Douglas Black, Q.C. to Join Greenhill as a Senior Advisor

    NEW YORK, Oct. 29 /CNW/ -- Greenhill & Co., Inc. (NYSE:   GHL), a leading
independent investment bank, announced today that Douglas Black, Q.C. will
join the Firm as a Senior Advisor based in Calgary, Alberta.  Mr. Black, who
has a distinguished legal and business career in Canada, will focus on
expanding Greenhill's advisory activities in that market. Greenhill serves the
Canadian market through its office in Toronto.
    Mr. Black is currently Vice Chairman of Fraser Milner Casgrain LLP, a
prominent Canadian law firm.  Mr. Black also serves on the Boards of Prime
Restaurants Royalty Income Trust and Spectra Energy Income Fund, both of which
are listed on Canadian stock exchanges, as well as on the Boards of various
private companies and philanthropic organizations.
    Robert F. Greenhill, Chairman of Greenhill, said "Mr. Black, who is a
distinguished leader in the legal and business communities in Canada, will
focus on expanding Greenhill's advisory activities in that market."
    Mr. Black said, "Greenhill's focus on independent advice, combined with
its strong presence in Canada as well as throughout the U.S. and Europe, made
it an attractive opportunity.  I look forward to helping the Firm continue to
build its Canadian presence, particularly with leading companies in western
    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.

    Contact: John D. Liu,
             Chief Financial Officer
             Greenhill & Co., Inc.
             (212) 389-1800

For further information:

For further information: John D. Liu, Chief Financial Officer, Greenhill
&  Co., Inc., +1-212-389-1800

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