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Jefferies Financial Group Inc. Director's Dealing 2007

Oct 3, 2007

30450_dirs_2007-10-03_75d87c90-99e8-480e-bf7a-e3a97400f007.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEUCADIA NATIONAL CORP (LUK)
CIK: 0000096223
Period of Report: 2007-10-01

Reporting Person: GLAUBINGER LAWRENCE D (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-10-01 Common Shares M 750 $12.847 Acquired 257000 Direct
2007-10-01 Common Shares M 750 $15.56 Acquired 257750 Direct
2007-10-01 Common Shares M 500 $18.025 Acquired 258250 Direct
2007-10-01 Common Shares M 1000 $30.780 Acquired 259250 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-10-01 Options to Purchase Common Shares (Right to Buy) $12.847 M 750 Disposed 2008-05-13 Common Shares (750) Direct
2007-10-01 Options to Purchase Common Shares (Right to Buy) $15.560 M 750 Disposed 2009-05-11 Common Shares (750) Direct
2007-10-01 Options to Purchase Common Shares (Right to Buy) $18.025 M 500 Disposed 2010-05-17 Common Shares (500) Direct
2007-10-01 Options to Purchase Common Shares (Right to Buy) $30.78 M 1000 Disposed 2011-05-16 Common Shares (1000) Direct

Footnotes

F1: The options were granted on May 13, 2003 under the Leucadia National Corporation 1999 Stock Option Plan, as amended.
Pursuant to their terms, these options become exercisable at the rate of 25% per year commencing one year after the grant
date.

F2: The options were granted on May 11, 2004 under the Leucadia National Corporation 1999 Stock Option Plan, as amended.
Pursuant to their terms, these options become exercisable at the rate of 25% per year commencing one year after the grant
date.

F3: The options were granted on May 17, 2005 under the Leucadia National Corporation 1999 Stock Option Plan, as amended.
Pursuant to their terms, these options become exercisable at the rate of 25% per year commencing one year after the grant
date.

F4: The options were granted on May 16, 2006 under the Leucadia National Corporation 1999 Stock Option Plan, as amended.
Pursuant to their terms, these options become exercisable at the rate of 25% per year commencing one year after the grant
date.

F5: Not applicable.