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Press Release

WELLS FARGO & CO (NYSE: WFC)
420 Montgomery Street
San Francisco, CA 94163
www.wellsfargo.com

Jul 16, 2008 – Wells Fargo Increases Quarterly Dividend

For Immediate Release

Boston, MA., Jul 16, 2008 – Wells Fargo (NYSE:WFC), the fifth-largest U.S. bank gave nervous investors a pleasant surprise Wednesday, reporting a 22% profit drop that was less than the market anticipated and increasing its quarterly dividend by 10 percent, to 34 cents a share from 31 cents a share.

WELLS FARGO & CO (NYSE: WFC) has paid dividends since 1939 and has a current dividend yield of 4.9%.

WELLS FARGO & CO’s current dividend information as per the date of this press release is:
Dividend Declaration Date: Oct-22-2008
Dividend Ex Date: Nov-05-2008
Dividend Record Date: Nov-07-2008
Dividend Payment Date: Dec-01-2008
Dividend Amount: 0.34  

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