  In a previous paper, we have constructed, for an arbitrary Lie group G and
any of the fields F=R or C, a good equivariant cohomology theory KF_G^*(-) on
the category of proper $G$-CW-complex and have justified why it deserved the
label ``equivariant K-theory". It was shown in particular how this theory was a
logical extension of the construction of L\"uck and Oliver for discrete groups
and coincided with Segal's classical K-theory when G is a compact group and
only finite G-CW-complexes are considered. Here, we compare our new equivariant
K-theory with that of N.C. Phillips: it is shown how a natural transformation
from ours to his may be constructed which gives rises to an isomorphism when G
is second-countable and only finite proper G-CW-complexes are considered. This
solves the long-standing issue of the existence of a classifying space for
Phillips' equivariant K-theory.
