Jefferies Financial (JEF) 8-K Other Events

Exhibit 99.1

November 7, 2013

FOR IMMEDIATE RELEASE

Contact:  Laura Ulbrandt  (212) 460-1900

LEUCADIA NATIONAL CORPORATION

ANNOUNCES NINE MONTH 2013 RESULTS

New York, New York, November 7, 2013--Leucadia National Corporation (NYSE: LUK) today announced its operating results for the nine month period ended September 30, 2013.  Net income attributable to Leucadia National Corporation common shareholders for the nine month periods ended September 30, 2013 and 2012 was $360,686,000 ($1.06 per diluted common share) and $400,300,000 ($1.62 per diluted common share), respectively.  These results reflect the inclusion of the operations of Jefferies Group LLC and its subsidiaries since its acquisition on March 1, 2013.

For more information on the Company’s results of operations for 2013, please see the Company’s Form 10-Q for the nine months ended September 30, 2013, which will be filed with the Securities and Exchange Commission today.

SUMMARY FOR LEUCADIA NATIONAL CORPORATION AND SUBSIDIARIES

(In thousands, except per share amounts)

(Unaudited)

	For the Three Month						For the Nine Month
	Period Ended September 30,						Period Ended September 30,
	2013			2012			2013			2012
Net revenues	$	2,565,076		$	2,216,920		$	7,596,981		$	6,722,138
Net realized securities gains	$	4,987		$	154,207		$	244,378		$	581,669
Income from continuing operations before income taxes
and income related to associated companies	$	2,517		$	171,561		$	365,934		$	614,169
Income related to associated companies		23,889			24,274			89,560			65,802
Income from continuing operations before income taxes		26,406			195,835			455,494			679,971
Income tax provision		16,183			78,890			86,258			264,176
Income from continuing operations		10,223			116,945			369,236			415,795
Income (loss) from discontinued operations, including gain (loss)
on disposal, net of taxes		4,160			(2,611	)		3,972			(1,994	)
Net income		14,383			114,334			373,208			413,801
Net (income) loss attributable to the noncontrolling interest		(253	)		972			1,098			1,067
Net income attributable to the redeemable noncontrolling interests		(10,132	)		(8,632	)		(11,239	)		(14,568	)
Preferred stock dividends		(1,027	)		–			(2,381	)		–
Net income attributable to
Leucadia National Corporation common shareholders	$	2,971		$	106,674		$	360,686		$	400,300
Basic earnings (loss) per common share attributable to
Leucadia National Corporation common shareholders:
Income (loss) from continuing operations	$	–		$	.45		$	1.07		$	1.64
Income (loss) from discontinued operations, including
gain (loss) on disposal		.01			(.01	)		.01			–
Net income	$	.01		$	.44		$	1.08		$	1.64
Number of shares in calculation		367,641			244,583			331,091			244,583
Diluted earnings (loss) per common share attributable to
Leucadia National Corporation common shareholders:
Income (loss) from continuing operations	$	–		$	.44		$	1.05		$	1.62
Income (loss) from discontinued operations, including
gain (loss) on disposal		.01			(.01	)		.01			–
Net income	$	.01		$	.43		$	1.06		$	1.62
Number of shares in calculation		367,687			248,910			338,897			248,910