Acquisition by Assured Guaranty US Holdings Inc. President of Assured Guaranty Ltd. Shares

2009-07-02 00:17:01 -

As previously announced today by Assured Guaranty Ltd. (“Assured”) (NYSE:AGO), Sean W. McCarthy has agreed to assume the position of President and Chief Operating Officer of Assured Guaranty US Holdings Inc. Assured has exchanged Mr. McCarthy's deemed investment in 22,306 share units of Financial Security Assurance Holdings Ltd. (“FSA Holdings”) under a FSA Holdings nonqualified deferred compensation plan for a deemed investment in 130,000 Assured share units. The Assured share units will ultimately be distributed to Mr. McCarthy as a corresponding number of Assured common shares at the time he receives a distribution from such nonqualified deferred compensation plan.

Assured Guaranty Ltd. is a Bermuda-based holding company. Its operating subsidiaries provide credit enhancement products to the U.S. and international public finance, structured finance and mortgage markets.

Any forward-looking statements made in this press release reflect Assured’s current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. For example, Assured’s forward-looking statements, including its statements regarding financial strength and growth opportunities, could be affected by a rating agency action, such as a ratings downgrade, difficulties with the execution of Assured’s business strategy, contract cancellations, developments in the world's financial and capital markets, more severe or frequent losses associated with products affecting the adequacy of Assured’s loss reserve, impact of market volatility on the marking to market on our contracts written in credit default swap form, changes in regulation or tax laws, governmental actions, natural catastrophes, Assured’s dependence on customers, decreased demand or increased competition, loss of key personnel, technological developments, the effects of mergers, acquisitions and divestitures, changes in accounting policies or practices, changes in general economic conditions, other risks and uncertainties that have not been identified at this time, management's response to these factors, and other risk factors identified in Assured’s filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made. Assured undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Assured Guaranty Ltd., HamiltonEquity Investors:Sabra

Purtill, Managing Director, Investor Relations, 212-408-6644 or
441-299-9375 spurtill@assuredguaranty.com : mailto:spurtill@assuredguaranty.com orRoss
Aron, Associate, Investor Relations, 212-261-5509 raron@assuredguaranty.com : mailto:raron@assuredguaranty.com orFixed
Income Investors:Robert Tucker, Managing Director, 212-339-0861 rtucker@fsa.com : mailto:rtucker@fsa.com orMichael
Walker, Director, 212-261-5575 mwalker@assuredguaranty.com : mailto:mwalker@assuredguaranty.com orMedia:Betsy
Castenir, Managing Director, Corporate Communications, 212-339-3424 or
441-299-9375 bcastenir@fsa.com : mailto:bcastenir@fsa.com orAshweeta
Durani, Vice President, Corporate Communications, 212-408-6042 or
917-597-2065 adurani@assuredguaranty.com : mailto:adurani@assuredguaranty.com