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FOR IMMEDIATE RELEASE

Jefferies to Host Clean Tech & Alternative Energy Conference; Industry Outlook and Trends to be Explored on May 16th in New York City

NEW YORK--(BUSINESS WIRE)--Jan. 26, 2006--Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced that it will host its inaugural Clean Tech & Alternative Energy Conference on May 16, 2006 in New York City.

The conference will highlight many of the leading companies who are addressing today's critical energy supply and security issues with a range of technologies, including solar power, fuel cells, ultracapacitors, advanced batteries, microturbines, and hydrogen generation.

Conference participants currently include: Beacon Power Corp., Capstone Turbine Corp., China BAK Battery, DayStar Technologies Inc., Distributed Energy Systems Corp., Energy Conversion Devices, Inc., Evergreen Solar Inc., FuelCell Energy Inc., Hydrogenics Corp., FuelTech NV, ITM Power, Maxwell Technologies Inc., Quantum Fuel Systems Technologies Worldwide Inc., Solar Integrated Technologies, Sunpower Corporation, and Xantrex Technology Inc.

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 www.jefferies.com.

For further information about the 2006 Jefferies Clean Tech & Alternative Energy Conference, please contact your institutional sales representative or Jessica Grad (212-284-3418, jgrad@Jefferies.com).

About Jefferies

Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for over 40 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).

CONTACT:
Jefferies & Company, Inc.
Tom Tarrant, 203-708-5989
ttarrant@Jefferies.com

SOURCE: Jefferies & Company, Inc.

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