GHL Acquisition Corp. Files Registration Statement for Initial Public Offering


NEW YORK, November 30, 2007 – Greenhill & Co., Inc. (NYSE: GHL), a leading independent investment bank, announced today that a registration statement on Form S-1 has been filed with the Securities and Exchange Commission for an initial public offering of units of GHL Acquisition Corp. (the “Company”).

GHL Acquisition Corp. is a newly incorporated special purpose acquisition corporation formed for the purpose of acquiring one or more businesses or assets. GHL Acquisition Corp. is proposing to offer to sell 40,000,000 units, consisting of one share of common stock and one warrant to purchase one share of common stock per unit, at an offering price of $10.00 per unit. The net proceeds of the offering will be held in trust pending the completion of an acquisition. The timing of the offering is subject to market conditions, regulatory approvals and certain other conditions.

Banc of America Securities LLC will act as sole book running manager of the offering.

The information contained herein does not constitute an offer of securities for sale. Securities may not be offered or sold in the United States unless they are registered under applicable law or exempt from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus and will contain detailed information about the Company and its management, as well as financial statements.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective.

A copy of the prospectus can be obtained from Banc of America Securities LLC, Capital Markets (Prospectus Fulfillment) by e-mail to or by mail to Banc of America Securities LLC, Capital Markets Operations, 100 West 33rd Street, Third Floor, New York, N.Y. 10001.

Greenhill & Co., Inc. is a leading independent investment bank that provides financial advice on significant mergers, acquisitions and restructurings and manages merchant banking funds. It acts for clients located throughout the world from its offices in New York, London, Frankfurt, Toronto and Dallas.