Jefferies Financial Group Inc. — Director's Dealing 2007

Oct 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEUCADIA NATIONAL CORP (LUK)
CIK: 0000096223
Period of Report: 2007-09-28

Reporting Person: O Connor Joseph M (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-28	Common Shares	M	12000	$21.753	Acquired	12000	Direct
2007-09-28	Common Shares	S	12000	$47.800	Disposed	0	Direct
2007-09-28	Common Shares	M	3600	$10.247	Acquired	3600	Direct
2007-09-28	Common Shares	S	2000	$47.800	Disposed	1600	Direct
2007-09-28	Common Shares	S	1600	$48.000	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-28	Employee Stock Option to Purchase Common Shares	$21.753	M	12000	Disposed	2011-01-02	Common Shares (12000)	Direct
2007-09-28	Employee Stock Option to Purchase Common Shares	$10.247	M	3600	Disposed	2008-07-11	Common Shares (3600)	Direct

Footnotes

F1: Not applicable.