Press Release

Jefferies Adds to Global Healthcare Investment Banking

NEW YORK - July 21, 2011 – Jefferies today announced the appointment of Dung Nguyen as a Managing Director in Healthcare Investment Banking. He will be based in the firm’s New York office.

“Our Global Healthcare Investment Banking Group is one of the largest and most respected healthcare franchises in the world,” commented Benjamin D. Lorello, Global Head of Investment Banking and Capital Markets at Jefferies.  “The addition of Dung Nguyen reflects our ongoing commitment to expand our global healthcare investment banking footprint and in particular to deepen our presence in the pharmaceutical and specialty pharmaceutical sectors.”

“We are very pleased to welcome Dung to Jefferies,” added Sage Kelly, Global Head of Healthcare Investment Banking at Jefferies.  “He will broaden our coverage across the pharmaceutical sector and his relationships are highly complementary to our existing client base.”

Mr. Nguyen brings to Jefferies more than 15 years of healthcare investment banking experience, focused principally on the pharmaceutical sector.  He joins the firm from Citadel Securities, where he was a Managing Director in healthcare investment banking, and prior to that was a Managing Director at Citigroup, where he spent approximately five years in the Healthcare Investment Banking Group.  Previously, he worked in healthcare investment banking at Lazard Freres and Salomon Smith Barney.  He received his BS from the University of Chicago.

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,