Jefferies Further Expands Commodity Derivatives Marketing Team

Jefferies Financial Products, LLC, a subsidiary of Jefferies Group, Inc. (NYSE: JEF), announced today a significant expansion of its commodities marketing and structuring team with the addition of two senior commodities professionals. Kathy Kriskey and Nina Long join as Senior Vice President and Vice President, respectively. Mses. Kriskey and Long join an experienced commodities team, established in 2003 and globally recognized for providing innovative commodities products to institutional clients, including the Jefferies Commodities Performance Index in 2003 and the Reuters Jefferies CRB Index in 2005. This announcement comes on the heels of the addition of Thomas H. Dering as a Senior Vice President at Jefferies Financial Products, as well as James P. Crimmins as a Managing Director in the Commodity Programs Division of fellow subsidiary Jefferies Asset Management, LLC. Co-President of Jefferies Financial Products, Bradford L. Klein commented: "We are delighted to have Kathy and Nina join our team. We expect that the two of them will meaningfully enhance Jefferies' commodities capabilities and aid the Firm in providing innovative structured products to our institutional clients." Ms. Kriskey has twelve years of experience in financial services, most recently an Executive Director at UBS in charge of that firm's U.S. commodity investor effort. Prior to UBS, Ms. Kriskey was a senior marketer focused on energy derivatives at JP Morgan. Previously, she worked at Bankers Trust, where she started that firm's London-based commodities marketing effort. She began her career at Oppenheimer & Co. and has a BS from The Wharton School of the University of Pennsylvania. Ms. Long was most recently a commodity index trader on the commodity investment products team at UBS, focused on structuring and sales. Prior to UBS, she was a planning analyst at Global Advertising Strategies in New York. She has a BS in Physics from Belarus State University in Minsk City, and holds a Certificate in Finance from the Computational Finance Program at the Tepper School of Business at Carnegie Mellon University. About Jefferies Financial Products, LLC Jefferies Financial Products, LLC (JFP) offers swaps, options and other derivatives linked to major publicly available commodity indexes and is a significant provider of liquidity in exchange-traded commodity index contracts. JFP's team of experienced professionals provide innovative financial products and commodity index expertise to pension funds, mutual funds, sovereigns, foundations, endowments and other institutional investors seeking exposure to commodities as an asset class. JFP offers proprietary commodity indexes, and worked with Reuters to modify the CRB Index, now renamed the Reuters Jefferies CRB Index, one of the world's most widely-followed commodity benchmarks. JFP is a wholly owned subsidiary of Jefferies Group, Inc. (NYSE: JEF). About Jefferies Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for 45 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).