Jefferies

Press Release

FOR IMMEDIATE RELEASE
Jefferies Adds to Fixed Income Sales and Trading

Sean George and Richard Roche Join in Investment Grade Corporate Bond Trading


NEW YORK, June 1, 2011 – Jefferies today announced the appointment of Sean George and Richard Roche as Managing Directors and senior traders in the firm’s Investment Grade Corporate Bond business. They are both based in New York.

“The addition of Sean and Rich enhances the size and scope of Jefferies' capabilities in investment grade bonds for our institutional clients,” said Tom Thees, Head of Investment Grade Corporate Bonds at Jefferies. “They are proven professionals and their hiring furthers our efforts to leverage Jefferies’ full-service offering and brings additional service to existing and new institutional clients.”

Jefferies' fixed income business has nearly 525 professionals globally who are focused on the sales and trading of investment grade corporate bonds, high yield bonds, U.S. and European government and agency securities, municipal bonds, repo finance, mortgage- and asset-backed securities, whole loans, leveraged loans, distressed securities and emerging markets debt.

Mr. George joins Jefferies from Deutsche Bank, where he spent two years and was a Managing Director and Head of Investment Grade Credit Default Swap and Credit Electronic Trading. Previously, he was Global Co-Head of Credit Default Swap trading at Bank of America. He received a Bachelor’s degree from the University of Gothenburg, Sweden.

Mr. Roche joins Jefferies from Morgan Stanley, where he spent nine years and was most recently a Managing Director and Co-Head of Investment Grade Corporate Bond Trading. He received a BS from Syracuse 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, ttarrant@jefferies.com
Desiree Maghoo, Jefferies, 44 20 7029 8085, dmaghoo@jefferies.com