PMI Promotes Robert H. Fore III to Assistant Vice President, Global Taxation

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The PMI Group, Inc. (NYSE: PMI) has announced the promotion of Robert H. Fore III to Assistant Vice President, Global Taxation, responsible for directing the global corporate tax function, including the management of global tax risks and the establishment and maintenance of global tax accounting and reporting policies and procedures.

Fore joined PMI’s Corporate Tax Department in 2001, and in 2004 was asked to manage the accounting operations of CMG Mortgage Insurance Company, a PMI joint venture that serves the credit union market. He was promoted to Director of CMG Accounting in January 2005.

“As PMI continues to expand internationally, our global corporate tax function has become increasingly important,” said Tom Jeter, Vice President and Corporate Controller. “Rob’s knowledge of and experience with U.S. and foreign tax issues, policies, risks, and accounting principles will be invaluable as we continue to grow as an organization.”

Prior to joining PMI, Fore was a Senior Manager in the International Tax Group of Deloitte & Touche’s San Francisco office, where he provided tax consulting services to multinational corporations. Fore has a BA from the University of California at Santa Barbara and an MS in Taxation from Golden Gate University. He is also a Certified Public Accountant. He has taught various tax classes and seminars around the Bay Area, and is an active member of the San Francisco chapter of Tax Executives Institute.

The PMI Group, Inc.

The PMI Group, Inc. (NYSE: PMI), headquartered in Walnut Creek, CA, provides innovative credit, capital, and risk transfer solutions that expand homeownership and fund essential services for our customers and the communities they serve around the world. Through its wholly and partially owned subsidiaries, PMI offers residential mortgage insurance and credit enhancement products, financial guaranty insurance, and financial guaranty reinsurance. PMI has operations in Asia, Australia and New Zealand, Europe, and the United States. For more information:

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