The PMI Group, Inc. Receives Continued Listing Standards Notice From the New York Stock Exchange

The PMI Group, Inc. (NYSE:

) today announced that the New York Stock Exchange (the "NYSE") has notified the Company that the Company has fallen below the NYSE's continued listing standard that requires a minimum average closing price of $1.00 per share over 30 consecutive trading days. Under NYSE rules, the Company has six months from receipt of the notice to regain compliance with the minimum share price requirement or until the Company's next annual meeting of stockholders, if stockholder approval is required, to cure the deficiency. Subject to compliance with the NYSE's other listing requirements during the cure period, the Company's common stock will continue to be listed and trade on the NYSE.