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AmTrust Financial Services 7.25% Subordinated Notes Due 6/15/2055

By: ,

Date Issued   6/12/2015

Shares Issued  6,000,000   Overallotment  900,000

S&P Rating NR            Moodys Rating    NR

Security Ticker Symbol   AFSS

Market Traded ON   NYSE

Interest Payment Paid on the 15th of March, June, September and December beginning on 09/15/2015

Quarterly Interest   .453   Annual Interest   1.8125

Securities may be redeemed, at the issuers option, as early as 6/18/2020 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   6/15/2055

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