RDN Radian Group Inc

Radian Announces Stock Repurchase Plan PHILADELPHIA, May 11 /PRNewswire-FirstCall/ -- Radian Group Inc. announced today that its Board of Directors has authorized the repurchase of up to three million shares of Radian's common stock on the open market. Under this new program, share purchases may be made from time to time depending on market conditions, share price and other factors and will be funded from available working capital. Radian Group Inc. is a leading credit enhancement provider to the global financial and capital markets, headquartered in Philadelphia. Radian's subsidiaries provide products and services through three business lines: financial guaranty, mortgage insurance and other financial services. Additional information may be found at http://www.radiangroupinc.com/. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Radian Group Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently completed fiscal year. DATASOURCE: Radian Group Inc. CONTACT: Investors: Mona Zeehandelaar, +1-215-231-1674, ; Media: Emily Riley, +1-215-231-1328, , both of Radian Group Web site: http://www.radiangroupinc.com/

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