NEW YORK, Sept. 21 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Thursday, September 22, 2005 on the New York Stock Exchange listed stock of Montpelier Re Holdings Ltd. (Symbol: MRH). Montpelier Re Holdings Ltd. will open with position limits of 5,000,000 shares. The options will trade on the January expiration cycle. The specialist will be AGS Specialists, LLC. Montpelier Re Holdings Ltd. is the holding company of Montpelier Reinsurance Ltd. The Company is a Bermuda-based provider of reinsurance for the global insurance market. Montpelier writes a diversified range of insurance and reinsurance business with an initial emphasis on property exposed business. For more information on any Amex-listed company, please visit http://www.amex.com/. 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 168 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: Mary Chung, American Stock Exchange, +1-212-306-1641, Web site: http://www.amex.com/

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