US BANCORP \DE\ — Director's Dealing 2007

Nov 6, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2007-11-05

Reporting Person: JOSEPH PAMELA A (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-05	Common Stock, $0.01 par value	G	1500	—	Disposed	52445.3367	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	871.9937	Indirect

Footnotes

F1: Based on a plan report dated October 31, 2007, the most recent plan report available.