Blackstone Second Quarter Earnings Conference Call Announcement

New York, August 8, 2007: The Blackstone Group L.P. (NYSE:BX), announced today that it will host its second quarter investor conference call Monday, August 13, 2007 at 11:00 am ET. Tony James, President and Chief Operating Officer; Michael Puglisi, Chief Financial Officer; and Joan Solotar, Senior Managing Director – Public Markets, will review The Blackstone Group L.P.’s second quarter earnings.

The conference call can be accessed by dialing (888) 713-4218 (U.S. domestic) and (617) 213-4870 (international) pass code 92341915. Additionally the conference call will be broadcast live over the Internet and can be accessed by all interested parties through the Investor Relations section of The Blackstone Group’s website For those unable to listen to the live broadcast, a replay will be available on our website or by dialing (888) 286-8010 (U.S. domestic) or (617) 801-6888 (international) pass code number 19061463, beginning approximately two hours after the event.

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

A press release, including financial statements and segment information, will be released prior to the conference call on Monday, August 13, 2007. The release will be available on Business Wire and Blackstone’s website.

About 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 vehicles, 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 services. Further information is available at