Leucadia National Corp. announced that it intends to call for redemption on March 15, 2012 all of the aggregate principal amount outstanding of its 7-1/8% Senior Notes due 2017 and all of the aggregate principal amount outstanding of its 8.65% Junior Subordinated Deferrable Interest Debentures due 2027. The Notes will be redeemed in accordance with the terms of the Indenture dated as of March 6, 2007 between the company and The Bank of New York, as Trustee. The redemption price for the Notes is 103.563% of the principal amount, plus accrued and unpaid interest. The Debentures will be redeemed in accordance with the terms of the First Supplemental Indenture and the Indenture, each dated as of January 21, 1997, between the Company and Chase Manhattan Bank, as Trustee. The redemption price for the Debentures is 102.1395% of the principal amount, plus accrued and unpaid interest. On and after March 15, 2012, interest on the Notes and the Debentures will cease to accrue. The total cash required to redeem the Notes and the Debentures is approximately $528.3 million, plus accrued and unpaid interest.