Lazard Ltd to Announce First-Quarter 2008 Results

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) will announce its first-quarter 2008 results in a news release to be issued before the opening of the New York Stock Exchange on Tuesday, May 6, 2008.

In addition, Lazard will host its 2008 Annual Meeting of Shareholders at 8:30 a.m. EDT, also on May 6, 2008. The Annual Meeting can be accessed via a live, listen-only audio webcast available through Lazard’s Investor Relations website at www.lazard.com, or by dialing: 1 877-718-5098 (for the U.S. and Canada) or +1 719-325-4763 (outside of the U.S. and Canada), 15 minutes prior to the start of the call.

A replay of the Annual Meeting webcast will be available beginning at 11:00 a.m. EDT on May 6, 2008 through May 20, 2008, via the Lazard website, or by dialing: 1 888-203-1112 (for the U.S. and Canada) or +1 719-457-0820 (outside of the U.S. and Canada); the access code for the replay is 4396216.

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 39 cities across 21 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating back to 1848, the firm provides advice on mergers and acquisitions, restructuring and capital raising, as well as asset management services to corporations, partnerships, institutions, governments, and individuals. For more information on Lazard, please visit www.lazard.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements.” In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” and the negative of these terms and other comparable terminology. These forward-looking statements are not historical facts but instead represent only our belief regarding future results, many of which, by their nature, are inherently uncertain and outside of our control. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements.

These factors include, but are not limited to, those discussed in our Annual Report on Form 10-K under Item 1A “Risk Factors,” and also disclosed from time to time in reports on Forms 10-Q and 8-K including the following:

• A decline in general economic conditions or the global financial markets;
• Losses caused by financial or other problems experienced by third parties;
• Losses due to unidentified or unanticipated risks;
• A lack of liquidity, i.e., ready access to funds, for use in our businesses; and
• Competitive pressure.

Lazard Ltd is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations. To that end, Lazard and its operating companies use their websites to convey information about their businesses, including the anticipated release of quarterly financial results, quarterly financial, statistical and business-related information, and the posting of updates of assets under management in various hedge funds and mutual funds and other investment products managed by Lazard Asset Management LLC and its subsidiaries. Monthly updates of these funds will be posted to the Lazard Asset Management website (www.lazardnet.com) on the third business day following the end of each month. Investors can link to Lazard and its operating company websites through www.lazard.com.

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