Jefferies

Press Release

FOR IMMEDIATE RELEASE
Jefferies Adds to International Equities Business

NEW YORK and LONDON, 12 October 2011 – Jefferies announced today the expansion of its Global Equity Sales group with the addition of Bruce Ingram who joins as a Managing Director and Head of Asia Pacific Sales into Europe. He is based in the firm’s London office.

“We are pleased to welcome an established professional like Bruce to Jefferies,” commented Andrew Shortland, Head of Equities EMEA at Jefferies. “His addition is the next step in the continued expansion of our Global Equities platform and his considerable experience and strong relationships will bring immediate value to Jefferies' European clients."

Chris Shute, Head of Asia Pacific Distribution and Trading at Jefferies, added, "The addition of Bruce underscores Jefferies' ongoing commitment to deliver high quality Asia research product to our European accounts."

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. Ingram brings to Jefferies more than 16 years of experience, and joins the firm from Nomura, where he spent five years and was a Managing Director and Head of Sales for Asia ex-Japan. Previously, he was a Director at Credit Suisse, covering European accounts. Prior to that, he worked on the Asian Equities desk at Barings Securities/ING Barings. He received a BA with honours from Exeter University.

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, lulbrandt@leucadia.com
Richard Khaleel, Jefferies, +1 212 284 2556, rkhaleel@jefferies.com