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Evercore Partners Reports Second Quarter 2012 Results; Quarterly Dividend Of $0.20 Per Share

Evercore Partners Inc. (NYSE: EVR) today announced that its Adjusted Pro Forma Net Revenues were $172.1 million for the quarter ended June 30, 2012, compared with $140.2 million and $105.5 million for the quarters ended June 30, 2011 and March 31, 2012, respectively. Adjusted Pro Forma Net Revenues of $277.6 million were a record for the first six months of the year, compared to $245.6 million for the six months ended June 30, 2011. Adjusted Pro Forma Net Income from Continuing Operations Attributable to Evercore Partners Inc. was $21.2 million, or $0.49 per share, for the quarter ended June 30, 2012, compared to $17.8 million, or $0.43 per share, for the quarter ended June 30, 2011 and $4.3 million, or $0.10 per share, for the quarter ended March 31, 2012. Adjusted Pro Forma Net Income from Continuing Operations Attributable to Evercore Partners Inc. was $25.5 million, or $0.58 per share, for the six months ended June 30, 2012, compared to $29.3 million, or $0.71 per share, for the six months ended June 30, 2011.

U.S. GAAP Net Revenues were $172.5 million for the quarter ended June 30, 2012, compared to $141.2 million and $102.8 million for the quarters ended June 30, 2011 and March 31, 2012, respectively. U.S. GAAP Net Revenues were $275.3 million for the six months ended June 30, 2012, compared to $248.3 million for the six months ended June 30, 2011. U.S. GAAP Net Income (Loss) from Continuing Operations Attributable to Evercore Partners Inc. was $7.9 million, or $0.25 per share for the quarter ended June 30, 2012, compared to $2.3 million, or $0.08 per share, for the quarter ended June 30, 2011 and ($3.4) million, or ($0.12) per share, for the quarter ended March 31, 2012. U.S. GAAP Net Income from Continuing Operations Attributable to Evercore Partners Inc. was $4.6 million, or $0.14 per share, for the six months ended June 30, 2012, compared to $6.0 million, or $0.22 per share, for the six months ended June 30, 2011.

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