NEW YORK, May 26 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) announced today that it has begun trading common shares of RMR Asia Pacific Real Estate Fund under the ticker symbol RAP. RMR Asia Pacific Real Estate Fund is a newly organized, non-diversified, closed-end management investment company. Its primary investment objective is to provide capital appreciation. RMR Asia Pacific Real Estate Fund attempts to achieve its objectives by investing primarily in the securities of Asian Pacific real estate companies. "We are pleased to welcome RMR Asia Pacific Real Estate Fund to the American Stock Exchange," said Tom Rzepski, Vice President of the Amex's closed-end fund business. "The Amex looks forward to a long and collaborative relationship with RMR Advisors as we continue to provide investors with a variety of innovative investment opportunities." The investment advisor of the new fund is RMR Advisors, Inc. RMR Asia Pacific Real Estate Fund is the fifth closed-end fund RMR Advisors has listed on the Amex. With an initial share price of $20 for the RMR Asia Pacific Real Estate Fund, the approximate initial value of the 1.75 million shares priced today is $35 million, excluding the underwriter's over allotment option. The underwriting syndicate is led by RBC Capital Markets. RMR Advisors has listed all of its closed-end products with Amex and has chosen Weiskopf, Silver & Co. as the specialist for RAP. The American Stock Exchange currently lists 149 closed-end funds with over $30 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 167 ETFs to date. 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. DATASOURCE: American Stock Exchange CONTACT: Media Contact: Mary Chung, American Stock Exchange, +1-212-306- 1641, Web site: http://www.amex.com/

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