Wells Fargo Securities Broadens Retail Coverage with Senior Research Hire, Paul Lejuez

  Wells Fargo Securities Broadens Retail Coverage with Senior Research Hire,
  Paul Lejuez

    Senior Research Analyst to Lead Specialty Retail and Broadlines Sector
                                   Coverage

Business Wire

NEW YORK -- January 22, 2013

Wells Fargo Securities, part of Wells Fargo & Company (NYSE:WFC), announced
today that Paul Lejuez will be joining Wells Fargo Securities as a managing
director and senior analyst in the Equity Research Department covering the
Specialty Retail and Broadlines sectors.He will be based in New York, jointly
reporting to Sam Pearlstein and Todd Wickwire, co-heads of Equity Research at
Wells Fargo Securities.

“Paul is widely recognized by investors and issuers as a thought leader in the
sector and we are excited to have him lead our Specialty Retail and Broadlines
Equity Research effort,” said Diane Schumaker-Krieg, global head of Research,
Economics & Strategy at Wells Fargo Securities. “With the addition of Paul’s
knowledge and expertise, we believe Wells Fargo’s consumer retail research
franchise will be greatly enhanced and increasingly valuable to our clients.”

Most recently, Lejuez was the senior Specialty Retail and Broadlines equity
analyst for Nomura Securities. Prior to that, he spent more than 10 years at
Credit Suisse, rising through the firm to become its senior Specialty Retail
analyst. At his previous positions, Lejuez established and maintained a highly
regarded Specialty Retail franchise, with his team ranking #3 in the 2012
Institutional Investor All-America Research poll. Lejuez holds both a Bachelor
of Science (Magna Cum Laude) and Master of Science degree in Accountancy from
Wake Forest University. Additionally, he holds Chartered Financial Analyst
(CFA) and Certified Financial Planner (CFP) designations and is a licensed
Certified Public Accountant (CPA).

About Wells Fargo Securities

Wells Fargo Securities delivers a comprehensive set of capital markets
products and services, including public debt and equity origination and
distribution, interest rate, commodity and equity risk hedging, mergers and
acquisitions advice, prime services, structured lending facilities and
municipal bond origination. The institutional capital markets business is
comprised of more than 4,000 team members in 40+ offices across the U.S.,
Europe and Asia.

Wells Fargo Securities is the trade name for certain capital markets and
investment banking services of Wells Fargo & Company and its subsidiaries,
including Wells Fargo Securities, LLC, member NYSE, FINRA, NFA and SIPC, Wells
Fargo Institutional Securities, LLC, member FINRA and SIPC, Wells Fargo Bank,
National Association, Wells Fargo Securities International Limited (authorized
by the U.K. FSA), Wells Fargo Securities Asia Limited (licensed by the HK
SFC), and Wells Fargo Securities (Japan) Co., Ltd. (registered with the KLFB).

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:

Wells Fargo Securities
Shelley Beason, 704-715-2471 (Media)
shelley.beason@wellsfargo.com