Radian Declares Quarterly Dividend on Common Stock

PHILADELPHIA, Nov. 12 /PRNewswire-FirstCall/ -- Radian Group Inc. (NYSE: RDN) announced today that the company's Board of Directors approved a quarterly dividend on its common stock in the amount of $0.0025 per share, payable on December 26, 2008, to stockholders of record as of November 24, 2008.

Radian Group Inc. is a global credit risk management company headquartered in Philadelphia with significant operations in New York and London. Radian develops innovative financial solutions by applying its core mortgage credit risk expertise and structured finance capabilities to the credit enhancement needs of the capital markets worldwide, primarily through credit insurance products. The company also provides credit enhancement for public finance and other corporate and consumer assets on both a direct and reinsurance basis and holds strategic interests in credit-based consumer asset businesses. Additional information may be found at www.radian.biz.