CORRECTING and REPLACING MBIA Inc. Investor Conference Call to Discuss Second Quarter Financial Results Scheduled for Thursday, August 5 at 8:00 A.M. Eastern Time

Please replace the release with the following corrected version.

The updated release reads:

MBIA INC. INVESTOR CONFERENCE CALL TO DISCUSS SECOND QUARTER FINANCIAL RESULTS SCHEDULED FOR THURSDAY, AUGUST 5 AT 8:00 A.M. EASTERN TIME

MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Thursday, August 5 at 8:00 a.m. (ET) to discuss its second quarter 2021 financial results and other issues related to the Company. The dial-in number for the call is (877) 694-4769 in the U.S. and (404) 665-9935 from outside the U.S. The conference call code is 3781469.

The conference call will consist of brief comments on the second quarter 2021 results followed by a question and answer session for investors. MBIA’s financial results report and 10-Q filing will become available after the market closes on Wednesday, August 4, 2021. The financial results report, 10-Q and other disclosures will be posted on the Company's website, www.mbia.com, prior to the start of the conference call.

A replay of the conference call will become available approximately two hours after the completion of the call on August 5 and will remain available until 11:59 p.m. on August 19 by dialing (800) 585-8367 in the U.S. or (404) 537-3406 from outside the U.S. The replay call code is 3781469. The replay of the call will also be available on the Company's website.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210728006010/en/