WELLS FARGO & CO/MN
EXHIBIT 10.(B)
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<TYPE>EX-10.(B)
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<DESCRIPTION>EXHIBIT 10.(B)
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<P align="left" style="font-size: 9.5pt"><B>Exhibit&nbsp;10(b)</B>



<P align="center" style="font-size: 10pt"><B>WELLS FARGO &#038; COMPANY<BR>
SUPPLEMENTAL CASH BALANCE PLAN</B>



<P align="center" style="font-size: 10pt">(Includes Amendments Through January&nbsp;1, 2005)



<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 1 <U>Name and Purpose</U>. The name of the Plan is the &#147;Wells Fargo &#038; Company
Supplemental Cash Balance Plan&#148; (the &#147;Plan&#148;). The Plan amends and restates the Norwest
Corporation Supplemental Pension Plan. The Plan, as amended and restated, shall be effective July
1, 1999. The Plan is maintained by Wells Fargo &#038; Company (the &#147;Company&#148;) for the purpose of
providing unfunded pension benefits for certain select management employees, including pension
benefits in excess of certain limits imposed by the Internal Revenue Code. Said benefits are
intended to supplement the pension benefits payable to such employees under the Wells Fargo &#038;
Company Cash Balance Plan (hereinafter referred to as the &#147;Pension Plan&#148;) formerly known as the
Norwest Corporation Pension Plan.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 2 <U>Definitions</U>. All references herein to the &#147;Pension Plan&#148; are references to the
Wells Fargo &#038; Company Cash Balance Plan (formerly known as the Norwest Corporation Pension Plan) as
it may be amended from time to time. In addition, except where specifically defined in this Plan,
all capitalized terms herein shall have the same meaning as given to those terms in the Pension
Plan.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 3 <U>Nonqualified Certified Compensation</U>. Nonqualified Certified Compensation for
purposes of the compensation credits to accounts under Section&nbsp;8 of this Plan and the special
transitional benefit comparison under Section&nbsp;10 of this Plan means a participant&#146;s base pay and
all approved commissions, bonuses and incentive payments paid to the participant by the Company or
a Participating Employer during a particular pay period subject to the following:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Nonqualified Certified Compensation shall include any Salary
Deferral Contributions made on behalf of a participant under the 401(k) Plan,
any salary reduction contributions to any cafeteria plan under Code section 125,
and any salary reduction contributions to a qualified transportation fringe
benefit under Code section 132(f)(4) maintained by a Participating Employer.
Nonqualified Certified Compensation shall not include any lump sum severance
payment. Effective for participants who commence on or after October&nbsp;1, 2003 a
leave of absence that is classified by his or her Participating Employer as a
salary continuation leave of absence, Nonqualified Certified Compensation shall
not include any salary continuation pay paid to the participant while on salary
continuation leave of absence. Effective for participants who commenced prior
to October&nbsp;1, 2003 a leave of absence that was classified by his or her
Participating Employer as a salary continuation leave of absence and</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt">&nbsp;
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<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>contingent upon approval of a similar provision in the Pension Plan by the
Internal Revenue Service, Nonqualified Certified Compensation shall include
salary continuation pay paid in regular monthly or more frequent
installments..</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Nonqualified Certified Compensation shall include payments under
the Executive Incentive Compensation Plan approved by the Human Resources
Committee of the Board of Directors of the Company and payments under any other
commission, bonus or incentive compensation programs or plans which the Company
designates as included in Nonqualified Certified Compensation by written action
of the Chairman, President or the Executive Vice President of Human Resources.
Notwithstanding the previous sentence, payments under any such commission, bonus
or incentive compensation plan shall not be included in Nonqualified Certified
Compensation to the extent those payments exceed any limit the Company
establishes in such written action.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to subsection (b)&nbsp;above, Nonqualified Certified
Compensation shall include deferrals of base pay, approved commissions, bonuses
and incentive payments for a participant who has entered into a written
agreement with the Company or any other Participating Employer under which
payment of such compensation will be deferred to a stated year subsequent to
the year in which it would otherwise have been paid to the participant.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Nonqualified Certified Compensation for a participant who has
entered into a written agreement with the Company or any other Participating
Employer to defer compensation that would have been Certified Compensation
under the Pension Plan if it had not been deferred shall include all such
deferred compensation.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Notwithstanding the foregoing provisions of this Section,
solely for purposes of allocating compensation credits under Section&nbsp;8 and
determining the special transitional benefit comparison under Section&nbsp;10, any
Nonqualified Certified Compensation paid to a participant while the
participant is employed in a position subject to this subsection (e)&nbsp;shall be
disregarded to the extent such Nonqualified Certified Compensation exceed
$50,000 for a Plan Year.</TD>
</TR>

