Jefferies

Press Release

FOR IMMEDIATE RELEASE
Jefferies Named Recognized Dealer in Belgium and Primary Dealer in Slovenia

NEW YORK and LONDON, 23 March 2011 -- Jefferies announced today that the Belgian Debt Agency has appointed the firm as a Recognized Dealer for Federal Belgian Debt. Additionally, Jefferies has recently been appointed as a Primary Dealer for Slovenia government bonds.

"Jefferies is a committed provider of liquidity across the spectrum of government bonds, and we are delighted to receive these designations as we continue to globalize our rates business and add to our primary dealer designations across Europe," commented Domenico Crapanzano, Head of European Rates Sales and Trading at Jefferies.

In addition to being designated as a Primary Dealer by the Federal Reserve Bank of New York, Jefferies has been appointed an official member of the Federal Republic of Germany's bidding group, a Gilt-edged Market Maker (GEMM) jointly by the UK Debt Management Office and London Stock Exchange, a Dutch Primary Dealer by the Dutch State Treasury, an OEVT (Operadores Especializados em Valores do Tesouro) by IGCP in Portugal, and as a member of the Auction Panel for Republic of Austria Government Bonds. Jefferies also provides liquidity across the whole spectrum of other European government bonds.

Jefferies Group, Inc. (NYSE: JEF), a global securities and investment banking firm, has served companies and investors for nearly 50 years.

For further information, please contact:

Tom Tarrant, Jefferies, 203 708 5989, ttarrant@jefferies.com
Desiree Maghoo, Jefferies, 44 20 7029 8085, dmaghoo@jefferies.com