NEW YORK, July 20 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the units of KBL Healthcare Acquisition Corp. III under the ticker symbol KHA.U. The offering size is 15M units at $8.00 per unit for gross proceeds of $120M (excluding the underwriters' over-allotment option). One unit equals one share of common stock and one warrant. Initially, the units will be the only security trading. Citigroup Global Markets, Inc. is lead underwriter on the IPO with Jefferies & Company and EarlyBirdCapital, Inc. as co-managers. KBL Healthcare Acquisition Corp. III was formed with the purpose of effecting a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business, with a focus in the healthcare or healthcare-related industries. "We are pleased to welcome KBL Healthcare Acquisition Corp. III," said John McGonegal, Senior Vice President of Amex's Equities Group. "We look forward to helping them achieve greater visibility with our unique service offerings, which we employ for all our listed companies." The specialist in KBL Healthcare Acquisition Corp. III will be Kellogg Capital Group, LLC. For further information on KHA.U and other Amex-listed companies, please visit http://www.amex.com/. About American Stock Exchange The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 335 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/ DATASOURCE: American Stock Exchange CONTACT: Catherine Chantharaj of American Stock Exchange, +1-212-306-1689, Web site: http://www.amex.com/

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