Jefferies Financial Group Inc. — Director's Dealing 2010

May 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEUCADIA NATIONAL CORP (LUK)
CIK: 0000096223
Period of Report: 2010-05-03

Reporting Person: HIRSCHFIELD ALAN J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-03	Common Shares	M	2000	$18.025	Acquired	37000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-03	Option to Purchase Common Shares	$18.025	M	2000	Disposed	2010-05-17	Common Shares (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	3000	Direct

Footnotes

F1: The stock 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 date of
grant.