Greenhill Prices $228M Share Offering

Greenhill & Co., Inc. (NYSE: GHL - News), a leading independent investment banking firm, announced today that it priced an offering on July 30, 2009 of 3,000,000 shares currently owned by certain managing directors and senior advisors of Greenhill & Co. at $76.00 per share. The selling stockholders have granted the underwriters an option to purchase up to an additional 450,000 shares within a 30-day period to cover additional sales. The offering is expected to close on August 4, 2009, subject to customary closing conditions. Goldman, Sachs & Co. is acting as bookrunning manager for the offering, and William Blair & Company, JMP Securities, Keefe, Bruyette & Woods and Sandler O'Neill + Partners, L.P. are acting as co-managers for the offering.