CORRECTING and REPLACING GLG Partners to Present at KBW Diversified Financial Services Conference

NEW YORK--(Business Wire)--
First graph of release dated May 21, 2009, should read: GLG Partners, Inc.
("GLG") (NYSE: GLG), the U.S.-listed asset manager, today announced that Jeffrey
Rojek, Chief Financial Officer of GLG, will present at the KBW Diversified
Financial Services Conference in New York on Thursday, June 4, 2009 at 1:20 PM
EDT / 6:20 PM BST (sted 3:25 PM EDT / 8:25 PM BST).

The corrected release reads:

GLG PARTNERS TO PRESENT AT KBW DIVERSIFIED FINANCIAL SERVICES CONFERENCE

GLG Partners, Inc. ("GLG") (NYSE: GLG), the U.S.-listed asset manager, today
announced that Jeffrey Rojek, Chief Financial Officer of GLG, will present at
the KBW Diversified Financial Services Conference in New York on Thursday, June
4, 2009 at 1:20 PM EDT / 6:20 PM BST.

A live audio webcast of the presentation can be accessed via the Investor
Relations section of GLG`s website at www.glgpartners.com. A replay of the
webcast will be available within 24 hours of the event.

About GLG

GLG is a U.S.-listed asset management company offering its base of long-standing
prestigious clients a diverse range of alternative and traditional investment
products and account management services. GLG`s focus is on preserving client`s
capital and achieving consistent, superior absolute returns with low volatility
and low correlations to both the equity and fixed income markets. Since its
inception in 1995, GLG has built on the roots of its founders in the private
wealth management industry to develop into one of the world`s largest and most
recognized alternative investment managers with a growing presence in the
traditional long-only investment product market. As of March 31, 2009, GLG
managed net AUM of over $14 billion.

Investors/analysts:
GLG:
Jeffrey Rojek, +1 212-224-7245
Chief Financial Officer
jeffrey.rojek@glgpartners.com
or
Michael Hodes, +1 212-224-7223
Director of Public Markets
michael.hodes@glgpartners.com
or
Media:
Finsbury:
Rupert Younger / Talia Druker
+44 (0)207 251 3801
glg@finsbury.com
or
Andy Merrill / Stephanie Linehan
+ 1 212 303 7600
glg@finsbury.com

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