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JEFFERIES ADDS SENIOR CONSUMER ANALYST TO EQUITY RESEARCH

Andrew M. Barish Joins in San Francisco to Cover Restaurants

NEW YORK, June 21 2010 -- Jefferies announced today the addition of Andrew M. Barish as a Managing Director and Senior Equity Research Analyst covering Restaurant companies. Mr. Barish has over twenty years of industry experience, including more than fifteen years covering the Restaurant industry, and will be based in the firm's San Francisco office.

"We are pleased to welcome Mr. Barish to Jefferies," commented Steven R. Black, Head of Equity Research at Jefferies. "He is a well-regarded industry professional, and his expertise, relationships and sector knowledge will make an immediate contribution to our ability to serve our institutional clients globally. At Jefferies, we are committed to being one of the leaders in the Global Consumer sector, and to bringing intelligent, best-in-class, independent research to our clients."

With the addition of Mr. Barish, Jeffrey D. Farmer, CFA will transition to cover Food & Beverages as Jefferies expands coverage of the dynamic Consumer sector. Mr. Farmer joined Jefferies in 2008 as a Managing Director and Senior Equity Research Analyst covering Restaurant companies and is a top-ranked analyst, garnering multiple analyst awards from Institutional Investor, The Wall Street Journal and FT/StarMine.

Jefferies' Global Consumer Equity Research Group is comprised of 15 analysts covering Broadline & Hardline Retail, Consumer Products, Food & Beverages, Food & Drug Retailing, Packaged Foods, Gaming, Lodging & Leisure, Restaurants and Specialty Retail.

Jefferies' research analysts consistently rank among the top industry professionals and recently captured four awards in The Wall Street Journal "Best on the Street" 2010 Analyst Survey for US equity research, 12 awards in the Financial Times / StarMine annual awards survey for US and European equity research analysts and 11 awards in the Forbes.com/Zacks Investment Research Best Brokerage Analysts Survey. Jefferies and its affiliates have more than 180 equity and leveraged finance research professionals in the US and Europe covering over 1,300 companies in the areas of aerospace & defense, clean technology, consumer, energy, financial services, gaming, leisure & lodging, healthcare, industrials, maritime, media & entertainment, technology, telecommunications and utilities.

Mr. Barish joins Jefferies from Cowen and Company, where he was a Managing Director for Consumer Investment Banking. Previously, he was a Managing Director and Senior Restaurant Industry Research Analyst at Banc of America, where he spent seven years and was consistently a top-ranked Institutional Investor analyst. Before that, he spent six years as a Senior Restaurant Industry Analyst at Robertson, Stephens and worked in equity research at Kidder, Peabody & Company. He received a BS from the University of Southern California.

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 operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: jefferies.com).

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