Apollo Follow-UP

VERY IMPORTANT:

Something many people HAVE NOT picked up on:

"This prospectus relates solely to the resale of up to an aggregate of 29,824,540 Class A shares, representing Class A limited liability company interests of Apollo Global Management, LLC, by the selling shareholders identified in this prospectus (which term as used in this prospectus includes pledgees, donees, transferees or other successors-in-interest). The selling shareholders acquired the Class A shares in an exempt offering, which closed on August 8, 2007 and which we refer to as the “Rule 144A Offering.” We are registering the offer and sale of the Class A shares to satisfy registration rights we have granted to the selling shareholders. "*

The people selling shares on the NYSE are the ones who have gotten killed on the private Goldman Sachs market, and are looking to offload their shares to the public. This brings up a VERY important point:

If the brilliant people running CalPERS, the Abu Dahbi Investment Authority, and Apollo are selling, do you really want to be buying?

*via the SEC