CBRE GROUP, INC. — Director's Dealing 2011

May 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CB RICHARD ELLIS GROUP INC (CBG)
CIK: 0001138118
Period of Report: 2011-05-10

Reporting Person: Kantor Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-10	Class A Common Stock	M	8847.0000	$6.3333	Acquired	33741.0000	Direct
2011-05-10	Class A Common Stock	S	8847.0000	$27.8017	Disposed	24894.0000	Direct
2011-05-11	Class A Common Stock	A	1697.0000	$0.0000	Acquired	26591.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-10	Stock Option (Right to Buy)	$6.3333	M	8847.0000	Disposed	2011-06-10	Class A Common Stock (8847.0000)	Direct
2011-05-11	Stock Option (Right to Buy)	$26.5000	A	1886.0000	Acquired	2018-05-11	Class A Common Stock (1886.0000)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $27.80 to $27.8028. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range.

F2: The May 11, 2011 stock and option awards reported hereunder were made pursuant to the issuer's director compensation policy.

F3: This option vested and became exercisable at a rate of one-twelfth (1/12th) per quarter over a period of three (3) years and became fully exercisable on June 30, 2007.

F4: This option vests and becomes exercisable at a rate of one-twelfth (1/12th) of the options per quarter over a period of three (3) years commencing on May 11, 2011.