Estate of Bruce Wasserstein and Related Trusts to
Sell Common Stock in a Secondary Offering
March 16, 2010 05:24 PM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Lazard Ltd (NYSE: LAZ) announced today that the Estate of
Bruce Wasserstein and certain related trusts, together with certain current and former managing directors of Lazard
Ltd, have agreed to sell 7,869,311 of their shares of Lazard Ltd Class A common stock in an underwritten public
offering. Lazard will not receive any proceeds from the sale of shares in the offering. Approximately 97% of the
shares in the offering are being sold by the Estate of Mr. Bruce Wasserstein and certain related trusts.
Goldman, Sachs & Co. will act as sole underwriter of the offering. Copies of the preliminary prospectus supplement
and accompanying prospectus relating to the offering may be obtained by contacting: Goldman Sachs Prospectus
Department, Goldman, Sachs & Co., 200 West Street, New York, NY 10282.
Attention: Prospectus Department (1-866-471-2526).
The shares will be issued pursuant to a shelf registration statement that was filed today with the Securities and
Exchange Commission. This announcement does not constitute an offer to sell or the solicitation of an offer to buy
these securities, nor shall there be any sale of these securities in any jurisdiction in which the offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
About Lazard
Lazard, one of the world’s preeminent financial advisory and asset management firms, operates from 40 cities across
25 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 informatio