Ambac

Ambac Financial Group, Inc., headquartered in New York City, is a financial services holding company whose principal subsidiaries, Ambac Assurance Corporation and Ambac Assurance UK Limited, are financial guarantee insurance companies currently in run-off. Outstanding policies include financial guarantees of public finance and structured finance obligations in the public and private sectors globally. Ambac Financial Group, Inc. is also exploring opportunities involving the acquisition and/or development of new businesses, including through its wholly owned subsidiary Everspan Insurance Company*. Ambac Financial Group Inc.'s common stock trades on the New York Stock Exchange under the ticker AMBC.