Insider Trades - SHETTLE JOHN F JR

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SHETTLE JOHN F JR: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
MONTPELIER RE HLDGS Director NYSE:MRH (historical quotes, profile, other insiders)	15-Jun-09	3,750	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
15-Jun-09 1,876 MRH Option Exercise at $14.28 per share.
(Cost of $26,789)
15-Jun-09 312 MRH Disposition (Non Open Market) at $14.28 per share.
(Value of $4,455)
2-Jan-09 4,777 MRH Acquisition (Non Open Market) at $16.23 per share.
(Value of $77,530)
21-May-08 5,000 MRH Acquisition (Non Open Market) at $16.67 per share.
(Value of $83,350)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
15-Jun-09	1,876	MRH	Option Exercise at $14.28 per share. (Cost of $26,789)
15-Jun-09	312	MRH	Disposition (Non Open Market) at $14.28 per share. (Value of $4,455)
2-Jan-09	4,777	MRH	Acquisition (Non Open Market) at $16.23 per share. (Value of $77,530)
21-May-08	5,000	MRH	Acquisition (Non Open Market) at $16.67 per share. (Value of $83,350)