Press Release

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) announced today that Daniel Mudd, Fortress Chief Executive Officer, is scheduled to present at the Goldman Sachs US Financial Services Conference 2010 at the Goldman Sachs Conference Center in New York City on Wednesday, December 8, 2010, at 2:40 p.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 at www.fortress.com. The audio replay of the webcast and presentation will be available online through Wednesday, December 22, 2010.

About Fortress

Fortress is a leading global investment manager with approximately $44.0 billion in assets under management as of September 30, 2010. Fortress offers alternative and traditional investment products and 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
Gordon E. Runté, 212-798-6082