Blackstone Inc. — Director's Dealing 2010

Jan 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Group L.P. (BX)
CIK: 0001393818
Period of Report: 2010-01-14

Reporting Person: HILL J TOMILSON (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-14	Common units representing limited partner interests	A	357820	—	Acquired	1012053	Direct

Footnotes

F1: Granted under the 2007 Equity Incentive Plan, as amended, 298,183 of these deferred restricted Blackstone L.P. common units will vest ratebly over three years on each anniversary of the grant date subject to Mr. Hill's continued employment with Blackstone. The other 59,637 of these deferred restricted Blackstone Group L.P. common units will vest on the three year anniversary of the grant date subject to Mr. Hill's continued employement with Blackstone. As these deferred restricted Blackstone Group L.P. common units vest, the underlying Blackstone Group L.P. common units will be delivered to the reporting person in accordance with the 2007 Equity Incentive Plan.