Ambac’s Form 10-K Filing to Be Delayed
March 30, 2010 05:03 PM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Ambac Financial Group, Inc. (NYSE: ABK) (Ambac)
announced today that it will not be filing its Form 10-K on or prior to March 31, 2010. Due to the significant events
which are described in its Form 8-K filed with the Securities Exchange Commission on March 25, 2010, Ambac is
revising its Form 10-K to address the impacts of these events on its financial statements and disclosure. Ambac
expects to file its Form 10-K as soon as it has made all of the necessary revisions.
Ambac Financial Group, Inc., headquartered in New York City, is a holding company whose affiliates provide
financial guarantees and financial services to clients in both the public and private sectors around the world. Ambac's
principal operating subsidiary, Ambac Assurance Corporation, a guarantor of public finance and structured finance
obligations, has a Caa2 rating from Moody's Investors Service, Inc. and an R (regulatory intervention) financial
strength rating from Standard & Poor's Ratings Services. Ambac Financial Group, Inc. common stock is listed on
the New York Stock Exchange (ticker symbol ABK).
Ambac Financial Group, Inc.
Peter Poillon, 212-208-3222