Exhibit 99

MGIC Investment Corporation

March 11, 2009

By U.S. Mail, Fax and Email

CEDE & CO.
PO Box 20
Bowling Green Station
New York, NY 10004

          Re: MGIC Investment Corporation
9% Convertible Junior Subordinated Debentures due 2063 (the “Debentures”)
CUSIP: 552848AB9

Ladies and Gentlemen:

This is notice that under Section 2.09 of the Indenture referred to below MGIC Investment Corporation is deferring until April 1, 2019 the payment of interest on the Debentures that would otherwise be due on April 1, 2009.

The Debentures are issued under the Indenture, dated as of March 28, 2008, between MGIC Investment Corporation and U.S. Bank National Association, as Trustee. The Trustee has advised us that you are the only Holder, as that term is defined in such Indenture, of the Debentures.

Very truly yours,

MGIC Investment Corporation

By:	/s/ J. Michael Lauer
	J. Michael Lauer
	Executive Vice President and
	Chief Financial Officer

cc: U.S. Bank National Association
Attention: Steven F. Posto

MGIC Plaza, P.O. Box 488, Milwaukee, Wisconsin 53201, (414) 347-6442
WATS (800) 558-9900