</TABLE>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This subsection (e)&nbsp;applies to any
participant who is employed by Wells Fargo Home Mortgage, Inc. or any
of its subsidiaries in any of the following job categories: Mortgage
Consultant, Mortgage Sales Representative, Sales Supervisor, Escrow
Sales Representative, Renovation Staff Consultant, Marketing
Representative, Wholesale Account Executive, Wholesale Account
Executive Sub-</TD>
</TR>

</TABLE>

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<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>prime or any other job category which Wells Fargo Home Mortgage,
Inc. classifies as equivalent to the job categories listed above.
In addition, this subsection (e)&nbsp;applies to any participant who is
employed by Wells Fargo Home Mortgage, Inc. or any of its
subsidiaries in one of the job categories listed above (or in any
other job category that the Company classifies as equivalent to
one of the job categories listed above for purposes of this
subsection (e)) and who is also simultaneously employed by Wells
Fargo Investments, LLC.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If a participant is transferred into a
position that is subject to this subsection (e)&nbsp;during a Plan Year,
the $50,000 limit under this subsection for that Plan Year shall be
reduced (but not below $0) by the amount of Nonqualified Certified
Compensation credited to the participant for service during that Plan
Year prior to the transfer date..</TD>
</TR>

</TABLE>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(f)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Notwithstanding the foregoing provisions of this Section, solely for the
purpose of determining the special transitional benefit comparison under Section
10, if any incentive compensation payments paid after 1996 are taken into account
in determining Monthly Earnings for the Plan Year in which paid, but the
Participant was not a Qualified Employee for the entire Plan Year, each such
incentive compensation payment shall be prorated by multiplying it by a fraction,
the numerator of which is the number of months during the Plan Year in which the
Participant had one or more Hours of Service as a Qualified Employee (disregarding
any hours attributable to severance pay or terminal vacation), and the denominator
of which is 12.</TD>
</TR>

</TABLE>

<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 4 <U>Company and Participating Employers</U>. The &#147;Company&#148; is Wells Fargo &#038; Company
(formerly known as Norwest Corporation), a Delaware corporation, and any successor to said
corporation. Each Participating Employer in the Pension Plan shall also be a &#147;Participating
Employer&#148; in this Plan if any of its employees become participants in this Plan pursuant to Section
5 of this Plan.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 5 <U>Participation</U>. Participation in this Plan is limited to the following
employees of the Company or any other Participating Employer:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Employees who enter into a written agreement with the Company
or any other Participating Employer under which payment of compensation earned
by the employee will be deferred to a stated year subsequent to the year in
which it would otherwise have been paid, provided such compensation would
otherwise have been recognized as &#147;Certified Compensation&#148; or &#147;Monthly
Earnings&#148; as defined in the Pension Plan. The compensation of a participant</TD>
</TR>

</TABLE>

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<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>that is so deferred is referred to in this Plan as the participant&#146;s
&#147;Deferred Compensation.&#148;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Employees whose benefits under the Pension Plan are reduced
as a result of the limits imposed by Sections&nbsp;401(a)(17) and 415 of the
Internal Revenue Code and Treasury Regulation&nbsp;Section&nbsp;1.401(a)(4)-5(b).
However, an employee will not be eligible under the previous sentence unless
the employee would have reached one or more of those limits based on his or
her Nonqualified Certified Compensation.</TD>
</TR>

</TABLE>

<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 6 <U>Establishment of Plan Account</U>. A bookkeeping account shall be established
under this Plan for each participant. The participant&#146;s account in this Plan shall be adjusted as
follows:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If applicable, an initial account balance shall be credited
to the participant pursuant to Section&nbsp;7 of this Plan.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The participant&#146;s account will be increased by compensation
credits determined pursuant to Section&nbsp;8 of this Plan.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The participant&#146;s account will be adjusted for investment
credits determined pursuant to Section&nbsp;9 of this Plan.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The participant&#146;s account will be canceled upon commencement
of pension payments to the participant or upon the occurrence of a forfeiture.</TD>
</TR>

