Jefferies Financial Group Inc. — Director's Dealing 2007

Mar 26, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEUCADIA NATIONAL CORP (LUK)
CIK: 0000096223
Period of Report: 2007-03-23

Reporting Person: LOWENTHAL BARBARA L (Vice President and Comptroller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-23	Common Shares	M	19971	$10.247	Acquired	37971	Direct
2007-03-23	Common Shares	M	24000	$21.753	Acquired	61971	Direct
2007-03-23	Common Shares	S	43971	$29.92	Disposed	18000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-23	Employee Stock Option to Purchase Common	$10.247	M	19971	Disposed	2008-07-11	Common Shares (19971)	Direct
2007-03-23	Employee Stock Option to Purchase Common	$21.753	M	24000	Disposed	2011-01-02	Common Shares (24000)	Direct

Footnotes

F1: Not applicable.