2003

Financial Guaranty Insurance Company Hires Industry Veterans
December 22, 2003

Investor Group Acquires FGIC for $2.18 Billion from GE Capital Corp.
December 18, 2003

FGIC's 'AAA' Rating Affirmed Following Sale by GE Capital Corp.
December 18, 2003

Moody's Affirms Aaa Insurance Financial Strength Rating of FGIC
December 18, 2003

Fitch Affirms FGIC's 'AAA' IFS Rating Following Sale
December 18, 2003

Third Quarter 2003
November 3, 2003

Investor Group to Acquire FGIC for $2.16 Billion from GE Capital Corp.
August 4, 2003

The PMI Group, Inc. leads Investor Group in acquisition of FGIC
August 4, 2003

GE Insurance to sell FGIC to Investor Group led by the PMI Group, Inc.
August 4, 2003

Moody's Comments on the Sale of FGIC Following Announcement of Acquisition by Buyer Group
August 4, 2003

Standard & Poor's Research: An Analysis of the Sale of FGIC
August 4, 2003

Fitch Affirms FGIC's 'AAA' IFS Rating Following Announced Sale By GECC
August 4, 2003

Second Quarter 2003
July 25, 2003

First Quarter 2003
April 30, 2003