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DanielB.Ravicher,Esq. 1375Broadway,Suite600 NewYork,NY10018 JohnG.Stumpf,CEO JamesM.

Strother,GeneralCounsel WellsFargo&Company 420MontgomeryStreet SanFrancisco,CA94163 Re: February5,2013

Please InvestigateandCeaseInvolvementWith Herbalife'sPyramidScheme

DearMessrs.StumpfandStrother: Asashareholderandattorney,IwritetomakeyouawarethatWellsFargomaybeparty toanillegalpyramidscheme. Namely,thereissubstantialevidencethatHerbalife Ltd. isan illegal pyramid scheme operating under the guise of a health products company. Upon investigation,however,itappearsasthoughHerbalifemaypaymoremoneytoparticipantsinits businesstorecruitnewparticipantsthanitdoesforsaleofitsproducts.Thisisillegal.See,e.g., Websterv.OmnitritionIntern.,Inc.,79F.3d776(9thCir.1996). WellsFargo isaidingHerbalifeinmaintainingandperpetuatingthatschemeandthus, may itself be liable for injury caused by it. Specifically, Wells Fargo provides Herbalife a revolvingcreditfacilitythatenablesHerbalifetomaintainandextenditsscheme. Assoonaspractical,pleaseconfirmtomethatyouhaveinvestigatedtheseissuesand ceasedallinvolvementwithorsupportofHerbalife.IfyouchoosenottoinvestigateHerbalifeor not to cease your involvement therewith, please provide me the legal basis justifying your decision,includingatminimum the opinionletterfromyourcounsel uponwhichyourely. I believeyouhavea fiduciarydutyto meandothershareholdersto ensure WellsFargo is not involvedwithcriminalactivity. Butmoreimportantly,whywouldyouevenwanttoriskinjuring WellsFargo'sstellar reputationbybeinginvolvedwithHerbalife?Theycannotbesoimportantacustomerthatyou would jeopardize your good name and reputation by being involved with such an unsavory company. Thankyou,inadvance,foryourtimeandattentiontothisveryimportantissue. Sincerely, DanielB.Ravicher

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