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U.S. Bancorp to Present at the Ryan Beck Financial Institutions Investor Conference

MINNEAPOLIS--(BUSINESS WIRE)--Dec. 4, 2006--U.S. Bancorp (NYSE:USB) announced today that Pamela Joseph, vice chairman of U.S. Bancorp and chief executive officer of NOVA Information Systems, a wholly owned subsidiary of U.S. Bancorp, is scheduled to present at the Ryan Beck Financial Institutions Investor Conference. The presentation will be held on Thursday, December 7, 2006, at 3:00 p.m. (EST) at the Waldorf Astoria in New York City, NY.

A live audio-webcast of the presentation will be available through U.S. Bancorp's website at usbank.com. To access the webcast and handouts 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 can be found on the "Webcasts and Presentations" page. Individuals without Internet access may request a copy of the slide presentation on Thursday by calling 612-303-0781. A replay of the webcast will be available approximately eight hours after the live presentation on December 7th at the same location on the website for 60 days.

Minneapolis-based U.S. Bancorp, with $217 billion in assets, is the 6th largest financial holding company in the United States. The company operates 2,462 banking offices and 4,943 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
Judith T. Murphy, Investor Relations, 612-303-0783
or
Steve Dale, Public Relations, 612-303-0784

SOURCE: U.S. Bancorp

"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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