Och-Ziff Capital Management Group LLC to Release Second Quarter 2009 Results and Announce Second Quarter 2009 Dividend on August 4, 2009

07/22/2009

NEW YORK, July 22, 2009 /PRNewswire-FirstCall via COMTEX/ -- Och-Ziff Capital Management Group LLC (NYSE: OZM) (the "Company") plans to announce its results and dividend for the 2009 second quarter on Tuesday, August 4, 2009 in a press release that will be issued prior to the opening of the New York Stock Exchange. This release will be issued concurrently with the Company's Form 8-K announcement of its estimated July 2009 returns and its August 1, 2009 estimated assets under management. The press release and the Form 8-K will also be available on the For Shareholders page of the Company's website, www.ozcap.com.

Daniel Och, Chairman and Chief Executive Officer, and Joel Frank, Chief Financial Officer, plan to host a conference call that day at 8:30 a.m. Eastern Time to review these results. The call will be open to the public and can be accessed by dialing 888-680-0890 (callers inside the U.S.) or 617-213-4857 (callers outside the U.S.). The number should be dialed at least ten minutes prior to the start of the call. The passcode for the call will be 83937218. A simultaneous webcast of the call will be available to the public on a listen-only basis on the Company's website as noted above.

For those unable to listen to the live broadcast, a replay will be available on the Company's website or by dialing 888-286-8010 (callers inside the U.S.) or 617-801-6888 (callers outside the U.S.), passcode 47416603, beginning approximately two hours after the event for two weeks. A webcast replay of the event will also be available on the Company's website.

To pre-register for the conference call please use the following link:

https://www.theconferencingservice.com/prereg/key.process?key=PDHBPMUWU

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.

The Company's funds seek to deliver consistent, positive, risk-adjusted returns throughout market cycles, with a strong focus on capital preservation. The Company'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 July 1, 2009, the Company had approximately $20.7 billion in assets under management with approximately 600 investor relationships. For more information, please visit www.ozcap.com.

SOURCE Och-Ziff Capital Management Group LLC

http://www.ozcap.com