RFR Rmr F I R E Fd

RMR Funds today announced distributions to their common shareholders: RMR Real Estate Fund (AMEX: RMR) RMR Hospitality and Real Estate Fund (AMEX: RHR) RMR F.I.R.E. Fund (AMEX: RFR) RMR Preferred Dividend Fund (AMEX: RDR) Amount Per Share Record Date Pay Date(1) RMR RHR RFR RDR 11/17/2006� 11/30/2006� $0.10� $0.125� $0.146� $0.15� 12/18/2006� 12/29/2006� $0.10� $0.125� $0.146� $0.15� 12/29/2006� 1/31/2007� $0.10� $0.125� $0.146� $0.15� (1)On or about. The distributions declared today have been declared pursuant to each Fund�s level rate dividend policy. Because each Fund has substantial investments in real estate investment trusts which will classify distributions to each Fund subsequent to the end of a calendar year as, generally, ordinary income, net capital gain or return of capital, it is expected that some portion of the distributions declared by each Fund will be similarly characterized for tax purposes subsequent to year end. RMR, RHR, RFR and RDR are closed end investment companies advised by RMR Advisors, Inc., an affiliate of Reit Management & Research LLC. Reit Management & Research LLC and its affiliates have been in business since 1986 and oversee $12 billion of assets. RMR Funds today announced distributions to their common shareholders: -- RMR Real Estate Fund (AMEX: RMR) -- RMR Hospitality and Real Estate Fund (AMEX: RHR) -- RMR F.I.R.E. Fund (AMEX: RFR) -- RMR Preferred Dividend Fund (AMEX: RDR) -0- *T Amount Per Share --------------------------------------- Record Date Pay Date(1) RMR RHR RFR RDR ----------------------------------------------------------------- 11/17/2006 11/30/2006 $0.10 $0.125 $0.146 $0.15 12/18/2006 12/29/2006 $0.10 $0.125 $0.146 $0.15 12/29/2006 1/31/2007 $0.10 $0.125 $0.146 $0.15 *T (1)On or about. The distributions declared today have been declared pursuant to each Fund's level rate dividend policy. Because each Fund has substantial investments in real estate investment trusts which will classify distributions to each Fund subsequent to the end of a calendar year as, generally, ordinary income, net capital gain or return of capital, it is expected that some portion of the distributions declared by each Fund will be similarly characterized for tax purposes subsequent to year end. RMR, RHR, RFR and RDR are closed end investment companies advised by RMR Advisors, Inc., an affiliate of Reit Management & Research LLC. Reit Management & Research LLC and its affiliates have been in business since 1986 and oversee $12 billion of assets.