Insider Trades - CALLEN MICHAEL A

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CALLEN MICHAEL A: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
AMBAC FINL GRP INC Officer NYSE:ABK (historical quotes, profile, SEC, other insiders)	3-Jun-09	108,762	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
3-Jun-09 13,977 ABK Disposition (Non Open Market) at $1.27 per share.
(Value of $17,750)
3-Dec-08 292 ABK Acquisition (Non Open Market) at $1.56 per share.
(Value of $455)
3-Sep-08 53 ABK Acquisition (Non Open Market) at $8.65 per share.
(Value of $458)
2-Jul-08 10,000 ABK Purchase at $1.08 per share.
(Cost of $10,800)
23-Jun-08 10,000 ABK Purchase at $1.92 per share.
(Cost of $19,200)
12-Jun-08 10,000 ABK Purchase at $2 per share.
(Cost of $20,000)
5-Jun-08 10,000 ABK Purchase at $2.60 per share.
(Cost of $26,000)
4-Jun-08 48 ABK Acquisition (Non Open Market) at $2.49 per share.
(Value of $119)
3-Jun-08 33,334 ABK Acquisition (Non Open Market) at $3 per share.
(Value of $100,002)
7-Mar-08 25,000 ABK Purchase at $6.75 per share.
(Cost of $168,750)
5-Mar-08 101 ABK Acquisition (Non Open Market) at $8.70 per share.
(Value of $878)
5-Dec-07 111 ABK Acquisition (Non Open Market) at $23.52 per share.
(Value of $2,610)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
3-Jun-09	13,977	ABK	Disposition (Non Open Market) at $1.27 per share. (Value of $17,750)
3-Dec-08	292	ABK	Acquisition (Non Open Market) at $1.56 per share. (Value of $455)
3-Sep-08	53	ABK	Acquisition (Non Open Market) at $8.65 per share. (Value of $458)
2-Jul-08	10,000	ABK	Purchase at $1.08 per share. (Cost of $10,800)
23-Jun-08	10,000	ABK	Purchase at $1.92 per share. (Cost of $19,200)
12-Jun-08	10,000	ABK	Purchase at $2 per share. (Cost of $20,000)
5-Jun-08	10,000	ABK	Purchase at $2.60 per share. (Cost of $26,000)
4-Jun-08	48	ABK	Acquisition (Non Open Market) at $2.49 per share. (Value of $119)
3-Jun-08	33,334	ABK	Acquisition (Non Open Market) at $3 per share. (Value of $100,002)
7-Mar-08	25,000	ABK	Purchase at $6.75 per share. (Cost of $168,750)
5-Mar-08	101	ABK	Acquisition (Non Open Market) at $8.70 per share. (Value of $878)
5-Dec-07	111	ABK	Acquisition (Non Open Market) at $23.52 per share. (Value of $2,610)