NEWS

WIRES

OTHER

Wachovia Insurance Services, Inc. Becomes Wells Fargo Insurance Services USA, Inc.

"Wells Fargo Insurance Services USA, Inc. is now an integral part of one of the world's largest, most diversified and most respected financial services companies," said Neal Aton, Wells Fargo Insurance Services CEO. "Brokers will continue to provide the same outstanding service, creative thinking, and industry knowledge and experience customers are accustomed to receiving, and now with greater access to national resources."

For customers, the name change means they will begin seeing the Wells Fargo Insurance Services name on communications and Web sites. No changes to their accounts or services are expected at this time. Customers will continue to be served by their existing insurance professionals. Wells Fargo Insurance Services USA, Inc. will become a direct subsidiary of Wells Fargo Insurance Services next year.

About Wells Fargo Insurance Services, Inc.

Wells Fargo Insurance Services Inc., along with Wachovia Insurance Services, places $15.5 billion of risk premiums with expertise in property, casualty, benefits, international, personal lines and life products. The combined company has more 200 offices in 37 states and 9,200 insurance professionals. Wells Fargo Party Administrators and Wells Fargo Disability Management are ranked as the third-largest multiline third-party administrators that offer employee benefit and property and casualty claims administration (Business Insurance). For more information about Wells Fargo Insurance Services, visit www.wellsfargo.com/wfis.

Wells Fargo & Company is a diversified financial services company with $1.3 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,400 stores, more than 12,000 ATMs and the Internet (wellsfargo.com) across North America and internationally.

Wells Fargo & Company
Investor Relations
Jim Rowe, 415-396-8216
or
Media
Katie Ellis, 415-222-3767