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FOR IMMEDIATE RELEASE Jefferies Expands Investment Banking Effort in Media & Communications; Team of Four Professionals Joins, Mark Leavitt To Lead Group NEW YORK--(BUSINESS WIRE)--March 16, 2005--Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced that the firm has hired a team of four investment bankers to expand its focus on media and communications companies. Mark A. Leavitt joins as a Managing Director and will head Jefferies' Media & Communications Group in Investment Banking. Media & Communications has long been one of the firm's areas of focus. With inclusion of its European affiliate, Jefferies has eight research analysts and five securities traders dedicated to the area. Mr. Leavitt will assume leadership of the firm's effort in Investment Banking, which includes several other senior banking professionals. The group will concentrate on wireless, wireline, cable, telecom services, data services, satellite, and media companies. "Mark Leavitt is an exceptional professional whose outstanding experience and relationships significantly extend Jefferies' position in Media & Communications," commented Richard B. Handler, Chairman and CEO of Jefferies. "As our business continues to diversify and expand, we remain focused on hiring professionals with established relationships who are motivated by our entrepreneurial platform." "We're excited to be part of Jefferies' thriving investment banking practice and are enthusiastic about working with industry veterans like Roy Furman, who have also come to the firm and are available to advise in our efforts," said Mr. Leavitt. "Jefferies' full-service platform offers leading capabilities and products ideally suited for our client base." The four senior bankers joining Jefferies have worked together for seven years, most recently at Robertson Stephens and SG Cowen, where Mr. Leavitt was also head of the Media & Communications Group. In addition to Mr. Leavitt, these professionals include Peter A. Lombard, a Managing Director who will head Media & Communications M&A activities, and two Senior Vice Presidents, Gregory L. Dawkins and Robert E. Cockburn. Prior to Jefferies, Mr. Leavitt has spent over 20 years providing investment banking services to clients in Media & Communications. He received an MBA from the University of Chicago in 1983 and graduated from Trinity College in 1980. About Jefferies Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for over 40 years. Headquartered in New York, with more than 20 offices around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. The firm is a leading provider of trade execution in equity, high yield, convertible and international securities for institutional investors and high net worth individuals. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF; www.jefco.com). CONTACT: SOURCE: Jefferies & Company, Inc. |
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