Greenhill & Co. Reports First Quarter Earnings per Share of $0.29; Share Repurchase Authority Increased to $150 Million

NEW YORK, April 26, 2007 – Greenhill & Co., Inc. (NYSE: GHL) today reported revenues of $43.5 million and net income of $8.7 million for the quarter ended March 31, 2007. Diluted earnings per share were $0.29 per share for the quarter.