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BELLEVUE, Wash.-January 16, 2002 -U.S. Bancorp Piper Jaffray (Piper Jaffray) financial advisor Meena Cheng was honored with an Award of Excellence by "Page Ahead Children's Literacy Program" for her volunteer efforts.
Five years ago, Cheng, an advisor in Piper Jaffray's Bellevue, Wash., brokerage office, conceived "Cooks for Books," an innovative way to raise funds for the children's charity. The program is an annual auction and dinner combined with cooking demonstrations performed by prominent local chefs. Cheng has continued to work to expand the program. Consistent with the firm's Guiding Principles, this is the most recent example of Piper Jaffray's commitment to contributing to the communities, in which its employees and clients live and work.
Founded as "Books for Kids" in 1990, and re-named Page Ahead in 2001, the organization promotes reading activities and provides new books to at-risk children and their families to enrich their lives and strengthen our communities. The non-profit organization encourages parents, caregivers, and community volunteers to read with children, help schools and social service agencies run successful literacy programs, and holds events designed to inspire children's love of reading.
Since its inception, Page Ahead has placed 860,000 new books into the hands of 310,000 at-risk children in Washington State who would otherwise have no books at home. In its 2002-03 program year, Page Ahead will provide 143,000 additional new books to 50,000 more at-risk children in Washington State.

U.S. Bancorp Piper Jaffray, a subsidiary of Minneapolis-based U.S. Bancorp is a focused securities firm comprised of three divisions: Equity Capital Markets, Fixed Income Capital Markets and Private Advisory Services. The firm provides a full range of investment products and services to individuals, institutions and businesses. The firm has over 120 offices in 24 states across the country. The Equity Capital Markets Division focuses on the needs of growth companies in the health care, technology, financial institutions, consumer and communications growth sectors. The firm has a national reputation for its expertise in fundamental research and equity and debt financing. The Fixed Income Capital Markets business provides bond issuers, individual investors and institutional investors expertise in investment banking, underwriting, trading, sales and research. The firm offers innovative solutions in corporate and government debt financings with particular expertise in corporate, health care/hospitals, real estate, higher education and government debt. The Private Advisory Services division financial advisors provide guidance in retirement planning, education planning, estate planning and wealth accumulation. Investors select from a wide array of products, including fee-based products, stocks, bonds, mutual funds, annuities, insurance and trust services. U.S. Bancorp offers a comprehensive range of financial solutions through U.S. Bank, U.S. Bancorp Asset Management, U.S. Bancorp Investments and U.S. Bancorp Piper Jaffray. Securities products and services offered through U.S. Bancorp Piper Jaffray, Inc., member SIPC and NYSE, Inc., a subsidiary of U.S. Bancorp. For more information on U.S. Bancorp Piper Jaffray, visit www.piperjaffray.com. Non-deposit investment products are not insured by the FDIC, are not deposits or other obligations of or guaranteed by U.S. Bank National Association or its affiliates, and involve investment risks, including possible loss of the principal amount invested.