Jefferies to Donate $3 Million to Tsunami Relief Efforts

    Philanthropy Writers/Business Editors

    NEW YORK--(BUSINESS WIRE)--Jan. 13, 2005--Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced that the firm will donate $3 million to relief efforts for the Asian tsunami. This contribution combines the firm's net trading revenues and commissions from Monday, January 10, and voluntary employee donations.
    Donations will be made to a number of organizations endorsed by former Presidents Bush and Clinton through USA Freedom Corps, as determined by the firm's executive committee and employees. Jefferies conducted a similar effort one month after September 11, 2001, to benefit victims of the terrorist attacks.
    "We are pleased to have raised $3 million for the courageous relief efforts in Asia to benefit those affected by this tragic event," commented Richard B. Handler, Chairman and Chief Executive Officer of Jefferies. "We greatly appreciate the participation of our clients, as well as the help of those employee-partners, outside floor brokers and other vendors, who contributed their compensation to this worthy cause."
    "With the help of our clients, this is our way of using the Jefferies platform to aid those affected by this tragedy," added John C. Shaw, Jr., President of Jefferies.

    About Jefferies

    Jefferies, a global investment bank and institutional securities firm, has served mid-sized and growing companies and their investors for over 40 years. Headquartered in New York, with more than 20 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.jefco.com).

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CONTACT: Jefferies & Company, Inc. Tom Tarrant, 203-708-5989 ttarrant@jefco.com

KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING SOURCE: Jefferies Group, Inc.

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