Jefferies

Press Release

FOR IMMEDIATE RELEASE
Jefferies Declares Quarterly Dividend

NEW YORK, June 19, 2012 -- Jefferies Group, Inc. (NYSE: JEF) announced today that, on June 18, 2012, its Board of Directors declared a quarterly dividend of $0.075 per share of common stock, payable on August 15, 2012 to stockholders of record on July 16, 2012.

Jefferies Group, Inc. (NYSE: JEF), the global investment banking firm focused on serving clients for 50 years, is a leader in providing insight, expertise and execution to investors, companies and governments. The firm provides a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income, foreign exchange, futures and commodities, and also select asset and wealth management strategies, in the Americas, Europe and Asia.

For further information, please contact:

Peregrine C. Broadbent
Chief Financial Officer
Jefferies Group LLC
(212) 284-2338