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U.S. Bancorp Piper Jaffray Hosts 15th Annual Financial Services Conference In New York, October 28-29

NEW YORK, Oct. 22 /PRNewswire-FirstCall/ -- U.S. Bancorp Piper Jaffray is pleased to host its 15th annual Financial Services Conference Tuesday-Wednesday, October 28-29, in New York. This year's conference will feature management presentations from over 50 of the most highly regarded and influential public companies within the banks and investment banks, specialty finance, financial technologies and services and real estate investment trusts (REITs) sectors.

"We are excited about the schedule for this year's financial conference," said Robert Peterson, head of Investment Research for Piper Jaffray. "We believe the management teams will provide investors with a unique look into various sectors of the financial services industry and a chance to find out what is on the horizon for 2004."

Highlighting the conference will be three separate panels. On Tuesday, Bert Ely, financial institutions and monetary policy consultant, Ely & Company, Inc. and Zahra El-Mekkawy of the Federal Reserve Bank of New York will host a regulation and legislation panel. Also on Tuesday will be the U.S. Housing Panel: Owning & Renting, monitored by David Berson, vice president and Chief Economist at Fannie Mae and Ric Campo, Chief Executive Officer of Camden Property Trust. On Wednesday, Andrew Hickman, vice president of research and development at eRisk and Nawal Roy of KPMG's Treasury and Capital Markets Advisory Practice will lead a panel on interest rate risk.

Company and investor participation for the Piper Jaffray Financial Services Conference is by invitation only. Members of the media, who would like to attend, should contact Susan Beatty at (612) 303-5680 or susan.beatty@pjc.com . Guests should register at www.piperjaffray.com .

U.S. Bancorp Piper Jaffray, a subsidiary of the consolidated group of U.S. Bancorp (NYSE: USB), is a focused securities firm comprised of two revenue-generating segments -- Capital Markets and Private Client Services. Clients of both segments are supported by Investment Research, an independent group reporting to the CEO. The firm provides a full range of investment products and services to individuals, institutions and businesses. The firm has over 124 offices in 25 states across the country. 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. For more information on U.S. Bancorp Piper Jaffray, visit www.piperjaffray.com .

Securities products and services offered through U.S. Bancorp Piper Jaffray, member SIPC and NYSE, Inc., a subsidiary of U.S. Bancorp. Additional information is available upon request.

SOURCE U.S. Bancorp Piper Jaffray

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



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