NEWS RELEASE                                         [LETTERHEAD]




FOR IMMEDIATE RELEASE
- -----------------------
Thurs., August 21, 1997




WELLS FARGO COMMENTS ON BERKSHIRE HATHAWAY FILING


   Berkshire Hathaway remains a substantial stockholder in Wells Fargo & Co. 
(NYSE: WFC). Wells Fargo understands that Berkshire Hathaway requests 
confidential treatment for its Wells Fargo holdings in its Form 13F filings 
with the Securities and Exchange Commission.



                                    ###