X0202 4 2008-03-24 0 0001352713 RAM Holdings Ltd. RAMR 0001188145 STUUROP DIRK A C/O RAM HOLDINGS 46 REID STREET HAMILTON D0 HM 12 BERMUDA 1 0 0 0 Common Shares, $0.10 par value 2008-03-24 4 P 0 50000 A 90000 D Of the 50,000 shares purchased, 1,000 were purchased at $1.93, 1,847 were purchased at $1.8867, 6,445 were purchased at $1.8652, 5,000 were purchased at $2.0402, 5,708 were purchased at $2.0496, 6,192 were purchased at $2.0361, 5,000 were purchased at $1.99, 3,581 were purchased at $1.70, 5,099 were purchased at $1.698, 1,000 were purchased at $1.647, and 9,128 were purchased at $1.65. Dirk A. Stuurop 2008-03-25