CIFG Announces Plan to Double Claims Paying Resources; Fitch Reaffirms Triple-A

Fitch Ratings has reaffirmed CIFG's Triple-A rating with Stable Outlook.

"We are extremely pleased to have the support of the controllingshareholders of Natixis," said Jacques R. Rolfo, Chief Executive Officer ofCIFG. "This innovative agreement, structured in close consultation with therating agencies, will more than double CIFG's existing claims paying resourcesof $1.4 billion and strengthen its market position in the rapidly evolvingfinancial guaranty industry."

The credit quality of CIFG's insured exposures reflects its disciplinedunderwriting approach. CIFG stands by all of its existing commitments and theunderlying exposures in its guaranteed CDO portfolio have not experienced anydefaults that would require payment of claims.

    For additional information, please contact:    Media: Michael Ballinger at (212) 339-5507 or (914) 490-9567 or               Investors in the U.S.: Thomas Collimore at (212) 909-3952 or                               Investors in Europe: Thierry Dissaux at 33 1 58 55 65 13 or                         

CIFG Holding, Ltd. is the holding company for CIFG Guaranty, Ltd., CIFGAssurance North America, Inc. and CIFG Europe, its Triple-A rated financialguaranty insurance and reinsurance subsidiaries. CIFG is currently capitalizedwith over $1.4 billion in claims paying resources (before a $1.5 billion incapital support) and rated Triple-A by Moody's, Standard & Poor's and Fitch.CIFG provides insurance and reinsurance for investment grade transactions inthe structured finance, public finance and project finance markets in the USand Europe.