CORRECTING and REPLACING Wells Fargo Brings Commercial Banking Services Wherever You Are with New iPhone Application

Free CEO Mobile^SM iPhone App Alerts Users to Pending Transactions before They Sign On

• Press Release
• Source: Wells Fargo & Company
• On 4:10 pm EST, Tuesday November 10, 2009

SAN FRANCISCO--(BUSINESS WIRE)--The URL in the fourth paragraph should read: www.itunes.com/appstore/ (sted www.ituness.com/appstore/).

Related Quotes

Symbol	Price	Change
WFC	27.14	-0.69

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The corrected release reads:

WELLS FARGO BRINGS COMMERCIAL BANKING SERVICES WHEREVER YOU ARE WITH NEW IPHONE™ APPLICATION

Free CEO Mobile^SM iPhone App Alerts Users to Pending Transactions before They Sign On

Wells Fargo & Company (NYSE:WFC - News) today announced it has released the CEO Mobile^SM iPhone™ App. The free time-saving tool alerts corporate and business customers to pending transactions and connects them to online commercial banking services.

The CEO Mobile iPhone app delivers mobile access to Commercial Electronic Office (CEO^®) portal services. Users can monitor balances in corporate bank accounts, approve outgoing payments, manage exception items, view intraday account activity, and reset user passwords. In addition, the CEO Mobile app alerts users, even before they sign on, to wires, image positive pay exceptions or ACH Fraud Filter reports that await decisions.

“We’re answering the call of our CEO Mobile customers who asked for an iPhone app,” said Amy L. Johnson, channel manager of the CEO Mobile service. “Wells Fargo has kept its focus on integration with Wachovia, yet at the same time we’ve continued to invest in technology, products, and people.”

The CEO Mobile app can be downloaded from Apple’s App Store^SM on iPhone or from www.itunes.com/appstore/.

The new iPhone application is an extension of Wells Fargo CEO Mobile^SM service, which enables commercial, corporate, and institutional customers to monitor account activity and stay on top of cash management functions while at meetings, in airports, across town from their offices, or doing business around the globe. Wells Fargo introduced CEO Mobile service – a streamlined version of its CEO portal – to a select group of customers in April 2007 and offered the service to all commercial customers in late 2007, becoming the only major U.S. financial services company to offer mobile banking to commercial, corporate, and institutional customers.

In the past year, CEO Mobile service also added Mobile Basic Banking, allowing small business users to access their Wells Fargo cash and credit accounts, view transactions, and transfer funds through mobile devices. Wells Fargo recently expanded its mobile capabilities to allow customers to view and manage some of their loan obligations using a mobile device. The CEO Mobile service has seen new user adoption and usage double in the past year.

Wells Fargo also offers an iPhone application for its retail consumer and small business customers that can be accessed by searching for “Wells Fargo Mobile” from the iTunes App Store. With this application, customers can quickly and easily review account balances, pay bills, transfer funds, and find the nearest ATM or store location with the touch of a button.

About Wells Fargo

Wells Fargo & Company is a diversified financial services company with $1.3 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 stores and 12,000 ATMs and the internet (wellsfargo.com) across North America and internationally.

Wells Fargo & Company
Gabriel Boehmer, 503-886-4186 (Media)