424B2 1 d424b2.htm SUPPLEMENT TO PRELIMINARY PROSPECTUS SUPPLEMENT Supplement to Preliminary Prospectus Supplement

Filed Pursuant to Rule 424(b)(2)

File No. 333-114775

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Supplement to

 

Preliminary Prospectus Supplement dated December 2, 2004

 

and

 

Prospectus dated June 23, 2004

 

 

 

$                        

 

Wells Fargo & Company

 

Annual Coupon Notes Linked to the Dow Jones Global Titans 50 SM due June     , 2010

 

 

This supplement relates to the above-referenced notes being offered by Wells Fargo & Company and should be read together with the accompanying preliminary prospectus supplement dated December 2, 2004 and the prospectus dated June 23, 2004. The terms of the notes are set forth in the accompanying preliminary prospectus supplement and prospectus.

 

Page S-25 of the accompanying preliminary prospectus supplement is replaced by the following page.

 

 

 

 

 

 

 

 

Wells Fargo Securities, LLC

 

The date of this supplement is December 8, 2004.

Hypothetical Returns

 

 

The table below illustrates, for a range of hypothetical final index levels and average index levels:

 

  Ÿ   the hypothetical final index level;

 

  Ÿ   the hypothetical average index level;

 

  Ÿ   the hypothetical percentage change of the final index level from the initial index level;

 

  Ÿ   the hypothetical percentage change of the average index level from the initial index level;

 

  Ÿ   the hypothetical additional amount per $1,000 note;

 

  Ÿ   the hypothetical total amount payable at stated maturity per $1,000 note;

 

  Ÿ   the hypothetical aggregate annual interest payments;

 

  Ÿ   the hypothetical pre-tax total rate of return; and

 

  Ÿ   the hypothetical pre-tax annualized rate of return,

 

in each case assuming the interest rate on the notes is 2.00%, the midpoint of the specified range for the interest rate.

 

 

Hypothetical

Final

Index Level

  

Hypothetical

Average

Index Level

  

Hypothetical

Percentage

Change of
Final Index

Level From
Initial Index
Level

   Hypothetical
Percentage
Change of
Average
Index Level
From Initial
Index Level
  

Hypothetical

Additional

Amount Per

$1,000 Note

  

Hypothetical

Total Amount

Payable
At Stated
Maturity

Per $1,000
Note

   Hypothetical
Aggregate
Annual
Interest
Payments(1)
  

Hypothetical

Pre-Tax
Total

Rate of

Return(1)

  

Hypothetical

Pre-Tax

Annualized

Rate of

Return(2)

      75.66

   132.40   -60.00%   -30.00%   —      $600.00   $112.12   -28.79%    -6.10%

    132.40

   132.40   -30.00%   -30.00%   —      $900.00   $112.12      1.21%     0.22%

    189.14

   132.40      0.00%   -30.00%   —   $1,000.00   $112.12    11.21%     1.95%

      75.66

   151.31   -60.00%   -20.00%   —      $600.00   $112.12   -28.79%    -6.10%

    151.31

   151.31   -20.00%   -20.00%   —   $1,000.00   $112.12    11.21%     1.95%

    226.97

   151.31    20.00%   -20.00%   —   $1,000.00   $112.12    11.21%     1.95%

      75.66

   170.23   -60.00%   -10.00%   —      $600.00   $112.12   -28.79%    -6.10%

    170.23

   170.23   -10.00%   -10.00%   —   $1,000.00   $112.12    11.21%     1.95%

    264.80

   170.23    40.00%   -10.00%   —   $1,000.00   $112.12    11.21%     1.95%

      94.57

   189.14   -50.00%      0.00%   —      $700.00   $112.12   -18.79%    -3.76%

    189.14(3)

   189.14      0.00%      0.00%   —   $1,000.00   $112.12    11.21%     1.95%

    283.71

   189.14    50.00%      0.00%   —   $1,000.00   $112.12    11.21%     1.95%

    113.48

   208.05   -40.00%    10.00%   $100.00      $900.00   $112.12      1.21%     0.22%

    208.05

   208.05    10.00%    10.00%   $100.00   $1,100.00   $112.12    21.21%     3.54%

    302.62

   208.05    60.00%    10.00%   $100.00   $1,100.00   $112.12    21.21%     3.54%

    132.40

   226.97   -30.00%    20.00%   $200.00   $1,100.00   $112.12    21.21%     3.54%

    226.97

   226.97    20.00%    20.00%   $200.00   $1,200.00   $112.12    31.21%     5.02%

    321.54

   226.97    70.00%    20.00%   $200.00   $1,200.00   $112.12    31.21%     5.02%

    151.31

   245.88   -20.00%    30.00%   $300.00   $1,300.00   $112.12    41.21%     6.39%

    245.88

   245.88    30.00%    30.00%   $300.00   $1,300.00   $112.12    41.21%     6.39%

    340.45

   245.88    80.00%    30.00%   $300.00   $1,300.00   $112.12    41.21%     6.39%
(1)   Assumes the interest payments are reinvested to maturity at a rate equal to LIBOR with a term corresponding to the time remaining to maturity.
(2)   The annualized rates of return are calculated on a semi-annual bond equivalent basis.
(3)   The hypothetical initial index level.

 

S-25