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Press release from Business Wire

Oaktree Schedules First Quarter 2012 Earnings Conference Call for May 10, 2012

<p class='bwalignc'> <b>11:00 a.m. Eastern Time/ 8:00 a.m. Pacific Time</b> </p>

Thursday, April 26, 2012

Oaktree Schedules First Quarter 2012 Earnings Conference Call for May 10, 201212:02 EDT Thursday, April 26, 2012 LOS ANGELES (Business Wire) -- Oaktree Capital Group, LLC (NYSE: OAK) today announced that it will report first quarter 2012 financial results prior to the opening of the New York Stock Exchange on Thursday, May 10, 2012. Management will host a conference call to discuss the results on the same day at 11:00 a.m. Eastern Time/ 8:00 a.m. Pacific Time. The conference call may be accessed by dialing (888) 769-9724 (U.S. callers) or +1 (415) 228-4639 (non-U.S. callers), participant password OAKTREE. Alternatively, a live webcast of the conference call can be accessed by interested parties through the Unitholders – Investor Relations section of the Oaktree website, http://ir.oaktreecapital.com/. For those individuals unable to listen to the live broadcast of the conference call, a replay will be available for 30 days on Oaktree's website, or by dialing (800) 688-2171 (U.S. callers) or +1 (402) 998-0565 (non-U.S. callers), beginning approximately one hour after the broadcast. About Oaktree Oaktree is a leading global investment management firm focused on alternative markets, with $74.9 billion in assets under management as of December 31, 2011. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in distressed debt, corporate debt (including high yield debt and senior loans), control investing, convertible securities, real estate and listed equities. Headquartered in Los Angeles, the firm has over 650 employees and offices in 13 cities worldwide. For additional information, please visit Oaktree's website at www.oaktreecapital.com. Oaktree Capital Group, LLCInvestor RelationsAndrea D. Williams(213) 830-6483investorrelations@oaktreecapital.com