Press Release

NEW YORK, Dec. 8 /PRNewswire-FirstCall/ -- Fortress Investment Group LLC (NYSE: FIG) announced today that Dan Mudd, Chief Executive Officer of Fortress Investment Group, is scheduled to present at the Goldman Sachs US Financial Services Conference on Wednesday, December 9, 2009, at 8:40 a.m. Eastern Time.

A live audio webcast of Mr. Mudd's presentation, including related materials, will be available on the Investor Relations section of Fortress's website www.fortress.com. The audio replay of the webcast and presentation will be available online through December 16, 2009.

About Fortress

Fortress is a leading global alternative asset manager with approximately $32.0 billion in assets under management as of September 30, 2009. Fortress raises, invests and manages private equity funds and hedge funds. Fortress was founded in 1998. For more information regarding Fortress Investment Group LLC or to be added to our e-mail distribution list, please visit www.fortress.com.

SOURCE Fortress Investment Group LLC

Contact: Lilly H. Donohue, +1-212-798-6118, Fortress Investment Group LLC