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MINNEAPOLIS, April 4 /PRNewswire-FirstCall/ -- Piper Jaffray Companies (NYSE: PJC) announced today that it will release its 2007 first quarter financial results prior to the opening of the market on Wed., April 18, 2007. The company will also hold a conference call to review the financial results at 9 a.m. ET (8 a.m. CT). Andrew S. Duff, chairman and chief executive officer, and Thomas P. Schnettler, vice chairman and chief financial officer, will host the call.

To view a copy of the earnings release on or after April 18, please visit . The call can be accessed via live audio webcast available through the firm's web site at or by dialing (866) 244-9933, or (706) 758-0864 international, and referring to conference ID 4206003 and the leader's name, Andrew Duff. Callers should dial in at least 15 minutes early to receive instructions. A replay of the conference call will be available beginning at approximately 11 a.m. ET April 18 at the same web address or by calling (800) 642-1687 or (706) 645- 9291 international.

About Piper Jaffray

Piper Jaffray Companies is a leading, international middle market investment bank and institutional securities firm, serving the needs of middle market corporations, private equity groups, public entities, nonprofit clients and institutional investors. Founded in 1895, Piper Jaffray provides a comprehensive set of products and services, including equity and debt capital markets products; public finance services; mergers and acquisitions advisory services; high-yield and structured products; institutional equity and fixed- income sales and trading; and equity and high-yield research. With headquarters in Minneapolis, Piper Jaffray has 25 offices across the United States and international locations in London and Shanghai. The firm's UK operating subsidiary, Piper Jaffray Ltd., is authorized and regulated by the Financial Services Authority and is a member of the London Stock Exchange. Piper Jaffray & Co. is the firm's principal operating subsidiary. (NYSE: PJC; )

Since 1895. Member SIPC and NYSE.

SOURCE  Piper Jaffray Companies
    -0-                             04/04/2007
    /CONTACT:  Investor Relations, Jennifer Olson-Goude, +1-612-303-6277, or
Media Relations, Rob Litt, +1-612-303-8266, both of Piper Jaffray /
    /Web site: /

CO:  Piper Jaffray Companies
ST:  Minnesota

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