Insider Trades - WHALEY RUTH M

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WHALEY RUTH M: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
M B I A INC Officer NYSE:MBI (historical quotes, profile, other insiders)	5-Mar-08	64,403	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
5-Mar-08 7,988 MBI Disposition (Non Open Market) at $0 per share.
4-Mar-08 6,800 MBI Purchase at $12.52 - $12.55 per share.
(Cost of about $85,000)
11-Feb-08 1,325 MBI Disposition (Non Open Market) at $13.58 per share.
(Value of $17,993)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
5-Mar-08	7,988	MBI	Disposition (Non Open Market) at $0 per share.
4-Mar-08	6,800	MBI	Purchase at $12.52 - $12.55 per share. (Cost of about $85,000)
11-Feb-08	1,325	MBI	Disposition (Non Open Market) at $13.58 per share. (Value of $17,993)