FOR IMMEDIATE DISTRIBUTION

JEFFERIES ADDS U.S. HEAD OF REAL ESTATE INVESTMENT BANKING

NEW YORK, August 12, 2010 - Jefferies today announced the addition of John P. Ockerbloom, who joins as a Managing Director and U.S. Head of Real Estate Investment Banking.

"Providing Jefferies' full range of financing, M&A, and distribution capabilities to corporate real estate clients and real estate private equity firms represents one of our largest opportunities in investment banking," said Benjamin D. Lorello, Global Head of Investment Banking and Capital Markets at Jefferies. "We are excited to have John join our team, as he brings the experience and client relationships to lead this effort for our firm."

Mr. Ockerbloom brings to Jefferies more than 13 years of real estate investment banking experience. He joins Jefferies from Morgan Keegan where he served as Head of Real Estate and Lodging Investment Banking. Prior to this, Mr. Ockerbloom spent three years at Wachovia Securities as a Managing Director in the Real Estate Investment Banking Group, and nine years at Bank of America, most recently as a Managing Director in the Real Estate Investment Banking Group. Prior to Bank of America, Mr. Ockerbloom practiced real estate and securities law for six years at Sherburne, Powers & Needham. He received his JD from Northeastern University School of Law and his BA from Westfield State College.

Jefferies, a 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, 203 708 5989, ttarrant@jefferies.com
Desiree Maghoo, Jefferies, 44 20 7029 8085, dmaghoo@jefferies.com
Josh Passman, CJP Communications, 212 279 3115, x203, jpassman@cjpcom.com