US BANCORP \DE\ — Director's Dealing 2008

Feb 20, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2008-02-19

Reporting Person: Hoesley Joseph C (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-19	Common Stock, $0.01 par value	F	340	$32.87	Disposed	59425	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	11183.5098	Indirect
Common Stock, $0.01 par value	48975	Indirect
Common Stock, $0.01 par value	3223.7995	Indirect

Footnotes

F1: Based on a plan report dated February 4, 2008, the most recent plan report available.