</TABLE>

<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 7 <U>Initial Account Balance</U>. The participant&#146;s initial account balance will be
determined as follows:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the participant was an Active Participant in the Pension
Plan on June&nbsp;30, 1999 and continues to be an Active Participant in the Pension
Plan on July&nbsp;1, 1999, his or her account under this Plan will be credited with
an initial account balance as of July&nbsp;1, 1999 equal to the Actuarial
Equivalent present value as of July&nbsp;1, 1999 of the pension benefit that the
participant would have been entitled to under this Plan commencing on the
first day of the month following the participant&#146;s Social Security Retirement
Date (or on July&nbsp;1, 1999, if later) as a Life-Only Annuity, determined (i)&nbsp;by
assuming that the participant&#146;s Termination of Employment had occurred on June
30, 1999, and that the participant satisfied any vesting requirements on that
date, (ii)&nbsp;by using the participant&#146;s Nonqualified Certified Compensation and
any Deferred Compensation not already included in Nonqualified Certified
Compensation to determine the participant&#146;s Final Average</TD>
</TR>

</TABLE>

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<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Earnings as of December&nbsp;31, 1998; provided, however, that Final Average
Earnings can not be less than the Final Average Earnings calculated in the
Pension Plan as if the participant had not deferred compensation, (iii)&nbsp;by
using the Integration Level (as defined in Section&nbsp;4.1(c)(1) of the
Pension Plan in effect on June&nbsp;30, 1999) in effect for 1998, and (iv)&nbsp;by
disregarding Section&nbsp;4.1(d) and Section&nbsp;4.6 of the Pension Plan in effect
on June&nbsp;30, 1999.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If a participant in the Plan on July&nbsp;1, 1999 was a
participant with an accrued but unpaid benefit in the frozen First Interstate
Bancorp Supplemental Retirement and Savings Program (Excess Benefit Retirement
Plan) on June&nbsp;30, 1999, his or her account under this Plan will be credited
with an initial account balance as of July&nbsp;1, 1999 equal to the amount
indicated on Schedule&nbsp;I to this Plan.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If a participant for whom an initial account balance was not
established pursuant to subsection (a)&nbsp;of this Section&nbsp;7 as of July&nbsp;1, 1999,
becomes a Qualified Employee in the Pension Plan after that date and remains
entitled to a benefit that accrued with respect to service prior to July&nbsp;1,
1999 under this Plan but has not yet received or begun receiving payments of
the benefit, his or her account will be credited with an initial account
balance as of the first day of the second quarter following the quarter in
which the participant again became a Qualified Employee, provided the
participant remains so employed on the date. The initial account balance will
be equal to the Actuarial Equivalent present value, determined as of the date
the credit occurs, of the benefit to which the participant is entitled with
respect to service prior to July&nbsp;1, 1999, expressed as a Life-Only Annuity
commencing on the first day of the month following the participant&#146;s Social
Security Retirement Date (or the date of the credit if later).</TD>
</TR>

</TABLE>

<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 8 <U>Nonqualified Compensation Credit</U>. The Plan account of each eligible participant
who is an Active Participant in the Pension Plan during all or part of a Plan Year will be credited
with a nonqualified compensation credit for the Plan Year, determined as follows:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The nonqualified compensation credit for an eligible
participant for a Plan Year will be equal to the participant&#146;s Nonqualified
Certified Compensation determined under Section&nbsp;3 of this Plan multiplied by
the percent determined from the following table less the amount of any
Compensation Credits allocated to the participant&#146;s Account in the Pension
Plan for that Plan Year:</TD>
</TR>

