Press Release

Fortress to Release Second Quarter 2012 Results and Announce Second Quarter 2012 Dividend on August 2, 2012

Company Release - 7/24/2012 9:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) plans to announce its results and dividend for the second quarter 2012 on Thursday, August 2, 2012 at approximately 7:00 A.M. Eastern Time. A copy of the press release will be posted to the Investor Relations section of Fortress’s website, www.fortress.com.

In addition, management will host a conference call on August 2, 2012 at 10:00 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 Second 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 Thursday, August 9, 2012 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 “10076418.”

About Fortress

Fortress Investment Group LLC (NYSE: FIG) is a leading, highly diversified global investment management firm. Fortress applies its deep experience and specialized expertise across a range of investment strategies - private equity, credit, liquid hedge funds and traditional fixed income - on behalf of over 1,400 institutional clients and private investors worldwide. For more information regarding Fortress Investment Group LLC or to be added to its e-mail distribution list, please visit www.fortress.com.

Fortress Investment Group LLC
Gordon E. Runté, 1-212-798-6032

Source: Fortress Investment Group LLC