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BSX Approves Secondary Listing Of The Common Shares Of RAM Holdings Limited
Hamilton, Bermuda, 09 March, 2009 - The Listing Committee of the Bermuda Stock Exchange (BSX) today announced the approval of the secondary listing of Common Shares ("the Shares") of USD $0.10 par value each of RAM Holdings Ltd. The primary listing of the Shares is on the NASDAQ Global Market.
RAM Holdings Ltd. was founded in 1998 as a Bermuda-based provider of financial guaranty reinsurance. RAM Holdings Ltd. conducts substantially all of its operations through its wholly owned subsidiary, RAM Reinsurance Company Ltd.
The Company provides financial guaranty reinsurance for public finance and structured finance obligations, covering risks in both the United States and international markets.
RAM Holdings Ltd. is headquartered at RAM Re House, 46 Reid Street, Hamilton, Bermuda.
The mailing address is RAM Holdings Ltd., P.O. Box HM 3302, Hamilton HM PX, Bermuda.
The listing of the Common Shares of RAM Holdings Ltd. was sponsored by Appleby Securities (Bermuda) Limited.
Greg Wojciechowski, President & CEO of the BSX stated, "We are delighted to welcome RAM Holdings Ltd. to the Official List of the BSX. RAM Holdings Ltd. joins a prestigious group of domestic companies and Bermuda based international insurance and reinsurance entities that have listed on the BSX."
For further information on RAM Holdings Ltd., please visit the Company's website at: http://www.ramre.com or contact Investor Relations at (441) 296-6501 or email: info@ramre.com.