Lazard, Inc. — Director's Dealing 2011

May 12, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2011-05-09

Reporting Person: Hittner Richard (Chief Accounting Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Class A Common Stock (17650)		Direct

Footnotes

F1: Of the 17,650 Restricted Stock Units listed, 1,474 vest on March 1, 2012; 12,966 vest on March 1, 2013; and 3,210 vest on March 3, 2014.

F2: Each Restricted Stock Unit represents a contingent right to receive one share of Class A common stock of Lazard Ltd.