Evercore Trust Company, N.A.

Newly Chartered National Trust Bank, Which Will Have Approximately $12.8 Billion in Assets Under Management and Administration Upon Completion of Transaction, to Provide Specialized Investment Management, Independent Fiduciary and Trustee Services NEW YORK, April 29 /PRNewswire-FirstCall/ -- Evercore Partners Inc. today announced the establishment of Evercore Trust Company, N.A., effective May 1. Evercore Partners has formed Evercore Trust Company in connection with the pending consummation of its acquisition of Bank of America's Special Fiduciary Services Division. Evercore Trust Company, a newly chartered national trust bank, will focus on providing specialized investment management, independent fiduciary and trustee services to employee benefit plans of large corporations and will commence operations with approximately $12.8 billion in assets under management and administration.