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Andrew K. Woeber to Join Greenhill as a Managing Director

                 - Greenhill to Open San Francisco Office -

    NEW YORK, Jan. 10 /PRNewswire-FirstCall/ -- Greenhill & Co., Inc.
(NYSE: GHL), a leading independent investment bank, announced today that
Andrew K. Woeber will join the Firm as a Managing Director. Mr. Woeber, who
has been a Managing Director at Morgan Stanley based in San Francisco, will
open a San Francisco office for Greenhill.

    Mr. Woeber has been an investment banker at Morgan Stanley since 2000.
Prior to that, he worked in Mergers & Acquisitions at Merrill Lynch and was
an attorney with Cravath, Swaine & Moore.

    Robert F. Greenhill, Chairman of Greenhill, said "Andrew is an
outstanding investment banker with experience across a wide range of
industries. He is well positioned to help us open our first office on the
West Coast, where we already have many client relationships."

    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
SOURCE Greenhill & Co., Inc.




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