Shaun Finnie to Join Evercore Partners as a Senior Managing Director to Lead its Oil and Gas Acquisition and Divestiture Advisory Business and Lance Dardis to Join as Managing Director

Evercore Partners Inc. (NYSE: EVR) announced today that Shaun Finnie has agreed to join the firm’s Investment Banking group as a Senior Managing Director and Head of its Oil and Gas Acquisition and Divestiture advisory business based in Houston. This business will focus on providing advice to companies in the Oil and Gas Industry with respect to their Exploration and Production assets.

Mr. Finnie was most recently a Managing Director and Head of Mergers and Acquisitions for Scotia Waterous in the U.S., focusing on oil and gas acquisition and divestiture transactions. He has been with Scotia Waterous (and Scotia Capital) since 2003. Prior to that, he was an oil and gas banker at Goldman Sachs. Mr. Finnie began his career as a corporate lawyer specializing in oil and gas transactions and has been advising oil and gas exploration and production companies as a lawyer and banker for over 20 years, including advising Hunt Oil, Peak Energy, Comstock Resources and Encana on recent transactions. Mr. Finnie received his MBA from the Kellogg School of Management at Northwestern, his law degree from The University of Western Ontario and his Bachelor of Arts degree from the University of Saskatchewan.

Lance Dardis also has agreed to join Evercore’s Investment Banking group as a Managing Director in the firm’s Oil and Gas Acquisition and Divestiture advisory business based in Houston. Mr. Dardis will join Evercore from Scotia Waterous, where he has been responsible for managing client relationships and leading deal teams, primarily involving acquisitions and divestitures for exploration and production clients, including ConocoPhillips on its divestiture of Permian, Panhandle and Rockies assets to multiple buyers and, most recently, Panther Energy and Red Willow Production Company on their sale of a 40% interest in their Texas and Oklahoma assets to Linn Energy. Mr. Dardis also has been involved in a number of company transactions, including Bois d’Arc Energy’s merger with Stone Energy and Taylor Energy’s sale to Korea National Oil Corporation and Samsung Corporation.

In addition, engineers Jerry Smith and Doug Rogers from Scotia Waterous have agreed to join Evercore as Vice Presidents. Mr. Smith and Mr. Rogers both received their MBAs at the University of Texas, their undergraduate degrees in chemical engineering and began their careers at ExxonMobil where they were reservoir engineers.

"We believe that the oil and gas industry is absolutely central to global economics and these hires demonstrate our commitment to further building a world-class effort in that sector,” said Roger Altman, Evercore Chairman. "The oil and gas acquisition and divestiture business will be a strong complement to our existing corporate advisory business for our upstream and midstream clients.”

About Evercore Partners

Evercore Partners is a leading independent investment banking advisory firm. Evercore’s Investment Banking business advises its clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions and also provides institutional investors with high quality research, sales and trading execution that is free of the conflicts created by proprietary activities; Evercore’s investment management business comprises wealth management, institutional asset management and private equity investing. Evercore serves a diverse set of clients around the world from its offices in New York, Boston, Houston, Los Angeles, San Francisco, Washington D.C., London, Mexico City and Monterrey, Mexico, Hong Kong and Rio de Janeiro and São Paulo, Brazil. More information about Evercore can be found on the Company’s website at www.evercore.com.