Stock Trading History of Ratliff William T Iii

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Ratliff William T Iii since year 2005. The trader's CIK number is 1031362. At the time of this reporting, Ratliff William T Iii is the Chairman of Triad Guaranty Inc (stock ticker symbol TGIC).

Stock purchases, sales, and option exercises reported by *Ratliff William T Iii* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-11-13	TGIC	Triad Guaranty Inc	Purchase	7,000	7.46	52,255
2007-11-09	TGIC	Triad Guaranty Inc	Purchase	3,000	6.98	20,940
2007-11-08	TGIC	Triad Guaranty Inc	Purchase	10,000	6.61	66,075
2007-11-07	TGIC	Triad Guaranty Inc	Purchase	4,000	6.36	25,440
2007-01-10	TGIC	Triad Guaranty Inc	Option Exercise	9,750	20.07	195,682
2006-01-03	TGIC	Triad Guaranty Inc	Option Exercise	18,396	11.48	211,241
2005-11-28	TGIC	Triad Guaranty Inc	Purchase	24,000	43.05	1,033,199

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Ratliff William T Iii (Chairman of Triad Guaranty Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.