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U.S. Bank Multi Service Aviation Attends EBACE - First Major International Event after Acquisition by U.S. Bank

OVERLAND PARK, Kan.--(BUSINESS WIRE)--May 3, 2006--Multi Service Aviation will be attending the European Business Aviation Conference and Exhibition (EBACE) in Geneva, Switzerland, May 3-5, 2006. This is the first major international aviation industry event for Multi Service Aviation since it was acquired by U.S. Bank in March 2005.

Multi Service Aviation was formerly a division of Multi Service Corporation before being acquired by U.S. Bank. Those who attend the EBACE Conference and visit Multi Service Aviation will notice a new logo and new look on its booth displays and literature.

"The transition to ownership by U.S. Bank has brought changes to our outside appearance, such as our logo and images, but it has also strengthened our product offering and reinforced our history of financial integrity," said Diane Criswell, vice president of general aviation for Multi Service Aviation. "Through the transition, the one thing that has not changed is our dedicated commitment to our cardholders and merchants. U.S. Bank and Multi Service Aviation continually strive to ensure exceptional service, and we deliver on that promise every day."

Executives from U.S. Bank Multi Service Aviation will be attending the conference. "Our goal is to continue providing a product that meets and exceeds the standards established by Multi Service Aviation's history in the general aviation industry," said Daniel Moos, senior vice president and business manager for Multi Service Aviation. "We invite all cardholders and merchants to join us at EBACE to discuss the acquisition and ongoing plans to better service our clients and business relationships."

During the EBACE Convention, Multi Service Aviation will be located in booth 1150 in the Geneva Palexpo Conference Center in Geneva, Switzerland.

About Multi Service Aviation

For over 25 years, Multi Service Aviation has served the aviation industry with financial integrity, security, and unsurpassed customer service. The Multi Service Aviation Card is accepted worldwide by more than 7,000 aviation service providers in over 190 countries and has been voted the Best Fuel Card by Professional Pilot magazine's PRASE Survey every year since the survey began in 1992. Multi Service Aviation provides cardholders with customized billing, free online account maintenance, and savings on fuel, while giving merchants account flexibility, free business promotion, competitive bank card processing, and fast transaction authorization and settlement. Multi Service Aviation promises that whatever you fly, wherever you go, the Multi Service Aviation Card is the only card you need. To learn more about U.S. Bank Multi Service Aviation, visit www.aviation.multiservice.com.

Multi Service Aviation is part of U.S. Bank Corporate Payment Systems and its parent company, U.S. Bancorp (NYSE:USB). With assets of $210 billion, U.S. Bancorp is the 6th largest financial holding company in the United States. The company operates 2,430 banking offices and 4,941 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 www.usbank.com.

CONTACT: U.S. Bank Media Relations
Teri Charest, 612-303-0732
Multi Service Aviation
Jill Burley, 913-344-6532

SOURCE: U.S. Bank Multi Service Aviation

"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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