Sec Form 4 Filing - MUNIO DAVID J @ WELLS FARGO & CO/MN - 2006-03-03

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 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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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 (MM/DD/YY) 03/03/2006 (Street) LOS ANGELES, CA90071 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 03/03/2006 M 36,733 A $ 45.24 76,736 I Through Family Trust Common Stock, $1 2/3 par value 03/03/2006 M 15,733 A $ 46.6 92,469 I Through Family Trust Common Stock, $1 2/3 par value 03/03/2006 M 820 A $ 49.58 93,289 I Through Family Trust Common Stock, $1 2/3 par value 03/03/2006 F 43,603 D $ 63.84 49,686 I Through Family Trust Common Stock, $1 2/3 par value 11,443.74 ( 1 ) I Through 401(k) Plan

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 $ 45.24 03/03/2006 M 18,367 02/25/2005 02/25/2013 Common Stock, $1 2/3 par value 18,367 $ 0 0 D Employee Stock Purchase Option $ 45.24 03/03/2006 M 18,366 02/25/2006 02/25/2013 Common Stock, $1 2/3 par value 18,366 $ 0 0 D Employee Stock Purchase Option $ 46.6 03/03/2006 M 15,733 02/26/2005 02/26/2012 Common Stock, $1 2/3 par value 15,733 $ 0 0 D Employee Stock Purchase Option $ 49.58 03/03/2006 M 820 02/27/2004 02/27/2011 Common Stock, $1 2/3 par value 820 $ 0 0 D Employee Stock Purchase Option $ 63.84 03/03/2006 A 29,775 03/03/2006 02/25/2013 Common Stock, $1 2/3 par value 29,775 $ 0 29,775 D Employee Stock Purchase Option $ 63.84 03/03/2006 A 12,971 03/03/2006 02/26/2012 Common Stock, $1 2/3 par value 12,971 $ 0 12,971 D Employee Stock Purchase Option $ 63.84 03/03/2006 A 700 03/03/2006 02/27/2011 Common Stock, $1 2/3 par value 700 $ 0 700 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MUNIO DAVID J 333 SOUTH GRAND AVENUE LOS ANGELES, CA90071 Executive Vice President Signatures David J. Munio, by Robert S. Singley, Attorney-in-Fact 03/07/2006 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Reflects share equivalent of units in Wells Fargo Stock Fund and ESOP Fund of 401(k) Plan as of February 28, 2006, as if investable cash equivalents held by Plan were fully invested in Wells Fargo & Company Common Stock.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

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