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GREENLIGHT CAPITAL RE, LTD. Director's Dealing 2008

Nov 12, 2008

32963_dirs_2008-11-12_ba915b64-1072-42b0-9c18-45954b1aab6a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Greenlight Capital Re, Ltd. (GLRE)
CIK: 0001385613
Period of Report: 2008-11-10

Reporting Person: Goldberg Leonard R (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-11-10 Class A Ordinary Shares P 6000 $12.2845 Acquired 93185 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Ordinary Shares 54750 Indirect

Footnotes

F1: Includes 25,250 shares previously transferred from a trust, for which the Reporting Person retained beneficial ownership, to direct ownership by the Reporting Person.

F2: These shares are held for the account of a trust for which the Reporting Person retains beneficial ownership.