Leiv Nergaard to Join Greenhill & Co. as a Senior Advisor


LONDON, November 9, 2006 — Greenhill & Co., Inc. [NYSE:GHL], a leading independent investment banking firm, announced today that Leiv Nergaard will join the firm as a Senior Adviser.

Mr. Nergaard is the Chairman of the leading Norwegian insurance company Storebrand ASA and Storebrand Liv AS, a member of Yara International ASA Board of Directors, Chairman of Joma International AS and has, in the past, served in the Board of Directors of many Norwegian companies.

Leiv Nergaard was most recently Senior Adviser to Norsk Hydro's Corporate Management (since 2003) and has previously served the company as President of Norsk Hydro Germany (2002-2003) and Executive Vice President and Chief Financial Officer(1991-2002). In total, he has served Norsk Hydro in various capacities for 38 years.

Mr. Nergaard is also on the board of the Norwegian German Chamber of Commerce, a member of the Norwegian Swedish Chamber of Commerce and is the Council Director for European Council of Chief Financial Officers.

Robert F. Greenhill, Chairman and CEO of Greenhill, said, "We are delighted that Leiv will join Greenhill and look forward to his contribution in growing and guiding our business in the Nordic region and throughout the world. Leiv is one of the most highly respected business leaders in Norway, with an extraordinary range of international experience. He is widely regarded throughout the business and financial community and brings strong relationships across the region.”

Greenhill & Co., Inc., founded in 1996, is a leading independent investment bank that provides financial advisory and merchant banking management services. It acts for clients throughout the world from its offices in New York, London, Frankfurt, Toronto and Dallas.