U.S. Bank
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U.S. Bancorp Third Quarter Earnings Release and Conference Call Set for Tuesday, October 19, 2004

MINNEAPOLIS, Oct. 4 /PRNewswire-FirstCall/ -- U.S. Bancorp (NYSE: USB) will release its third quarter 2004 earnings results before the market opens on Tuesday, October 19, 2004. At 1:00 p.m. (CDT) Jerry A. Grundhofer, chairman, president and chief executive officer, and David Moffett, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available by telephone or on the Internet.

Via telephone:

To access the conference call, please dial 800-223-9488 and ask for the U.S. Bancorp earnings conference call. Participants calling from outside the United States, please dial 785-832-1508.

For those unable to participate during the live call, a recording of the call will be available approximately one hour after the conference call ends on Tuesday, October 19th, and will run through Tuesday, October 26th, at 11:00 p.m. (CDT). To access the recorded message dial 888-276-5316. If calling from outside the United States, please dial 402-220-2333 to access the recording.


     Via Internet:
     http://usbank.com

Minneapolis-based U.S. Bancorp ("USB"), with $190 billion in assets, is the 6th largest financial services holding company in the United States. The company operates 2,344 banking offices and 4,578 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 http://usbank.com .

SOURCE  U.S. Bancorp
    -0-                             10/04/2004
    /CONTACT:  Investor Relations, H. D. McCullough, +1-612-303-0786, or
Judith T. Murphy, +1-612-303-0783, or Media Relations, Steve Dale,
+1-612-303-0784, all of U.S. Bancorp/
    /Company News On-Call:  http://www.prnewswire.com/comp/312402.html /
    /Web site:  http://www.usbank.com /
    (USB)

CO:  U.S. Bancorp
ST:  Minnesota
IN:  FIN
SU:  CCA MAV

AM-CM 
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2130 10/04/2004 18:34 EDT http://www.prnewswire.com
"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.