Maiden Holdings, Ltd. — Director's Dealing 2010

Nov 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Maiden Holdings, Ltd. (MHLD)
CIK: 0001412100
Period of Report: 2010-11-10

Reporting Person: SCHMITT KAREN (Please see Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-10	Common Shares	P	3000	$7.78	Acquired	53250	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (right to buy)	$3.28	2018-11-12	Common Shares (25000)	0	Direct
Options (right to buy)	$4.45	2019-02-24	Common Shares (75000)	0	Direct
Options (right to buy)	$7.25	2020-03-04	Common Shares (50000)	0	Direct

Footnotes

F1: The Stock Options were granted pursuant to the 2007 Share Incentive Plan and will vest 25% on the one year anniversary of
grant, and 6.25% each quarter thereafter.