Media Release

Media Release
For Immediate Release
RAM Holdings Ltd. Announces Steve Gralla’s Inability to Join the
Board of Directors of its Operating Subsidiary RAM Re
HAMILTON, Bermuda – 08 April, 2011 - RAM Holdings Ltd. (the “Company”; BSX:
RAMR.BH; Pink Sheets: RAMR.PK) and RAM Reinsurance Company Ltd. ("RAM Re")
announced that Steve Gralla has informed RAM Re that he will be unable to accept his
appointment to the Board of Directors of RAM Re. Mr. Gralla was elected, along with
David Geiss, to the board of RAM Re by the holders of RAM Re's Class B preference
shares at the previously announced special general meeting of holders of Class B
preference shares.
About RAM
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
RAM Holdings Ltd.
David Steel, 441-296-6501
[email protected]
For more information on the Bermuda Stock Exchange (BSX), contact Daniel Matthews at 1441-292-7212 or [email protected] . Information is also available at and
on Bloomberg at BSX <GO>.
Established in 1971 the Bermuda Stock Exchange (BSX) is now the leading fully electronic
offshore securities market. The BSX specializes in listing and trading of capital market
instruments such as equities, debt issues, funds, hedge funds, derivative warrants and
Insurance Linked Securities.
The BSX, recognised by the US SEC as a Designated Offshore Securities Market, is a
member of the World Federation of Exchanges and is located in an O.E.C.D. member
nation. The BSX has Approved Stock Exchange status under Australia’s Foreign Investment
Fund (FIF) taxation rules; Designated Investment Exchange status by the UK’s Financial
Services Authority; Recognised Stock Exchange by the UK HM Revenue and Customs; and
is a member of America’s Central Securities Depository Association.