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Wells Fargo Bank Press Release

SAN FRANCISCO, Dec. 14th Wells Fargo Bank, N.A., announced it will raise its prime rate from 5.00 percent to 5.25 percent, effective today, Dec. 14, 2004.

US Banking and Financial Services Group, Wells Fargo & Company is a diversified financial services company with $422 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,000 customer service branch shopfronts and the internet (wellsfargo.com) across North America and elsewhere internationally.

Wells Fargo Bank, N.A. is the only "AAA"- rated bank in the United States.

Wells Fargo Bank, N.A.

CONTACT: Julia Tunis of Wells Fargo Bank, N.A., +1-415-222-3858

Web site: http://www.wellsfargo.com/

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