04.08.2005 15:21:00

Assured Guaranty Ltd. Board of Directors Appoints Two New Members, Robin Monro-Davies and Michael T. O'Kane

Assured Guaranty Ltd. (NYSE:AGO) announced today thatRobin Monro-Davies and Michael T. O'Kane have been appointed to theCompany's Board of Directors effective as of August 3, 2005. Theirelection increases the number of directors to nine. Mr. Monro-Davieswill serve on the Company's Nominating and Governance Committee andits Risk Oversight Committee. Mr. O'Kane will serve as a member ofboth the Audit and Finance committees.

Dominic Frederico, President and Chief Executive Officer ofAssured Guaranty Ltd. commented, "We are pleased to announce theaddition of Robin and Michael to our Board. Their vast experience andknowledge of the financial markets will provide management withadditional guidance as we further develop Assured Guaranty's financialguaranty presence."

Mr. Monro-Davies is currently a board member of AXA UK and AXAAsia Pacific Holdings, a director of HSBC Bank plc, Chairman ofMergerMarket and is a member of the Board of Directors of AssuredGuaranty (UK) Ltd. From 1997 until his retirement in 2001, he wasChief Executive Officer of Fitch Ratings, the world's third largestrating agency.

Until his retirement, Mr. O'Kane was employed at TIAA-CREF in anumber of different capacities since 1986. He was most recently SeniorManaging Director, Securities Division, responsible for a significantportion of TIAA-CREF's $300 billion in assets under management.

Assured Guaranty Ltd. is a Bermuda-based holding company. Itsoperating subsidiaries provide credit enhancement products to the U.S.and international public finance, structured finance and mortgagemarkets. More information can be found athttp://www.assuredguaranty.com.

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