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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000912057-00-005634.txt : 20000214
<SEC-HEADER>0000912057-00-005634.hdr.sgml : 20000214
ACCESSION NUMBER:		0000912057-00-005634
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20000211

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EVOLVING SYSTEMS INC
		CENTRAL INDEX KEY:			0001052054
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
		IRS NUMBER:				841010843
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		
		SEC FILE NUMBER:	005-54125
		FILM NUMBER:		534227

	BUSINESS ADDRESS:	
		STREET 1:		9777 MT PYRAMID COURT
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80112
		BUSINESS PHONE:		3038021000

	MAIL ADDRESS:	
		STREET 1:		9777 MT PYRAMID COURT
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80112

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			US BANCORP \DE\
		CENTRAL INDEX KEY:			0000036104
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				410255900
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		FIRST BANK PL
		STREET 2:		601 SECOND AVE S
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402-4302
		BUSINESS PHONE:		6129731111

	MAIL ADDRESS:	
		STREET 1:		601 2ND AVENUE SOUTH-FIRST BANK PLACE
		STREET 2:		601 2ND AVENUE SOUTH-FIRST BANK PLACE
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402-4302

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST BANK SYSTEM INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST BANK STOCK CORP
		DATE OF NAME CHANGE:	19720317
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<DESCRIPTION>SC 13G/A
<TEXT>

<PAGE>


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                               (AMENDMENT NO. 1 )*

                              Evolving Systems Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                     Common
                         (Title of Class of Securities)

                                   30049R-10-0
                                  -------------
                                 (CUSIP Number)

                                December 31, 1999
                                -----------------
             (Date of Event Which Requires Filing of this Statement)

            Check the appropriate box to designate the rule pursuant
                        to which this Schedule is filed:
                                /X/ Rule 13d-1(b)
                                / / Rule 13d-1(c)
                                / / Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                               Page 1 of 6 pages

<PAGE>


 -----------------------------                        --------------------------
    CUSIP NO. 30049R-10-0             13G                  PAGE 2 OF 6 PAGES
 -----------------------------                        --------------------------

- --------------------------------------------------------------------------------
   1     NAME OF REPORTING PERSON S.S. or I.R.S.
         IDENTIFICATION NO. OF ABOVE PERSON
         U.S. Bancorp
         601 2nd Ave. South
         Minneapolis, MN  55402-4302
         Tax I.D. No.:  41-0255900
- --------------------------------------------------------------------------------
   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

                                                                         (a) / /
                                                                         (b) / /
- --------------------------------------------------------------------------------
   3     SEC USE ONLY

- --------------------------------------------------------------------------------
   4     CITIZENSHIP OR PLACE OF ORGANIZATION

         Delaware, U.S.A.
- --------------------------------------------------------------------------------
                  5     SOLE VOTING POWER
    NUMBER OF                                0
                  --------------------------------------------------------------
     SHARES       6     SHARED VOTING POWER
  BENEFICIALLY
    OWNED BY                                 0
                  --------------------------------------------------------------
      EACH        7     SOLE DISPOSITIVE POWER
    REPORTING
     PERSON                                  0
                  --------------------------------------------------------------
      WITH        8     SHARED DISPOSITIVE POWER
                                             0
- --------------------------------------------------------------------------------
   9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                             0
- --------------------------------------------------------------------------------
  10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

- --------------------------------------------------------------------------------
  11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                                             *less than 5%
- --------------------------------------------------------------------------------
  12     TYPE OF REPORTING PERSON*

         H.C.
- --------------------------------------------------------------------------------

                       SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>

                                                               Page 3 of 6 pages

ITEM 1

        a.     NAME OF ISSUER:

               Evolving Systems Inc.

        b.     ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

               Evolving Systems Inc.
               9777 Mt Pyramid Court
               Englewood, CO  80112

ITEM 2

        a.     NAME OF PERSON FILING:

               U.S. Bancorp

        b.     ADDRESS OF PERSON'S FILING PRINCIPAL EXECUTIVE OFFICES:

               601 2nd Ave South
               Minneapolis, MN  55402-4302
               United States

        c.     TITLE OF CLASS OF SECURITIES:

               COMMON

        d.     CUSIP NUMBER:

               30049R-10-0

ITEM 3

               The person filing this statement is a:
               (g) [x] Parent Holding Company

ITEM 4

        OWNERSHIP:

        a.      Amount beneficially owned:                                   0
        b.      Percentage of Class:                             *less than 5%
        c.      Number of shares as to which such person has:

              1.        Sole power to vote or direct the vote:               0
              2.        Shared power to vote or direct vote:                 0
              3.        Sole power to dispose or direct the disposition:     0
              4.        Shared power to dispose or direct the disposition:   0

ITEM 5

        OWNERSHIP OF FIVE PERCENT OR LESS OF CLASS:( X )


<PAGE>



                                                                     Page 4 of 6

ITEM 6

        OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

        Accounts or persons have the right to receive or the power to direct the
        receipt of dividends from, or the proceeds from the sale of, shares
        reported in this filing. To our knowledge no such interest of any
        account or person relates to more than 5% of the class.

ITEM 7

        IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE SUBSIDIARY WHICH
        ACQUIRED THE SECURITY BEING REPORTED ON BY PARENT HOLDING COMPANY

        See Exhibit A

ITEM 8

        IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

        Not Applicable

ITEM 9

        NOTICE OF DISSOLUTION OF GROUP:

        Not Applicable

ITEM 10

        CERTIFICATION

By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.

                                    SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this Statement is true, complete and correct.

Dated: February 11, 2000


Merita Schollmeier
- ------------------------------
Merita Schollmeier
Vice President


<PAGE>



                                                                     Page 5 of 6

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington D. C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                                    EXHIBIT A

The Schedule to which this attachment is appended is filed on behalf of the
following subsidiary or subsidiaries listed below, which are classified as banks
for the purposes of 17 CFR 140.13d-1 (b) (ii) (B).

     U.S. Bank National Association        U.S. Bank Trust National Association
     601 2nd Avenue South                  180 E 5th St
     Minneapolis, MN 55402                 Suite 200
                                           St. Paul, MN  55101


<PAGE>

                                                                     Page 6 of 6

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                             EXHIBIT B - DISCLAIMER

Information on the attached Schedule 13G is provided solely for the purpose of
complying with Section 13(d) and 13(g) of the Securities Exchange Act of 1934
and Regulations promulgated under authority thereof and is not intended as an
admission that U.S. Bancorp or any of its subsidiaries, is a beneficial owner of
the securities described herein for any other purpose (including without
limitation for purposes of the Minnesota Control Share Acquisition Act).
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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