AMBAC FINL GROUP INC

Ticker: OSG CUSIP: 023139884 Class: Common Stock

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016

Shares 5,500 Value ($000) $91 Avg Close $16.04 Range $14.42 - $17.77

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	5,500	$91	$16.04	$14.42 - $17.77