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Ripplewood Holdings Mulls Monoline Business -NY Post

Last Update: 5/28/2008 11:32:35 AM

DOW JONES NEWSWIRES

Ripplewood Holdings is in early discussions on creating a so-called monoline
insurance venture to compete with the likes of Ambac Financial (ABK) and MBIA
Inc. (MBI), the New York Post reported Wednesday on its Web site, citing people
familiar with the situation.

Ripplewood declined comment.

Ripplewood would look to raise some $1.5 billion to launch its effort, the
newspaper quoted one person as saying.

-Web site: www.nypost.com

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