Jefferies Financial Group Inc. — Director's Dealing 2008

Sep 17, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEUCADIA NATIONAL CORP (LUK)
CIK: 0000096223
Period of Report: 2008-06-20

Reporting Person: CUMMING IAN M (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-20	Common Shares	G	385786	—	Acquired	831406	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	23067393	Direct

Footnotes

F1: On June 20, 2008 a Grantor Retained Annuity Trust of which the Reporting Person was the sole trustee distributed (i) 16,426
shares of common stock of Leucadia National Corporation to the Reporting Person in a transaction exempt pursuant to Rule
16a-13 of the Securities Exchange Act of 1934 and (ii) 192,893 shares of common stock of Leucadia National Corporation to
each of two trusts for the benefit of the Reporting Person's children of which his wife is the sole trustee.

F2: Consists of common shares beneficially owned by the Reporting Person's wife (directly and through trusts for his children of
which his wife is trustee).