May 26, 2009

Blackstone to Present at the Keefe, Bruyette & Woods Diversified Financial Services Conference

New York, May 26, 2009 – The Blackstone Group (NYSE: BX) today announced that Tony James, Chief Operating Officer of The Blackstone Group, is scheduled to present at the Keefe, Bruyette & Woods Diversified Financial Services Conference on Wednesday, June 3, 2009 at 11:00 am EDT.

A live audio webcast of the presentation will be available on the Investor Relations section of our website at http://www.kbw.com/news/conferenceDivFin2009_Webcast.html  For those unable to listen to the live audio webcast, a replay will be available on Blackstone’s website shortly after the event.

Please direct any questions regarding the webcast to Blackstone’s Investor Relations group at BlackstoneInvestorRelations@blackstone.com

About The Blackstone Group

Blackstone is one of the world’s leading investment and advisory firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, the companies we advise and the broader global economy. We do this through the commitment of our extraordinary people and flexible capital. Our alternative asset management businesses include the management of corporate private equity funds, real estate funds, funds of hedge funds, credit-oriented funds, collateralized loan obligation vehicles (CLOs) and closed-end mutual funds. The Blackstone Group also provides various financial advisory services, including mergers and acquisitions advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.blackstone.com.

Contact:

Public Affairs
The Blackstone Group
212 583 5263