American Stock Exchange News Release

Equity Release
Media Contact: Lynn Teresky
American Stock Exchange
212-306-1654/ lynn.teresky@amex.com

AMERICAN STOCK EXCHANGE LISTS INITIAL PUBLIC OFFERING OF RMR REAL ESTATE FUND
RMR Advisors, Inc. Launches First Closed-End Fund On Amex
New York, December 19, 2003 -  The American Stock Exchange (Amex) today began trading common shares of the RMR Real Estate Fund under the ticker symbol RMR.

RMR Real Estate Fund is a closed-end investment company, which intends to invest primarily in common and preferred securities issued by real estate companies, including REITs. The RMR Real Estate Fund's primary investment objective is to earn and pay a high level of current income; its secondary objective is capital appreciation.

"We are very pleased to welcome RMR Real Estate Fund to the American Stock Exchange," said Tom Rzepski, vice president of the Amex's closed-end fund business. "The Amex is pleased to work with RMR Advisors, Inc., the investment advisor of RMR Real Estate Fund, to offer this investment opportunity to investors and we look forward to a continuing relationship with RMR Advisors."

With an initial share price of $15 for the Fund, the approximate initial value of the shares priced today is $100 million. The specialist in the new fund is Weiskopf, Silver & Co.

The American Stock Exchange currently lists 142 closed-end funds with over $21 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® (Amex®) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. 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 126 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.