CB Richard Ellis Group, Inc. Announces First Quarter 2008 Earnings Conference Call and Webcast

Business Wire, April 21, 2008

LOS ANGELES -- CB Richard Ellis Group, Inc. (NYSE:CBG) will release its first quarter 2008 results after the market close on Tuesday, April 29, 2008. Management will conduct a conference call to discuss results on Wednesday, April 30, 2008 at 10:30 a.m. Eastern Daylight Time.

The call will be webcast by Thomson/CCBN and accessible through the Investor Relations section of the Company's Web site at www.cbre.com, along with a supplementary slide presentation.

Dial-in details are listed below:

* Live: 888-428-4480 or 612-332-0107

* Replay: 800-475-6701 or 320-365-3844 - passcode #917661

The telephone replay will be available for two weeks following the event, and the webcast replay and the slides will be available for three months thereafter.

About CB Richard Ellis

CB Richard Ellis Group, Inc. (NYSE:CBG), an S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2007 revenue). With over 29,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate 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. CB Richard Ellis is the only commercial real estate services company named one of the 50 "best in class" companies by BusinessWeek, and was also named one of the 100 fastest growing companies by Fortune. Please visit our Web site at www.cbre.com.