</TABLE>

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<DIV align="right">
<TABLE style="font-size: 9.5pt" cellspacing="0" border="0" cellpadding="0" width="90%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="25%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="70%">&nbsp;</TD>
</TR>
<TR style="font-size: 9.5pt" valign="bottom">
    <TD nowrap align="left"><U>Points</U></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><U>Compensation Credit %</U></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px">30 or less</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;3%&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px">40 to 54</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;4%&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px">55 to 69</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;5%&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px">70 to 79</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;6%&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px">80 or more</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;7%&nbsp;</TD>
</TR>
<!-- End Table Body --></TABLE>
</DIV>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For purposes of this Section&nbsp;8, an eligible participant&#146;s
points for a particular Plan Year are equal to the sum of the participant&#146;s
completed years of age, plus the participant&#146;s complete years of Credited
Service determined as of the last day of the Plan Year. If the participant
incurs a Termination of Employment prior to the last day of the Plan Year, the
participant&#146;s points will be determined as of the date of the participant&#146;s
Termination of Employment. In applying the formula, the participant&#146;s age
will be determined as of the participant&#146;s most recent birthday and the
participant&#146;s Credited Service will be rounded down to completed years by
disregarding any fraction of a year.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The percentages in subsection (a)&nbsp;above will be adjusted
pursuant to the table contained in Section&nbsp;5.3(d) of the Pension Plan for each
eligible participant who (i)&nbsp;was an active participant in this Plan both on
July&nbsp;1, 1999 and at any time during the Plan Year for which the compensation
credit is allocated, (ii)&nbsp;was born before January&nbsp;2, 1940, and (iii)&nbsp;on
January&nbsp;1, 1985 was a participant in the Wells Fargo &#038; Company Retirement Plan
(a defined benefit pension plan that terminated effective December&nbsp;31, 1984).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The nonqualified compensation credit for a Plan Year will be
allocated to the eligible participant&#146;s account as of the end of the Plan Year
except that, if the eligible participant terminates employment during the Plan
Year and commences payment under this Plan during the Plan Year, the
nonqualified compensation credit for the Plan Year will be allocated to the
participant&#146;s account as of the participant&#146;s Termination of Employment.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No nonqualified compensation credit will be made for a
participant for a Plan Year unless the participant was an Active Participant
in the Pension Plan at some time during that Plan Year and satisfied the
eligibility requirements under Section&nbsp;5 of this Plan for that Plan Year. Any
compensation that is paid following the calendar quarter in which the
participant&#146;s Termination of Employment occurred will be disregarded for
purposes of this Section&nbsp;8.</TD>
</TR>

</TABLE>
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<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">


</TABLE>

<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 9 <U>Investment Credits</U>. Each account will be adjusted to reflect investment
credits determined as follows:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For each calendar quarter beginning July&nbsp;1, 1999 and ending
prior to the date the Company amends this Plan to provide for participant
investment direction, the investment credit will be determined by multiplying
the participant&#146;s account balance as of the first day of the quarter by 25% of
the average of the annual yields on 30&nbsp;year constant maturity Treasury
securities for the three months preceding the first day of the quarter, as
specified for each such month by the Commissioner of the Internal Revenue
Service for purposes of Code section 417(e) and published in the following
month, expressed as a decimal equivalent rounded to four decimal places. The
investment credit under this subsection for a calendar quarter will be
credited to the participant&#146;s account as of the last day of the Plan Year;
provided, however, that if distribution of the participant&#146;s benefit in this
Plan is to commence during the Plan Year, the participant&#146;s account will be
credited with a partial investment credit calculated based on the number of
quarters within the Plan Year completed prior to the distribution date.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Commencing July&nbsp;1, 1999 and ending December&nbsp;31, 2001, a
special transitional investment credit will be allocated to the accounts of
eligible participants for each calendar quarter during that time period by
multiplying the account balance as of the beginning of the quarter by .0075.
For the Plan Year commencing January&nbsp;1, 2002 and ending December&nbsp;31, 2002, a
special transitional investment credit will be allocated to the accounts of
eligible participants for each calendar quarter during that Plan Year by
multiplying the account balance as of the beginning of the quarter by .00375.
The special transitional investment credit for a calendar quarter will be
credited to the participant&#146;s account as of the last day of the Plan Year;
provided, however, that if distribution of the participant&#146;s benefit in this
Plan is to commence during the Plan Year, the participant&#146;s account will be
credited with a partial special transitional investment credit based on the
number of quarters within the Plan Year completed prior to the distribution
date. The last special transitional investment credit provided for under this
subsection will be allocated for the quarter ending December&nbsp;31, 2002.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Compensation credits allocated to a participant&#146;s account for
a particular Plan Year shall be credited as of the last day of that Plan Year
with an investment credit equal to one-half of the average of the quarterly
yields on 30&nbsp;year constant maturity Treasury</TD>
</TR>

