FOR IMMEDIATE DISTRIBUTION

JEFFERIES NAMED TO REPUBLIC OF AUSTRIA PRIMARY DEALER PANEL

LONDON and NEW YORK, 21 June 2010 - Jefferies announced today that the Austrian Federal Financing Agency has appointed the firm as a member of the Auction Panel for Republic of Austria Government Bonds (RAGB), effective 8 June 2010. With this designation, Jefferies participated in the Republic of Austria bond offering on 8 June.

"Jefferies is a committed provider of liquidity across the spectrum of government bonds and we are delighted to be appointed as a member of the Republic of Austria Primary Dealer Panel as we continue to globalise our rates business and add to our primary dealer designations across Europe and the US," commented Tim Cronin, Global Head of Fixed Income at Jefferies.

In addition to being designated a Primary Dealer by the Federal Reserve Bank of New York in June 2009, Jefferies was appointed as an official member of the Federal Republic of Germany's bidding group in October 2009. The firm was appointed as a Gilt-edged Market Maker (GEMM) jointly by the UK Debt Management Office and London Stock Exchange and as a Dutch Primary Dealer by the Dutch State Treasury, both in December 2009. Additionally, in February 2010 Jefferies was appointed as an EBT (Especialistas em Bilhetes do Tesouro) for Treasury Bills and as an OMP (Operadores de Mercado Primário) for long-term bonds by the Portuguese Treasury and Government Debt Agency (Instituto de Gestão da Tesouraria e do Crédito Público, IGCP). Jefferies is also providing liquidity across the whole spectrum of other European government bonds.

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 Ltd, 44 20 7029 8085, dmaghoo@jefferies.com
Josh Passman, CJP Communications, 212 279 3115, x203, jpassman@cjpcom.com