Wells Fargo donates $100,000 for tornado victims

Funds for American Red Cross will go to seven states

SAN FRANCISCO - March 9, 2012

Wells Fargo & Company (NYSE: WFC) announced yesterday that it is donating $100,000 to the American Red Cross to assist individuals and families affected by last week’s devastating tornado outbreak. The American Red Cross will use the money to help tornado victims in Ala., Ill., Ind., Ky., N.C., Ohio, and Tenn.

“When people are hit with a tragedy like this, especially when they lose family members, friends, and property, it’s our duty to step up and help,” said Jon Campbell, head of the Social Responsibility Group at Wells Fargo. “That’s why we’re committed to using our resources to aid the people affected by these terrible storms. I hope that other organizations will also come forward and reach out to these stricken communities.”

Lisa Stevens, West Coast Banking regional president for Wells Fargo, appeared on “The Ellen DeGeneres Show” yesterday to announce the donation and present a check to the American Red Cross for $100,000. “Many of the people affected by these tornadoes are our team members, our family, and our friends,” said Stevens. “Our focus is to help families and communities recover from this disaster and rebuild.” After being contacted by producers of “The Ellen DeGeneres Show” to help support tornado relief, Wells Fargo quickly agreed.

In addition to this financial contribution, Wells Fargo team members will continue to work with the American Red Cross to support relief efforts and help these communities recover. It is one of many community-focused efforts that Wells Fargo supports year-round. Last year Wells Fargo donated more than $213.5 million to more than 19,000 nonprofit organizations, and team members donated $63.9 million to 28,000 nonprofits and logged more than 1.5 million community involvement and volunteer hours.

Wells Fargo customers affected by the tornadoes should contact their banker and visit their nearest Wells Fargo store to discuss financial options. Wells Fargo will work one-on-one with its consumer and business customers to explore case-by-case assistance. Affected customers may also contact Wells Fargo 24 hours a day, seven days a week at 1-800-TO-WELLS (1-800-869-3557).

Wells Fargo Home Mortgage customers who have sustained property damage as a result of these storms should contact our disaster relief line at 888-818-9147. Callers can obtain information on payment relief, claims processing and other critical concerns. Team members are available to answer calls Monday through Friday, from 6:00 a.m. to 10:00 p.m., and Saturday, from 8:00 a.m. to 2:00 p.m. Central Time.

About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. We want to help all of our customers succeed financially and create long-term economic growth and quality of life for everyone in our communities. In 2011, the Company invested $213.5 million in grants in 19,000 nonprofits, and team members contributed more than 1.5 million volunteer hours around the country. For more information, please visit: www.wellsfargo.com/about/csr.

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Jim Nawrocki
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