</TABLE>

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<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>securities for that Plan Year determined under subsection (a)&nbsp;of this
Section&nbsp;9 and one-half of the special transitional investment credit for
that Plan Year determined under subsection (b)&nbsp;of this Section&nbsp;9.</TD>
</TR>

</TABLE>

<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 10 <U>Special Transitional Benefit Comparison for Employees of Former Norwest</U>. If a
participant in this Plan (i)&nbsp;was an Active Participant in the Pension Plan and this Plan on June
30, 1999, (ii)&nbsp;had attained age 45 on or before June&nbsp;30, 1999, (iii)&nbsp;was credited with at least
five years of Credited Service on June&nbsp;30, 1999 under the Pension Plan, and (iv)&nbsp;was an Active
Participant in the Pension Plan and this Plan on July&nbsp;1, 1999, the participant shall be eligible
for a special transitional benefit comparison under this Plan as provided below.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The special transitional benefit comparison will provide a
benefit under this Plan equal to the greater of:</TD>
</TR>

</TABLE>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Actuarial Equivalent of the
participant&#146;s benefit determined under Article&nbsp;VII of the Pension
Plan except that Monthly Earnings for purposes of determining
Final Average Earnings under Section&nbsp;7.3 of the Pension Plan will
be calculated using Nonqualified Certified Compensation; provided,
however that Final Average Earnings can not be less than the Final
Average Earnings calculated in the Pension Plan as if the
participant had not deferred compensation; or</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The participant&#146;s account value under
this Plan plus the participant&#146;s Account value under the Pension
Plan.</TD>
</TR>

</TABLE>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The participant&#146;s benefit determined under subsection (a)
above will be reduced by the amount of benefits payable to the participant
under the Pension Plan.</TD>
</TR>

</TABLE>

<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 11 <U>Special Transitional Benefit Comparison for Certain Former First Interstate
Employees</U>. If a participant in this Plan on July&nbsp;1, 1999 was (i)&nbsp;a participant with an
accrued but unpaid benefit in the frozen First Interstate Bancorp Supplemental Retirement and
Savings Program (Excess Benefit Retirement Plan) on June&nbsp;30, 1999, and (ii)&nbsp;was an Active
Participant in the Pension Plan on July&nbsp;1, 1999, the participant shall be eligible for a special
transitional benefit comparison under this Plan as provided below.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The participant&#146;s account balance at the time the
distribution to the participant will occur or commence shall be increased by
an amount (not less than $0) equal to the amount determined in subsection (i)
below minus the amount determined in subsection (ii)&nbsp;below:</TD>
</TR>

</TABLE>
<P align="center" style="font-size: 10pt">-8-
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Actuarial Equivalent present
value of the Monthly Pension upon early retirement to which the
participant is entitled under the provisions of the First
Interstate Bancorp Supplemental Retirement and Savings Program
(Excess Benefit Retirement Plan) and the Retirement Plan for
Employees of First Interstate Bancorp and Its Affiliates in effect
on June&nbsp;30, 1999, expressed as a Life Only Annuity commencing on
the date as of which distribution of the participant&#146;s accrued
benefit is to occur or commence.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The participant&#146;s initial account
balance under this Plan plus the participant&#146;s initial Account
Balance under the Pension Plan adjusted for investment credits
attributable to those initial account balances, and disregarding
any compensation credits subsequently allocated to the
participant&#146;s account in this Plan and the participant&#146;s Account
in the Pension Plan and any investment credits attributable to
such compensation credits.</TD>
</TR>

</TABLE>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The participant&#146;s benefit determined under subsection (a)
above will be reduced by the amount of benefits payable to the participant
under the Pension Plan.</TD>
</TR>

