ASSURED GUARANTY LTD

Ticker: AGO CUSIP: G0585R106 Class: EQTY

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

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

Q3 2017

Shares 7,800 Value ($000) $294 Avg Close $37.09 Range $32.23 - $39.54

Q1 2016

Shares 2,500 Value ($000) $63 Avg Close $20.75 Range $18.35 - $22.59

Q3 2014

Shares 382,075 Value ($000) $8,466,782 Avg Close $19.13 Range $17.72 - $20.52

Q2 2014

Shares 314,871 Value ($000) $7,714,340 Avg Close $20.29 Range $18.86 - $21.96

Q1 2014

Shares 142,600 Value ($000) $3,610 Avg Close $19.26 Range $16.61 - $21.84

Q4 2013

Shares 174,002 Value ($000) $4,104 Avg Close $17.63 Range $14.40 - $20.16

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	7,800	$294	$37.09	$32.23 - $39.54
Q1 2016	2,500	$63	$20.75	$18.35 - $22.59
Q3 2014	382,075	$8,466,782	$19.13	$17.72 - $20.52
Q2 2014	314,871	$7,714,340	$20.29	$18.86 - $21.96
Q1 2014	142,600	$3,610	$19.26	$16.61 - $21.84
Q4 2013	174,002	$4,104	$17.63	$14.40 - $20.16