Press Release

DBRS Releases Report on U.S. Bancorp and Its Related Entities

Banking Organizations
December 08, 2008

DBRS has today released a report on U.S. Bancorp (USB or the Company) and its related entities that supports the recent rating confirmation of all their ratings, including USB’s Issuer & Senior Debt rating at AA, with Stable trends.

Today’s report and the November 25, 2008, press release are available at www.dbrs.com.

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