AMBAC FINL GROUP INC

Ticker: OSG CUSIP: 023139884 Class: Common Stock

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q1 2020

Shares 13,940 Value ($000) $172 Avg Close $19.17 Range $8.74 - $22.90

Q4 2019

Shares 13,940 Value ($000) $301 Avg Close $20.51 Range $19.05 - $21.95

Q3 2019

Shares 13,710 Value ($000) $268 Avg Close $18.37 Range $16.69 - $20.74

Q2 2019

Shares 13,510 Value ($000) $228 Avg Close $17.07 Range $14.44 - $19.28

Q1 2019

Shares 13,290 Value ($000) $241 Avg Close $19.10 Range $17.01 - $21.01

Q4 2018

Shares 13,110 Value ($000) $226 Avg Close $18.36 Range $15.02 - $21.38

Q2 2018

Shares 12,780 Value ($000) $254 Avg Close $18.46 Range $15.17 - $21.11

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	13,940	$172	$19.17	$8.74 - $22.90
Q4 2019	13,940	$301	$20.51	$19.05 - $21.95
Q3 2019	13,710	$268	$18.37	$16.69 - $20.74
Q2 2019	13,510	$228	$17.07	$14.44 - $19.28
Q1 2019	13,290	$241	$19.10	$17.01 - $21.01
Q4 2018	13,110	$226	$18.36	$15.02 - $21.38
Q2 2018	12,780	$254	$18.46	$15.17 - $21.11