    <SEC-DOCUMENT>0000874501-16-000192-index.html : 20160420
    <SEC-HEADER>0000874501-16-000192.hdr.sgml : 20160420
    <ACCEPTANCE-DATETIME>20160420171018
    ACCESSION NUMBER:		0000874501-16-000192
    CONFORMED SUBMISSION TYPE:	DEFA14A
    PUBLIC DOCUMENT COUNT:		55
    FILED AS OF DATE:		20160420
    DATE AS OF CHANGE:		20160420
    EFFECTIVENESS DATE:		20160420

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			AMBAC FINANCIAL GROUP INC
    		CENTRAL INDEX KEY:			0000874501
    		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
    		IRS NUMBER:				133621676
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		DEFA14A
    		SEC ACT:		1934 Act
    		SEC FILE NUMBER:	001-10777
    		FILM NUMBER:		161581934

    	BUSINESS ADDRESS:
    		STREET 1:		ONE STATE ST PLZ
    		CITY:			NEW YORK
    		STATE:			NY
    		ZIP:			10004
    		BUSINESS PHONE:		2126680340

    	MAIL ADDRESS:
    		STREET 1:		ONE STATE ST PLZ
    		CITY:			NEW YORK
    		STATE:			NY
    		ZIP:			10004

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	AMBAC INC /DE/
    		DATE OF NAME CHANGE:	19930328
    </SEC-HEADER>
    <DOCUMENT>
    <TYPE>DEFA14A
    <SEQUENCE>1
    <FILENAME>a05-00512definitiveadditio.htm
    <DESCRIPTION>DEFA14A
    <TEXT>
    Document 1 - file: a05-00512definitiveadditio.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>EX-99
    <SEQUENCE>2
    <FILENAME>ambacpresentationinvesto.htm
    <DESCRIPTION>EXHIBIT 99
    <TEXT>
    Document 2 - file: ambacpresentationinvesto.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>3
    <FILENAME>ambacpresentationinvesto001.jpg
    <TEXT>
    Document 3 - file: ambacpresentationinvesto001.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>4
    <FILENAME>ambacpresentationinvesto002.jpg
    <TEXT>
    Document 4 - file: ambacpresentationinvesto002.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>5
    <FILENAME>ambacpresentationinvesto003.jpg
    <TEXT>
    Document 5 - file: ambacpresentationinvesto003.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>6
    <FILENAME>ambacpresentationinvesto004.jpg
    <TEXT>
    Document 6 - file: ambacpresentationinvesto004.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>7
    <FILENAME>ambacpresentationinvesto005.jpg
    <TEXT>
    Document 7 - file: ambacpresentationinvesto005.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>8
    <FILENAME>ambacpresentationinvesto006.jpg
    <TEXT>
    Document 8 - file: ambacpresentationinvesto006.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>9
    <FILENAME>ambacpresentationinvesto007.jpg
    <TEXT>
    Document 9 - file: ambacpresentationinvesto007.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>10
    <FILENAME>ambacpresentationinvesto008.jpg
    <TEXT>
    Document 10 - file: ambacpresentationinvesto008.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>11
    <FILENAME>ambacpresentationinvesto009.jpg
    <TEXT>
    Document 11 - file: ambacpresentationinvesto009.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>12
    <FILENAME>ambacpresentationinvesto010.jpg
    <TEXT>
    Document 12 - file: ambacpresentationinvesto010.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>13
    <FILENAME>ambacpresentationinvesto011.jpg
    <TEXT>
    Document 13 - file: ambacpresentationinvesto011.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>14
    <FILENAME>ambacpresentationinvesto012.jpg
    <TEXT>
    Document 14 - file: ambacpresentationinvesto012.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>15
    <FILENAME>ambacpresentationinvesto013.jpg
    <TEXT>
    Document 15 - file: ambacpresentationinvesto013.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>16
    <FILENAME>ambacpresentationinvesto014.jpg
    <TEXT>
    Document 16 - file: ambacpresentationinvesto014.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>17
    <FILENAME>ambacpresentationinvesto015.jpg
    <TEXT>
    Document 17 - file: ambacpresentationinvesto015.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>18
    <FILENAME>ambacpresentationinvesto016.jpg
    <TEXT>
    Document 18 - file: ambacpresentationinvesto016.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>19
    <FILENAME>ambacpresentationinvesto017.jpg
    <TEXT>
    Document 19 - file: ambacpresentationinvesto017.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>20
    <FILENAME>ambacpresentationinvesto018.jpg
    <TEXT>
    Document 20 - file: ambacpresentationinvesto018.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>21
    <FILENAME>ambacpresentationinvesto019.jpg
    <TEXT>
    Document 21 - file: ambacpresentationinvesto019.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>22
    <FILENAME>ambacpresentationinvesto020.jpg
    <TEXT>
    Document 22 - file: ambacpresentationinvesto020.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>23
    <FILENAME>ambacpresentationinvesto021.jpg
    <TEXT>
    Document 23 - file: ambacpresentationinvesto021.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>24
    <FILENAME>ambacpresentationinvesto022.jpg
    <TEXT>
    Document 24 - file: ambacpresentationinvesto022.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>25
