Piper Jaffray News Releases


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MINNEAPOLIS, Jan. 5 /PRNewswire-FirstCall/ -- Piper Jaffray Companies (NYSE: PJC) announced today that it will release its 2004 fourth quarter and year-end financial results prior to the opening of the market on Wednesday, Jan. 26, 2005. The company will also hold a conference call to review the financial results at 11 a.m. ET (10 a.m. CT). Andrew S. Duff, chairman and chief executive officer, and Sandra G. Sponem, chief financial officer, will host the call.

To view a copy of the earnings release on or after Jan. 26, 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 refer to conference ID 3118115 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 1 p.m. ET Jan. 26 at the same web address or by calling (800) 642-1687 or (706) 645-9291 international.

About Piper Jaffray Companies

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. Through its chief operating subsidiary, Piper Jaffray & Co., the firm has served corporations, government and non-profit entities, institutional investors and the financial advisory needs of private individuals since 1895. Headquartered in Minneapolis, Piper Jaffray has approximately 3,000 employees in 111 offices in 23 states across the country and in London. For more information about Piper Jaffray, visit us online at .

Since 1895. Member SIPC and NYSE.

SOURCE Piper Jaffray Companies
CONTACT: Jennifer A. Olson-Goude, Investor Relations, +1-612-303-6277
or Dana H. Wade, Public Affairs and Media Relations, +1-415-277-1556, both of
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