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U.S. Bank Announces 2005-2006 Internet Scholarship Winners

MINNEAPOLIS--(BUSINESS WIRE)--July 6, 2006--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 tenth annual Internet scholarship program sponsored by the U.S. Bank student banking division.

The 2005-2006 U.S. Bank Internet scholarship winners are:

- Jenna Gonzales - Juneau, Alaska
- Cassandra Anderson - Sierra Vista, Arizona
- Jessie Green - Jessieville, Arkansas
- Gregory Arbuckle - Buena Park, California
- Randi Saba - Pine Grove, Colorado
- Andrew Bear - Rathdrum, Idaho
- Lauren Carr - Carol Stream, Illinois
- Benjamin Williams - Orleans, Indiana
- Kate Glassman - Ankeny, Iowa
- Nicole Pipho - Sumner, Iowa
- Benjamin Mitts - Olathe, Kansas
- Kristina Phelps - Utica, Kentucky
- Anthony Gergen - Shoreview, Minnesota
- Timothy Walls - Defiance, Missouri
- Jonathan Pollmann - St. Louis, Missouri
- Amanda Hodgen - Joliet, Montana
- Jennifer Vrbicky - Clarkson, Nebraska
- Jeremy Johnson - Union, Nebraska
- Kathleen McAndrews - Reno, Nevada
- Matthew Nowak - Minot, North Dakota
- Carley Zimmerman - Cincinnati, Ohio
- Lisa Vella - Wilsonville, Oregon
- Danielle Veurink - Corsica, South Dakota
- Kate Hollingsworth - Louisville, Tennessee
- Kelli Parker - Heber City, Utah
- Sean Reichert - Cathlamet, Washington
- Zachary Williams - Colville, Washington
- Ashley Stonebridge - Freeland, Washington
- Jonathan Staebell - Madison, Wisconsin
- Daryll Fink - Lander, Wyoming

"U.S. Bank is pleased to mark the tenth year of its Internet scholarship program," said Russ Kruse, senior vice president of U.S. Bank Student Banking. "The cost of a college education seems to increase every year. U.S. Bank likes to do its part 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 2006-2007 online scholarship application will be available beginning October 2006 via U.S. Bank's Web site at www.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. Bank is a subsidiary of U.S. Bancorp (NYSE:USB). With $210 billion in assets, 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 in 24 states, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com. Member FDIC.

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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