Press Release

Jefferies Adds to Industrials Investment Banking

NEW YORK, October 25, 2011 – Jefferies today announced the appointment of Goran Avdicevic as a Managing Director in Industrials Investment Banking. Mr. Avdicevic will focus on the Transportation and Logistics sector and will be based in the firm’s New York office.

“Coverage of clients in the Transportation and Logistics business is an important part of the expansion strategy in Industrials Investment Banking,” said Benjamin D. Lorello, Global Head of Investment Banking and Capital Markets at Jefferies. “Goran’s significant experience with clients in the airline, aircraft leasing, railroad and rail equipment sectors ideally complements our existing client coverage of the automotive and maritime sectors.”

“We are very pleased to welcome Goran to Jefferies,” added David Bradley, Global Head of Industrials Investment Banking at Jefferies. “His extensive relationships and deal experience across several transportation sector verticals will be very additive to our growing Global Industrials business.”

Mr. Avdicevic brings to Jefferies more than 15 years of experience, and joins the firm from JP Morgan, where he was Executive Director and senior coverage officer in the Transportation Investment Banking Group. Prior to JP Morgan, Mr. Avdicevic was employed at Bear Stearns, where he was a VP and coverage officer in the Transportation and Logistics Group. He received his MBA, with honors, from Columbia Business School and his BS, summa cum laude, from Rutgers College.

For further information, please contact:

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