Assured Guaranty Ltd. Sets Meeting Date of March 16, 2009 and Record Date of February 6, 2009 for Special General Meeting of Shareholders.

HAMILTON, Bermuda -- Assured Guaranty Ltd. (NYSE:AGO) ("Assured" or the "Company") today announced March 16, 2009 as the meeting date and February 6, 2009 as the related record date for its Special General Meeting of Shareholders ("Special General Meeting") to vote on the issuance of Assured common shares to Dexia Holdings, Inc. or its designated affiliate in connection with Assured's proposed acquisition of Financial Security Assurance Holdings Ltd. and also to vote on the issuance of Assured common shares to WLR Recovery Fund IV, L.P. and/or its affiliated funds pursuant to a backstop commitment to provide the financing for the cash portion of the acquisition price to the extent Assured does not finance the cash portion of the acquisition price with the proceeds of a public offering of equity securities. Assured's shareholders as of the record date will be provided with notice and proxy materials and will be entitled to vote at the Special General Meeting.

This communication is not a solicitation of proxies from the holders of Assured's common shares. Assured has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission ("SEC") and will file a definitive proxy statement with the SEC. The definitive proxy statement will be sent on or about February 13, 2009 to Assured's shareholders of record as of the record date for the Special General Meeting. Shareholders are urged to read the definitive proxy statement and other relevant materials when they become available. The proxy statement, when it is available, and all of Assured's other documents filed with the SEC are available at no cost via the SEC's EDGAR database which can be found on the SEC's web site at www.sec.gov/idea/searchidea/webusers.htm. These materials are also available at no cost on the Investor Information page on Assured's website at www.assuredguaranty.com.

Assured, its management and its directors and officers may be deemed to be participants in the solicitation of proxies in connection with the Special General Meeting. Information about Assured and its directors and officers can be found in Assured's periodic reports filed with the SEC, as well as on the Investor Information page on Assured's website at www.assuredguaranty.com. Additional information regarding the interests of Assured's management and directors may be found in the proxy statement for the Special General Meeting when it becomes available.

Assured Guaranty Ltd. is a Bermuda-based holding company. Its operating subsidiaries provide credit enhancement products to the U.S. and international public finance, structured finance and mortgage markets. More information can be found at www.assuredguaranty.com.