American Stock Exchange Lists Common Stock of MHI Hospitality Corporation NEW YORK, Dec. 17 /PRNewswire/ -- In an initial public offering, the American Stock Exchange(R) (Amex(R)) today listed the common stock of MHI Hospitality Corporation under the ticker symbol MDH. MHI Hospitality is organized to succeed to certain of the lodging assets and operations of its predecessor group, which began operations in 1957, and other affiliated entities, and to take advantage of investment opportunities in the lodging industry with a focus on full-service hotels. MHI owns hotels located in the Mid-Atlantic and Southeastern United States that are operated under well known national hotel brands such as Hilton(R) and Holiday Inn(R). "We welcome MHI Hospitality to the Amex," John McGonegal, senior vice president of the Amex Equities Group, said. "And we look forward to supporting the Company with services and tools that can help to help build shareholder value and attract greater investor attention." "Our listing on the American Stock Exchange provides MHI Hospitality with a platform to reach a wider investor audience with more information about our Company," MHI Hospitality Chief Executive Officer Andrew Sims said. The specialist in MHI Hospitality will be LaBranche & Co. For further information on MDH and other Amex-listed companies, please visit http://www.amex.com/. 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 HOLDRS(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/. DATASOURCE: American Stock Exchange CONTACT: Dan Charnas of American Stock Exchange, +1-212-306-1654, or Web site: http://www.amex.com/

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