QUANTUMONLINE.COM SECURITY DESCRIPTION:  USB Capital Trust X, 6.50% Trust Preferred Securities, liquidation amount $25 per share, guaranteed by U.S. Bancorp (NYSE: USB) (See our definition of Guaranteed in our Glossary of Income Investing Terms for the technicalities of the guarantee), redeemable at the issuer's option on or after 4/12/2011 at $25 per share plus accrued and unpaid dividends, and maturing 4/12/2066. Cumulative distributions of 6.50% ($1.625) per annum are paid quarterly on 1/12, 4/12, 7/12 & 10/12 to holders of record on the record date which is one business day prior to the payment date while the securities remain in global security form (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Dividends paid by trust preferred securities are derived from interest paid to the underlying securities and therefore are NOT eligible for the 15% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. The company has the right, at any time, to defer interest payments for up to 20 consecutive quarters (but not beyond the maturity date). The trust's assets consist of the 6.50% Junior Subordinated Deferrable Interest Debentures due 4/12/2066 which were purchased from the company using the funds generated from the sale of the trust preferred securities. See the IPO prospectus for further information on the trust preferred securities by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	6.50% $1.625	$25.00 $25.00	Called for 2/22/2012 4/12/2066	A2 BBB+ 11/02/2011	1/12, 4/12, 7/12 & 10/12 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Company's Online Information Links

HOME PAGE:     http://www.usbank.com/
Company's Investor Relations Information	Go to Investor Relations Information
Company's Online News Releases	Go to News Releases
Online Company Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

Go to SEC Filings

Company's Email Address Links

Email Address	judith.murphy@usbank.com
Email Request Form on Website	Go to Email Form

Address and Phone Numbers

Address:   800 Nicollet Mall, Minneapolis, MN 55402
Main Phone Number	651-466-3000
Fax Number	612-303-0782
Investor Relations   Judith T. Murphy	612-303-0783
Toll Free Phone Number	866-775-9668

CEO - Richard K. Davis

CFO - Andrew Cecere