Jefferies

Press Release

FOR IMMEDIATE RELEASE
Jefferies Expands Global Industrial Investment Banking

NEW YORK, LONDON and FRANKFURT, August 15, 2011 – Jefferies today announced the appointment of Thomas Fetzer as a Managing Director in the Global Industrials Group responsible for coverage of capital goods clients across Germany and Central Europe. He will be based in the firm’s Frankfurt office.

“The addition of Thomas Fetzer is part of our ongoing strategy to expand our European industrials investment banking footprint,” commented Benjamin D. Lorello, Global Head of Investment Banking and Capital Markets at Jefferies. “Thomas’ significant experience in providing strategic M&A advice to capital goods clients, coupled with his excellent reputation with industrial clients in Germany, Austria and Switzerland will add immediate value to our European industrials franchise.”

“Thomas joins our rapidly growing European industrials investment banking team, together with the recent additions of Anthony Fitzpatrick as a Managing Director and Head of European Chemicals Investment Banking and Simon Dowker as a Senior Vice President in European industrials,” added David Bradley, Global Head of Industrials Investment Banking at Jefferies.

"We are pleased to welcome Thomas to our investment banking team in Frankfurt,” commented Roland Sand, Head of Investment Banking for Germany, Austria, and Switzerland. The capital goods sector is a very important part of our business in the German speaking region and is an integral part of our significant build out of the Frankfurt office which now numbers 20 professionals.

Mr. Fetzer brings to Jefferies more than 15 years of investment banking experience and joins the firm from UBS, where he worked for four years and was a Managing Director in the Global Industrials Group focusing on the European capital goods sector. Previously, he spent six years at Greenhill & Company based in Frankfurt, Germany, where he was a Principal in their German Investment Banking Group. He received his MBA from Harvard Business School and BAs from Middlesex University and European School of Business (ESB) in Reutlingen, Germany.

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:

Laura Ulbrandt, Leucadia, +1 212 460 1977, lulbrandt@leucadia.com
Richard Khaleel, Jefferies, +1 212 284 2556, rkhaleel@jefferies.com