Dubai International Capital LLC to Acquire 9.9% Equity Stake in Och-Ziff Capital Management Group LLC

Dubai International Capital LLC to Acquire 9.9% Equity Stake in Och-Ziff Capital Management Group LLC

October 30, 2007

    DUBAI, United Arab Emirates and NEW YORK, Oct. 30
/Xinhua-PRNewswire/ -- Dubai International Capital LLC
("DIC"), the international investment arm of
Dubai Holding, and Och-Ziff Capital Management Group LLC
("Och-Ziff") today announced that DIC will
acquire a 9.9% outstanding equity stake in Och-Ziff's
business upon completion of Och-Ziff's planned initial
public offering.  The purchase price per share paid by DIC
will be determined based on the pricing of the public
offering, less the underwriting fees and commissions, but
in any event will not exceed $33.00 per share.

    Sameer Al Ansari, Executive Chairman and Chief
Executive Officer of DIC, said:  "Since inception, DIC
has always been keen to align itself with like-minded
investors.  We hold Och-Ziff in very high regard both as a
sophisticated investor and a prominent alternative asset
manager.  We believe that Och-Ziff is uniquely positioned
to take advantage of the anticipated strong growth in the
alternative asset space based upon its global platform and
experienced management team.  This transaction serves as
the foundation on which DIC and Och-Ziff can build
synergies going forward.  DIC is thrilled to be part of the
Och-Ziff story and we are committed to making progress with
the strategic aspects of our new alliance."

    Daniel Och, Chairman, Chief Executive Officer and
Executive Managing Director of Och-Ziff, said: "We are
proud that DIC has agreed to join our firm as an equity
investor.  We look forward to working together to advance
our global growth strategies, and believe this development
strengthens our efforts to build an enduring world class
investment management business."

    DIC's investment in Och-Ziff is intended to create a
strategic relationship between the two firms and to provide
many mutual benefits related to deal access, sharing of
resources and global office footprint, undertaking joint
initiatives and pursuing co-investment opportunities.  The
sale is conditioned on, and will be consummated
concurrently with, the closing of Och-Ziff's planned
initial public offering. 

    The after-tax proceeds from this transaction will be
reinvested into certain funds managed by Och-Ziff.

    About Dubai International Capital LLC

    Established in 2004, DIC is a Dubai-based international
investment company. It is a wholly owned subsidiary of Dubai
Holding. DIC manages an international portfolio of diverse
assets that provide its stakeholders with value growth,
diversification, and strategic investments and
relationships.  DIC has a broad investment directive, which
consists of direct private equity, private equity funds and
co-investments, listed equities and strategic investments. 


    About Och-Ziff Capital Management Group LLC

    Och-Ziff, founded by Daniel Och in 1994, is a leading
institutional alternative asset management firm and one of
the largest alternative asset managers in the world, with
approximately $30.1 billion of assets under management for
over 700 fund investors as of September 30, 2007.

    Advisors

    J.P. Morgan Securities Inc. acted as Och-Ziff's lead
financial advisor and Goldman, Sachs & Co. also advised
Och-Ziff.  Affiliates of Merrill Lynch & Co. acted as
DIC's sole financial advisor. 

    Forward-Looking Statements

    This press release contains forward-looking statements
that involve risks and uncertainties.  These
forward-looking statements include the ability of Och-Ziff
to consummate the sale to DIC and its planned initial
public offering and DIC's percentage ownership in
Och-Ziff's business.  Actual results may differ, possibly
materially, from the views or expectations expressed in
these forward-looking statements as a result of, among
other things, the inability to close the transactions due
to market or other conditions.  Och-Ziff disclaims any
obligation to update such forward-looking statements after
the date of this release.



    For more information, please contact:

    For Och-Ziff Capital Management Group LLC
     Steve Bruce or Chuck Dohrenwend
     The Abernathy MacGregor Group 
     Tel:    [phone]

    For Dubai International Capital LLC
     Alex Blake-Milton 
     Brunswick 
     Tel:    [phone]
     Mobile: [phone]