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JEFFERIES TO HOST 3RD ANNUAL INTERNET CONFERENCE FEBRUARY 28TH IN NEW YORK CITY

NEW YORK, February 6, 2007 --Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced that the Firm will host its 3rd Annual Internet Conference on February 28, 2007 in New York City. Senior industry executives from both public and private companies, as well as investors, will gather to discuss the latest developments and the future of this critical and evolving medium.

"The past year turned out to be much stronger than anticipated for the Internet sector, and 2007 looks very promising as well," commented Youssef H. Squali, Managing Director and Senior Equity Research Analyst covering the Internet and Digital Media at Jefferies. "The underlying fundamentals remain intact, driven by higher penetration of broadband access, more compelling content, innovative marketing solutions, and a growing need by advertisers to shift money into higher ROI channels. In 2007 we will also likely see a number of new initiatives hit primetime, including local search, VoIP and wireless data," he added.

Conference participants currently include:
1-800-FLOWERS.com, Inc. (FLWS)
aQuantive, Inc. (AQNT)
Audible, Inc. (ADBL)
Bankrate, Inc. (RATE)
Break.com
Cafepress.com
Coremetrics, Inc.
Dice Inc.
EarthLink, Inc. (ELNK)
Global Market Insite, Inc.
HouseValues, Inc. (SOLD)
InnerWorkings, Inc. (INWK)
InPhonic, Inc. (INPC)
j2 Global Communications, Inc. (JCOM)
Live Universe, Inc.
Mimeo, Inc.
Omniture, Inc. (OMTR)
Pixsy, Inc.
Reply! Inc.
Shutterfly, Inc. (SFLY)
Spot Runner, Inc.
Stamps.com, Inc. (STMP)
TACODA, Inc.
The Knot Inc. (KNOT)
United Online, Inc. (UNTD)
VA Software Corporation (LNUX)
ValueClick, Inc. (VCLK)
Vertrue Incorporated (VTRU)
VistaPrint, Ltd. (VPRT)
Webloyalty.com
WebSideStory, Inc. (WSSI)
Website Pros, Inc. (WSPI)
WebTrends, Inc.
Zillow, Inc.

An audio webcast of each presentation, both live and replay, will be available at the discretion of the presenting companies, and can be accessed at www.jefferies.com.

For further information about Jefferies 3rd Annual Internet Conference, please contact your institutional sales representative or Jodi Pulman (212-284-2581; jpulman@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: Tom Tarrant
(203) 708-5989
ttarrant@Jefferies.com

Cubitt Jacobs & Prosek:
Lauren Carmody
(203) 378-1152 / Ext.106
Lauren@cjpcom.com