Oaktree To Present At Bank Of America Merrill Lynch Banking And Financial Services Conference On November 14, 2012

Oaktree Capital Group, LLC (NYSE: OAK) announced today that David Kirchheimer, Chief Financial Officer, will present at the Bank of America Merrill Lynch Banking and Financial Services Conference on November 14, 2012 at 8:50 AM ET.

A live audio webcast of the presentation will be available on the Unitholders section of Oaktree's website at http://www.oaktreecapital.com/. For those unable to listen to the live audio webcast, a replay will be available on the website shortly after the event.

Please direct any questions regarding the webcast to Oaktree's Investor Relations group at investorrelations@oaktreecapital.com.

About Oaktree

Oaktree is a leading global investment management firm focused on alternative markets, with $81.0 billion in assets under management as of September 30, 2012. 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 http://www.oaktreecapital.com/.

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