Och-Ziff Capital Management Group LLC to Present at the Merrill Lynch Banking & Financial Services Conference

11/05/2008

NEW YORK, Nov. 5 /PRNewswire-FirstCall/ -- Och-Ziff Capital Management Group LLC (NYSE: OZM) today announced that Daniel Och, Chairman and Chief Executive Officer of Och-Ziff Capital Management Group LLC, is scheduled to present at the Merrill Lynch Banking & Financial Services Conference on Wednesday, November 12, 2008 at 1:45 pm Eastern Time.

A live audio webcast of the presentation will be available on the on the For Shareholders page of Och Ziff's website, www.ozcap.com. An on-demand replay of the webcast will be available shortly after the event at the same web address.

About Och-Ziff Capital Management Group LLC

Och-Ziff Capital Management Group LLC is one of the world's largest institutional alternative asset managers with offices in New York, London, Hong Kong, Tokyo, Bangalore and Beijing.

Och-Ziff's funds seek to deliver consistent, positive, risk-adjusted returns throughout market cycles, with a strong focus on capital preservation. Och-Ziff's multi-strategy approach combines global investment strategies, including merger arbitrage, convertible and derivative arbitrage, equity restructuring, credit and distressed investments, private investments and real estate. As of November 1, 2008, Och-Ziff had approximately $28.3 billion in estimated assets under management with over 700 investor relationships. For more information, please visit www.ozcap.com.

SOURCE Och-Ziff Capital Management Group LLC

CONTACT: Investors, Tina Madon, Managing Director, Head of Investor Relations of Och-Ziff Capital Management Group LLC, +1-212-719-7381, tina.madon@ozcap.com; or Media, Steve Bruce or Chuck Dohrenwend, both of The Abernathy MacGregor Group, for Och-Ziff Capital Management Group LLC, +1-212-371-5999