NEW YORK, Nov. 28 /PRNewswire-FirstCall/ -- Greenhill & Co., Inc. (NYSE: GHL), a leading independent investment bank, announced today that John P. Frazee, Jr. will join the Firm as a Senior Advisor. Mr. Frazee, who has had a distinguished career in the telecommunications industry and served on boards of directors in a variety of other industries, will focus on expanding Greenhill's advisory activities. Mr. Frazee is the retired President/COO and Director of Sprint Corporation and the retired Chairman and CEO of Centel Corporation, which merged with Sprint in 1993. Mr. Frazee spent over 35 years in the telecommunications industry, starting his career with the Bell system in 1966 before joining Centel in 1972. Later, he became the Chairman and CEO of PageNet, a wireless messaging company, until 1999 when the company was sold to Arch Telecommunication. Mr. Frazee is a director of Verde Realty, LLC, Cabot Microelectronics Corp. (NASDAQ:CCMP), C-SPAN and Children's Choice Learning Centers, LLC. He previously served as Chairman of the Board of C-SPAN. He is a former director of Dean Foods, EMS Technologies, Nalco Chemical Company, Midway Airlines, Harris Bancorp, PageNet, Homestead Village, Inc., and Security Capital Group, and was a public director of the Chicago Board Options Exchange (CBOE). Robert F. Greenhill, Chairman of Greenhill, said "Jack has deep expertise in the telecom sector and broad experience across many other industries. Our clients and partners will benefit from his experience and judgment." Mr. Frazee said, "I have known several of the Greenhill partners and have great respect for the breadth and expertise of the Firm they have built. I believe companies will increasingly choose an independent firm like Greenhill when considering complex merger and acquisition transactions." 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 DATASOURCE: Greenhill & Co., Inc. CONTACT: John D. Liu, Chief Financial Officer of Greenhill & Co., Inc., +1-212-389-1800

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