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Diane L. Dewbrey Elected to MBIA Inc.'s Board of Directors

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MBIA Inc. (NYSE:MBI) (the Company) today announced that on this day,
Tuesday, November 13, 2018, Ms. Diane L. Dewbrey (54) was elected to the
Company's Board of Directors, where she will also serve as a member of
the Audit, Finance and Risk, and Compensation and Governance Committees.

For five years, until its merger with Consolidated Communications in
2014, Ms. Dewbrey served as an Independent Director and then Chair
(2013-14) of the Board of Enventis, Inc.

"We are very pleased that Diane has accepted our invitation to join the
MBIA Board," said Charles Rinehart, Chairman of the MBIA Inc. Board of
Directors. "Diane has been consistently recognized for her board
leadership and contributions in community organizations. Additionally,
we are confident that her knowledge of and experience in the financial
services industry will contribute to our efforts to enhance MBIA Inc.'s
shareholder value."

Ms. Dewbrey earned her BS degree in Mathematics from Xavier University.
She is an NACD Governance Fellow and holds a Professional Director
Certification from the American College of Corporate Directors. Prior to
serving as a director at Enventis, she held various senior positions at
Fifth Third Bancorp, where over an eighteen year period she became
Senior Vice President & Director of Central Operations and a member of
the Executive Management Team, and at Foundation Bank, where in her ten
years with the company she served as CEO and a Director of the
Foundation Bancorp and Foundation Bank Board. Ms. Dewbrey is currently a
Director of the YMCA of Greater Seattle where she also serves as
Treasurer, member of the Executive Committee, and Chair of the
Investment Committee.

Forward-Looking Statements

This release includes statements that are not historical or current
facts and are "forward-looking statements" made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. The words "believe,, "anticipate," "project," "plan," "expect,"
"estimate," "intend," "will," "will likely result," "looking forward,"
or "will continue," and similar expressions identify forward-looking
statements. These statements are subject to certain risks and
uncertainties that could cause actual results to differ materially from
historical earnings and those presently anticipated or projected,
including, among other factors, the possibility that MBIA Inc. or
National will experience increased credit losses or impairments on
public finance obligations issued by state, local and territorial
governments and finance authorities that are experiencing unprecedented
fiscal stress; the possibility that loss reserve estimates are not
adequate to cover potential claims; MBIA Inc.'s or National's ability to
fully implement their strategic plan; and changes in general economic
and competitive conditions. These and other factors that could affect
financial performance or could cause actual results to differ materially
from estimates contained in or underlying MBIA Inc.'s or National's
forward-looking statements are discussed under the "Risk Factors"
section in MBIA Inc.'s most recent Annual Report on Form 10-K and
Quarterly Report on Form 10-Q, which may be updated or amended in MBIA
Inc.'s subsequent filings with the Securities and Exchange Commission.
MBIA Inc. and National caution readers not to place undue reliance on
any such forward-looking statements, which speak only to their
respective dates. National and MBIA Inc. undertake no obligation to
publicly correct or update any forward-looking statement if it later
becomes aware that such result is not likely to be achieved.

MBIA Inc., headquartered in Purchase, New York is a holding company
whose subsidiaries provide financial guarantee insurance for the public
and structured finance markets. Please visit MBIA's website at www.mbia.com.

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