FOR IMMEDIATE DISTRIBUTION

JEFFERIES ANNOUNCES ADDITION TO GLOBAL EQUITY SALES TEAM

LONDON and NEW YORK, 10 June, 2010 -- In a further expansion of the firm's Global Equity Sales & Trading Business, Jefferies today announced the appointment of David Craven as a Managing Director and Equity Research Salesperson in London. Mr. Craven has more than 26 years of industry experience and joins the firm from ICAP Equities.

Andrew Shortland, Head of International Equities at Jefferies, commented, "We continue to invest in Jefferies' equity sales and trading business globally and are delighted that David has joined our firm. His significant experience, coupled with his longstanding relationships, will bring immediate value to Jefferies' institutional clients globally."

"Hiring David further underlines Jefferies' commitment to establishing a deep and lasting relationship with the UK account base," added Hamish MacLellan, Head of International Equity Sales at Jefferies.

This appointment is a further next step in the ongoing expansion of Jefferies' global sales and trading capabilities across equities and fixed income. The equities group, which is focused on the sales, sales-trading, trading and research of equity securities, consists of nearly 700 professionals in the US, Europe and Asia focused on cash equities, equity research, algorithmic trading and other electronic trading solutions, prime brokerage, securities finance, equity derivatives and equity capital markets.

Mr. Craven joins the firm from ICAP Equities, where he spent a year and was a Managing Director. He previously spent eight years at JP Morgan as an Executive Director for Equity Sales, and has held similar positions at HSBC, Greig Middleton, Gerrard Vivian Grey and BZW.

Jefferies, a major global securities and investment banking firm, has served companies and their investors for more than 48 years. Jefferies & Company, Inc. is the principal US operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com), and Jefferies International Limited is the principal UK operating subsidiary. Jefferies International Limited, a UK-incorporated company, is authorised and regulated by the UK Financial Services Authority.

For further information please contact:

Tom Tarrant, Jefferies & Company, Inc., 203 708 5989, ttarrant@jefferies.com
Desiree Maghoo, Jefferies International Limited, +44 20 7029 8085, dmaghoo@jefferies.com
Josh Passman, CJP Communications, 212 279 3115, x203, jpassman@cjpcom.com