Wells Fargo Promotes Five Simple Actions to Protect the Environment Through Banking

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Thu Apr 22, 2010 7:57am EDT

Invests $250,000 in Earth Day Network
SAN FRANCISCO--(Business Wire)--
Wells Fargo & Company (NYSE:WFC) is encouraging banking customers - at Wells
Fargo and elsewhere - to change their banking practices with five simple actions
to help protect the environment. In addition, it has invested in raising
awareness of everyday environmental actions people can take - many of which will
lead to cost savings - by contributing $250,000 to the Earth Day Network (EDN).
Both actions are in celebration of the 40th anniversary of Earth Day, today. 

The core of Earth Day's 40th anniversary program is the Billion Acts of Green
TM, designed by EDN to aggregate the millions of environmental service
commitments that individuals and organizations around the world make each year.
"Individually actions may seem small, when aggregated they`re powerful," said
Mary Wenzel, Wells Fargo`s director of Environmental Affairs. "For our
contribution to the Billion Acts of Green TM, we`re encouraging everyone to
reduce or eliminate paper use in banking transactions." 

Five simple actions:

1
        Reduce paper in your mailbox by choosing to receive financial 
        statements only online. Wells Fargo customers have already saved more 
        than 100,000 trees according to calculations made using the 
        Environmental Defense Fund paper calculator1.
      2
        Keep paper savings real by not printing at home and by storing 
        documents in a single, secure, internet-accessible location.
      3
        Make deposits via ATMs that do not require envelopes. Since 2007, 
        Wells Fargo customers avoided using 97 million paper envelopes by 
        using our Envelope-FreeSM ATMs to make cash and check 
        deposits.
      4
        Avoid printing ATM receipts; email them to yourself where feasible. 
        Each day for a year, if just 20 people selected to not print an ATM 
        receipt at each of the ATMs nationwide, enough paper could be saved to 
        circle the world at the equator nearly six times.
      5
        Choose to handle daily finances online or via mobile banking, 
        including transferring money or paying bills. According to the 
        PayItGreen Alliance, of which Wells Fargo is a member, if only 20 
        percent of American households switched from paper to electronic 
        bills, statements and payments each year, it would save 150 million 
        pounds of paper and help avoid nearly two million tons of greenhouse 
        gases.

"Earth Day Network`s website, www.earthday.org, is a site visited by millions
each year who are looking for ways to help protect the environment on Earth Day
and every day," added Wenzel. "We`re proud to support EDN`s effort to
communicate information simply and effectively so that taking action is easy." 

Wells Fargo`s investment supported the development of EDN`s parent site,
http://www.earthday.org/education/parents, which provides parents with ideas and
activities to teach their children about the environment and their role in
protecting it. Funds also supported the development of EDN`s energy efficiency
site, http://www.earthday.org/efficiency, which helps people save money and
energy at home. Tips cover topics such as tax rebates, smart grid, energy
efficient appliances and more. 

Join us at Wells Fargo Environmental Forum at blog.wellsfargo.com/environment. 

About Wells Fargo

Wells Fargo & Company is a diversified financial services company with $1.2
trillion in assets, providing banking, insurance, investments, mortgage, and
consumer and commercial finance through more than 10,000 stores and 12,000 ATMs
and the internet (wellsfargo.com) across North America and internationally. 

1http://www.edf.org/papercalculator/

Wells Fargo
Stephanie Rico, 415-396-5804
stephanie.rico@wellsfargo.com



Copyright Business Wire 2010

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