Anthony Fry Joins Evercore

Anthony Fry next month will join Evercore Partners as a London-based senior managing director in the firm's advisory business. He formerly was with Lehman Brothers, as head of UK investment banking and chairman of the media group.



Evercore Partners Inc. (NYSE: EVR) announced today that Anthony Fry will join the firm's Advisory business as a Senior Managing Director, based in Evercore's London office on January 1st, 2008.

Anthony Fry joins from Lehman Brothers, where he was Head of UK Investment Banking and Chairman of the Media Group and subsequently Senior Advisor. During his three years at Lehman Brothers, he established Lehman as a significant force in both investment banking, leading the successful defenses of The London Stock Exchange, and corporate broking, notably on behalf of Lloyds TSB.

“I am delighted to welcome Anthony to Evercore,” said Bernard Taylor, Vice Chairman of Evercore Partners and Chief Executive of Evercore Partners Limited. “Anthony will bring new relationships to the firm as well as more client and transactional experience to the business in Europe and his appointment caps what has been a very successful year for us. Evercore's advisory business in Europe remains focused on providing the highest quality advice to clients and is able to recruit top quality individuals to the firm.”

Anthony Fry said, “There has never been a more compelling need for clear, independent advice, which is free from conflicts. Evercore is one of the most inventive and successful boutique advisory firms and I look forward to working with the team to continue to grow the business.”

Anthony is the third Senior Managing Director to join Evercore's European business this year, following the appointments of Ian Ferguson from Merrill Lynch and Edward Banks from JPMorgan Cazenove in September.

Notes to Editors

Anthony Fry

Anthony Fry has spent more than 30 years working around the world as an investment banker for the Rothschild Group, Credit Suisse and Lehman Brothers. He has been involved in many ground breaking transactions including the privatizations in the UK in the 1980s, the launch of the National Lottery in the 1990s and the defenses of the London Stock Exchange over the last three years. As Global Head of the Media business and European Head of Telecoms at Credit Suisse, he built Europe's leading media franchise, working with every significant European media company including the BBC, BSkyB and Vivendi. He has just returned from a spell at Harvard Business School, where he attended the Advanced Management Program. He has held a number of non-executive positions at companies including Southern Water, the BSI, Mowlem and is currently on the Board of Dairy Crest. He also serves on the boards of numerous charitable foundations and academic institutions including SOAS, The London Academy of Music and Dramatic Art and The Edinburgh International Television Festival.

About Evercore Partners

Evercore Partners is a leading investment banking boutique and investment firm. Evercore's Advisory business counsels its clients on mergers, acquisitions, divestitures, restructurings and other strategic transactions. Evercore's Investment Management business manages private equity funds and traditional asset management services for sophisticated institutional investors. Evercore serves a diverse set of clients around the world from its offices in New York, Los Angeles, San Francisco, London, Mexico City and Monterrey, Mexico. More information about Evercore can be found on the firm's Web site at .

Evercore Europe, based in London, was established in 2006 following Evercore's acquisition of Braveheart Financial Services Limited, and has 22 employees including Chief Executive, Bernard Taylor, and Senior Managing Directors, Julian Oakley, Lord Michael Forsyth, Philippe Camus, Edward Banks and Ian Ferguson, in addition to Anthony Fry when he joins in January.

Evercore has advised on some of the largest and most complex European M&A transactions over the past two years, including VNU's US$11.6 billion sale to a private equity consortium, Credit Suisse's US$9.9 billion sale of its Winterthur insurance unit to AXA, UCB's euro 4.4 billion acquisition of Schwarz Pharma, Smiths Group Plc's US$5.1 billion sale of its Aerospace division to GE and Gedeon Richter of Hungary's proposed US$1.3 billion acquisition of Polpharma in Poland. EVR-N.