Och-Ziff Capital Management Group LLC to Release 2012 Second Quarter Results and Announce 2012 Second Quarter Dividend on August 2, 2012

NEW YORK, July 19, 2012 /PRNewswire/ -- Och-Ziff Capital Management Group LLC (NYSE: OZM) (the "Company") plans to announce its results and dividend for the 2012 second quarter on Thursday, August 2, 2012 in a press release that will be issued prior to the opening of the New York Stock Exchange.  The press release will also be available on the Class A Shareholders page of the Company's website (www.ozcap.com).

Daniel S. Och, Chairman and Chief Executive Officer, and Joel M. 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 +1-888-680-0894 (callers inside the U.S.) or +1-617-213-4860 (callers outside the U.S.). The number should be dialed at least ten minutes prior to the start of the call and the passcode will be 71972530. 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 by dialing +1-888-286-8010 (callers inside the U.S.) or +1-617-801-6888 (callers outside the U.S.), passcode 57979229, 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 as noted above.

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

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

About Och-Ziff Capital Management Group LLC

Och-Ziff Capital Management Group LLC is one of the largest institutional alternative asset managers in the world with offices in New York, London, Hong Kong, Beijing and Mumbai. Och-Ziff provides asset management services to institutional investors globally through its hedge funds and other alternative investment vehicles. Och-Ziff's funds seek to generate consistent, positive, absolute returns across market cycles, with low volatility compared to the equity markets and with an emphasis on preservation of capital. Och-Ziff's multi-strategy approach combines global investment strategies, including convertible and derivative arbitrage, corporate credit, long/short equity special situations, merger arbitrage, private investments and structured credit.  As of July 1, 2012, Och-Ziff had approximately $29.3 billion in assets under management. For more information, please visit Och-Ziff's website (www.ozcap.com).

SOURCE Och-Ziff Capital Management Group LLC