Common Contracts

PUT OPTION AGREEMENT between AMBAC ASSURANCE CORPORATION and ANCHORAGE FINANCE MASTER TRUST, ON BEHALF OF ITS SERIES ANCHORAGE FINANCE SUB-TRUST IV Dated as of May 23, 2002

Put Option Agreement • March 28th, 2003 • Ambac Financial Group Inc • Surety insurance

• Contract Type
  Put Option Agreement
• Filed
  March 28th, 2003
• Company
  Ambac Financial Group Inc
• Industry
  Surety insurance

This Put Option Agreement, dated as of May 23, 2002 (the “Agreement”), is by and between Ambac Assurance Corporation, a Wisconsin corporation (“Ambac Assurance”) and Anchorage Finance Master Trust (the “Master Trust”), a Delaware business trust, on behalf of its series, Anchorage Finance Sub-Trust IV (the “Sub-Trust”).

PUT OPTION AGREEMENT between AMBAC ASSURANCE CORPORATION and ANCHORAGE FINANCE MASTER TRUST, ON BEHALF OF ITS SERIES ANCHORAGE FINANCE SUB-TRUST II Dated as of May 23, 2002

Put Option Agreement • March 28th, 2003 • Ambac Financial Group Inc • Surety insurance

• Contract Type
  Put Option Agreement
• Filed
  March 28th, 2003
• Company
  Ambac Financial Group Inc
• Industry
  Surety insurance

This Put Option Agreement, dated as of May 23, 2002 (the “Agreement”), is by and between Ambac Assurance Corporation, a Wisconsin corporation (“Ambac Assurance”) and Anchorage Finance Master Trust (the “Master Trust”), a Delaware business trust, on behalf of its series, Anchorage Finance Sub-Trust II (the “Sub-Trust”).

PUT OPTION AGREEMENT between AMBAC ASSURANCE CORPORATION and ANCHORAGE FINANCE MASTER TRUST, ON BEHALF OF ITS SERIES ANCHORAGE FINANCE SUB-TRUST I Dated as of May 23, 2002

Put Option Agreement • March 28th, 2003 • Ambac Financial Group Inc • Surety insurance

• Contract Type
  Put Option Agreement
• Filed
  March 28th, 2003
• Company
  Ambac Financial Group Inc
• Industry
  Surety insurance

This Put Option Agreement, dated as of May 23, 2002 (the “Agreement”), is by and between Ambac Assurance Corporation, a Wisconsin corporation (“Ambac Assurance”) and Anchorage Finance Master Trust (the “Master Trust”), a Delaware business trust, on behalf of its series, Anchorage Finance Sub-Trust I (the “Sub-Trust”).

PUT OPTION AGREEMENT between AMBAC ASSURANCE CORPORATION and ANCHORAGE FINANCE MASTER TRUST, ON BEHALF OF ITS SERIES ANCHORAGE FINANCE SUB-TRUST III Dated as of May 23, 2002

Put Option Agreement • March 28th, 2003 • Ambac Financial Group Inc • Surety insurance

• Contract Type
  Put Option Agreement
• Filed
  March 28th, 2003
• Company
  Ambac Financial Group Inc
• Industry
  Surety insurance

This Put Option Agreement, dated as of May 23, 2002 (the “Agreement”), is by and between Ambac Assurance Corporation, a Wisconsin corporation (“Ambac Assurance”) and Anchorage Finance Master Trust (the “Master Trust”), a Delaware business trust, on behalf of its series, Anchorage Finance Sub-Trust III (the “Sub-Trust”).