Press Release

Jefferies Adds to Global Real Estate Investment Banking Group

NEW YORK, June 8, 2011 – Jefferies today announced the appointment of Richard Ford as a Managing Director in the Real Estate Investment Banking Group. He will be based in the firm’s San Francisco office.

“The addition of Rich Ford to our Real Estate Investment Banking Group is part of a significant expansion of our real estate investment banking and capital markets presence across the United States and Europe,” commented Benjamin Lorello, Global Head of Investment Banking and Capital Markets at Jefferies. “This expansion includes in the last 12 months the addition of six managing directors, one senior vice president and the expansion by our firm into the commercial real estate debt origination business through the establishment of Jefferies LoanCore LLC.”

"We are very pleased to welcome Rich to our real estate investment banking team. Jefferies will benefit immensely from Rich’s strong relationships with both public and private real estate clients across the Western United States,” added John Ockerbloom, U.S. Head of Real Estate Investment Banking at Jefferies.

Mr. Ford brings to Jefferies more than 15 years of real estate investment banking experience, and joins the firm from Bank of America Merrill Lynch, where he spent 10 years, most recently as a Managing Director in that firm's Real Estate Investment Banking Group. Previously, he worked in the real estate investment banking groups at Lehman Brothers and Royal Bank of Canada. Mr. Ford received his MBA from the University of Chicago, his MSc from the London School of Economics and his BSc from the University of Victoria in British Columbia, Canada.

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,
Richard Khaleel, Jefferies, +1 212 284 2556,