Syncora Holdings Ltd. Announces Posting of Revised Fourth Quarter 2016 Operating Supplement for Syncora Guarantee Inc. and Syncora Capital Assurance Inc.

HAMILTON, Bermuda, Feb. 27, 2017 /PRNewswire/ -- Syncora Holdings Ltd. (the "Company") announced today that it has posted on its website at www.syncora.com, a revised Operating Supplement for the fourth quarter of 2016 for its wholly-owned subsidiaries, Syncora Guarantee Inc. and Syncora Capital Assurance Inc., in order to correct inadvertent typographical errors on page 10 related to the number of watch list credits for each operating company.

About Syncora Holdings Ltd.

Syncora Holdings Ltd. (OTC: SYCRF) is a Bermuda-domiciled holding company. Syncora Guarantee Inc. and Syncora Capital Assurance Inc. are wholly-owned subsidiaries of Syncora Holdings Ltd.

Contact

R. Sharon Smith

1-212-478-3400

investorrelations@scafg.com

Forward Looking Statements

This release contains statements about future results, plans and events that may constitute "forward-looking" statements.  We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release.  In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek," "comfortable with," "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology.  Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control.  These risks and uncertainties include, but are not limited to, the factors described in the Company's historical filing with the New York Department of Financial Services, and in the Company's, Syncora Guarantee Inc.'s and Syncora Capital Assurance Inc.'s GAAP and statutory financial statements, as applicable, posted on its website at www.syncora.com.  Readers are cautioned not to place undue reliance on forward-looking statements which speak only as of the date they are made.  The Company does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements are made.

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SOURCE Syncora Holdings Ltd.