Press Release

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE:FIG) announced today that it elected not to pay a dividend in the first quarter of 2010. The Board elected to retain capital for potential future investment opportunities and for working capital purposes.

About Fortress

Fortress is a leading global alternative asset manager with approximately $31.8 billion in assets under management as of December 31, 2009. Fortress 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: Fortress Investment Group LLC Lilly H. Donohue, 212-798-6118