Nov 09, 2007

Blackstone to Present at the 2007 Merrill Lynch Banking and Financial Services Investor Conference

New York, November 9, 2007: The Blackstone Group L.P. (NYSE:BX) today announced that Stephen A. Schwarzman, Chairman, CEO and Co-Founder of The Blackstone Group, is scheduled to present at the 2007 Merrill Lynch Banking & Financial Services Investor Conference on Wednesday, November 14, 2007 at 12:10 pm. A live audio webcast of the presentation will be available on the Investor Relations section of our website at https://ir.blackstone.com/investors/events/. For those unable to listen to the live audio webcast, a replay will be available on our website shortly after the event. Please direct any questions regarding obtaining access to the webcast to Blackstone’s Investor Relations group at BlackstoneInvestorRelations@blackstone.com.

About The Blackstone Group

The Blackstone Group is a leading global alternative asset manager and provider of financial advisory services. Its alternative asset management businesses include the management of corporate private equity funds, real estate opportunity funds, funds of hedge funds, mezzanine funds, senior debt vehicles, proprietary hedge funds and closed-end mutual funds. The Blackstone Group also provides various financial advisory services, including mergers and acquisitions advisory, restructuring and reorganization advisory and fund placement services. Further information is available at china.blackstone.com