    <FILENAME>ambacpresentationinvesto023.jpg
    <TEXT>
    Document 25 - file: ambacpresentationinvesto023.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>26
    <FILENAME>ambacpresentationinvesto024.jpg
    <TEXT>
    Document 26 - file: ambacpresentationinvesto024.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>27
    <FILENAME>ambacpresentationinvesto025.jpg
    <TEXT>
    Document 27 - file: ambacpresentationinvesto025.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>28
    <FILENAME>ambacpresentationinvesto026.jpg
    <TEXT>
    Document 28 - file: ambacpresentationinvesto026.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>29
    <FILENAME>ambacpresentationinvesto027.jpg
    <TEXT>
    Document 29 - file: ambacpresentationinvesto027.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>30
    <FILENAME>ambacpresentationinvesto028.jpg
    <TEXT>
    Document 30 - file: ambacpresentationinvesto028.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>31
    <FILENAME>ambacpresentationinvesto029.jpg
    <TEXT>
    Document 31 - file: ambacpresentationinvesto029.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>32
    <FILENAME>ambacpresentationinvesto030.jpg
    <TEXT>
    Document 32 - file: ambacpresentationinvesto030.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>33
    <FILENAME>ambacpresentationinvesto031.jpg
    <TEXT>
    Document 33 - file: ambacpresentationinvesto031.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>34
    <FILENAME>ambacpresentationinvesto032.jpg
    <TEXT>
    Document 34 - file: ambacpresentationinvesto032.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>35
    <FILENAME>ambacpresentationinvesto033.jpg
    <TEXT>
    Document 35 - file: ambacpresentationinvesto033.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>36
    <FILENAME>ambacpresentationinvesto034.jpg
    <TEXT>
    Document 36 - file: ambacpresentationinvesto034.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>37
    <FILENAME>ambacpresentationinvesto035.jpg
    <TEXT>
    Document 37 - file: ambacpresentationinvesto035.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>38
    <FILENAME>ambacpresentationinvesto036.jpg
    <TEXT>
    Document 38 - file: ambacpresentationinvesto036.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>39
    <FILENAME>ambacpresentationinvesto037.jpg
    <TEXT>
    Document 39 - file: ambacpresentationinvesto037.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>40
    <FILENAME>ambacpresentationinvesto038.jpg
    <TEXT>
    Document 40 - file: ambacpresentationinvesto038.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>41
    <FILENAME>ambacpresentationinvesto039.jpg
    <TEXT>
    Document 41 - file: ambacpresentationinvesto039.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>42
    <FILENAME>ambacpresentationinvesto040.jpg
    <TEXT>
    Document 42 - file: ambacpresentationinvesto040.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>43
    <FILENAME>ambacpresentationinvesto041.jpg
    <TEXT>
    Document 43 - file: ambacpresentationinvesto041.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>44
    <FILENAME>ambacpresentationinvesto042.jpg
    <TEXT>
    Document 44 - file: ambacpresentationinvesto042.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>45
    <FILENAME>ambacpresentationinvesto043.jpg
    <TEXT>
    Document 45 - file: ambacpresentationinvesto043.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>46
    <FILENAME>ambacpresentationinvesto044.jpg
    <TEXT>
    Document 46 - file: ambacpresentationinvesto044.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>47
    <FILENAME>ambacpresentationinvesto045.jpg
    <TEXT>
    Document 47 - file: ambacpresentationinvesto045.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>48
    <FILENAME>ambacpresentationinvesto046.jpg
    <TEXT>
    Document 48 - file: ambacpresentationinvesto046.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>49
    <FILENAME>ambacpresentationinvesto047.jpg
    <TEXT>
    Document 49 - file: ambacpresentationinvesto047.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>50
    <FILENAME>ambacpresentationinvesto048.jpg
    <TEXT>
    Document 50 - file: ambacpresentationinvesto048.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>51
    <FILENAME>ambacpresentationinvesto049.jpg
    <TEXT>
    Document 51 - file: ambacpresentationinvesto049.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>52
    <FILENAME>ambacpresentationinvesto050.jpg
    <TEXT>
    Document 52 - file: ambacpresentationinvesto050.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>53
    <FILENAME>ambacpresentationinvesto051.jpg
    <TEXT>
    Document 53 - file: ambacpresentationinvesto051.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>54
    <FILENAME>ambacpresentationinvesto052.jpg
    <TEXT>
    Document 54 - file: ambacpresentationinvesto052.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>55
    <FILENAME>ambacpresentationinvesto053.jpg
    <TEXT>
    Document 55 - file: ambacpresentationinvesto053.jpg

    </DOCUMENT>
    </SEC-DOCUMENT>