Press Release

Jefferies Expands in Global Equities Electronic Client Trading
Allan Heye Joins in Portfolio Sales Trading

NEW YORK and LONDON, April 27, 2011 – In the continued development of the firm’s Equities Division, Jefferies today announced the appointment of Allan Heye as a Managing Director in Portfolio Sales Trading. He is based in the firm’s London office.

“Allan’s considerable experience in institutional electronic trading, along with his superior client relationships and product expertise, make him a valuable addition to our group,” said John Bajus, Head of International Electronic Trading Services in the Equity Division at Jefferies.

“The addition of Allan Heye is consistent with our commitment to becoming a global leader in electronic trading solutions, as we continue to expand and globalise our client offering and leverage our international distribution platform,” added Dan Charney, Global Head of Electronic Trading Services at Jefferies.

Jefferies’ global equities group consists of more than 700 sales, trading and research professionals globally, including nearly 150 in London. The firm offers sales and trading services in a full range of equity products, including cash equities, electronic trading, equity derivatives, exchange traded funds, convertibles, prime brokerage and securities finance.

Mr. Heye joins Jefferies after 14 years with Credit Suisse, where he was a Director in Portfolio Trading Sales. Previously, he was Co-Head of Matif Trading at BZW Paris and Head of German-Listed Derivatives Trading at BZW Frankfurt. He received a BA in Economics from the University of North Carolina.

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,