Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MUNIO DAVID J
   2. Issuer Name and Ticker or Trading Symbol
WELLS FARGO & CO/MN [WFC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last)
(First)
(Middle)
333 SOUTH GRAND AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
02/02/2005
(Street)

LOS ANGELES, CA 90071		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $1 2/3 par value 02/02/2005   M   12,675 A $ 37.5625 39,983 I Through Family Trust
Common Stock, $1 2/3 par value 02/02/2005   M   18,367 A $ 45.24 58,350 I Through Family Trust
Common Stock, $1 2/3 par value 02/02/2005   M   8,170 A $ 46.6 66,520 I Through Family Trust
Common Stock, $1 2/3 par value 02/02/2005   F   31,624 D $ 61.8 34,896 I Through Family Trust
Common Stock, $1 2/3 par value               10,532.2649 (1) I Through 401(k) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Purchase Option $ 37.5625 02/02/2005   M     5,835 02/23/2001 02/23/2009 Common Stock, $1 2/3 par value 5,835 $ 0 0 D  
Employee Stock Purchase Option $ 37.5625 02/02/2005   M     6,840 02/23/2002 02/23/2009 Common Stock, $1 2/3 par value 6,840 $ 0 0 D  
Employee Stock Purchase Option $ 45.24 02/02/2005   M     18,367 02/25/2004 02/25/2013 Common Stock, $1 2/3 par value 18,367 $ 0 0 D  
Employee Stock Purchase Option $ 46.6 02/02/2005   M     8,170 02/26/2003 02/26/2012 Common Stock, $1 2/3 par value 8,170 $ 0 7,564 D  
Employee Stock Purchase Option $ 61.8 02/02/2005   A   9,442   02/02/2005 02/23/2009 Common Stock, $1 2/3 par value 9,442 $ 0 9,442 D  
Employee Stock Purchase Option $ 61.8 02/02/2005   A   15,167   02/02/2005 02/25/2013 Common Stock, $1 2/3 par value 15,167 $ 0 15,167 D  
Employee Stock Purchase Option $ 61.8 02/02/2005   A   6,863   02/02/2005 02/26/2012 Common Stock, $1 2/3 par value 6,863 $ 0 6,863 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MUNIO DAVID J
333 SOUTH GRAND AVENUE
LOS ANGELES, CA 90071		       Executive Vice President  

Signatures

 David J. Munio, by Robert S. Singley, Attorney-in-Fact   02/04/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Reflects share equivalent of units in Wells Fargo Stock Fund and ESOP Fund of 401(k) Plan as of January 31, 2005, as if investable cash equivalents held by Plan were fully invested in Wells Fargo & Company Common Stock.

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