Eiji Kitahara Joins in Tokyo to Lead Uridashi Business

TOKYO & LONDON & NEW YORK -- (BUSINESS WIRE) --

In a further expansion of its Fixed Income business, Jefferies announced today the appointment of Eiji Kitahara as a Managing Director hired to lead the firm's Uridashi bond business. Mr. Kitahara will be responsible for building Jefferies' Uridashi origination and sales effort in Japan, which encompasses the sale of foreign currency bonds to Japanese investors.

David Weaver, President of Jefferies International, and Tim Cronin, Global Head of Jefferies' Fixed Income Division, jointly commented: "We are delighted to welcome Eiji Kitahara to Jefferies' global Rates platform. With his product expertise and exceptional experience, we expect he will make a meaningful contribution to the firm's global fixed income business."

In a joint statement, Christopher Bury and Daniel Markaity, Co-Heads of Jefferies' Global Fixed Income Rates Business, commented, "Eiji Kitahara is a key addition to our team as we add the Uridashi bond business in an ongoing expansion of our global Rates effort. Japan is an extremely important market for our broader fixed income business, and Eiji's significant relationships will positively impact on our capabilities there."

This announcement further demonstrates Jefferies' growing strength in fixed income, where the firm now has more than 450 professionals globally who are focused on the sales and trading of investment grade corporate bonds, high yield bonds, government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans, leveraged loans, distressed securities and emerging market debt.

Mr. Kitahara has more than thirty years of industry experience and joins Jefferies from Dresdner Kleinwort, where he spent 11 years and was most recently a Managing Director and Co-Head of Retail Relations in the Capital Markets Division.

Jefferies, a major global securities and investment banking firm, has served companies and their investors for more than 48 years. Jefferies & Company, Inc. is the principal US operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com), Jefferies International Limited is the principal UK operating subsidiary, and Jefferies (Japan) Limited is the principal Japanese operating subsidiary. Jefferies International Limited is authorised and regulated by the UK Financial Services Authority and Jefferies (Japan) Limited is a securities company registered by the Financial Services Agency of Japan and is a member of the Japan Securities Dealers Association.

CONTACT:

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