Oaktree Schedules Fourth Quarter and Full Year 2012 Earnings Conference Call for February 14, 2013

  Oaktree Schedules Fourth Quarter and Full Year 2012 Earnings Conference Call
  for February 14, 2013

               2:00 p.m. Eastern Time / 11:00 a.m. Pacific Time

Business Wire

LOS ANGELES -- January 16, 2013

Oaktree Capital Group, LLC (NYSE: OAK) today announced that it will report
fourth quarter and full year 2012 financial results prior to the opening of
the New York Stock Exchange on Thursday, February 14, 2013. Management will
host a conference call to discuss the results on the same day at 2:00 p.m.
Eastern Time / 11:00 a.m. Pacific Time. The conference call may be accessed by
dialing (888) 769-9724 (U.S. callers) or +1 (415) 228-4639 (non-U.S. callers),
participant password OAKTREE. Alternatively, a live webcast of the conference
call can be accessed by interested parties through the Unitholders – Investor
Relations section of the Oaktree website, http://ir.oaktreecapital.com/.

For those individuals unable to listen to the live broadcast of the conference
call, a replay will be available for 30 days on Oaktree's website, or by
dialing (800) 294-4350 (U.S. callers) or +1 (402) 220-9777 (non-U.S. callers),
beginning approximately one hour after the broadcast.

About Oaktree

Oaktree is a leading global investment management firm focused on alternative
markets, with $81.0 billion in assets under management as of September 30,
2012. The firm emphasizes an opportunistic, value-oriented and risk-controlled
approach to investments in distressed debt, corporate debt (including high
yield debt and senior loans), control investing, convertible securities, real
estate and listed equities. Headquartered in Los Angeles, the firm has over
700 employees and offices in 13 cities worldwide. For additional information,
please visit Oaktree’s website at www.oaktreecapital.com.

Contact:

Investor Relations:
Oaktree Capital Group, LLC
Andrea D. Williams
(213) 830-6483
investorrelations@oaktreecapital.com