Radian Announces Early Results of Tender Offer for 5.625% Senior Notes Due 2013, Increases Maximum Payment Amount

Radian Group Inc.

today announced the early tender results for its previously announced “Modified Dutch Auction” tender offer (the “Tender Offer”) for a portion of its outstanding 5.625% Senior Notes Due 2013 (the “Notes”). In addition, Radian announced that it has increased the maximum payment amount by $50,000,000, such that Radian is now offering to purchase the maximum aggregate principal amount of the Notes that can be purchased for $150,000,000 (such amount, which includes any accrued and unpaid interest on the Notes, and subject to increase, the “Maximum Payment Amount”) and that the early participation time is extended to 11:59 p.m., New York City time, on March 21, 2012 (such date and time, as the same may be extended, the “Early Participation Time”). Except as described in this press release, the terms and conditions of the Tender Offer are set forth in Radian's Offer to Purchase dated February 23, 2012, as amended and supplemented by the Supplement to the Offer to Purchase dated March 2, 2012, and the accompanying Amended Letter of Transmittal (together, the “Offer Documents”). All terms and conditions of the Tender Offer other than the Maximum Payment Amount and the Early Participation Time remain unchanged.