A short resume is given about the nature of exceptional points (EPs) followed
by discussions about their ubiquitous occurrence in a great variety of physical
problems. EPs feature in classical as well as in quantum mechanical problems.
They are associated with symmetry breaking for PT-symmetric
Hamiltonians, where a great number of experiments have been performed in
particular in optics, and to an increasing extent in atomic and molecular
physics. EPs are involved in quantum phase transition and quantum chaos, they
produce dramatic effects in multichannel scattering, specific time dependence
and more. In nuclear physics they are associated with instabilities and
continuum problems. Being spectral singularities they also affect approximation
schemes.Comment: 13 pages, 2 figure