ASSURED GUARANTY LTD — Director's Dealing 2016

May 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSURED GUARANTY LTD (AGO)
CIK: 0001273813
Period of Report: 2016-05-03

Reporting Person: Howard Bonnie L. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-03	Common Shares	F	974	$25.72	Disposed	19197	Direct
2016-05-04	Common Shares	A	4693	—	Acquired	23890	Direct

Footnotes

F1: Common Shares being withheld to pay tax liability.

F2: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2004 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2017 annual shareholders meeting.