Jefferies Financial Group Inc. — Director's Dealing 2011

Mar 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEUCADIA NATIONAL CORP (LUK)
CIK: 0000096223
Period of Report: 2011-03-16

Reporting Person: HIRSCHFIELD ALAN J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-16	Common Shares	M	4000	$30.78	Acquired	44000	Direct
2011-03-16	Common Shares	S	4000	$33.4196	Disposed	40000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-16	Option to Purchase Common Shares	$30.78	M	4000	Disposed	2011-05-16	Common Shares (4000)	Direct

Footnotes

F1: The stock options were granted on May 16, 2006 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.

F2: Reflects weighted average per share price of separately priced transactions at a range of $33.41 -$33.43. Upon the request of the Commmission 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.