ASSURED GUARANTY LTD

Ticker: AGO CUSIP: G0585R106 Class: EQTY

COBALT CAPITAL MANAGEMENT, INC.'s Holding History (CIK: 0001086762)

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

Q2 2016

Shares 521,124 Value ($000) $13,221 Avg Close $21.86 Range $19.94 - $23.36

Q1 2016

Shares 1,050,124 Value ($000) $26,568 Avg Close $20.75 Range $18.35 - $22.59

Q4 2015

Shares 897,124 Value ($000) $23,711 Avg Close $22.54 Range $20.54 - $24.84

Q3 2015

Shares 545,500 Value ($000) $13,638 Avg Close $21.04 Range $19.17 - $22.46

Q2 2015

Shares 190,000 Value ($000) $4,558 Avg Close $23.19 Range $18.82 - $24.83

Q2 2013

Shares 1,886,521 Value ($000) $41,617 Avg Close $17.51 Range $15.17 - $19.83

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	521,124	$13,221	$21.86	$19.94 - $23.36
Q1 2016	1,050,124	$26,568	$20.75	$18.35 - $22.59
Q4 2015	897,124	$23,711	$22.54	$20.54 - $24.84
Q3 2015	545,500	$13,638	$21.04	$19.17 - $22.46
Q2 2015	190,000	$4,558	$23.19	$18.82 - $24.83
Q2 2013	1,886,521	$41,617	$17.51	$15.17 - $19.83