Sage Kelly To Head Healthcare Investment Banking Sector Team

Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), announced today that the firm is significantly expanding its global healthcare investment banking effort with over 35 experienced professionals, including 16 managing directors and senior vice presidents across the U.S., Europe and Asia, joining Jefferies this Summer. Jefferies also announced that as part of this expansion, Sage N. Kelly has joined the firm as Head of Healthcare Investment Banking.

"We are committed to be the best major investment banking firm in every sector we serve," commented Richard B. Handler, Chairman and CEO of Jefferies. “Sage Kelly and the other professionals we have recruited to Jefferies to expand and drive our investment banking effort in the healthcare sector will allow us to provide broad and deep industry knowledge, capital markets expertise and strategic ideas to healthcare companies large and small.”

"Jefferies offers a major capital markets and strategic advisory platform where clients always come first," said Mr. Kelly. "Investment bankers want to be in a position to bring the best ideas that will serve the interests of clients, and the Jefferies platform has the breadth of capability and financial strength to deliver for our clients.”

Mr. Kelly has over 17 years of investment banking experience. Prior to joining Jefferies, he served as a Managing Director at UBS Securities LLC for more than 10 years. Previously, Mr. Kelly was an investment banker at Salomon Smith Barney.

About Jefferies

Jefferies, a major global securities and investment banking firm, has served companies and their investors for more than 45 years. Headquartered in New York City, with offices in more than 25 cities around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. 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
Jefferies International Ltd
Desiree Maghoo, 44 20 7029 8085
dmaghoo@jefferies.com
or
CJP Communications
Josh Passman, 212-279-3115, x203
jpassman@cjpcom.com