Assured Guaranty Ltd. (NYSE: AGO) (“AGL”), along with its wholly owned subsidiary, Assured Guaranty US Holdings Inc. (“AGUS”), announced that the companies expect to remarket on May 24, 2012 AGUS’s 8.50% Senior Notes due 2014 (CUSIP No. 04621W AB6) (the “Notes”). The Notes were originally issued as part of AGL’s Corporate Units (CUSIP No. G0585R 122). AGL and AGUS intend to remarket the Notes exclusively to AGL or one of its affiliates. All Notes acquired by AGL or its affiliate will be retired on or about June 1, 2012. AGL expects to finance the retirement of the Notes using available cash. Holders of the outstanding Notes that are components of the Corporate Units and holders of Notes held separately from the Corporate Units who elect to participate in a successful remarketing will receive the remaining proceeds, if any, from the remarketing, after deduction of the remarketing fee and, in the case of the holders of Corporate Units, after satisfaction of the holders’ obligations under the related purchase contracts to purchase AGL’s common shares on June 1, 2012. The reset rate and interest payment dates for the Notes will be established, and modified terms of the Notes will be set, on the remarketing date and will be effective on June 1, 2012. The reset rate will be determined by the remarketing agent based solely on the bid submitted by AGL or its affiliate that results in a price for the Notes equal to at least 100% of the aggregate principal amount of the Notes being remarketed plus the applicable remarketing fee. The remarketing fee is expected to be $431,250. Assured Guaranty Ltd. is a publicly traded Bermuda-based holding company. Its operating subsidiaries provide credit enhancement products to the U.S. and international public finance, infrastructure and structured finance markets. More information on Assured Guaranty and its subsidiaries can be found at www.assuredguaranty.com. Any forward-looking statements made in this press release reflect Assured Guaranty’s current views 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, those resulting from Assured Guaranty’s ability to remarket the Notes successfully 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 Assured Guaranty’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 May 21, 2012. Assured Guaranty 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.