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FOR IMMEDIATE RELEASE Jefferies Adds Senior Energy Banker; William E. Pritchard III Enhances Firm's Strength in Middle Market NEW YORK, May 20, 2002 (BUSINESS WIRE) -- Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced that William E. Pritchard III has joined as a Managing Director in the firm's energy investment banking group. Mr. Pritchard will be based in Jefferies' Houston office and reports to Daniel O. Conwill IV, co-Director of Corporate Finance and head of the firm's energy practice. "Bill Pritchard is an exceptional professional whose outstanding experience and quality relationships nicely complement Jefferies' leadership position in investment banking for middle-market energy companies," commented Richard B. Handler, Chairman and Chief Executive Officer of Jefferies. "His diverse background, which includes heading an energy merchant bank and running a large oil and gas producing partnership, will enhance Jefferies' strength in energy investment banking," added John C. Shaw, Jr., President of Jefferies. "I'm excited to be a part of Jefferies' entrepreneurial platform focused on the middle market," said Mr. Pritchard. "The firm's strength in the underwriting and trading of high yield bonds, equities and convertible securities offers a distinct advantage in meeting the capital needs of small and mid-size companies in the energy sector." Before joining Jefferies, Mr. Pritchard was Managing Partner of Merchant Resources #1 L.P., an energy merchant banking partnership between Randall & Dewey, Inc. and GE Capital Structured Finance Group. In that capacity, he managed oil and gas producing assets located primarily in the Mid-Continent and the San Juan Basin. Previously, Mr. Pritchard was Director of Business Development for Spirit Energy 76, Unocal Corporation's domestic business unit. Prior to Unocal, he was a Partner in the law firm of Adams and Reese, where he chaired the firm's energy section. Mr. Pritchard is a former Chairman of the Oil, Gas and Mineral Law Section of the Alabama State Bar. He is also a Certified Petroleum Geologist, having started his career with Marathon Oil Company. Mr. Pritchard graduated with a bachelor's degree in Geology from Washington & Lee University and holds a Juris Doctor degree, cum laude, from South Texas College of Law, where he served on the South Texas Law Review. About Jefferies: Jefferies Group, Inc. is a holding company whose affiliated companies, including its principal operating subsidiary, Jefferies & Company, Inc., offer a variety of services for institutional investors and small- to mid-cap companies. Subsidiaries of Jefferies Group, Inc., together, comprise an institutional brokerage firm focused on trading in equity, high yield, convertible and international securities, as well as fundamental research for institutional investors. As an investment bank, Jefferies also offers capital raising, financial advisory, mergers and acquisitions, and restructuring services to middle market companies. Jefferies & Company, Inc. is an industry leader in equity trading services for institutional investors, as recognized by numerous consulting and survey organizations. Jefferies employs over 1,200 people in 20 offices worldwide, including Atlanta, Boston, Chicago, Dallas, Hong Kong, London, Los Angeles, New York, Paris, San Francisco, Tokyo and Zurich. Further information can be found at www.jefco.com. CONTACT: |
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