Notes: May 1, 2013 -- The following debt securities of the Company were extinguished and are of no further force or effect, except to continue in effect solely for the purposes of allowing the holders thereof to receive distributions provided under the Plan and related matters: (i) 5.875% debentures due on March 24, 2103; (ii) 5.95% debentures due on December 5, 2035; (iii) 5.95% debentures due on February 28, 2103; (iv) 7-1/2% debentures due on May 1, 2023; (v) 9-3/8% debentures due on August 1, 2011; (vi) 9.50% senior notes due on February 15, 2021; and (vii) the 6.15% Directly-Issued Subordinated Capital Securities due February 15, 2087. The Indentures related to the foregoing debt securities were correspondingly extinguished. ___________ November 08, 2010 -- Ambac Financial Group, Inc. (NYSE: ABK) announced today that it has filed for a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. The Company will continue to operate in the ordinary course of business as "debtor-in-possession" under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and the orders of the Bankruptcy Court.