NRI, S.A. Ibrahim Joins Radian global credit
US company as Chief Executive Officer

PHILADELPHIA, April 27, 2005
NRI press

Radian Group Inc. (NYSE: RDN), a leading provider of global credit enhancement products and services, today announced the appointment of S.A. Ibrahim, 53, a 27-year veteran of the banking and mortgage industries, as chief executive officer, effective May 5. Mr. Ibrahim succeeds Frank Filipps, who is retiring from Radian.

Mr. Ibrahim joins Radian from GreenPoint Mortgage, a leading national mortgage banking company, where he has served as president and chief executive officer since 1999. During his tenure, Mr. Ibrahim led GreenPoint through a period of dramatic growth in originations, market share and income, driven by product development, technology leadership and the establishment of successful industry partnerships and entrepreneurial new ventures. Mr. Ibrahim also served as chief operating officer at GreenPoint, leading the company through the successful acquisition of Headlands Mortgage. Through this process, he managed the integration of various corporate cultures as well as disparate operational environments.

Mr. Ibrahim's experience in building operating platforms and infrastructure includes a position with American Express, where he served as the head of international operations reengineering. Before American Express, Mr. Ibrahim was CEO and COO of Chemical Banking Corporation's mortgage lending unit, where he helped transform the company into a nationally recognized mortgage lender.

"S.A. will be an exceptional CEO," said Lead Director Herbert Wender. "With 27 years of experience and proven success, he is a well-established leader in the financial services industry, and he brings tremendous knowledge and vision. The Board and I look forward to working with S.A., as Radian applies its risk management expertise to new challenges in financial markets around the world."

Mr. Ibrahim is a graduate of the Wharton School of the University of Pennsylvania, where he received an M.B.A. in finance in 1978. He received a bachelor of engineering degree in mechanical engineering from Osmania University in India in 1975.

"I'm very pleased to take on this exciting new responsibility," said Mr. Ibrahim. "Radian has built a solid reputation for innovation and customer focus. I look forward to working with the Radian team to continue that culture of excellence."

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

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