X0303 4 2011-02-25 0 0000096223 LEUCADIA NATIONAL CORP LUK 0000924255 STEINBERG JOSEPH S 315 PARK AVENUE SOUTH NEW YORK NY 10023 1 1 1 0 PRESIDENT COMMON SHARES 2011-02-25 4 M 0 2000000 28.515 A 4452165 D COMMON SHARES 2011-02-25 4 F 0 1738401 32.806 D 2713764 D COMMON SHARES 2011-02-25 4 S 0 261599 32.24 D 2452165 D COMMON SHARES 22115336 I See footnote COMMON SHARE PURCHASE WARRANTS (RIGHT TO BUY) 28.515 2011-02-25 4 M 0 2000000 0 D 2006-05-16 2011-03-05 Common Shares 2000000 0 D On February 25, 2011, the Reporting Person exercised a common share purchase warrant for 2,000,000 common shares, and common shares were withheld to pay the exercise price therefor, all in transactions exempt under Rule 16b-3 under the Securities Exchange Act of 1934. Consists of shares held by corporations that are owned by the Reporting Person or by trusts as to which the Reporting Person has sole voting and dispositive control, 2,339,712 common shares held in trust for the Reporting Person's children and 139,200 common shares held by the Reporting Person's wife and daughter. /s/ Laura E. Ulbrandt, Attorney-in-Fact 2011-02-28