US BANCORP DEL

Ticker: USB CUSIP: 902973304 Class: COM NEW

FRED ALGER MANAGEMENT, LLC's Holding History (CIK: 0000003520)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 84 Value ($000) $4 Avg Close $29.12 Range $25.77 - $31.25

Q3 2014

Shares 228,255 Value ($000) $9,548 Avg Close $28.42 Range $27.29 - $29.42

Q2 2014

Shares 385,605 Value ($000) $16,704 Avg Close $27.92 Range $26.65 - $29.37

Q1 2014

Shares 270 Value ($000) $12 Avg Close $27.34 Range $25.75 - $29.04

Q4 2013

Shares 173 Value ($000) $7 Avg Close $25.38 Range $23.60 - $27.00

Q3 2013

Shares 323,011 Value ($000) $11,816 Avg Close $24.34 Range $23.55 - $25.13

Q2 2013

Shares 829,181 Value ($000) $29,975 Avg Close $22.41 Range $20.89 - $23.92

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	84	$4	$29.12	$25.77 - $31.25
Q3 2014	228,255	$9,548	$28.42	$27.29 - $29.42
Q2 2014	385,605	$16,704	$27.92	$26.65 - $29.37
Q1 2014	270	$12	$27.34	$25.75 - $29.04
Q4 2013	173	$7	$25.38	$23.60 - $27.00
Q3 2013	323,011	$11,816	$24.34	$23.55 - $25.13
Q2 2013	829,181	$29,975	$22.41	$20.89 - $23.92