Prospective Candidates:

Jefferies is a global investment bank and institutional securities firm focused on serving growing and mid-sized companies and their investors. Founded in 1962, Jefferies is one of the most rapidly growing financial services firms in the world. We are headquartered in New York City and have over 25 offices around the world. Jefferies provides our clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. We are a leading provider of trade execution in equity, high yield, convertible, investment grade and international securities, serving institutional investors and high net worth individuals.

Over the past five years, during a period of major retrenchment for many of our competitors, Jefferies has doubled in size to nearly 2,000 employees with revenues of $1.2 billion. With five consecutive years of record earnings, Jefferies is poised to continue our growth as we pursue our goal of being the leading full-service Wall Street firm focused on growing and mid-sized companies and their investors.

Named "The Best Place to Work on Wall Street" by Institutional Investor in 2004, Jefferies offers employees an exceptional combination of growth, challenge, collegiality and entrepreneurship. In an industry that has become increasingly institutionalized, Jefferies remains a firm built on teamwork and the collective efforts of our employees. An individual can make a difference at Jefferies, and all our personnel decisions are based on merit. We have enjoyed a very high retention rate among our team and offer continuous opportunities for advancement.

In addition, Jefferies' senior professionals have tremendous experience on Wall Street. We provide creative, idea-driven solutions that leverage our long-standing relationships and are backed by keen market insights. We have grown our firm by focusing all our intellectual capital, information resources and financial skills on a single goal – to make the capital markets work for our clients.

If you find our firm and the opportunity we offer exciting, we look forward to meeting you.

Sincerely,

Richard B. Handler Chairman and CEO

Brian P. Friedman Chairman, Executive Committee