Press Release

Jefferies Adds to U.S. Rates Sales and Trading

NEW YORK and CHICAGO, June 27, 2011 – Jefferies today announced the hiring of Brian Chadwick as a Managing Director for U.S. Rates Sales. Brian will help lead the firm's sales effort with major institutional accounts in the U.S. He will be based in the firm's Chicago office.

In a joint statement, Christopher Bury and Dan Markaity, Co-Heads of Global Rates at Jefferies, commented, “We are very pleased to announce that Brian Chadwick has joined Jefferies. His experience, knowledge and strong relationships will significantly enhance our Rates capabilities across the U.S."

Jefferies' Global Rates team is comprised of a global team of professionals in the U.S., London, Paris, Milan, Singapore, Hong Kong and Tokyo with distribution as well as primary and secondary trading capabilities. The firm’s broader fixed income business has nearly 525 professionals globally focused on the sales and trading of U.S. and European government and agency securities, investment grade corporate bonds, high yield bonds, municipal bonds, repo finance, mortgage- and asset-backed securities, whole loans, leveraged loans, distressed securities and emerging markets debt.

Mr. Chadwick brings to Jefferies more than 13 years of experience and joins the firm from Goldman Sachs, where he was a Managing Director in Rates Sales. Previously, he spent nine years at Lehman Brothers, where he was Senior Vice President in Rates Sales. He received a B.A. degree from Loyola University.

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,