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Oct. 12th, 2009
Wells Fargo Supports Local Community
For Immediate Release:
Recognition and Awards
Wells Fargo is proud of the recognition we have received for our contributions to the community.

* AARP magazine: Best Employers for Workers Over 50 (2008)
* Barron’s: World’s 25 Most Respected Company (2008)
* BusinessWeek: Top 10 Biggest Givers in Corporate Philanthropy (2007)
* BusinessWeek: Top 50 Best Places to Launch a Career (2008) •
* CRO magazine: Among 100 Best Corporate Citizens (2009)
* DiversityInc magazine: Top 50 Companies for Diversity; Top 10 Best Companies for Asian Americans; Top 10 Best Companies for Latinos; Top 10 Companies for Recruitment & Retention; Top 10 Companies for Lesbian, Gay, Bisexual & Transgender Employees (2008)
* Environmental Protection Agency: Among Top 20 Green Power Partner Companies (2008)
* Forbes: One of America’s Best Big Companies (2008)
* Fortune: World’s 14th Most Admired Company (2009)
* Human Rights Campaign Foundation: Perfect score of 100 on Corporate Equality Index (2008)
* LATINA Style magazine: Top 50 Companies for Latinas (2008)
* Office of the Comptroller of the Currency: Rated “Outstanding” for Community Reinvestment Act performance (2006)
* United Way of America: Summit Award for Community Impact and Community Volunteerism, (2009)
* Training magazine: Training Top 125 (2008)

Where We Give

We invest in our communities because our business will do well if our communities do well. We invest financial capital and, more importantly, human and social capital, thanks to thousands of caring team members who are local community leaders and volunteers.

The merger of Wells Fargo and Wachovia makes our presence twice as strong in the communities we serve. Investing in our communities, especially now, is a way for us to help create future economic growth and prosperity in the communities where we live and work.

Despite the down economy, Wells Fargo continues to be one of America’s largest financial contributors to nonprofits. In 2008 our combined giving to nonprofits surpassed $226 million, up five percent over the previous year. That’s $618,000 dollars every single day to nonprofits supporting education, community development, human services, the arts and the environment!

We work together with our communities the same way we work together with our customers: we listen and build relationships. We rely on our local team members – who know their communities best – to learn local needs first-hand, and then bring the right resources together so Wells Fargo can help in an appropriate way.

Cash giving is just one way we support our communities. Wells Fargo’s community investments for the combined company include:

* Very active team members who are community leaders and volunteers. In 2008 our team members volunteered 1.4 million hours, served on 16,000 nonprofit boards, and raised a record $39.3 million during the Community Support/United Way campaign.
* Dozens of community development managers in our neighborhoods who build relationships with local governments and nonprofits to revitalize neighborhoods. Communities need money to grow and Wells Fargo’s Community Development Corporation manages the company’s investments in projects that promote long-term growth for low- and moderate-income communities. In 2008 we provided $6.4 billion in community development loans and investments and $7.68 billion in tax-exempt debt financing to support improvements to public services.
* We’re doing our part to help solve the housing problems facing our customers and communities. Our foreclosure rates remain below industry averages and we continue to deliver homeownership counseling and financial solutions to help keep people in their homes.
* We’re a big company that uses a lot of resources, so we’ve continued to build strong environmental programs and have become much more thoughtful about our operations, like reducing energy use and promoting recycling. We’ve developed financial products to fund clean energy and energy-saving building practices.
* We’re committed to building relationships with minority-, women- and disadvantaged-owned businesses. In 2008 we spent $942 million with diverse-owned and women-owned suppliers—and $4.8 billion in the last six years
* We provide products, tools and educational resources to help people in all stages of life become smarter about money and achieve their financial goals. Our free, non-commercial financial education program, Hands on Banking®/El futuro en tus manos® teaches the basics of responsible money management, including how to create a budget, save and invest, borrow responsibly, buy a home, and establish a small business, (link to HOB)

To learn about our lending and investment activity in your state, please visit Community Highlights.
www.wellsfargo.com

About the Company:
Wells Fargo & Company
(702) 791-6353

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