Media contact:

Judi Frost Mackey, +1 212 632 1428 judi.mackey@lazard.com

Investor contact:

Kathryn Harmon, +1 212 632 6637 kathryn.harmon@lazard.com

LAZARD DECLARES QUARTERLY DIVIDEND

NEW YORK, April 30, 2014 - Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.30 per share on its outstanding Class A common stock. The dividend is payable on May 23, 2014, to stockholders of record on May 12,
2014.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 40 cities across 26 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and
individuals. For more information on Lazard, please visit www.lazard.com.

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