DUFF & PHELPS COMMENCES TRADING ON NEW YORK STOCK EXCHANGE.

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MEDIA RELEASE PR27712

Duff & Phelps Commences Trading Today on New York Stock Exchange

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."