Jefferies Financial Group Inc. — Director's Dealing 2008

May 1, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEUCADIA NATIONAL CORP (LUK)
CIK: 0000096223
Period of Report: 2008-04-28

Reporting Person: DOUGAN PAUL M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-04-28	Common Shares	M	3000	$12.847	Acquired	21950	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-28	Option to Purchase Common Shares (Right to Buy)	$12.847	M	3000	Disposed	2008-05-13	Common Shares (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	300	Indirect

Footnotes

F1: Owned by Reporting Person's wife.

F2: 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.

F3: Not applicable.