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 Lazard
March 11, 2008 04:58 PM Eastern Daylight Time 

Lazard Hires Brendan Dyson as Managing Director in Corporate Finance Advisory Group

– Enhances Firm’s Convertible Securities Advisory Effort –

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today announced that Brendan Dyson has joined the firm as a Managing Director in its Corporate Finance Advisory group. Mr. Dyson, 49, was recently Managing Director and Convertible Securities Group Head at Piper Jaffray. Based in San Francisco, he will lead a new convertible securities advisory team, enhancing the firm’s current Corporate Finance Advisory business.

“He and his team will support our existing Corporate Finance Advisory business, and bolster our efforts on the West Coast.”

“Brendan is a top-tier convertible securities professional, who has built his 25-year career on providing quality service and advice to clients on complex refinancing and corporate finance,” said Kenneth Jacobs, CEO of Lazard North America. “He and his team will support our existing Corporate Finance Advisory business, and bolster our efforts on the West Coast.”

While at Piper Jaffray from 2002 until 2007, Mr. Dyson led the convertible origination, advisory and sales and trading practice. Prior to joining Piper Jaffray, he was a Managing Director with Robertson Stephens for ten years, where he founded and built its convertible securities desk.

Lazard’s Corporate Finance Advisory group provides advice to corporations with respect to all forms of public and private equity, and equity-linked financings.

About Lazard

Lazard, one of the world’s preeminent financial advisory and asset management firms, operates from 39 cities across 21 countries in North America, Europe, Australia, Asia and South America. 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.

Contacts

Lazard
Judi Mackey, +1 212-632-1428
judi.mackey@lazard.com
or
Richard Creswell, +44 207 187 2305
richard.creswell@lazard.com

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