Press Release

Jefferies Expands Global Equity Sales

NEW YORK, October 27, 2011 – Jefferies today announced the expansion of its Global Equity Sales effort with the appointment of Aroon Balani as a Managing Director for Asia Pacific Equity Sales into the U.S. He is based in the firm’s New York office.

“We are pleased to welcome Aroon to our team, and his addition demonstrates Jefferies’ commitment to providing enhanced service to our global equities sales and trading clients,” commented Chris Shute, Head of Asia Pacific Distribution and Trading at Jefferies. “We are confident he will make a meaningful and immediate contribution to our global equities platform.”

Jefferies' Global Equities business provides full-service research, sales and execution services across cash equities, electronic trading, equity derivatives, exchange traded funds, convertibles, prime brokerage, and securities finance. The group is comprised of over 750 professionals in research, sales, and trading across the U.S., Europe and Asia, including nearly 300 research professionals covering over 1,200 companies globally.

Mr. Balani brings to Jefferies more than 20 years of experience and joins the firm from JP Morgan/Robert Fleming, where he was a Managing Director in Equity Sales and spent 15 years. Previously, he worked in Equity Sales at Citigroup, Mees Pierson and Peregrine Brokerage, where he also was an Equity Research Analyst in Hong Kong covering Industrial companies. He received a BS from the Wharton School of Business at the University of Pennsylvania.

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

For further information, please contact:

Laura Ulbrandt, Leucadia, +1 212 460 1977,
Richard Khaleel, Jefferies, +1 212 284 2556,