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Press release from Business Wire

Wells Fargo Insurance Services Names Karin Marshall Managing Director for Houston and San Antonio

<p class='bwalignc'> <i><b>20-year industry veteran joins Southwest team</b></i> </p>

Monday, October 29, 2012

Wells Fargo Insurance Services Names Karin Marshall Managing Director for Houston and San Antonio09:30 EDT Monday, October 29, 2012 HOUSTON (Business Wire) -- Wells Fargo Insurance – part of Wells Fargo & Company (NYSE: WFC) – has named Karin Marshall senior vice president and managing director for its Houston and San Antonio offices. In her role, Marshall will manage operations for these offices, including client service and sales, cross-sell, market relations, employee development and overall growth and financial performance. She will report to Howard McClure, regional managing director for Wells Fargo Insurance's Southwest region. Karin Marshall, Wells Fargo Insurance (Photo: Business Wire) "Karin has an extensive knowledge of the insurance industry and a clear understanding of our customers' needs," said McClure. "Her leadership will provide our teams the opportunity to grow our organization and reinforce our commitment to satisfy our customers' insurance needs and help them succeed financially." A 20-year insurance industry veteran, Marshall has experience on both the carrier and broker sides of the business. Prior to joining Wells Fargo, she was senior vice president and general manager for the insurance unit of BBVA Compass in Houston, where she managed the daily operations of seven agencies located through-out the company's footprint and led insurance cross-sell efforts with various business segments of the bank. Throughout her career, Marshall has held a variety of leadership roles in underwriting, marketing and management in the industry. Marshall earned her bachelor's degree in management and marketing from Marshall University in Huntington, WV and holds the designation of Certified Property Casualty Underwriter (CPCU). She is a member of the River Oaks Business Women's Exchange Club. About Wells Fargo Insurance Wells Fargo Insurance1 is the fifth largest insurance broker in the world (Business Insurance, 2012). With 160 offices in 36 states, Wells Fargo Insurance provides solutions for a wide range of customers, including retail consumers, high net worth individuals, small businesses, as well as middle market and large corporate customers. The 7,300 insurance professionals of Wells Fargo Insurance write $20 billion of risk premiums annually in property, casualty, benefits, international, personal lines, and life products. About Wells Fargo & Company 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. 1Wells Fargo Insurance includes Wells Fargo Insurance, Inc., Wells Fargo Insurance Services USA, Inc., Wells Fargo Insurance Services of West Virginia, Inc., and Rural Community Insurance Company Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50457104&lang=en Wells Fargo & CompanyAngenette Lau, 415-396-9904