American Stock Exchange Lists Initial Public Offering of RMR Hospitality & Real Estate Fund NEW YORK, April 28 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today began trading common shares of the RMR Hospitality & Real Estate Fund under the ticker symbol RHR. RMR Hospitality and Real Estate Fund is a recently organized, non- diversified, closed end management investment company. Its primary investment objective is to earn and pay to its shareholders a high level of current income by investing in hospitality and real estate companies. Its secondary objective is capital appreciation. "We are pleased to welcome RMR Hospitality & Real Estate Fund to the American Stock Exchange," said Tom Rzepski, vice president of the Amex's closed-end fund business. "The investment advisor of the new fund is RMR Advisors, Inc. and RMR Hospitality & Real Estate Fund is the second closed-end real estate fund listed on the Amex in the past six months. The Amex looks forward to a long and collaborative relationship with RMR Advisors, Inc. as we continue our efforts to provide investors with a variety of innovative investment opportunities." With an initial share price of $20 for the Fund, the approximate initial value of the shares priced today is $49.6 million, excluding the underwriters' over allotment option. The underwriting syndicate is led by RBC Capital Markets and Merrill Lynch & Co. The specialist in the new fund is Weiskopf, Silver & Co. The American Stock Exchange currently lists 147 closed-end funds with over $24 billion in assets. For additional information on this fund or other Amex- listed closed-end funds, please call 1-800-THE-AMEX. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 138 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. An investment in RMR Hospitality and Real Estate Fund involves risks, including but not limited to risks arising from the Fund's portfolio concentration in hospitality and real estate securities which may subject the Fund to greater risk and volatility than that present in a diversified portfolio. For more complete information on risks and the expenses and charges which will be paid by RMR Hospitality and Real Estate Fund shareholders. Investors are advised to obtain the Fund prospectus and read it in its entirety prior to investing. DATASOURCE: American Stock Exchange CONTACT: Lynn Duffy of American Stock Exchange, +1-212-306-1654, or Web site: http://www.amex.com/

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