News Release

The Carlyle Group Names Randall Whitestone Director of Communications for the Americas

2011-070

Washington, DC – Global alternative asset manager The Carlyle Group today announced that Randall Whitestone will join the firm as Principal and Director of Communications for the Americas. Mr. Whitestone, with more than 25 years of experience in corporate communications and financial journalism, comes to Carlyle from Neuberger Berman where he served as Global Head of Corporate Communications. He begins his duties today and is based in New York. Chris Ullman, Managing Director and Head of Global Communications, said, “I’ve known Randy for a decade. He’s thoughtful, focused, responsive and has great judgment. His varied background – as a reporter and corporate communicator – coupled with his financial acumen make him a natural fit at Carlyle, where we strive to communicate in a clear, honest and timely manner to a variety of internal and external constituencies. He will be a great asset to our OneCarlyle team.” Mr. Whitestone said, “I am excited to join Carlyle at such a significant time in the firm’s history. The firm’s depth, breadth and dedication to innovation help it stand out among alternative asset management firms, and I am thrilled to help share its story.” In this position, Mr. Whitestone will lead Carlyle’s varied communications activities in North and South America, including advising senior executives and investment professionals on external and internal communications strategies, as well advising and supporting portfolio companies. At Neuberger Berman, Mr. Whitestone established the firm’s Corporate Communications practice, helping brand the firm as it returned to independence following five years as part of a larger firm. Prior to joining Neuberger Berman, Mr. Whitestone served as Senior Vice President of Corporate Communications at Lehman Brothers where he was the Global Head of Media Relations for the Investment Management and Mortgage Capital divisions, as well as chief editor of the firm’s annual report. Prior to entering corporate communications, Mr. Whitestone was a reporter for nearly 20 years, including stints at Bloomberg News, American Digital Media and The Associated Press. Mr. Whitestone is a graduate of the University of Rochester and earned his MBA from the University of Pennsylvania, The Wharton School. * * * * * About The Carlyle Group The Carlyle Group is a global alternative asset manager with approximately $153 billion of assets under management across 86 funds and 49 fund of fund vehicles as of June 30, 2011*. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America focusing on aerospace, defense, & government services, consumer & retail, energy, financial services, healthcare, industrial, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,100 people in 34 offices across six continents. (*Includes acquisitions of AlpInvest Partners B.V. and Emerging Sovereign Group LLC on July 1, 2011.) Web: www.carlyle.com Video: www.youtube.com/OneCarlyle.