FSF Financial Sec Nts

Assured Guaranty Ltd. (�Assured� or the �Company�) (NYSE:AGO), the parent of Financial Security Assurance Holdings Ltd. (�FSAH�), announced that the Company would fully and unconditionally guarantee the three series of FSAH debt obligations described in the chart below, in the same manner it guarantees debt obligations of its subsidiary Assured Guaranty US Holdings Inc., which are also not listed on an exchange. As previously announced, Assured notified the New York Stock Exchange (the �Exchange�) of its intention to voluntarily withdraw those FSAH bonds from listing on the Exchange.

The Company expects Banc of America Securities LLC and Citigroup Global Markets Inc. to continue to make a market in these three series of FSAH bonds. Additionally, the Company noted that it was not currently contemplating repurchasing, including through a tender offer, any of these FSAH securities.

Dominic Frederico, President and Chief Executive Officer of Assured said, �These actions are another step in our integration process, providing for all of our bonds to trade in the over-the-counter market with the benefit of a parent company guaranty.�

The Company also announced that it would guarantee, on a junior subordinated basis, the $300 million of FSAH�s outstanding Junior Subordinated Debentures due 2066.

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6-7/8% Quarterly Interest Bonds due 2101 FSB December 15, 2101 31769P 40 7 6.25% Notes due 2102 FSE November 1, 2102 31769P 50 6 5.60% Notes due 2103 FSF July 15, 2103 31769P 60 5 �

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 of 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.