine organization that provides our young people with information and tools about the free enterprise system in our country," said Miller. "I am proud to be a supporter and member of J.A. of Utah."

Junior Achievement is a volunteer driven, non-profit organization. This year more than 2,000 business professionals, parents, retirees and college students will enter schools to teach Junior Achievement programs in Utah, reaching more than 50,000 students. These volunteers use their personal experiences to make the Junior Achievement curricula practical and realistic. Providing children with positive adult role models, who illustrate ways to build self-confidence, develop skills and find avenues of success in our free enterprise system, is a hallmark of Junior Achievement.

U.S. Bancorp (NYSE:USB), with $207 billion in assets, is the 6th largest financial holding company in the United States. The company operates 2,396 banking offices and 4,986 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. Bank
Media Relations
Amy Frantti, 612-303-0733
Kristine Pasowicz, 612-303-0731

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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