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MINNEAPOLIS, Apr 29, 2004 /PRNewswire-FirstCall via COMTEX/ -- Piper Jaffray, U.S. Bank and the YWCA of Minneapolis are proud to offer the third annual "SAVVY GIRLS" workshop on Saturday, May 1 at the Downtown YWCA, 1130 Nicollet Mall in Minneapolis. The first two "SAVVY GIRLS" workshops together drew over 170 mothers and daughters.

"We have experienced overwhelming success and participation in our two initial 'Savvy Girls' workshops," said Kim Jenson, regional director of the Piper Jaffray Private Client Services business. "We hope this year's workshop will provide these girls and their mothers the tools they need to achieve their goals by learning how to budget money for spending, saving and sharing."

The unique financial workshop is for girls, ages 9 to 13, and their mothers aimed at helping them achieve their dreams. The event is free of charge; however registration through the YWCA is required.

"There is a tremendous need for women today to be educated about financial matters," said Jenson. "We believe that creating this fun and interactive financial workshop -- and involving mothers and daughters together -- will offer a valuable and unique learning experience. We hope that mothers and daughters will take what they learn into their homes, thereby providing them with the skills necessary for making sound choices and decisions about money."

During the Saturday session, girls and their mothers will participate in creative workshops led by financial experts from Piper Jaffray and U.S. Bank. The girls and their mothers will learn about money basics, financial growth, values and choices about money and budgeting. Participants will accumulate points with each completed exercise. These points will be rewarded financially, based on a sliding scale. Exercises have been developed to be included in YWCA's Girl Power(R) Program -- a hands-on math, science and technology program for girls -- reinforcing the messages delivered at the "SAVVY GIRLS" workshop.

"The YWCA of Minneapolis is proud to present 'SAVVY GIRLS' as a strong part of our mission statement, 'Empower Women And Girls and Eliminate Racism,'" said Christa Perkins, Girl Power(R) Coordinator of the YWCA. "Not only does it stress the importance of money management, it also promotes communication between mothers and daughters."

For more information please contact: Christa Perkins, Girl Power(R) Coordinator, YWCA at 612-215-4375.

Headquartered in Minneapolis, Piper Jaffray & Co., a subsidiary of Piper Jaffray Companies (NYSE: PJC), is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within selected sectors of the financial services marketplace. The company operates through two primary revenue-generating segments - Capital Markets and Private Client Services. Investment Research, an independent group reporting to the CEO, supports clients of both segments. The firm serves corporations, government and non-profit entities, and institutional investors on a national basis and serves the financial advisory needs of private individuals predominantly across the western half of the United States. The firm has approximately 3,000 employees in 111 offices in 23 states across the country and in London, England. For more information about Piper Jaffray, visit us online at .

Since 1895. Member SIPC and NYSE.

U.S. Bancorp (NYSE: USB) is the parent company of U.S. Bank. U.S. Bancorp with assets of $192 billion, is the 7th largest financial services holding company in the United States. The company operates 2,275 banking offices and 4,472 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is home of the Five Star Service Guarantee which assures customers of certain key banking benefits and services or customers will be paid for their inconvenience. Visit U.S. Bancorp on the web at .

Susan Beatty, Public Affairs and Media Relations of Piper Jaffray, +1-612-303-5680, or Amy Frantti, Media Relations of U.S. Bank, +1-612-303-0733