US BANCORP \DE\ — Director's Dealing 2004

Aug 18, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2004-08-16

Reporting Person: CECERE ANDREW (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-16	Common Stock, $0.01 par value	G	175	—	Disposed	157654	Direct
2004-08-16	Common Stock, $0.01 par value	G	425	—	Disposed	157229	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	5143.98	Indirect
Common Stock, $0.01 par value	341	Indirect

Footnotes

F1: Based on a plan report dated 7/31/04, the most recent plan report available.