MBIA INC — Director's Dealing 2011

May 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MBIA INC (MBI)
CIK: 0000814585
Period of Report: 2011-05-19

Reporting Person: Fallon William C (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-19	Common Stock	P	100	$8.9385	Acquired	385381	Direct
2011-05-19	Common Stock	P	4800	$8.94	Acquired	390181	Direct
2011-05-19	Common Stock	P	4500	$8.95	Acquired	394681	Direct
2011-05-19	Common Stock	P	6700	$8.96	Acquired	401381	Direct
2011-05-19	Common Stock	P	3900	$8.97	Acquired	405281	Direct