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Highlights for the second quarter ended June 30, 2008:
“In the face of a market environment that continues to be challenging, Jefferies achieved significantly improved financial results in the second quarter,” commented Richard B. Handler, Chairman and Chief Executive Officer of Jefferies. “Our firm remains in a strong financial and market position with excess liquidity, a solid business base, and a platform positioned to perform as conditions improve. We thank our clients, employees and shareholders for their continued support,” he added.
Conference Call
A conference call with management discussion of financial results for the second quarter will be held on July 22, 2008 at 9:00 AM Eastern and can be accessed at (706) 634-9290. A one-week replay of the call will be available two hours post-call at (402) 977-9140 (code: 21388113). A live audio webcast and delayed replay will also be available under “Investor Relations” at www.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).
For further information, please contact:
Peregrine C. Broadbent
Chief Financial Officer
(212) 284-2338
Full press release (with all tables) in PDF format
