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The material on this website has been prepared by Jefferies & Company, Inc. ("Jefferies") a U.S.-registered broker-dealer. This material is provided for informational purposes only and is not an offer or solicitation of any investments or investment services. Not all investments or investment services described are available in all US states.

For UK Readers
This material has been approved in the United Kingdom by Jefferies International Limited, which is authorised and regulated by the Financial Services Authority ("FSA"). The information upon which this material is based was obtained from sources believed to be reliable, but has not been independently verified, therefore, except for any obligations under the rules of the FSA, we do not guarantee its accuracy. This material is intended for use only by professional or institutional investors falling within articles 19 or 49 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 and not the general investing public. None of the investments or investment services mentioned or described herein are available to other persons in the U.K. and in particular are not available to "private customers" as defined by the rules of the FSA.

For Canadian Readers
Material in this website is intended for use by professional or institutional investors only and not the general investing public. None of the investments or investment services mentioned or described herein are available to anyone in Canada who is not a "Designated Institution" as defined by the Securities Act (Ontario).