Wells Fargo Contributes $100K to Support Business Students
Funding to support business students

San Francisco, CA. March 2006 - The Hispanic Scholarship Fund (HSF) is proud to have the Wells Fargo Foundation as a supporter with its contribution of $100,000 for the HSF/Wells Fargo Foundation Scholarship Program. The program is designed for college students who are interested in financial and banking institution-based careers. It aims at making a positive impact on students' education through scholarship support and career preparedness via internship opportunities.

"Wells Fargo Foundation's investment in HSF demonstrates the commitment of our corporate partners to ensure opportunities for our children to get a college education and become skilled professionals, informed consumers and contributors to our community," said Sara Martinez Tucker, president and CEO of HSF. "An educated Hispanic population is fundamental to the future productivity and growth of the country's economy."

Wells Fargo is proud to support organizations working to strengthen communities and improving the quality of life. Through charitable contributions and the efforts of their enthusiastic team members, Wells Fargo shares their successes within communities by giving back to non-profit organizations that address vital community needs and issues.

Since 2002, the HSF/Wells Fargo Scholarship Program has provided scholarships totaling over $466,000 to students across the nation. In the last five years, Wells Fargo has contributed almost $115 million to schools and educational programs across the country.

About Wells Fargo
Wells Fargo is a diversified financial services company with $422 billion in assets, providing banking, insurance, investments, mortgage and consumer finance for more than 23 million customers from more than 6,000 stores, the internet, and other distribution channels across North America and elsewhere internationally.
For more information about Wells Fargo, visit www.wellsfargo.com

About Hispanic Scholarship Fund
The Hispanic Scholarship Fund (HSF) is the nation's leading organization supporting Hispanic higher education. Founded in 1975 as a 501(c) 3 not-for-profit organization, HSF's vision is to strengthen the country by advancing college education among Hispanic Americans. In support of its mission to double the rate of Hispanics earning college degrees, HSF provides the Latino community more college scholarships and educational outreach support than any other organization in the country. During its 30-year history, HSF has awarded more than 73,000 scholarships in excess of $170 million to Latinos from all 50 states, Puerto Rico, Guam and the U.S. Virgin Islands who have attended more than 1,700 colleges and universities.