Piper Jaffray Companies to Hold Management Conference Call to Discuss 2009 Second Quarter Results

MINNEAPOLIS--(Business Wire)--
Piper Jaffray Companies (NYSE: PJC) announced today that it will release its
2009 second quarter financial results prior to the opening of the market on
Wed., July 22, 2009. 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 Debbra L. Schoneman, chief financial officer, will host
the call.

To view a copy of the earnings release on or after July 22, please visit
www.piperjaffray.com. The call can be accessed via live audio webcast available
through the firm's Web site at www.piperjaffray.com or by dialing (800)
891-6979. 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 July 22 at the same Web address or by calling (800)
257-4607 and referencing reservation #21430667.

About Piper Jaffray

Piper Jaffray Companies (NYSE: PJC) 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. Piper
Jaffray headquarters are located in Minneapolis, Minnesota, with offices across
the U.S. and in London, Hong Kong and Shanghai. Piper Jaffray & Co. is the
firm's principal operating subsidiary. (www.piperjaffray.com)

© 2009 Piper Jaffray & Co., 800 Nicollet Mall, Suite 800, Minneapolis, Minnesota
55402

Piper Jaffray Companies
Investor and Media Relations
Jennifer Olson-Goude, 612-303-6277

Copyright Business Wire 2009