U.S. Bancorp Announces Redemption of 7.20 Percent Trust Originated Preferred Securities of USB Capital II.

Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--March 4, 2003

U.S. Bancorp (NYSE NYSE

See: New York Stock Exchange :USB USB
in full Universal Serial Bus

Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. ) announced that its subsidiary company, USB Capital II, will redeem 100 percent of its 7.20 percent Trust Originated Preferred Securities (NYSE: USB PRA PRA - PRAgmatics.

The language used by COPS for specification of code generators.

["Metalanguages of the Compiler Production System COPS", J. Borowiec, in GI Fachgesprach "Compiler-Compiler", ed W. Henhapl, Tech Hochs Darmstadt 1978, pp. 122-159]. ; CUSIP CUSIP

See: Committee on Uniform Securities Identification Procedures

CUSIP

See Committee on Uniform Securities Identification Procedures. No. 90332M2008) on April 1, 2003. The redemption price Redemption price

See: Call price

redemption price

1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share.

2. for the securities is $25 per preferred security, plus accumulated and unpaid distributions thereon to the date of redemption. Distributions will cease to accumulate on and after that date. The outstanding principal amount represented by the 7.20 percent Trust Originated Preferred Securities is $350,000,000.

Minneapolis-based U.S. Bancorp, with $180 billion in assets, is the 8th largest financial services holding company in the United States. The company operates 2,142 banking offices and 4,604 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.

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Date:	Mar 4, 2003
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