</TABLE>

<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 12 <U>Optional Settlements, Etc</U>. The supplemental benefit payable under this Plan
with respect to a participant shall be subject to all terms and conditions of the Pension Plan
governing the calculation and payment of the corresponding benefit under the Pension Plan to which
the participant may be entitled, including the payment of any optional settlement permitted under
the Pension Plan and the calculation of the participant&#146;s vested percentage. Notwithstanding the
foregoing, if the present value (determined as provided under the Pension Plan) of the benefit to
be provided under this Plan is $5,000 or less upon the participant&#146;s Termination of Employment or
death, the entire benefit under this Plan shall be paid in a lump sum within a reasonable time
following the participant&#146;s Termination of Employment or death.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 13 <U>Death Benefits</U>. In the event benefits are payable under the Pension Plan to
the participant&#146;s surviving spouse and/or beneficiary or joint annuitant following the
participant&#146;s death, a supplemental benefit shall be payable under this Plan in the same form to
the same recipient.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 14 <U>Unsecured Obligations</U>. The obligations of the Company to make payments under
this Plan constitutes only the unsecured (but legally enforceable) promise of the Company to make
such payments. The participant shall have no lien, prior claim or other security interest in any
property of the Company. The Company is not required to establish or maintain any fund, trust or
account (other than a bookkeeping account or reserve) for the purpose of funding or paying the benefits promised under this Plan. If such a
fund is

<P align="center" style="font-size: 10pt">-9-
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<P style="font-size: 9.5pt">established, the property therein shall remain the sole and exclusive property of the
Company. The Company will pay the cost of this Plan out of its general assets. All references to
account, gains, losses, income, expenses, payments and the like are included merely for the purpose
of measuring the Company&#146;s obligation to participants in this Plan and shall not be construed to
impose on the Company the obligation to create any separate fund for purposes of this Plan.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 15 <U>Nonassignability</U>. No participant or Beneficiary shall have the power to
assign, alienate, dispose of, pledge or encumber benefits payable under this Plan, whether
voluntarily or involuntarily, or directly or indirectly. Any attempt to do so by the participant,
a spouse, Beneficiary or joint annuitant, a court, or any other person or entity shall result in
forfeiture of the benefits otherwise payable under this Plan with respect to said participant. The
Company shall not recognize any attachment, garnishment, execution of judgment or other legal
process affecting the participant&#146;s benefits under this Plan. The designation of a Beneficiary by a
participant does not constitute a transfer.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 16 <U>No Guarantee of Employment</U>. Participation in this Plan does not constitute a
guarantee or contract of employment with any Participating Employer. Such participation shall in
no way interfere with any rights of a Participating Employer to determine the duration of an
individual&#146;s employment or the terms and conditions of such employment.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 17 <U>Withholding of Taxes</U>. The benefit payable under the Plan to any participant,
spouse, Beneficiary or joint annuitant shall be subject to the deduction of any federal, state or
local income taxes, Social Security (FICA)&nbsp;taxes or other taxes which are required to be withheld
from such payments by applicable laws or regulations.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 18 <U>Administration</U>. For purposes of Section&nbsp;3(16)(A) of the Employee Retirement
Income Security Act of 1974 (&#147;ERISA&#148;), as amended, the Plan Administrator shall be the Company&#146;s
Executive Vice President Human Resources. The Plan Administrator or its delegatee shall have the
exclusive authority and responsibility for all matters in connection with the operation and
administration of the Plan. The Plan Administrator powers and duties shall include, but shall not
be limited to, the following: (a)&nbsp;responsibility for the compilation and maintenance of all
records necessary in connection with the Plan; (b)&nbsp;authorizing the payment of all benefits and
expenses of the Plan as they become payable under the Plan; (c)&nbsp;authority to engage such legal,
accounting and other professional services as it may deem necessary; (d)&nbsp;discretionary authority to
interpret the terms of the Plan; (e)&nbsp;authority to adopt procedures for implementing the Plan; and
(f)&nbsp;discretionary authority to determine participants&#146; eligibility for benefits under the Plan; and
to resolve all issues of fact and law in connection with such determinations


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 19 <U>Claims Procedure</U>. The Company shall establish a claims procedure consistent
with the requirements of ERISA. Such claims procedure shall provide adequate notice in writing to
any participant or Beneficiary whose claim for benefits under the Plan has been denied, setting forth the specific reasons for such denial, written in a manner
calculated to be understood by the claimant and shall afford a reasonable opportunity to a claimant

<P align="center" style="font-size: 10pt">-10-

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<P style="font-size: 9.5pt">whose claim for benefits has been denied for a full an fair review by the Company of the decision
denying the claim.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 20 <U>Construction and Applicable Law</U>. This Plan is intended to be construed and
administered as a unfunded plan maintained primarily for the purpose of providing deferred
compensation for a select group of management or highly compensated employees as provided in
sections 201(2), 301(a)(3) and 401(a)(1) of ERISA. The Plan shall be construed and administered
according to the laws of State of Minnesota to the extent that such laws are not preempted by
ERISA.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 21 <U>Agent for Legal Process</U>. The Company shall be the agent for service of legal
process with respect to any matter concerning the Plan, unless and until the Company designates
some other person as such agent.


