Stock Trading History of Gandolfo Thomas J

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 Gandolfo Thomas J since year 2005. The trader's CIK number is 1216275. At the time of this reporting, Gandolfo Thomas J is the Senior Managing Director of Ambac Financial Group Inc (stock ticker symbol ABK).

Stock purchases, sales, and option exercises reported by *Gandolfo Thomas J* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-11-01	ABK	Ambac Financial Group Inc	Purchase	1,000	29.00	29,000
2007-02-09	ABK	Ambac Financial Group Inc	Option Exercise	14,000	56.14	785,960
2007-02-09	ABK	Ambac Financial Group Inc	Sale	16,000	89.14	1,426,320
2006-05-03	ABK	Ambac Financial Group Inc	Sale	5,625	82.78	465,637
2006-05-03	ABK	Ambac Financial Group Inc	Option Exercise	6,000	58.93	353,580

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 Gandolfo Thomas J (Senior Managing Director of Ambac Financial Group Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.