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J. C. Penney Company, Inc. and Martha Stewart Living Omnimedia, Inc. Announce Strategic Alliance

PLANO, Texas and NEW YORK, Dec. 7, 2011 /PRNewswire – J. C. Penney Company, Inc. (NYSE: JCP) (“J. C. Penney”) and Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) (“MSLO”) today announced they have entered into a strategic alliance and will join forces to create a unique and comprehensive retail experience featuring Martha Stewart products, know-how and advice.

Blackstone Portfolio Companies Pursue Sustainability Programs

New York, NY, December 5, 2011: Blackstone (NYSE: BX) announced today that four portfolio companies have signed on to pursue environmental sustainability programs. Equity Office Properties, LXR Luxury Resorts and Hotels, Performance Food Group, and Pinnacle Foods have selected test sites at which to roll-out a host of operational improvements and technology upgrades to reduce energy, water and waste-related costs. The goal is to roll-out the most effective initiatives from the test sites across each company’s portfolio of facilities and locations, with annual cost savings estimated to exceed 10% of total energy costs. Today’s announcement is part of an ongoing effort by Blackstone to focus on sustainability across the portfolio of companies it manages on behalf of its investors, which include 36 million pensioners globally.

Blackstone to Present at the Goldman Sachs U.S. Financial Services Conference

New York, November 30, 2011 – Blackstone (NYSE:BX), announced today that Stephen A. Schwarzman, Chairman and CEO of Blackstone, is scheduled to present at the Goldman Sachs U.S Financial Services Conference on Tuesday, December 6, 2011 at 2:40 pm EST.
A live webcast of the presentation will be available on the Investor Relations section of Blackstone’s website at For those unable to listen to the live audio webcast, a replay will be available on Blackstone’s website shortly after the event.

Blackstone Charitable Foundation and Burton D. Morgan Foundation Commit $3.2 Million to Train Ohio’s Next Generation of Entrepreneurs

Cleveland, November 18, 2011 – The Blackstone Charitable Foundation and The Burton D. Morgan Foundation announced today a $3.2 million, three-year partnership to train the next generation of entrepreneurs in Northeast Ohio. The grants – to Baldwin-Wallace College, Case Western Reserve University, Kent State University and Lorain County Community College – will expand Blackstone LaunchPad, a groundbreaking initiative that gives university students and alumni the skills, knowledge, and guidance to start new companies. Blackstone LaunchPad replicates and implements a program developed at the University of Miami in 2008, which has generated 65 start-up ventures, 120 new jobs and drawn nearly 2,000 student participants. In 2010 the first Blackstone LaunchPad was opened at two schools in Detroit. Blackstone LaunchPad programs will be up and running in Northeast Ohio in early 2012.

Energy Alloys Announces Equity Investment from GSO Capital Partners LP, a division of The Blackstone Group

HOUSTON, USA and ROTHERHAM, UK (Nov. 1, 2011) – Energy Alloys L.L.C., a global provider of oilfield metals, services and solutions, announced today that funds managed by GSO Capital Partners LP (“GSO”), a division of the Blackstone Group L.P. (“Blackstone”) have invested equity capital in Energy Alloys to support its growth strategy. The company’s strategy will continue to be executed by its current management team.

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