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Press release from Business Wire

Oaktree Schedules Second Quarter 2013 Earnings Conference Call for August 6, 2013

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

Tuesday, July 16, 2013

Oaktree Schedules Second Quarter 2013 Earnings Conference Call for August 6, 2013

08:00 EDT Tuesday, July 16, 2013

LOS ANGELES (Business Wire) -- Oaktree Capital Group, LLC (NYSE:OAK) today announced that it will report second quarter 2013 financial results prior to the opening of the New York Stock Exchange on Tuesday, August 6, 2013. 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) 839-8796 (U.S. callers) or +1 (402) 998-0578 (non-U.S. callers), beginning approximately one hour after the broadcast.

About Oaktree

Oaktree is a leader among global investment managers specializing in alternative investments, with $78.8 billion in assets under management as of March 31, 2013. 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 700 employees and offices in 13 cities worldwide. For additional information, please visit Oaktree's website at www.oaktreecapital.com.

Investor Relations:
Oaktree Capital Group, LLC
Andrea D. Williams
(213) 830-6483
investorrelations@oaktreecapital.com

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