Michael J. Castellano, Chief Financial Officer, Lazard, to Present at Keefe, Bruyette & Woods 2009 Securities Brokerage & Market Structure Conference on November 5, 2009

NEW YORK--(Business Wire)--
Michael J. Castellano, Chief Financial Officer of Lazard Ltd (NYSE: LAZ), is
scheduled to deliver a presentation at the Keefe, Bruyette & Woods 2009
Securities Brokerage & Market Structure Conference on Thursday, November 5,
2009, at 8:45 a.m. EST.

The presentation will be available via a live audio webcast on the Lazard
Investor Relations site at www.lazard.com. A replay will be available on the
same website by the next day, and for 14 days following the conference.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management
firms, operates from 39 cities across 24 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, strategic matters,
restructuring and capital structure, capital raising and corporate finance, 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.

Lazard Ltd
Media:
Judi Frost Mackey, +1-212-632-1428
judi.mackey@lazard.com
or
Investors:
Investor Relations, +1-212-632-2685
or 1-877-266-8601 (US only)
investorrelations@lazard.com

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