<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 22 <U>Amendment and Termination</U>. The Board of Directors of the Company or the Human
Resources Committee of the Company&#146;s Board of Directors may at any time terminate, suspend or amend
this Plan in any manner.


<P align="left" style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 23 <U>Effective Date of the Plan</U>. The effective date of this restated Plan is July&nbsp;1, 1999.



<P style="font-size: 9.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sec. 24 <U>Provisions Applicable to WFF Employees</U>. This section applies to persons
(referred to herein as &#147;WFF Employees&#148;) employed by Wells Fargo Financial, Inc. and its
subsidiaries (collectively, &#147;WFF&#148;) which were participating employers in the Wells Fargo Financial
Pension Plan (the &#147;WFF Plan&#148;) on December&nbsp;31, 2004.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A WFF Employee employed by WFF on December&nbsp;31, 2004, is
eligible to participate in this Plan only if the employee satisfies the
requirements of Section&nbsp;5 of this Plan on or after January&nbsp;1, 2005. Except as
otherwise provided in subsection (b)&nbsp;below, the benefit of a WFF Employee
under this Plan will consist solely of amounts credited to such an
individual&#146;s account under Sections&nbsp;8 and 9 of this Plan during or after 2005.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U>Special Transitional Calculation for Certain WFF
Employees</U>. If a WFF Employee participating in this Plan is eligible for
the additional benefit provided under Section&nbsp;III. of the appendix to the
Pension Plan titled &#147;Appendix&nbsp;Applicable to Wells Fargo Financial, Inc. and
Subsidiaries&#148; that was effective January&nbsp;1, 2005 (the &#147;WFF Appendix&#148;), the
individual will be eligible for an additional benefit calculated under this
Plan as follows:</TD>
</TR>

</TABLE>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On the date as of which payment of the
benefit based on the individual&#146;s account in this Plan is to occur or
commence, an additional amount (not less than $0) will be added to
such account equal to the amount determined under subparagraph</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt">-11-
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<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(A)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>minus the sum of the amounts determined under subparagraph (B), as follows:</TD>
</TR>

</TABLE>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="9%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(A)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The lump sum present value of
the individual&#146;s WFF Grandfathered Pension determined under
Section&nbsp;III.(d) of the WFF Appendix, except that the
individual&#146;s Monthly Earnings for periods on and after January
1, 2005 will be based on the individual&#146;s Nonqualified
Certified Compensation for such periods determined under
Section&nbsp;3 of this Plan, and for periods prior to January&nbsp;1,
2005, the term &#147;Recognized Compensation&#148; will be replaced by
the compensation during the relevant period that would have
been used to calculate a benefit for the individual under the
Wells Fargo Financial Pension Excess Benefit Plan.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="9%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(B)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The sum of (i)&nbsp;the
individual&#146;s Account Balance under the Pension Plan, including
any additional amount credited to that Account pursuant to
Section&nbsp;III.(b) of the WFF Appendix, (ii)&nbsp;the lump sum present
value of the benefit to which the individual is entitled under
the WFF Plan, and (iii)&nbsp;the lump sum present value of the
benefit to which the individual is entitled under the Wells
Fargo Financial Pension Excess Benefit Plan.</TD>
</TR>

</TABLE>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9.5pt">
<TR valign="top" style="font-size: 9.5pt; color: #000000; background: #FFFFFF">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="4%" nowrap align="right">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Determinations of lump sum present values and
any other computations necessary to determine benefits under this
Section&nbsp;24 will be done using the same actuarial assumptions and other
methods and procedures specified for that purpose in Section&nbsp;III of
the WFF Appendix.</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt">-12-


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