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Jefferies Further Expands Commodity Derivatives Marketing Team

Wed Apr 30, 2008 8:34am EDT
Kathy Brady Kriskey and Nina Long to Join Jefferies Financial
                               Products
NEW YORK--(Business Wire)--
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).

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

Copyright Business Wire 2008



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