Asia PR News

NEW YORK, Sept. 28 /PRNewswire-AsiaNet/ –

Duff & Phelps Corporation (NYSE: DUF), a leading independent financial
advisory and investment banking firm, today announced the commencement of
trading of its Class A common stock on the New York Stock Exchange under the
ticker symbol "DUF." The company raised approximately $132,800,000 through its
initial public offering, which consisted of 8,300,000 shares of Class A common
stock priced at $16 per share.

Noah Gottdiener, Chairman and Chief Executive Officer, said, "We are
delighted to celebrate this milestone in the continued evolution of Duff &
Phelps, as we embark upon the next phase of our development. Our commitment to
creating value for our new shareholders is rooted in our corporate mission:
protecting, recovering and maximizing value for our clients. Our key strengths
– independence in offering unbiased advice on highly technical value
assessment issues, a strong brand name and global scale — position us for
unique growth opportunities going forward. At the same time, we believe that
our broad and well-balanced service offerings, as well as our diversified
client base, provide us with stability across economic cycles."

Gerry Creagh, President, said, "The success of our franchise is due to the
quality of our professionals and the strength of our relationships with our
global client base. We look forward to deploying the capital we have raised
towards building the future of our company. As we move forward to realize our
potential, we extend our thanks and appreciation to our employees and clients
across the globe, as well as a warm welcome to our new shareholders."

Recently, Duff & Phelps disclosed the formation of a strategic alliance
with Shinsei Bank that the company expects will facilitate the expansion of its
business throughout Japan and Asia. As part of this alliance, Shinsei Bank has
acquired an approximately 10% minority equity stake in Duff & Phelps.

The listing requirements of the New York Stock Exchange require that Duff &
Phelps Corporation disclose that additional information is available upon which
the New York Stock Exchange relied to list the company, and is included in Duff
& Phelps Corporation’s listing application. Such information is available to
the public upon request.

About Duff & Phelps
Duff and Phelps Corporation (NYSE: DUF) is a leading provider of
independent financial advisory and investment banking services, supporting
client needs principally in the areas of valuation, transactions, financial
restructurings and disputes. Founded in 1932, the company’s mission is to
protect, recover and maximize value for its clients, by providing independent
and unbiased advice on issues related to highly technical and complex
assessments of value. Services include financial reporting valuation, tax
services, real estate and fixed asset services, M&A advisory, corporate finance
consulting, fairness and solvency opinions, restructuring advisory, and dispute
and legal management consulting. Investment banking services are provided by
Duff & Phelps Securities, LLC. For more information, visit www.duffandphelps.com

Forward-Looking and Cautionary Statements

This press release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act, with respect to our
future performance, operating results, strategy, and other future events. Such
statements generally include words such as could, can, anticipate, believe,
expect, seek, pursue, and similar words and terms, in connection with any
discussion of future results. Forward-looking statements involve a number of
assumptions, risks, and uncertainties, any of which may cause actual results to
differ materially from the anticipated, estimated or projected results
referenced in forward-looking statements. In particular, the forward-looking
statements of Duff & Phelps Corporation and its subsidiaries are subject to the
following risks and uncertainties: changes in political, economic, or industry
conditions; the impact of legislative and regulatory actions, including without
limitation, actions by the Securities and Exchange Commission; and terrorist
activities and international hostilities, which may affect the general economy.
We assume no obligation to update or supplement our forward-looking statements.

Investor Relations Media Relations
Breanna Downes Sherri Saltzman
(212) 871-7700 (973) 775-8329
Breanna.DownesIR@duffandphelps.com Sherri.Saltzman@duffandphelps.com

SOURCE: Duff & Phelps Corporation

CONTACT: Investor Relations:

Breanna Downes,
+1-212-871-7700,
Breanna.DownesIR@duffandphelps.com; or

Media Relations:

Sherri Saltzman,
+1-973-775-8329,
Sherri.Saltzman@duffandphelps.com,

both of Duff & Phelps Corporation

Web site: http://www.duffandphelps.com

(DUF)