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JEFFERIES TO HOST INAUGURAL TECHNOLOGY CONFERENCE OCTOBER 1-2 IN NEW YORK CITY

NEW YORK, September 27, 2007 -- Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), announced today that the Firm will host an inaugural Technology Conference on October 1 - 2, 2007 in New York City. The conference will feature a range of leading public and private companies from the technology space, including the areas of software, communications equipment, electronics manufacturing services & electronics supply chain, government & commercial IT services, and semiconductors.

"We are excited to be hosting Jefferies' first annual comprehensive technology conference, especially as the sector continues to expand going into the fourth quarter of 2007,” stated Steven R. Black, Director of Equity Research at Jefferies.“ Amid the volatile market conditions, our conference also comes at an integral time to bring the investment community and diverse management teams together.”

Alec Ellison, Head of Technology Investment Banking at Jefferies, added:
“This conference underscores Jefferies’ continued commitment to creating new opportunities for growing technology companies and their investors, and, so far in 2007, Jefferies has had tremendous success in providing comprehensive advisory support and capital raising for clients.”

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 http://www.jefferies.com.

For further information about Jefferies inaugural Technology Conference, please contact your Jefferies sales representative or Jodi Pulman (212-284-2581, jpulman@Jefferies.com).

About Jefferies

Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for 45 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: Tom Tarrant Cubitt Jacobs & Prosek: Aimee Baxter
(203) 708-5989 (212) 279-3115 ext. 225
ttarrant@jefferies.com abaxter@cjpcom.com