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RAM Holdings Ltd. Announces Second Quarter 2009 Net Loss Available To Common Shareholders Of $4.6 Million
HAMILTON, Bermuda - 18 September, 2009 - RAM Holdings Ltd. (BSX:RAMR) (Pink Sheets:RAMR) has reported second quarter 2009 net loss available to common shareholders of $4.6 million, or net loss of $0.17 per diluted share. This compares to a net income of $126.3 million, or net income of $4.63 per diluted share, for the second quarter 2008.
RAM Holdings Ltd. is a Bermuda-based holding company. Its operating subsidiary, RAM Reinsurance Company Ltd., provides financial guaranty reinsurance for U.S. and international public finance and structured finance transactions. More information can be found at www.ramre.com.
Contact:
RAM Holdings Ltd., Hamilton
Ted Gilpin 441-298-2107 tgilpin@ramre.bm