Blackstone Announces First Quarter 2008 Earnings Conference Call for the Media

New York, The Blackstone Group L.P. (NYSE:BX), announced today that it will host a 9:30 am (EST) conference call for the media on Thursday, May 15, 2008 on its first quarter 2008 earnings results.

The conference call can be accessed by dialing (800) 762-4905 (U.S. domestic) and (480) 629-9035 (international).

The Blackstone Group

The Blackstone Group is a leading global alternative asset manager and provider of financial advisory services. Its alternative asset management businesses include the management of corporate private equity funds, real estate opportunity funds, funds of hedge funds, mezzanine funds, senior debt funds, proprietary hedge funds 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 service. Further information is available at www.blackstone.com.

Contact
Peter Rose
Managing Director – Public Affairs
The Blackstone Group
New York
+ 1 212.583.5871