AMBAC FINL GROUP INC

Ticker: OSG CUSIP: 023139884 Class: Common Stock

Arbiter Partners Capital Management LLC's Holding History (CIK: 0001513193)

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

Q2 2014

Shares 292,327 Value ($000) $7,983 Avg Close $29.00 Range $26.37 - $32.20

Q1 2014

Shares 553,057 Value ($000) $17,161 Avg Close $27.62 Range $22.00 - $35.61

Q4 2013

Shares 823,198 Value ($000) $20,218 Avg Close $20.94 Range $15.03 - $25.16

Q3 2013

Shares 801,298 Value ($000) $14,536 Avg Close $22.78 Range $17.64 - $25.70

Q2 2013

Shares 608,298 Value ($000) $14,496 Avg Close $24.24 Range $18.00 - $27.25

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	292,327	$7,983	$29.00	$26.37 - $32.20
Q1 2014	553,057	$17,161	$27.62	$22.00 - $35.61
Q4 2013	823,198	$20,218	$20.94	$15.03 - $25.16
Q3 2013	801,298	$14,536	$22.78	$17.64 - $25.70
Q2 2013	608,298	$14,496	$24.24	$18.00 - $27.25