Michael Babick Appointed Managing Director of Assured Guaranty Corp.'s Consumer Asset-Backed Securities Team

Business Wire, April 16, 2008

NEW YORK -- Assured Guaranty Corp. ("Assured" or the "Company"), a subsidiary of Assured Guaranty Ltd. (NYSE:AGO), has appointed Michael Babick as Managing Director of the Consumer Asset-Backed Securities team. At Assured, Mr. Babick will focus primarily on the structuring and securitization of retail auto loans and leases and credit card receivables, two areas where Assured has seen a substantial increase in underwriting requests from numerous market participants. Mr. Babick will report to Jeff Nabi, Senior Managing Director, Consumer and Mortgage-Backed Securities group.

"We're excited that Mike has joined Assured to focus on expanding our consumer asset-backed securities business," commented Mr. Nabi. "Mike's expertise across many consumer asset types and broad relationships in the industry will be instrumental to Assured in expanding our market presence as the fundamentals in these markets improve."

Mr. Babick has nearly 15 years of securitization experience in a wide variety of assets. Most recently, he oversaw the securitization of credit card and auto-related assets, including retail auto loans, dealer floor plan loans and rental fleet leases, at Ambac Assurance Corporation. Mr. Babick previously worked at Financial Guaranty Insurance Corporation and Fitch Ratings.

Mr. Babick has a B.A. in Economics and Psychology from Dartmouth College and has a M.B.A from Pennsylvania State University.

Assured Guaranty Corp. is a leading provider of financial guaranty insurance in the U.S. and international public finance, structured finance and mortgage-backed securities markets. Assured Guaranty Corp. is rated triple-A (stable) by the three leading rating agencies and is licensed in all 50 states, the District of Columbia and Puerto Rico.

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. More information can be found at www.assuredguaranty.com.

Any forward-looking statements made in this press release reflect the Company'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, the Company's forward-looking statements, including its statements regarding the expansion of the consumer and mortgage-backed securities business, could be affected by a significant reduction in the amount of reinsurance ceded by one or more of our principal ceding companies, rating agency action such as a ratings downgrade, difficulties with the execution of the Company'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 the Company's loss reserve, changes in regulation or tax laws, governmental actions, natural catastrophes, the Company'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 the Company'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. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.