Jefferies provides creative M&A, leveraged finance, equity financing
and restructuring solutions across a range of industries.



A Top M&A Defense Advisor

Financial Advisor No. of
Deals
Jefferies 13
Houlihan Lokey Howard & Zukin 2
Lehman Brothers 2
PricewaterhouseCoopers 2
JP Morgan 2
Deutsche Bank AG 1
ABN AMRO 1
Thomas Weisel Partners LLC 1
Merrill Lynch & Co Inc 1
Morgan Stanley 1
Source: Thomson Financial. Defense transactions based in North America or Western Europe, all values. Deals Announced 1/1/2005 - 12/31/2005. Excludes: tender offers, exchange offers, self-tenders, repurchases, remaining interests, privatizations. Includes transactions where the value was undisclosed.

A Top Energy M&A Advisor

Financial Advisor No. of
Deals
Lehman Brothers 18
Jefferies 10
Credit Suisse 10
Morgan Stanley 7
Merrill Lynch & Co Inc 7
Petrie Parkman & Co Inc 6
Citigroup 5
Goldman Sachs & Co 5
JP Morgan 5
Wachovia Corp 3
Source: Thomson Financial. Energy transactions based in the U.S. Deals Announced 1/1/2005 - 12/31/2005, all values. Excludes: Tender Offers, Exchange Offers, Self-tenders, Repurchases, Remaining Interests, Privatizations.

A Top Technology M&A Advisor

Financial Advisor No. of
Deals
Jefferies 51
KPMG Corporate Finance 45
Daniels & Associates Inc 37
Houlihan Lokey Howard & Zukin 36
Goldman Sachs & Co 36
UBS 34
Citigroup 34
Morgan Stanley 32
JP Morgan 32
Credit Suisse First Boston 31
Source: Thomson Financial. Technology transactions based in North America or Western Europe, $0-500 million OR based in the US, $0-1000 million. Deals Announced 1/1/2005 - 12/31/2005. Excludes: Tender Offers, Exchange Offers, Self-tenders, Repurchases, Remaining Interests, Privatizations.

Aerospace & Defense
Jefferies' Aerospace & Defense Group, Jefferies Quarterdeck, is focused exclusively on the global aerospace, defense, federal IT and homeland security sectors. We combine deep industry knowledge and M&A expertise with outstanding debt and equity financing, and restructuring capabilities. Our clients include top government contractors, aerospace and defense companies, leading homeland security companies, early stage security companies with promising technologies and private investment firms with related portfolio companies.

CleanTech
With professionals based in New York and London, Jefferies' CleanTech Group offers a full suite of advisory, public and private capital raising services to public and private companies across the evolving clean technology sector. Our professionals collectively have more than 60 years of investment banking experience, and serve a diverse base of clients including solar, advanced battery, fuel cell, power management and storage, energy demand management, renewable resources and biofuel companies.

Energy
Jefferies' Energy group, Jefferies Randall & Dewey, is a leading advisor dedicated to the global oil and gas energy. We offer clients solutions for asset divestitures, corporate mergers and acquisitions, financing and consulting. The company serves an international client base that includes multinationals and major integrated companies, national oil companies and public and private independents. This group pioneered the oil and gas asset transaction-advisory business in 1989 by combining sophisticated transaction knowledge with hands-on E&P expertise.

Financial & Business Services
Jefferies specializes in a range of sectors including specialty finance, brokerage and trading, financial technology and outsourced business services. We have over 50 years of collective experience and unprecedented capital markets execution skills to raise various forms of private or public capital for companies in these sectors. Our diverse client base covers a broad spectrum of companies, including those in sectors such as residential and commercial mortgages, commercial finance, business development companies, collections, data services, staffing and human resource management transaction processing, and general business-to-business services.

Technology
Jefferies' Technology Group, Jefferies Broadview, is one of the largest banking teams dedicated to IT, communications, healthcare technology and digital media businesses. With more than 90 bankers operating in the U.S., Europe and Asia, we provide a full range of investment banking services including debt and equity underwriting, private placements, M&A and restructuring advisory. We offer creative, idea-driven solutions that leverage our deep industry expertise and long-standing relationships to assist growing and mid-sized companies achieve their business objectives. The group addresses six major technology segments: communications technology, semiconductors and electronics manufacturing, enterprise software, digital media, and IT technology services.

Gaming & Leisure
Jefferies combines a deep knowledge and extensive experience in the gaming industry to offer full-service investment banking services. With over 50 years of combined experience, our team of dedicated, senior-level professionals has the capital markets and financial advisory expertise, distribution capabilities and creative approach to help our clients maximize their opportunities in the gaming arena. Our diverse client base includes traditional and Native American casino operators, pari-mutuel companies, and gaming equipment/software companies.

Healthcare
Jefferies provides a full suite of advisory and capital markets capabilities to clients across all sectors of healthcare, including biotechnology & pharmaceuticals, healthcare services and medical devices. Our senior professionals average more than 20 years of healthcare banking experience and have an in-depth understanding of the ever-changing reimbursement, regulatory, and technological environments characteristic of the industry. Our diverse client base spans a wide variety of sectors including biotechnology, clinical research organizations, diagnostic services, healthcare information technology, hospitals, medical devices, outpatient providers, senior care, and specialty pharmaceuticals.

Industrials
Jefferies provides capital markets expertise, advisory skills, industry knowledge and outstanding relationships to industrial companies. Our senior bankers have an average of over 15 years of experience assisting clients in achieving their full potential across a number of sectors, including autos and transportation, building products, capital goods, chemicals, diversified industrials, electrical equipment, environmental services, flow control, machinery, metals, paper and forest products, packaging, power and industrial technology, and security.

Media & Communications
Jefferies' Media and Communications Group is one of the most experienced dedicated to these industries, offering a full suite of investment banking capabilities. The group covers a broad spectrum of media companies, including advertising and marketing services, broadcasting, cable and satellite, communications services, education, entertainment, Internet advertising and content, outdoor advertising, publishing and telecommunications. Our senior professionals average over 20 years of industry experience, with extensive industry-wide relationships and an in-depth understanding of the rapidly changing competitive, technological and regulatory environment.

Private Equity Coverage
Jefferies seeks to match members of the private equity community with valuable investment opportunities in established areas of interest and to maximize those opportunities in the marketplace. We align the firm's relationships and resources, both in terms of origination and distribution, with a variety of private equity sources, including traditional financial sponsors and leveraged buyout firms, hedge funds, SPACs, alternative investment funds and financial entrepreneurs. We maintain relationships with many of the mid-sized private equity funds in the US, as well as the growing number of hedge funds active in private equity.

Retail & Consumer
Jefferies' Retail & Consumer Group provides a full suite of capital markets products and innovative financial advisory solutions to businesses that target consumers, including restaurants, retailers, apparel and consumer product companies. We bring to bear a deep knowledge base and extensive experience from working with clients on myriad transaction types. Our experienced professionals are known for creative thinking, and are adept at structuring complex, award-winning, landmark transactions.

Transportation, Oil Service & Infrastructure
Jefferies has a leading investment banking team dedicated to energy, transportation, logistics and offshore industries. The group provides a full range of banking services in these dynamic, global industries and offers an extensive range of maritime services including ship and commodity brokerage and consulting. With the growth of our clients, the team has further expanded its focus to serve the transportation infrastructure industry with experience in the U.S., Europe, Asia, Africa and the Middle East.