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Wells Fargo Securities Broadens Retail Coverage with Senior Research Hire, Paul Lejuez

Senior Research Analyst to Lead Specialty Retail and Broadlines Sector Coverage

NEW YORK - January 22, 2013

Wells Fargo Securities, part of Wells Fargo & Company (NYSE:WFC), announced today that Paul Lejuez will be joining Wells Fargo Securities as a managing director and senior analyst in the Equity Research Department covering the Specialty Retail and Broadlines sectors. He will be based in New York, jointly reporting to Sam Pearlstein and Todd Wickwire, co-heads of Equity Research at Wells Fargo Securities.

“Paul is widely recognized by investors and issuers as a thought leader in the sector and we are excited to have him lead our Specialty Retail and Broadlines Equity Research effort,” said Diane Schumaker-Krieg, global head of Research, Economics & Strategy at Wells Fargo Securities. “With the addition of Paul’s knowledge and expertise, we believe Wells Fargo’s consumer retail research franchise will be greatly enhanced and increasingly valuable to our clients.”

Most recently, Lejuez was the senior Specialty Retail and Broadlines equity analyst for Nomura Securities. Prior to that, he spent more than 10 years at Credit Suisse, rising through the firm to become its senior Specialty Retail analyst. At his previous positions, Lejuez established and maintained a highly regarded Specialty Retail franchise, with his team ranking #3 in the 2012 Institutional Investor All-America Research poll. Lejuez holds both a Bachelor of Science (Magna Cum Laude) and Master of Science degree in Accountancy from Wake Forest University. Additionally, he holds Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP) designations and is a licensed Certified Public Accountant (CPA).

About Wells Fargo Securities
Wells Fargo Securities delivers a comprehensive set of capital markets products and services, including public debt and equity origination and distribution, interest rate, commodity and equity risk hedging, mergers and acquisitions advice, prime services, structured lending facilities and municipal bond origination. The institutional capital markets business is comprised of more than 4,000 team members in 40+ offices across the U.S., Europe and Asia.

Wells Fargo Securities is the trade name for certain capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Securities, LLC, member NYSE, FINRA, NFA and SIPC, Wells Fargo Institutional Securities, LLC, member FINRA and SIPC, Wells Fargo Bank, National Association, Wells Fargo Securities International Limited (authorized by the U.K. FSA), Wells Fargo Securities Asia Limited (licensed by the HK SFC), and Wells Fargo Securities (Japan) Co., Ltd. (registered with the KLFB).

About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 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 (, and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

Shelley Beason