Insider Trades - WALLIS DAVID W

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WALLIS DAVID W: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
AMBAC FINL GRP INC Officer NYSE:ABK (historical quotes, profile, SEC, other insiders)	29-Jan-10	428,513	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
29-Jan-10 1,193 ABK Disposition (Non Open Market) at $0.69 per share.
(Value of $823)
28-Jan-10 2,988 ABK Disposition (Non Open Market) at $0.69 per share.
(Value of $2,061)
29-Jul-09 407 ABK Disposition (Non Open Market) at $0.77 per share.
(Value of $313)
28-Jan-09 2,833 ABK Disposition (Non Open Market) at $1.29 per share.
(Value of $3,654)
23-Jan-09 834 ABK Disposition (Non Open Market) at $1.12 per share.
(Value of $934)
3-Dec-08 2,599 ABK Acquisition (Non Open Market) at $1.56 per share.
(Value of $4,054)
3-Sep-08 468 ABK Acquisition (Non Open Market) at $8.65 per share.
(Value of $4,048)
29-Jul-08 323 ABK Disposition (Non Open Market) at $2.11 per share.
(Value of $681)
4-Jun-08 1,623 ABK Acquisition (Non Open Market) at $2.49 per share.
(Value of $4,041)
6-May-08 342,293 ABK Acquisition (Non Open Market) at $4.93 per share.
(Value of $1,687,504)
7-Mar-08 6,250 ABK Purchase at $6.75 per share.
(Cost of $42,187)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
29-Jan-10	1,193	ABK	Disposition (Non Open Market) at $0.69 per share. (Value of $823)
28-Jan-10	2,988	ABK	Disposition (Non Open Market) at $0.69 per share. (Value of $2,061)
29-Jul-09	407	ABK	Disposition (Non Open Market) at $0.77 per share. (Value of $313)
28-Jan-09	2,833	ABK	Disposition (Non Open Market) at $1.29 per share. (Value of $3,654)
23-Jan-09	834	ABK	Disposition (Non Open Market) at $1.12 per share. (Value of $934)
3-Dec-08	2,599	ABK	Acquisition (Non Open Market) at $1.56 per share. (Value of $4,054)
3-Sep-08	468	ABK	Acquisition (Non Open Market) at $8.65 per share. (Value of $4,048)
29-Jul-08	323	ABK	Disposition (Non Open Market) at $2.11 per share. (Value of $681)
4-Jun-08	1,623	ABK	Acquisition (Non Open Market) at $2.49 per share. (Value of $4,041)
6-May-08	342,293	ABK	Acquisition (Non Open Market) at $4.93 per share. (Value of $1,687,504)
7-Mar-08	6,250	ABK	Purchase at $6.75 per share. (Cost of $42,187)