MINNEAPOLIS--(BUSINESS WIRE)--Sept. 7, 2006--U.S. Bancorp (NYSE: USB) announced today that Richard K. Davis, president and chief operating officer, is scheduled to present at the Lehman Brothers 2006 Financial Services Conference. The presentation will begin at approximately 11:45 a.m. EDT on Tuesday, September 12, 2006, at The Waldorf Astoria in New York City. The presentation will include information about U.S. Bancorp's financial performance and corporate strategies.

A live audio-webcast of the presentation will be available through U.S. Bancorp's website at usbank.com. In addition, a 30 minute break-out question and answer session will be held immediately following the formal presentation. The break-out session will also be included in the live audio-webcast. To access the webcast and slides used in the presentation, go to U.S. Bancorp's website and click on "About U.S. Bancorp" and then "Investor/Shareholder Information". The link to the webcast and slides will be found on the "Webcasts and Presentations" page. Individuals without Internet access may request a copy of the slide presentation on Tuesday by calling 612-303-0781. A replay of the webcast will be available within 24 hours at the same location on the website for 90 days.

Minneapolis-based U.S. Bancorp, with $213 billion in assets, is the 6th largest financial holding company in the United States. The company operates 2,434 banking offices and 4,966 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 usbank.com.

CONTACT: U.S. Bancorp
Investor Relations
Judith T. Murphy, 612-303-0783
or
Public Relations
Steve Dale, 612-303-0784

SOURCE: U.S. Bancorp