Och-Ziff Capital Management Group LLC to Release 2010 Second Quarter Results and Announce 2010 Second Quarter Dividend on August 3, 2010

NEW YORK, July 20 /PRNewswire-FirstCall/ -- Och-Ziff Capital Management Group LLC (NYSE: OZM) (the "Company") plans to announce its results and dividend for the 2010 second quarter on Tuesday, August 3, 2010 in a press release that will be issued prior to the opening of the New York Stock Exchange. This release will be issued after the Company's Form 8-K announcement of its estimated July 2010 returns and its August 1, 2010 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 and Senior Chief Operating 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 888-713-4211 (callers inside the U.S.) or 617-213-4864 (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 74499372. 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 56717130, 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=P3CCGLB6R

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, Mumbai 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 long/short equity special situations, convertible and capital structure arbitrage, structured credit, other credit, private investments and merger arbitrage.  As of July 1, 2010, Och-Ziff had approximately $25.3 billion in assets under management with approximately 600 investor relationships.  For more information, please visit Och-Ziff's website at www.ozcap.com.

SOURCE Och-Ziff Capital Management Group LLC

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