Sean McCarthy Is Leaving Assured Guaranty

March 7, 2011

1assured-guarantyBermuda-based Assured Guaranty Ltd., which through its subsidiaries, guarantees municipal bonds and structured financings, announced today [Mar.7] that Séan W. McCarthy, Chief Operating Officer of Assured Guaranty, will be leaving the company at the end of the month to pursue other opportunities.

Assured Guaranty’s operating units will report directly to Dominic Frederico, president and CEO of Assured Guaranty.

“Séan joined Assured Guaranty in July 2009, when we acquired Assured Guaranty Municipal Holdings Inc., formerly Financial Security Assurance Holdings Ltd., and has made a strong contribution toward the successful integration of FSA Holdings into Assured Guaranty,” said Mr. Frederico. “Over 24 years at FSA, Séan played a major role in building FSA into an industry leader and served as its president and COO from 2002 to 2009. We wish him the best in his new endeavors.”

Assured Guaranty Ltd. is a publicly-traded Bermuda holding company. Its operating subsidiaries provide credit enhancement products to the US and international public finance, infrastructure and structured finance markets.

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