Press Release

Jefferies Adds Global Head of Industrial Investment Banking

NEW YORK and LONDON, March 1, 2011 - Jefferies announced today the addition of David W. Bradley who joins the firm as a Managing Director and Global Head of Industrials Investment Banking. Mr. Bradley will be based in the firm's New York office.

"The Industrials sector represents one of the largest businesses in investment banking and the hiring of David Bradley is part of our global strategy to significantly expand our investment banking presence in this sector," commented Benjamin D. Lorello, Global Head of Investment Banking and Capital Markets at Jefferies. "David is one of the most respected chemicals and industrials bankers globally, and his extensive relationship base, significant cross-border transaction experience and proven track record uniquely qualify him to build and lead this important business for Jefferies."

Mr. Bradley brings to Jefferies 25 years of investment banking experience, and joins the firm from The Blackstone Group, where he was a Senior Managing Director and Global Head of Chemicals Investment Banking at Blackstone Advisory Partners. Previously, he spent seven years at UBS as a Managing Director and Global Head of Chemicals Investment Banking, and prior to that spent ten years at JP Morgan Chase in investment banking roles in London and New York, most recently as Global Head of Chemicals. He received his BSc with Honours from The University of Birmingham in the United Kingdom.

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:

Tom Tarrant, Jefferies, 203 708 5989,
Desiree Maghoo, Jefferies, 44 20 7029 8085,