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Wells Fargo Adds Manny Lauria as Managing Director of Insurance Operation in Atlanta

CHICAGO-(Business Wire)-September 4, 2008 - Wells Fargo Insurance Services, Inc. announces the addition of Emanuel (Manny) Lauria, Jr. as managing director of its Atlanta office. Lauria will report to Julian E. Smiley, senior vice president.

Lauria will oversee all operations of the Atlanta office, including new business development, customer satisfaction and retention, revenue growth and profitability.

“Manny is a person of high integrity who leads by example,” stated Smiley. “He understands what it takes to build a strong team, satisfy customers and drive growth.”

Lauria will also lead the delivery of International Risk Services, sharing this responsibility with Jim Gervang, who is based in the west. Along with Gervang, Lauria will serve as a senior technical and international business development advisor, reporting in this capacity to Kevin T. Kenny, regional managing director.

“Manny’s risk management experience is extensive,” stated Kenny. “Having worked with many multinational companies, he is ideally suited to lead our international risk services team and expand our rapidly growing risk management presence.”

Lauria will join Gervang and Patrick Hickey, director of international employee benefits, in overseeing international services provided to customers through the Wells Fargo Global Broker Network (formerly HLA Global) and other intermediaries around the world. The Network currently has 10,000 brokerage professionals operating from 330 offices across 70 countries - providing insurance brokerage services in a total of 115 countries.

Lauria joins Wells Fargo from Wachovia Insurance Services, where he was southern region managing director. Prior to Wachovia he spent more than 20 years with Marsh, Inc., where he held a number of risk management and leadership positions.

Wells Fargo Insurance Services, Inc. is the fifth-largest insurance brokerage and the largest bank-owned insurance brokerage in the United States, with more than 171 offices in 37 states. Its 7,200 insurance professionals place more than $11.5 billion of risk premiums with expertise in property, casualty, benefits, international, personal lines and life products. For more information about Wells Fargo Insurance Services, visit www.wellsfargo.com/wfis.

Wells Fargo & Company is a diversified financial services company with $609 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through almost 6,000 stores and the internet (wellsfargo.com) across North America and elsewhere internationally. Wells Fargo Bank, N.A. is the only bank in the U.S., and one of only two banks worldwide, to have the highest possible credit rating from both Moody’s Investors Service, “Aaa,” and Standard & Poor’s Ratings Services, “AAA.”

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