FOR IMMEDIATE RELEASE

Jefferies to Host Wireless Broadband Conference March 1st in New York City; Exploring New Trends Across Multiple Market Segments

NEW YORK--(BUSINESS WIRE)--Feb. 3, 2006--Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced that it will host its Wireless Broadband Conference on March 1st in New York City.

"The pervasiveness of wireless broadband as a computing and communications platform is impacting the world of technology and the broader economy even more powerfully than did the emergence of the Internet in the late 1990's," commented Alec Ellison, President of Jefferies Broadview, the Technology Investment Banking Group at Jefferies. "In effect, the Internet is rapidly becoming untethered."

At this thematic conference, senior industry executives from both public and private companies and investors will gather to discuss how companies in multiple market segments, including semiconductors, software, digital media and communications equipment, are both enabling and capitalizing upon the rapid emergence of wireless broadband.

Conference participants currently include: Aeroflex Incorporated, Airvana, Inc., Akamai Technologies, Inc., Allscripts Healthcare Solutions, Inc., Alvarion Ltd., Andrew Corporation, Atheros Communications, Inc., BEA Systems, Inc., Carrier Access Corporation, Cerner Corporation, Eclipsys Corporation, Emageon Inc., Ericsson, Fujitsu Network Communications, Helio, Inc. (formerly SK Telecom/Earthlink), Ikanos Communications, Inc., Lucent Technologies Inc., Marvell Technology Group Ltd., Motorola Inc., Neustar, Inc., Openwave Systems Inc., Option NV, QUALCOMM Incorporated, Quality Systems, Inc., SiGe Semiconductor, SiRF Technology, Inc., Starent Networks, STMicroelectronics NV, Syniverse Holdings Inc., Tekelec, Texas Instruments Incorporated, Trapeze Networks, UTStarcom Incorporated, and Wayport, Inc.

An audio webcast of each presentation, both live and replay, will be available at the discretion of the presenting companies, and will be accessible at www.jefferies.com.

For further information about the 2006 Jefferies Wireless Broadband Conference, please contact your institutional sales representative or Jessica Grad (212-284-3418, jgrad@Jefferies.com).

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 & Company, Inc.
Tom Tarrant, 203-708-5989
ttarrant@Jefferies.com

SOURCE: Jefferies & Company, Inc.