ASSURED GUARANTY LTD

Ticker: AGO CUSIP: G0585R106 Class: EQTY

Kerrisdale Advisers, LLC's Holding History (CIK: 0001569688)

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

Q4 2013

Shares 56,529 Value ($000) $1,332 Avg Close $17.63 Range $14.40 - $20.16

Q3 2013

Shares 54,118 Value ($000) $1,015 Avg Close $17.07 Range $14.90 - $19.03

Q2 2013

Shares 50,425 Value ($000) $1,113 Avg Close $17.51 Range $15.17 - $19.83

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	56,529	$1,332	$17.63	$14.40 - $20.16
Q3 2013	54,118	$1,015	$17.07	$14.90 - $19.03
Q2 2013	50,425	$1,113	$17.51	$15.17 - $19.83