Wells Fargo & Company (NYSE: WFC) is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance for more than 23 million customers through 6,200 stores, the internet and other distribution channels across North America and elsewhere internationally.

We’re headquartered in San Francisco, but we’re decentralized so every local Wells Fargo store is a headquarters for satisfying all our customers’ financial needs and helping them succeed financially. Wells Fargo has $492 billion in assets and 152,000 team members. We’re one of the United States’ top-40 largest private employers. We ranked fifth in assets and fourth in market value of our stock among our peers as of March 31, 2006.

Our vision: satisfy all our customers’ financial needs, help them succeed financially, be known as one of America’s great companies and the number-one financial services provider in each of our markets.
Reputation

Barron's World’s most admired financial services company

Business Ethics Ranked top-20 corporate citizen

BusinessWeek Among Web Smart 50, for “information-based marketing” that offers the right product to the right customer at the right time at every point of customer contact

Among Top 10 Most Generous Corporate Donors

CIO CIO Bold 100 Winner for Commercial Electronic Office

Diversity Inc. Among top 50 companies in all industries for diversity

Forbes Among top 25 U.S. companies in all industries based on a composite ranking of revenue (sales), profits, assets and market value

Best managed company in U.S. banking

Forbes & Business Committee for the Arts Among top 10 companies in support of the arts in the United States

Forrester #1 "Cross-Channel" Customer Experience for mortgage

Fortune America’s “Most Admired” Large Bank

Ranked 52nd in revenue among all companies in all industries

World's 29th– most profitable company

Hispanic Magazine Among the top 100 companies providing the best opportunities for Hispanics

LATINA Style Among top 50 U.S. companies for Latinas to work

Mergent, Inc. “Dividend Achiever” (publicly-traded companies that increased dividends for last 10+ consecutive years; Wells Fargo has increased dividends for 18 consecutive years; 23 increases since 1988)

Moody's Only "Aaa" credit–rated U.S. bank

Smart Money Rated #8 U.S. full service investment broker

Mortgage Bankers Association #2 largest commercial lender in the U.S. by volume

Watchfire® GomezProTM Ranked #2 full service brokerage

KEY FACTS (3/31/06) INDUSTRY RANKINGS

Assets $492 billion Retail banking cross-sell #1

Team Members 152,000 Small business lender #1

Customers 23 million Agricultural lending #1

Stores 6,205 Cross-channel customer experience #1

ATMs 6,504 Insurance brokerage sales* #1

Market value of stock $107 billion Retail home mortgage lender #1

*Wells Fargo owns the largest bank-affiliated insurance broker. DIVERSITY OF BUSINESSES *

Our diversity of business lines makes us much more than a bank. We’re a diversified financial services company. Our diversity helps us weather downturns that inevitably affect any one segment of our industry.

* Based on historic averages and near future year expectations POWERFUL DISTRIBUTION

#2 in total stores (6,205 stores)

#2 in banking stores (3,180 stores in 23 states)

#1 in mortgage stores (presence in more than 2,400 stores)

Supermarket stores (631 stores)

Consumer Finance (1,246 stores)

Nation’s first bank to provide online account access

#1 personal credit market share in Wells Fargo’s banking states

One of nation’s largest telephone banking networks (20 million calls monthly)

#3 branded bank ATM owner (6,504 ATMs)

#2 debit card issuer

#1 prime home-equity lender in Wells Fargo’s banking states