CB Richard Ellis Group, Inc. to Present at Lehman Brothers Global Services Conference

Business Wire, June 6, 2007

LOS ANGELES -- CB Richard Ellis Group, Inc. (NYSE:CBG) announced today that the Company's Chief Financial Officer, Kenneth J. Kay will present at the Lehman Brothers Global Services Conference in New York City on Thursday, June 7, 2007 at 8:00 a.m. EDT.

A live audio webcast of the presentation will be available online on the home page of the Investor Relations section of the Company's Web site at www.cbre.com/ir. A replay of the webcast will be available within 48 hours of the live presentation and will be archived on the Investor Relations section of the Web site for 90 days following the conference.

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 2006 revenue). With over 24,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 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; and research and consulting. In 2007, BusinessWeek named CB Richard Ellis one of the 50 "best in class" companies across all industries. Please visit our Web site at www.cbre.com.