2009-10-27 21:22:02 -

Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.125 per share on its outstanding Class A common stock. The dividend is payable on November 27, 2009, to stockholders of record on November 6, 2009.

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

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Lazard LtdMedia:Judi

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