Sutton Capital Trusts

Security  Money Market Committed Preferred Trust Securities (Sutton Capital Trusts) - $200 million aggregate (four trusts at $50 million per trust)

CUSIP:  N/A     

Ticker (if any):  N/A

Corporate issuer:  Assured Guaranty Municipal Corp

Guaranteed by:  N/A

Par/denomination:  $100,000 – 500 shares per trust

Coupon or dividend rate:  auction rate with a maximum of Libor plus 2.00%                  

Coupon or dividend record date:  N/A

                     payable date:  every 28 days

                     ex-date (if any):  N/A

Issue Date:  June 23, 2003

Maturity:  Perpetual

Call date/terms:  Issuer may exercise its put option and cause the related trust to purchase AGM preferred stock

Trustee contact information:  BNYMellon

Broker/Dealer:  UBS Securities LLC

Offering memorandum (pdf)