Press Release

Fortress to Release Third Quarter Results on November 3, 2011

Company Release - 10/20/2011 5:26 PM EDT

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) announced today that it will release its results for the third quarter of 2011 on Thursday, November 3, 2011 at approximately 6:30 A.M. Eastern Time. A copy of the earnings release will be available through the Investor Relations section of Fortress’s website, www.fortress.com.

In addition, management will host a conference call on November 3, 2011 at 8:30 A.M. Eastern Time. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-877-717-3044 (from within the U.S.) or 1-706-679-1521 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference “Fortress Third Quarter Earnings Call.”

A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.fortress.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.

A telephonic replay of the conference call will also be available until 11:59 P.M. Eastern Time on Friday, November 11, 2011 by dialing 1-855-859-2056 (from within the U.S.) or 1-404-537-3406 (from outside of the U.S.); please reference access code “18039227.”

About Fortress

Fortress is a leading, diversified 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.

Fortress Investment Group LLC
Gordon E. Runté, 1-212-798-6082

Source: Fortress Investment Group LLC