American Stock Exchange Initial Public Offering of RMR F.I.R.E. Fund NEW YORK, Nov. 23 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today began trading common shares of RMR F.I.R.E. Fund under the ticker symbol RFR. RMR F.I.R.E. Fund is a newly organized, non-diversified, closed end management investment company. Its primary investment objective is to provide high total returns to shareholders through a combination of capital appreciation and current income by investing in securities issued by financial, insurance and real estate (F.I.R.E.) companies. "We are pleased to welcome RMR F.I.R.E. 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. RMR F.I.R.E. Fund is the third closed-end fund RMR Advisors has listed on the Amex in the past year. The Amex looks forward to a long and collaborative relationship with RMR Advisors, Inc. as we continue to provide investors with a variety of innovative investment opportunities." With an initial share price of $25 for the RMR F.I.R.E. Fund, the approximate initial value of the 1.48 million shares priced today is $37 million, excluding the underwriters' over allotment option. The underwriting syndicate is led by RBC Capital Markets. The specialist in the new fund is Weiskopf, Silver & Co. The American Stock Exchange currently lists 149 closed-end funds with over $25 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 143 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/. DATASOURCE: American Stock Exchange CONTACT: Dan Charnas of American Stock Exchange, +1-212-306-1654, Web site: http://www.amex.com/

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