CB Richard Ellis Group, Inc. Announces Fourth Quarter 2006 Earnings Conference Call and Webcast

Business Wire, Jan 30, 2007

LOS ANGELES -- CB Richard Ellis Group, Inc. (NYSE:CBG) announced today that it will release its Fourth Quarter 2006 results after the close of the New York Stock Exchange on Tuesday, February 6, 2007. Management will conduct a conference call with shareholders, analysts and investors on Wednesday, February 7, 2007 at 10:30 a.m. Eastern Standard Time (EST).

A live webcast of the conference call, including a PowerPoint presentation, may be accessed through the Investor Relations section of the Company's Web site at www.cbre.com. The PowerPoint slides will be made available for download immediately following the call. The webcast will be available on the Company's Web site for three months.

The direct dial-in number for the conference call is 800-553-0273 for U.S. callers and 612-332-0923 for international callers. A replay of the call will be available for two weeks starting at 2:00 p.m. EST on February 7, 2007 and ending at midnight EST on February 21, 2007. The dial in number for the replay is 800-475-6701 (U.S. callers) and 320-365-3844 (for international callers). The access code for the replay is 861305.

About CB Richard Ellis

CB Richard Ellis Group, Inc. (NYSE:CBG), an S&P 500 company headquartered in Los Angeles, California, is the world's largest commercial real estate services firm (in terms of 2005 revenue). With approximately 21,000 employees, the Company serves real estate owners, investors and occupiers through more than 200 offices worldwide (excluding affiliate and partner offices). CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; research and consulting. Please visit our Web site at www.cbre.com.