X0202 4 2006-12-07 1 0001320092 Republic Companies Group, Inc. RUTX 0001292336 GREENHILL CAPITAL PARTNERS, LLC 300 PARK AVENUE, 23RD FLOOR NEW YORK NY 10022 0 0 1 0 0001292339 GCP MANAGING PARTNER, L.P. 300 PARK AVENUE, 23RD FLOOR NEW YORK NY 10022 0 0 1 0 0001292345 GCP, L.P. 300 PARK AVENUE, 23RD FLOOR NEW YORK NY 10022 0 0 1 0 0001282977 GREENHILL & CO INC 300 PARK AVENUE, 23RD FLOOR NEW YORK NY 10022 0 0 1 0 0001292335 GCP 2000, LLC 300 PARK AVENUE, 23RD FLOOR NEW YORK NY 10022 0 0 1 0 0001288437 GREENHILL ROBERT F 300 PARK AVENUE, 23RD FLOOR NEW YORK NY 10022 0 0 1 0 0001241677 NIEHAUS ROBERT H 300 PARK AVENUE, 23RD FLOOR NEW YORK NY 10022 0 0 1 0 0001120194 GREENHILL CAPITAL PARTNERS LP 300 PARK AVENUE, 23RD FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock; par value $0.01 per share 2006-12-07 4 J 0 2819639 D 0 I Through limited partnerships Pursuant to the terms of the Agreement and Plan of Merger by and among Delek Capital US Inc., formerly known as Arrow Capital US Inc., Arrow Subsidiary Corporation and Republic Companies Group, Inc. dated August 4, 2006, upon the closing of the merger, each issued and outstanding share of Republic Companies Group, Inc. common stock was converted into the right to receive $20.40 per share in cash. This Form 4 is being filed by more than one reporting person. Greenhill Capital Partners, LLC, whose sole member is Greenhill & Co., Inc., is the general partner of GCP Managing Partner, L.P. GCP Managing Partner, L.P. and GCP, L.P. are general partners of (1) Greenhill Capital Partners, L.P., which was the record owner of 1,743,870 shares of Issuer's Common Stock, (2) Greenhill Capital Partners (Executives), L.P., which was the record owner of 275,256 shares of Common Stock, (3) Greenhill Capital, L.P., which was the record owner of 551,327 shares of Common Stock, and (4) Greenhill Capital Partners (Cayman), L.P., which was the record owner of 249,186 shares of Common Stock. GCP 2000, LLC is the general partner of GCP, L.P. GCP 2000, LLC is in turn controlled by its Senior Members, Scott L. Bok, Robert F. Greenhill and Robert H. Niehaus. Mr. Bok was also a member of the Board of Directors of the Issuer. Each reporting person disclaims beneficial ownership of the reported securities except and to the extent of its or his pecuniary interest therein. Greenhill Capital Partners, LLC, By: /s/ Ulrika Ekman, Ulrika Ekman, Managing Director and Secretary 2006-12-14 GCP 2000, LLC, By: /s/ Ulrika Ekman, Ulrika Ekman, Managing Director and Secretary 2006-12-14 GCP Managing Partner, L.P., By: Greenhill Capital Partners, LLC, its general partner, By: /s/ Ulrika Ekman, Ulrika Ekman, Managing Director and Secretary 2006-12-14 GCP, L.P., By: GCP 2000, LLC, its general partner, By: /s/ Ulrika Ekman, Ulrika Ekman, Managing Director and Secretary 2006-12-14 GREENHILL & CO., INC., By: /s/ Ulrika Ekman, Ulrika Ekman, General Counsel and Secretary 2006-12-14 /s/ Robert F. Greenhill, Robert F. Greenhill 2006-12-14 /s/ Robert H. Niehaus, Robert H. Niehaus 2006-12-14 GREENHILL CAPITAL PARTNERS, L.P., By: GCP, L.P., its general partner and GCP 2000, LLC, its general partner, By: /s/ Ulrika Ekman, Ulrika Ekman, Managing Director and Secretary 2006-12-14 GREENHILL CAPITAL PARTNERS, L.P., By: GCP Managing Partner L.P., its managing general partner and Greenhill Capital Partners, LLC, its general partner, By: /s/ Ulrika Ekman, Ulrika Ekman, Managing Director and Secretary 2006-12-14