Jefferies

Press Release

FOR IMMEDIATE RELEASE
Jefferies Hires Two Senior Analysts to Cover Internet and Interactive Entertainment

NEW YORK, June 4, 2012 – Jefferies today announced the hiring of Brian J. Pitz and Brian P. Fitzgerald as Managing Directors and Senior Equity Research Analysts covering Internet and Interactive Entertainment companies. Both will be based in Jefferies’ New York office.

Steven R. Black, Global Head of Equity Research at Jefferies, commented, “We are pleased to welcome these senior analysts to Jefferies as they are valuable additions to our global TMT equity research practice, which is a focus area for our firm and an important and critical segment of the global economy. Their significant experience and client relationships will further extend our leading TMT research franchise and add immediate value to our global equity offering to our institutional client base.”.

Mr. Pitz brings to Jefferies over 14 years of Equity Research experience and joins the firm from UBS, where he was an Executive Director and Senior Equity Research Analyst covering the Internet and Interactive Entertainment industry on an Institutional Investor-ranked team. Previously, he was a Principal and Senior Equity Research Analyst at Bank of America covering the Internet industry. Prior to that, he was a Vice President at Morgan Stanley covering the Internet, PC Software and Interactive Entertainment industries as a member of the top-ranked Internet equity research team in both the annual Institutional Investor poll and Greenwich Associates Survey, and previously was part of the #1-ranked Broadcasting research team in Institutional Investor poll from 1998 - 2001. He received a BS from Villanova University.

Mr. Fitzgerald brings 15 years of Research experience to Jefferies, and joins the firm from UBS, where he was a Director and Senior Equity Research Analyst covering the Internet and Interactive Entertainment industry on an Institutional Investor-ranked team. Previously, he was a Principal and Senior Equity Research Analyst at Bank of America covering the Internet industry. Prior to that, he was a Vice President at Morgan Stanley covering the Internet, PC Software and Interactive Entertainment industries as a member of the top-ranked Internet equity research team in the annual Institutional Investor poll and Greenwich Associates Survey. He received an MBA from New York University and a BS from the United States Military Academy.

About Jefferies

Jefferies Group, Inc. (NYSE: JEF), the global investment banking firm focused on serving clients for 50 years, is a leader in providing insight, expertise and execution to investors, companies and governments. The firm provides a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income, foreign exchange, futures and commodities, and also select asset and wealth management strategies, in the Americas, Europe and Asia.

For further information please contact:

Richard Khaleel, Jefferies, +1 212 284 2556, rkhaleel@jefferies.com
Sara-Louise Boyes, Jefferies, +44 (0)20 7029 8022, sboyes@jefferies.com