Assured Guaranty Municipal Issues Statement Regarding Payments for Jefferson County, Alabama, Sewer Revenue Warrants

  Assured Guaranty Municipal Issues Statement Regarding Payments for Jefferson
  County, Alabama, Sewer Revenue Warrants

Business Wire

NEW YORK -- February 4, 2013

On Friday, February 1, 2013, The Bank of New York Mellon, as trustee for the
Jefferson County, Alabama, sewer revenue warrants, notified Assured Guaranty
Municipal Corp. (AGM) that it was suspending,until further notice,
distributions to warrant holders of funds that secure and are the source of
payment of the sewer warrants’ debt service. The suspended distributions
include both net system revenues and draws on insurance policies, including
certain AGM insurance policies.

AGM disagrees with the trustee’s decision to suspend distributions and will
take all steps necessary to ensure that each holder of an AGM-insured sewer
warrant will receive scheduled debt service payments in full and in a timely

In that regard, AGM has paid all amounts due for payment on February 1, 2013
on the AGM-insured sewer warrants under its bond insurance policy to the
Depository Trust Company (DTC) and expects that DTC will credit such amounts
to holders' accounts on Monday, February 4, 2013.

Assured Guaranty is committed to honoring its unconditional and irrevocable
guaranty to holders of its insured obligations, a commitment backed by Assured
Guaranty’s substantial $12.5 billion in consolidated claims-paying resources.

Assured Guaranty (Assured Guaranty Ltd. and its subsidiaries) provides
financial guaranty insurance through Assured Guaranty Municipal Corp. which is
a subsidiary of Assured Guaranty Ltd. Assured Guaranty Ltd. is a Bermuda-based
holding company that provides, through its operating subsidiaries, insurance
products to the U.S. and international public finance, infrastructure and
structured finance markets.

More information can be found at:

Cautionary Statement Regarding Forward-Looking Statements:

Any forward-looking statements made in this press release reflect the current
views of Assured Guaranty Ltd. and its subsidiaries (the Company) with respect
to future events 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. These risks and uncertainties
include, but are not limited to, the Company not being able to maintain its
competitive position or to expand its insurance franchise, whether due to a
lack of demand for bond insurance, the rise of other competitors in the
market, the Company not being able to maintain its financial strength ratings,
or adverse developments in the Company's insured portfolio that have a
negative impact on its financial condition; and 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 are made as of February 4,
2013. 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, except as required by law.


Assured Guaranty
Robert Tucker, 212-339-0861
Managing Director, Investor Relations and Corporate Communications
Ashweeta Durani, 212-408-6042
Vice President, Corporate Communications
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