Jefferies Financial Group Inc. — Director's Dealing 2011

Apr 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEUCADIA NATIONAL CORP (LUK)
CIK: 0000096223
Period of Report: 2011-04-05

Reporting Person: O Connor Joseph M (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-05	Common Shares	M	32000	$27.34	Acquired	32000	Direct
2011-04-05	Common Shares	S	32000	$38.5439	Disposed	0	Direct
2011-04-05	Common Shares	M	16000	$27.88	Acquired	16000	Direct
2011-04-05	Common Shares	S	16000	$38.5439	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-05	Employee Stock Option to Purchase Common Shares	$27.34	M	32000	Disposed	2012-12-31	Common Shares (32000)	Direct
2011-04-05	Employee Stock Option to Purchase Common Shares	$27.88	M	16000	Disposed	2014-10-22	Common Shares (16000)	Direct

Footnotes

F1: Reflects weighted average per share price of separately priced transactions at a range of $38.17-$38.81. Upon the request of the Commission or a security holder of the issuer, full information regarding the number of shares sold at each separate price will be provided to the requesting party.

F2: Pursuant to their terms, these options become exercisable at the rate of 20% per year commencing January 1, 2008.

F3: Pursuant to their terms, these options become exercisable at the rate of 20% per year commencing October 22, 2009.