Name & Title		Shares Beneficially Owned (¹)									Number of Shares Presently Covered by Plan
					Stock Options				Trading Plan in Effect (²)
					Exercisable		Unexercisable
Non-Employee Directors:
Maryann Bruce Director		16,274			N/A		N/A		None		N/A
David A. Coulter Director		169,731	(³)		N/A		N/A		None		N/A
Steven J. Gilbert Director		36,852			N/A		N/A		None		N/A
Daniel P. Kearney Non-Executive Chairman		217,489			N/A		N/A		None		N/A
Kewsong Lee Director		133,253	(³)		N/A		N/A		None		N/A
Charles R. Rinehart Director		77,371			N/A		N/A		None		N/A
Theodore Shasta Director		56,596			N/A		N/A		None		N/A
Richard C. Vaughan Director		58,452			N/A		N/A		None		N/A
Executive Officers:
Jay Brown Director, CEO		1,452,456	(4)		0		0		(²)		700,000
C. Edward Chaplin Pres., CAO & CFO		953,695			37,500		600,000		None		N/A
Clifford D. Corso EVP & CIO		13,958			0		0		None		N/A
William C. Fallon Pres. & COO		959,751			60,000		600,000		None		N/A
Douglas C. Hamilton AVP & Controller		83,725			5,500		0		None		N/A
Anthony McKiernan EVP & CPO		559,302			1,500		200,000		None		N/A
Ram D. Wertheim EVP, Chief Legal Officer & Secretary		476,246			60,000		450,000		None		N/A

Section 16 Filings
Please click on the link below to see any filings made by any of the above named directors and officers on Forms 3, 4 or 5 on or after July 1, 2003 pursuant to Section 16 of the Securities and Exchange Act of 1934.
Section 16 Filings

¹ This number includes (a) for directors, shares of Common Stock held directly, Common Stock equivalent deferral units held under the Company's Amended and Restated Deferred Compensation and Stock Ownership Plan for Non-Employee Directors and the MBIA Inc. 2005 Non-employee Director Deferred Compensation Plan, restricted stock awarded directors, some of which may be subject to forfeiture, and (b) for executive officers, shares of Common Stock held directly, shares held by the executive officers under the Company's exempt 401(k) Plan and non-qualified contribution retirement plan and restricted shares awarded to executive officers as part of their long-term compensation, some of which may be subject to forfeiture.

² Reflects trading plan(s) adopted pursuant to SEC Rule 10b5-1 under which the director or officer may purchase or sell shares on a periodic basis or upon occurrence of certain conditions, as specified in such plan(s).

³ Does not include indirect holdings of David Coulter and Kewsong Lee. See Form 4s of Messrs. Coulter and Lee for disclosure on indirect holdings.

⁴ Includes 749,000 shares held indirectly by family trust for which Mr. Brown has disclaimed beneficial ownership.