Wells Fargo & Company (f.k.a. Norwest Corporation) and Subsidiaries - Page 6




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          12484-99 (which was after the merger), its principal place of               
          business was in San Francisco, California.                                  
          B.   Norwest’s Welfare Benefit Plans                                        
               On January 1, 1930, Norwest established the Norwest Corp.              
          Medical Plan, also known as the Norwest Corp. Hospital-Medical Plan         
          (the medical plan).  The medical plan is a self-insured welfare             
          plan providing for the payment (or reimbursement) of all or a               
          portion of covered medical expenses incurred by Norwest’s eligible          
          employees (including eligible retired employees) and their eligible         
          dependents.  Since June 1, 1957, the medical plan has provided              
          postretirement medical benefits (i.e., medical benefits for its             
          retirees), pursuant to a rider issued by Prudential Insurance Co.           
          of America, relating to Norwest’s group health insurance policy.            
               Over the years, Norwest established other plans, in addition           
          to the medical plan, to provide benefits for Norwest’s eligible             
          employees (including under some plans retired employees) and their          
          eligible dependents.  The employee benefit plans include a long-            


















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Last modified: May 25, 2011