FOR IMMEDIATE DISTRIBUTION

JEFFERIES TO HOST 2ND ANNUAL TECHNOLOGY CONFERENCE SEPTEMBER 10-11 IN NEW YORK CITY

NEW YORK—September 3, 2008 -- Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), will host its 2nd Annual Technology Conference on September 10-11, 2008 in New York City. The conference will feature a wide range of leading public and private companies from the technology space, including the areas of software, communications equipment, government & commercial IT services and semiconductors. The conference will be organized by sector focus and will include public and private presentations and investor meetings.

"After such a successful first year, we’re excited to be hosting the Technology Conference once again,” stated Steven R. Black, Director of Equity Research at Jefferies. “As market conditions remain uncertain, our conference comes at an opportune time for the investment community to gather and discuss trends and developments that will affect the technology industry into 2009 and beyond.”

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 the Jefferies 2nd Annual Technology Conference, please contact your Jefferies sales representative or Lindsay Kronengold (212.707.6391, lkronengold@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)

MEDIA CONTACTS:
Jefferies: Tom Tarrant
203.708.5989
ttarrant@Jefferies.com

CJP Communications: Aimee Baxter
212.279.3115 ext. 225
abaxter@cjpcom.com