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American Home Mortgage Investment

Amex launches American Home Mortgage Investment trading options.

NEW YORK, 7th Jan. The American Stock Exchange (R) (Amex(R)) today launched trading in options on the NASDAQ Stock Market and New York Stock Exchange for American Home Mortgage Investment (Symbol; AHM)

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American Home Mortgage Investment Corp. options opened with position limits of 3.15 million shares. The options trade on the March expiration cycle and the specialist is Stuyvesant Trading Group. American Home Mortgage Investment Corp. is a real estate investment trust that acquires United States agency securities, other mortgage securities, mortgage loans, equity securities and other investments.

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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 HOLDERS (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 144 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/.

American Stock Exchange

CONTACT: Dan Charnas, American Stock Exchange, +1-212-306-1654,daniel.charnas@amex.com

Web site: http://www.amex.com/