New York – The Blackstone Group L.P. (NYSE:BX), announced today that it will host an 8:30 a.m. (EST) conference call for the media on Wednesday, May 6, 2009 on its first quarter earnings results.

The conference call can be accessed by dialing +1 800-230-1766 (U.S. domestic) or +1 612-288-0337 (international).

About Blackstone

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
New York
+ 1 212.583.5263