Assured Guaranty Ltd. 11,764,705 Common Shares UNDERWRITING AGREEMENTUnderwriting Agreement • December 21st, 2007 • Assured Guaranty LTD • Surety insurance • New York
Assured Guaranty Ltd., a Bermuda company (the “Issuer”), subject to the terms and conditions stated herein, proposes to issue and sell to the several underwriters named in Schedule A (the “Underwriters”) an aggregate of 11,764,705 of its common shares (the “Firm Shares”), par value $0.01 per share (the “Common Shares”). In addition, the Issuer has granted to the Underwriters an option to purchase up to an additional 1,764,705 Common Shares (the “Optional Shares”), as provided in Section 2 (the Firm Shares and, if and to the extent such option is exercised, the Optional Shares are collectively called the “Securities”). Banc of America Securities LLC (“BAS”) and Merrill Lynch, Pierce, Fenner & Smith Incorporated have agreed to act as representatives of the several Underwriters (in such capacity, the “Representatives”) in connection with the offering and sale of the Securities.
