Och-Ziff Capital Management Group LLC to Release 2010 Full Year and Fourth Quarter Results and Announce 2010 Fourth Quarter Dividend on February 10, 2011

NEW YORK, Jan. 27, 2011 /PRNewswire/ -- Och-Ziff Capital Management Group LLC (NYSE: OZM) (the "Company") plans to announce its 2010 full year results and its 2010 fourth quarter results and dividend on Thursday, February 10, 2011 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 For 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 888-680-0893 (callers inside the U.S.) or 617-213-4859 (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 86310426.  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 888-286-8010 (callers inside the U.S.) or 617-801-6888 (callers outside the U.S.), passcode 77236453, 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=P777RHUAL

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 convertible and derivative arbitrage, credit, long/short equity special situations, merger arbitrage, private investments and structured credit.  As of January 1, 2011, Och-Ziff had approximately $27.6 billion in assets under management.  For more information, please visit Och-Ziff's website at www.ozcap.com.

SOURCE Och-Ziff Capital Management Group LLC