MGIC Investment Announces Quarterly Dividend of $0.025 Per Share

MILWAUKEE, July 24 /PRNewswire-FirstCall/ — MGIC Investment Corporation’s (NYSE:MTG) Board of Directors today declared a quarterly cash dividend of $0.025 per share.

The dividend is payable September 2, 2008, to shareholders of record on August 8, 2008.

About MGIC

MGIC (http://www.mgic.com/), the principal subsidiary of MGIC Investment Corporation, is the nation’s leading provider of private mortgage insurance coverage with $226.4 billion primary insurance in force covering 1.5 million mortgages as of June 30, 2008. MGIC serves 3,300 lenders with locations across the country and in Puerto Rico, Guam and Australia, helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality.

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FCMN Contact:

Source: MGIC Investment Corporation

CONTACT: Investors, Michael J. Zimmerman, +1-414-347-6596,
mike_zimmerman@mgic.com, or Media, Katie Monfre, +1-414-347-2650,
katie_monfre@mgic.com, both of MGIC Investment Corporation

Web site: http://www.mgic.com/