Och-Ziff Capital Management Group Files Registration Statement for Initial Public Offering

Och-Ziff Capital Management Group Files Registration Statement for Initial Public Offering

July 03, 2007

    NEW YORK, July 2 /Xinhua-PRNewswire/ -- Och-Ziff
Capital Management Group LLC announced today that it has
filed a registration statement with the Securities and
Exchange Commission (SEC) for a proposed initial public
offering of its Class A shares representing Class A limited
liability company interests.  The firm intends to apply to
list its Class A shares on the New York Stock Exchange
under the symbol OZM. 

    Och-Ziff is a leading international, institutional
alternative asset management firm and one of the largest
alternative asset managers in the world.  

    Goldman, Sachs & Co. and Lehman Brothers Inc. are
serving as co-lead managers for the proposed offering. 

    The offering will be made only by means of a
prospectus.  A copy of the prospectus relating to this
offering, when available, may be obtained from the
Prospectus Department of Goldman, Sachs & Co., 85 Broad
Street, New York, New York 10004, fax number [phone]
or email [e-mail]; or Lehman Brothers
Inc., c/o Broadridge, 1155 Long Island Avenue, Edgewood,
New York 11717, fax number [phone]. 

    A registration statement relating to these securities
has been filed with the SEC but has not yet become
effective.  These securities may not be sold nor may offers
to buy these securities be accepted prior to the time the
registration statement becomes effective. 

    For more information, please contact:

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