Relationships	Role	Relationship Start	Relationship End
U.S. Bancorp	Parent	6/30/2007
U.S. Bancorp	Parent	5/1/1998	6/29/2007
U.S. Bancorp Insurance And Investments, Inc.	Subsidary	6/30/2007
U.S. Bancorp Insurance And Investments, Inc.	Subsidary	12/30/2003	6/29/2007
Piper Jaffray Companies	Subsidary	5/1/1998	12/31/2003
U.S. Bancorp Piper Jaffray Ventures Inc.	Subsidary	5/1/1998	12/31/2003
U.S. Bancorp Piper Jaffray Capital Markets Ltd	Subsidary	5/1/2000	12/31/2003
U.S. Bancorp Piper Jaffray Financial Products Inc.	Subsidary	5/15/2003	12/31/2003
U.S. Bancorp Piper Jaffray Financial Inc.	Subsidary	5/1/1998	9/23/2003
Piper Realty Ventures Inc.	Subsidary	5/1/1998	9/17/2003
Piper Capital Management Incorporated	Subsidary	5/1/1998	8/31/2001
Premier Acceptance Corporation	Subsidary	5/1/1998	8/31/2001
U.S. Bancorp Piper Jaffray Foundation	Subsidary	5/1/1998	8/31/2001
Piper Trust Company	Subsidary	5/1/1998	6/14/1998

Acquisitions & Mergers	Role	Assets	Acct Method	Type	Transaction Date
U.S. Bancorp Investments, Inc.	Seller			Discontinued	12/30/2003