US BANCORP \DE\ — Director's Dealing 2008

Apr 29, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2008-04-29

Reporting Person: Hoesley Joseph C (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-04-29	Common Stock, $0.01 par value	S	3265.5148	$34.46	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	59425	Direct
Common Stock, $0.01 par value	11392.9873	Indirect
Common Stock, $0.01 par value	48975	Indirect

Footnotes

F1: Includes amounts acquired pursuant to dividend reinvestment in April 2008.

F2: Based on a plan report dated March 31, 2008, the most recent plan report available.