From May 18, 2009 through May 27, 2009, Leucadia National Corporation (the "Company") issued an aggregate of 5,171,657 common shares, par value $1.00 per share ("Common Shares") upon conversion of an aggregate of $118,776,000 principal amount of the Company's 3-3/4% Convertible Senior Subordinated Notes due 2014 ("Notes"), as set forth below, pursuant to privately negotiated transactions to induce conversion. The Notes were convertible at a rate of
43.5414 Common Shares per $1,000 principal amount of the Notes. The Common Shares were issued without registration pursuant to Section 3(a)(9) under the Securities Act of 1933, as amended.

Date     Aggregate Principal Amount Number of Shares

05/18/09                $11,702,000          509,520

05/19/09                $26,070,000        1,135,121

05/20/09                $15,428,000          671,755

05/21/09                 $8,880,000          386,646

05/22/09                $41,596,000        1,811,143

05/26/09                 $9,225,000          401,669

05/27/09                 $5,875,000          255,803