Jefferies

Press Release

FOR IMMEDIATE RELEASE
Jefferies Announces Management Conference Call to Discuss 2011 Third Quarter Financial Results

NEW YORK, September 13, 2011 -- Jefferies Group, Inc. (NYSE: JEF) announced today that it will hold a conference call with management on September 20, 2011 to discuss financial results for the fiscal third quarter ended August 31, 2011. Participants on the call will include: Richard B. Handler, Chairman and Chief Executive Officer; Brian P. Friedman, Executive Committee Chairman; and Peregrine (“Peg”) Broadbent, Chief Financial Officer.

The call will be held on Tuesday, September 20, 2011, at 9:00 AM Eastern (date and time subject to change). Investors and securities industry professionals may access the management discussion by calling 877-710-9938 or 702-928-7183. A one-week replay of the call will also be available at 855-859-2056 or 404-537-3406 (conference ID # 96561656). A live audio webcast and delayed replay can also be accessed at Jefferies.com.

Jefferies’ earnings press release will be distributed via Business Wire at approximately 8:00 AM Eastern on September 20, 2011 and will be available at Jefferies.com.

Jefferies Group, Inc. (NYSE: JEF), a global securities and investment banking firm, has served companies and investors for nearly 50 years.

For further information, please contact:

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