Press Release

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) announced today that it elected not to pay a dividend in the second 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 investment manager founded in 1998. Fortress offers alternative and traditional investment products. 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
Investor Relations
Lilly H. Donohue, 212-798-6118
or
Media Relations
Gordon E. Runté, 212-798-6082