AMBAC'S CHAIRMAN TO PRESENT AT LEHMAN BROTHERS FINANCIAL SERVICES CONFERENCE
NEW YORK, September 2, 2003--Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) announced today that Phillip B. Lassiter, Ambac's Chairman and CEO, will present at the Lehman Brothers Financial Services Conference on September 9, 2003, at 10:15 a.m. (EST) at The Westin New York at Times Square in New York City.
The presentation will be broadcast live on the Lehman Brothers Internet site and a replay will be available approximately 24 hours after the presentation for a total of 90 days. The link is:
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, is a leading guarantor of municipal and structured finance obligations. It has earned triple-A ratings, the highest ratings available, from Moody's Investors Service, Inc., Standard & Poor's Ratings Services, Fitch, Inc. and Rating and Investment Information, Inc. Ambac Financial Group, Inc. common stock is listed on the New York Stock Exchange (ticker symbol ABK).