Och-Ziff Capital Management Group LLC to Release 2012 Full Year and Fourth Quarter Results and Announce 2012 Fourth Quarter

  Och-Ziff Capital Management Group LLC to Release 2012 Full Year and Fourth
Quarter Results and Announce 2012 Fourth Quarter Dividend on February 7, 2013

PR Newswire

NEW YORK, Jan. 24, 2013

NEW YORK, Jan. 24, 2013 /PRNewswire/ -- Och-Ziff Capital Management Group LLC
(NYSE: OZM) (the "Company" or "Och-Ziff") plans to announce its 2012 full year
and fourth quarter results and its 2012 fourth quarter dividend Thursday,
February 7, 2013, 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 Class A 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
+1-888-713-4199 (callers inside the U.S.) or +1-617-213-4861 (callers outside
the U.S.). The number should be dialed at least ten minutes prior to the start
of the call and the passcode will be 42797861. 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 +1-888-286-8010 (callers inside the U.S.) or +1-617-801-6888
(callers outside the U.S.), passcode 30182536, 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 as noted above.

To pre-register for the conference call please use the following link:

https://www.theconferencingservice.com/prereg/key.process?key=PTJ9VKA3R

About Och-Ziff Capital Management Group LLC

Och-Ziff Capital Management Group LLC is one of the largest institutional
alternative asset managers in the world with offices in New York, London, Hong
Kong, Beijing and Mumbai.  Och-Ziff provides asset management services to
institutional investors globally through its hedge funds and other alternative
investment vehicles. Och-Ziff's funds seek to generate consistent, positive,
absolute returns across market cycles, with low volatility compared to the
equity markets and with an emphasis on preservation of capital. Och-Ziff's
multi-strategy approach combines global investment strategies, including
convertible and derivative arbitrage, corporate credit, long/short equity
special situations, merger arbitrage, private investments and structured
credit.  As of January 1, 2013, Och-Ziff had approximately $31.9 billion in
assets under management. For more information, please visit Och-Ziff's website
(www.ozcap.com).

SOURCE Och-Ziff Capital Management Group LLC

Website: http://www.ozcap.com
Contact: Investor Relations: Tina Madon, Managing Director, Head of Investor
Relations, +1-212-719-7381, tina.madon@ozcap.com; Media Relations: George Sard
or Jonathan Gasthalter, Sard Verbinnen & Co, +1-212-687-8080