Business Services Industry

CB Richard Ellis Group, Inc. Reports First Quarter 2008 Revenue of $1.2 Billion and Earnings Per Share of $0.15

Business Wire, April 29, 2008

Additional information concerning factors that may influence the Company's financial information is discussed under "Risk Factors", "Management's Discussion and Analysis of Financial Condition and Results of Operations", "Quantitative and Qualitative Disclosures About Market Risk" and "Forward-Looking Statements" in our Annual Report on Form 10-K for the year ended December 31, 2007, as well as in the Company's press releases and other periodic filings with the Securities and Exchange Commission.

Such filings are available publicly and may be obtained off the Company's Web site at www.cbre.com or upon request from the CB Richard Ellis Investor Relations Department at investorrelations@cbre.com.

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