Wells Fargo Global Fund Services Opens Hong Kong Office

  Wells Fargo Global Fund Services Opens Hong Kong Office

Business Wire

HONG KONG -- December 13, 2012

Wells Fargo Global Fund Services today announced the opening of an office in
Hong Kong.

The Hong Kong presence of Wells Fargo Global Fund Services will be located in
Wells Fargo’s existing local office, which is at 23rd Floor, AIA Central, 1
Connaught Rd Central. The Global Fund Services’ platform utilizes a robust
platform and technology that provides traditional fund administration
services, operational support, derivatives processing, bank debt processing,
and cash/collateral management to alternative investment and private equity
firms.

“We are committed to supporting our suite of industry offerings throughout the
Asian region,” said Celia Choh, head of Fund Services Asia. “This expanded
local presence is carefully integrated into our global platform, which
leverages Wells Fargo’s market experience and expertise.”

Johnson Har will lead the Hong Kong office. He joined Wells Fargo as a Vice
President in August from Custom House Global Fund Services. His financial
services industry experience also includes sales and business development
positions at Newedge Group and HSBC Institutional Trust Service in Hong Kong.

Wells Fargo Global Fund Services administers more than $25 billion in
alternative fund assets, covering a wide range of strategies traded by global
portfolio managers including equity, macro, commodities, fixed income, credit,
distressed, structured credit, private equity, and real estate. The work
processes follow the sun through a global network of offices located in Hong
Kong, Singapore, London, Dublin, Jersey, New York and Minneapolis providing
fund managers and investors with 24 hour/6 days a week support.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified,
community-based financial services company with $1.4 trillion in assets.
Founded in 1852 and headquartered in San Francisco, Wells Fargo provides
banking, insurance, investments, mortgage, and consumer and commercial finance
through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com),
and has offices in more than 35 countries to support the bank’s customers who
conduct business in the global economy. With more than 265,000 team members,
Wells Fargo serves one in three households in the United States. Wells Fargo &
Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest
corporations. Wells Fargo’s vision is to satisfy all our customers’ financial
needs and help them succeed financially.

Contact:

for Wells Fargo & Company
Charlotte Luer, 239-404-6785 (Media)
cluer@ljhfm.com