Greenhill & Co. Reports Record Annual Revenue and Earnings; Dividend Increased to $0.45

NEW YORK, January 31, 2008 – Greenhill & Co., Inc. (NYSE: GHL) today reported revenues of $400.4 million and net income of $115.3 million for the year ended December 31, 2007. Diluted earnings per share were $4.01 per share for the year ended December 31, 2007.