MBIA INC — Director's Dealing 2012

Dec 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MBIA INC (MBI)
CIK: 0000814585
Period of Report: 2012-12-24

Reporting Person: BROWN JOSEPH W (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-24	Common Stock	G	749000	—	Disposed	3629446	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	749000	Indirect

Footnotes

F1: Shares gifted to 2012 Irrevocable Trust for Descendants of Joseph W. Brown.

F2: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or any other purpose.