NEW YORK, May 13, 2005 -- Jefferies Group, Inc. (NYSE: JEF) today announced that information was received late yesterday by the Company that Thomson Financial Services, through its Technimetrics and ShareWatch services, was disseminating information that Richard Handler, the Chairman and CEO of Jefferies, had disposed of 2,931,736 shares. That information is incorrect, and Thomson has been notified of its mistake. Jefferies understands that the information in the Thomson database has been corrected, but that it will not be disseminated by Thomson to its subscribers until the information is refreshed over the weekend.
Mr. Handler has never sold a share of stock since he has joined Jefferies.
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 25 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.jefferies.com).
CONTACT:
Jefferies Group, Inc.
Tom Tarrant, 203-708-5975
ttarrant@jefferies.com
www.jefferies.com
SOURCE: Jefferies Group, Inc.