MGIC Promotes Elkins and Friedrich to Vice President

             MGIC Promotes Elkins and Friedrich to Vice President

PR Newswire

MILWAUKEE, Jan. 31, 2013

MILWAUKEE, Jan. 31, 2013 /PRNewswire/ -- Mortgage Guaranty Insurance
Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation
(NYSE: MTG), has promoted Mary Elkins to Vice President Information Services -
Systems Development, and Susan Friedrich to Vice President Information
Services - Chief Information Security Officer.

Ms. Elkins was previously the Applications Development Director. She has been
with MGIC since 1978. Ms. Friedrich has been with MGIC since 1979 and prior
to this promotion held the position of Information Security Director.

About MGIC
MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation,
is the nation's largest private mortgage insurer as measured by $164.9 billion
primary insurance in force covering 1 million mortgages as of September 30,
2012. MGIC serves lenders throughout the United States, Puerto Rico, and other
locations helping families achieve homeownership sooner by making affordable
low-down-payment mortgages a reality.

From time to time MGIC Investment Corporation releases important information
via postings on its corporate website without making any other disclosure and
intends to continue to do so in the future. Investors and other interested
parties are encouraged to enroll to receive automatic email alerts and Really
Simple Syndication (RSS) feeds regarding new postings. Enrollment information
can be found at http://mtg.mgic.comunder Investor Information.

SOURCE MGIC Investment Corporation

Website: http://www.mgic.com
Contact: Investors, Michael J. Zimmerman, +1-414-347-6596,
mike_zimmerman@mgic.com or Media, Katie Monfre, +1-414-347-2650,
katie_monfre@mgic.com