Duff & Phelps Enters Into Global Alliance With World Tax Service and Acquires US Member

New York (ots/PRNewswire) -

Duff & Phelps Corporation (NYSE: DUF), a leading independent
financial advisory and investment banking firm, today announced that
it has entered into a global alliance with World Tax Service (WTS
Alliance) and acquired the US Alliance Member, World Tax Service US
(WTS-US). Financial terms of the transaction were not disclosed.

WTS Alliance was formed in 2003 by WTS AG, one of the leading
German tax consultancy firms. WTS Alliance has global operations
through its 16 alliance members and extensive network of cooperating
firms. WTS Alliance focuses principally on transaction tax support
for investments and mergers and acquisitions, global financial
services, transfer pricing and VAT advisory. Duff & Phelps and WTS AG
look forward to deepening their relationship to serve the needs of
their multinational clients.

Noah Gottdiener, Chairman and Chief Executive Officer of Duff &
Phelps, said, "Through this acquisition and alliance with WTS, which
is highly complementary to our existing service offerings, we are now
able to provide transaction-related tax advice. This transaction
further demonstrates our commitment to protecting, recovering and
maximizing value for our clients."

WTS-US has offices in New York, NY and Morristown, NJ. The firm's
services include international and domestic corporate tax
structuring; M&A tax advisory; investment fund structuring and
institutional investor representation; and related tax compliance
services. WTS-US will go to market as Duff & Phelps WTS, LLC and
operate within the Financial Advisory segment of Duff & Phelps. David
Neuenhaus and Francis (Jay) Helverson, co-leaders of WTS-US, will
serve as co-leaders of this new service line.

Dan Peters, Financial Advisory Segment Leader, said, "The
alliance with WTS enhances our ability to provide transaction tax
advice to our clients through an expanded network of global resources
with deep knowledge of local tax laws."

Francis (Jay) Helverson, Co-President of WTS-US, said, "We are
excited to join a financial advisory services firm with such a strong
reputation and integrated service offerings. Duff & Phelps provides
an ideal growth platform to build a world-class tax advisory business
to serve the global needs of our collective clients."

Dr. Harald Treptow, CEO of WTS AG, said, "We are extremely
excited about this combination of our strong, global tax group and
one of the leading independent providers of financial advisory and
investment banking services. This transaction should provide both
companies' clients with the highest quality level of service in the
respective fields. We look forward to collaborating with Duff &
Phelps and expanding our alliance."

About Duff & Phelps

Duff & 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. With more than
1,100 employees serving clients worldwide through offices in North
America, Europe and Asia, Duff & Phelps is committed to fulfilling
its mission to protect, recover and maximize value for its clients.
Investment banking services are provided by Duff & Phelps Securities,
LLC. Duff & Phelps Securities, Ltd. is authorized and regulated by
The Financial Services Authority. For more information visit
www.duffandphelps.com.

About WTS Alliance

WTS Alliance is a professional cooperation of independent tax
firms. WTS Alliance was formed in 2003 and has been constantly
growing ever since. The mission of WTS Alliance is to provide its
clients with a globally-integrated suite of tax services, including
international tax planning, cross-border and domestic M&A, financial
advisory services, transfer pricing, corporate tax compliance,
expatriate taxation, real estate services and international VAT and
GST consulting. For more information visit www.wts-alliance.com.

About WTS AG

WTS AG is a rapidly expanding German tax consulting firm
headquartered in Munich, and with offices in five other German
cities. As the leading independent German tax firm, WTS AG brings to
the market the full range of tax services that are essential to the
success of its multinational clients. With its sole focus being the
delivery of superior tax services, WTS AG avoids the conflicts often
encountered by firms that provide audit services. For more
information visit www.wts.de.

Web site: http://www.duffandphelps.com
http://www.wts-alliance.com
http://www.wts.de

ots Originaltext: Duff & Phelps, LLC
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Media and Investor Relations, Marty Dauer of Duff & Phelps,
+1-212-871-7700, investor.relations@duffandphelps.com