Jefferies Enhances Leadership of Global Investment Banking Practice

Alec Ellison Joins Chris Kanoff and David Weaver as Co-Head
NEW YORK & LONDON--(Business Wire)--
The Jefferies investment bank today announced the appointment of
Alec Ellison as Co-Head of Investment Banking. Mr. Ellison, Chairman
of the Firm's technology, media and telecommunications investment
banking effort, will partner with existing co-heads Chris Kanoff and
David Weaver to drive the continued growth of the Jefferies'
investment banking platform. Mr. Ellison will join Mr. Kanoff in
leading the activities of the US investment banking practice. Mr.
Weaver, who is also President of Jefferies International Limited, is
focused on the Firm's European and Asian businesses. Mr. Ellison,
based in New York, joined Jefferies in 2003 as part of the Firm's
acquisition of Broadview International, which he joined in 1988 and
was appointed President of in 2001.

"Alec has a tremendous track record of success as an investment
banker and as a leader at our Firm. His experience and perspective
will benefit our entire organization as he partners with Chris and
David," commented Richard Handler, Chairman and CEO of Jefferies.

"This enhanced leadership team will be an extremely dynamic and
powerful combination as we continue strengthening our platform," added
Brian Friedman, Chairman of the Executive Committee at Jefferies.

"I am excited to partner with Chris and David in driving the
continued growth of our investment bank and our Firm, and taking on a
more active role in the continued development of all of our industry
and product verticals," commented Mr. Ellison.

With nearly 450 investment banking professionals worldwide, the
Jefferies investment bank provides advisory and underwriting services
through creative and idea-driven M&A, leveraged finance, equity &
equity-linked financing and recapitalization & restructuring
solutions. Jefferies serves clients across the primary industry
sectors of consumer, energy, financial services, healthcare,
industrial, and technology, media & telecommunications, with a
dedicated private equity coverage group.

About Jefferies

Jefferies, a global investment bank and institutional securities
firm, has served growing and mid-sized companies and their investors
for over 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).

Jefferies & Company, Inc.
Tom Tarrant, 203-708-5989
ttarrant@jefferies.com
or
Cubitt Jacobs & Prosek
Josh Passman, 212-279-3115, x203
jpassman@cjpcom.com

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