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Ambac's Chairman to Present At Merrill Lynch Insurance Investor Conference.


Business Editors

NEW YORK--(BUSINESS WIRE)--Feb. 6, 2002

Ambac Financial Group Ambac Financial Group (NYSE: ABK) is an American Insurer of bonds, including municipal bonds.

Ambac Financial Group, Inc. (NYSE: ABK) is a holding company whose subsidiaries provide financial guarantee products and other financial services to clients in both
, Inc. (NYSE NYSE

See: New York Stock Exchange
: ABK) (Ambac) announced today that Phillip B. Lassiter, Ambac's Chairman and CEO, will present at the Merrill Lynch Insurance Investor Conference on February 12, 2002 from 9:15-9:50 a.m. (EST) at the St. Regis Hotel in New York City.

The presentation will be broadcast live on the Merrill Lynch Internet site and a replay will be available approximately 24 hours after the presentation for a total of 21 days. The link is: http://www.on24.com/clients/merrill/conference_020212/schedule12.html

Ambac Financial Group, Inc., headquartered in New York City, is a holding company whose affiliates provide financial guarantees and financial services to clients in both the public and private sectors around the world. Ambac's principal operating subsidiary, Ambac Assurance Corporation Ambac Assurance Corporation

A subsidiary of publicly traded Ambac Financial Group that provides financial guarantees for municipal borrowers and for asset-backed and structured issues.
, is a leading guarantor of municipal and structured finance obligations. It has earned triple-A ratings, the highest ratings available, from Moody's Investors Service Moody's Investors Service

A leading global credit rating, research and risk analysis firm.


Moody's Investors Service

A leading firm engaged in credit rating, risk analysis, and research of fixed-income securities and their issuers.
, Inc., Standard & Poor's Ratings Services, Fitch, Inc. and Rating and Investment Information, Inc. Ambac Financial Group, Inc. common stock is listed on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 (ticker symbol ABK).
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Publication:Business Wire
Geographic Code:1USA
Date:Feb 6, 2002
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