LIMITED POWER OF ATTORNEY


The undersigned hereby constitutes
and appoints each of Roland T. Kelly,Judith K.
Otamura-Kester, Robert D. Ming and Ashley B. Geller,
each acting individually, as the undersigned's true
and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution, for him or
her and in his or her name, place, and stead, in any
and all capacities, to sign any Form 3, Form 4,
Form 5, Schedule 13G, Schedule 13D or Form ID relating
to beneficial ownership and changes in beneficial
ownership of equity securities Of Jefferies Group,
Inc.(the "Company"), and any amendment thereto, and
to file the same, with all exhibits thereto and other
documents in connection therewith, with the Securities
and Exchange Commission, and submit copies thereof to
any securities exchange or automated quotation system
and to the Company, granting unto each said
attorney-in-fact and agent, full power and authority
to do and perform each and every act and thing
requisite or necessary to be done in and about the
premises, as fully to all intents and purposes as he
or she might or could do in person, hereby ratifying
and confirming all that each said attorney-in-fact and
agent, or their or his or her substitutes, may lawfully
do or cause to be done by virtue hereof.  This power of
attorney shall expire at such time as the undersigned
ceases to be subject to filing requirements under
Sections 13(d), 13(g), and 16(a) of the Securities
Exchange Act of 1934, as amended.



/s/ Lloyd H. Feller
Lloyd H. Feller



February 14, 2007
(Date)