RMR Asia Pacific Real Estate Fund (NYSE Amex: RAP) today announced a special distribution of previously undistributed net investment company taxable income to common shareholders. The distribution of $0.3405 per common share will be paid on or about September 14, 2011 to holders of record of common shares as of the close of business on August 29, 2011.

In compliance with Section 19 of the Investment Company Act of 1940, RAP will provide a notice to shareholders of any distribution that does not consist solely of net investment income. Such a notice will be for informational purposes only, and will disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. No such notice is included with the distribution announced today because, based upon information currently available to RAP, RAP believes this distribution consists solely of net investment income. Shareholders should not use the information provided in this press release or any notice delivered in compliance with Section 19 of the Investment Company Act of 1940 in preparing their tax returns. RAP will send shareholders a Form 1099-DIV for the calendar year indicating how to report distributions received from RAP for Federal income tax purposes.

RAP is a closed end investment company advised by RMR Advisors, Inc.

WARNINGS REGARDING FORWARD LOOKING STATEMENTS

THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON RAP’S PRESENT BELIEFS AND EXPECTATIONS, BUT THEY ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR NUMEROUS REASONS, SOME OF WHICH ARE BEYOND RAP’S CONTROL. FOR EXAMPLE, THIS PRESS RELEASE STATES THAT RAP BELIEVES THE DISTRIBUTION DESCRIBED IN THIS PRESS RELEASE CONSISTS SOLELY OF NET INVESTMENT INCOME. IN FACT, A PORTION OF THE DISTRIBUTION DESCRIBED IN THIS PRESS RELEASE MAY CONSIST OF CAPITAL GAINS AND/OR RETURN OF CAPITAL. FOR THESE AND OTHER REASONS, INVESTORS SHOULD NOT PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS.

Rmr Asia Pacific Real Estate Fund New Common Shares of Beneficial Interest (AMEX:RAP)
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