Och-Ziff Capital Management Group LLC Announces Pricing of Initial Public Offering

Och-Ziff Capital Management Group LLC Announces Pricing of Initial Public Offering

November 14, 2007

    NEW YORK, Nov. 14 /Xinhua-PRNewswire/ -- Och-Ziff
Capital Management Group LLC ("Och-Ziff")
announced today that its initial public offering of
36,000,000 Class A shares representing Class A limited
liability company interests priced at $32.00 per share. The
shares are expected to begin trading tomorrow, November 14,
2007, on the New York Stock Exchange under the symbol
"OZM." Och-Ziff has granted the underwriters the
option to purchase up to an additional 5,400,000 Class A
shares from Och-Ziff at the initial public offering price
less the underwriting discount.

    Och-Ziff intends to use the proceeds from the initial
public offering and the concurrent sale of $1.15 billion of
Class A shares to Dubai International Capital LLC to acquire
interests in its business from its existing owners,
including members of Och-Ziff's senior management. All of
Och-Ziff's current partners will then invest 100% of their
after-tax proceeds into certain funds managed by Och-Ziff. 


    Goldman, Sachs & Co. and Lehman Brothers served as
global coordinators for the offering. Merrill Lynch &
Co., Morgan Stanley, Citi, Deutsche Bank Securities and
JPMorgan served as bookrunners. 

    The initial public offering is being made solely by
means of a prospectus which 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 from Lehman
Brothers Inc., c/o Broadridge, 1155 Long Island Avenue,
Edgewood, New York 11717, fax number [phone] or
email [e-mail].  

    This press release shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall
there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification
under the securities laws of any such state or
jurisdiction.

    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. 



    For more information, please contact:

     Steve Bruce or Chuck Dohrenwend
     The Abernathy MacGregor Group
     Tel:   [phone]