Jefferies Financial Group Inc. — Director's Dealing 2006

Jun 28, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEUCADIA NATIONAL CORP (LUK)
CIK: 0000096223
Period of Report: 2006-06-27

Reporting Person: GLAUBINGER LAWRENCE D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-06-27	Common Shares	M	750	$11.743	Acquired	254250	Direct
2006-06-27	Common Shares	M	750	$12.847	Acquired	255000	Direct
2006-06-27	Common Shares	M	750	$15.560	Acquired	255750	Direct
2006-06-27	Common Shares	M	500	$18.025	Acquired	256250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-06-27	Options to Purchase Common Shares (Right to Buy)	$11.743	M	750	Disposed	2007-05-14	Common Shares (750)	Direct
2006-06-27	Options to Purchase Common Shares (Right to Buy)	$12.847	M	750	Disposed	2008-05-13	Common Shares (750)	Direct
2006-06-27	Options to Purchase Common Shares (Right to Buy)	$15.560	M	750	Disposed	2009-05-11	Common Shares (750)	Direct
2006-06-27	Options to Purchase Common Shares (Right to Buy)	$18.025	M	500	Disposed	2010-05-16	Common Shares (500)	Direct

Footnotes

F1: The stock options were granted under the Leucadia National Corporation 1999 Stock Option Plan, as amended.

F2: Not applicable.