Pzena Investment Management, Inc. (NYSE: PZN) today announced that it will hold a conference call to discuss the Company’s financial results and outlook at 10:00 a.m. ET, Wednesday, October 28, 2009. The call will be open to the public.

Webcast Instructions: To gain access to the webcast, which will be "listen-only," go to the Events page in the Investor Relations area of our website, www.pzena.com.

Teleconference Instructions: To gain access to the conference call via telephone, U.S./Canada callers should dial 877-820-5027; international callers should dial 706-679-9396. The conference ID number is 36176452.

Replay: The conference call will be available for replay through November 4, 2009, on the web using the information given above.

About Pzena

Pzena Investment Management, LLC, the firm’s operating company, is a value-oriented investment management firm. Founded in 1995, Pzena Investment Management has built a diverse, global client base. More firm and stock information is posted at www.pzena.com.

Contacts:

Pzena Investment Management, Inc.
Lawrence Kohn, 212-355-1600
kohn@pzena.com