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STIPULATION AND [PROPOSED] ORDER 

CASE NO. C-08-1405-SI 

GEORGE A. RILEY (S.B. #118304) 

O’MELVENY & MYERS LLP 

Two Embarcadero Center, 28th Floor 

San Francisco, California 94111-3823 

Telephone: (415) 984-8700 

Facsimile: (415) 984-8701 

Email: griley@omm.com 

MEREDITH N. LANDY (S.B. #136489) 

PETER T. SNOW (S.B. #222117) 

O’MELVENY & MYERS LLP 

2765 Sand Hill Road 

Menlo Park, California 94025 

Telephone: (650) 473-2600 

Facsimile: (650) 473-2601 

Email: mlandy@omm.com 

psnow@omm.com 

Attorneys for Defendants 

The PMI Group, Inc., L. Stephen Smith, Bradley M. 

Shuster, David H. Katkov and Donald P. Lofe, Jr. 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

IN RE THE PMI GROUP, INC. 

SECURITIES LITIGATION 

THIS DOCUMENT RELATES TO: 

ALL ACTIONS 

Case No. C-08-1405-SI 

CLASS ACTION

STIPULATION AND [PROPOSED] 

ORDER EXTENDING TIME TO FILE 

ANSWER TO FIRST AMENDED 

COMPLAINT 

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STIPULATION AND [PROPOSED] ORDER 

CASE NO. C-08-1405-SI 

STIPULATION

WHEREAS, on July 24, 2009, Lead Plaintiff filed the First Amended Complaint For 

Violation Of The Federal Securities Laws (“First Amended Complaint”); 

WHEREAS, on September 2, 2009, defendants The PMI Group, Inc., L. Stephen Smith, 

Bradley M. Shuster, David H. Katkov and Donald P. Lofe, Jr. (collectively, “Defendants”) filed a 

motion to dismiss the First Amended Complaint; 

WHEREAS, on November 2, 2009, the Court entered an Order Denying Defendants’ 

Motion to Dismiss First Amended Complaint; 

WHEREAS, on November 16, 2009, pursuant to the parties’ stipulation, the Court entered 

an order extending Defendants’ time to file their Answer to the First Amended Complaint to 

December 21, 2009; 

WHEREAS, on December 14, 2009, pursuant to the parties’ stipulation, the Court entered 

an order extending Defendants’ time to file their Answer to the First Amended Complaint to 

January 21, 2010; 

WHEREAS, the parties have met and conferred and have agreed that Defendants may 

have an additional extension of time to respond to the First Amended Complaint, which will not 

otherwise affect the schedule for the case, including discovery; 

WHEREAS, discovery has commenced, and the parties exchanged their initial disclosures 

pursuant to Federal Rule of Civil Procedure 26 on December 21, 2009; 

NOW, THEREFORE, the undersigned parties hereby stipulate and agree, and respectfully 

request that the Court enter an order, as follows: 

//

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- 2 - STIPULATION AND [PROPOSED] ORDER 

CASE NO. C-08-1405-SI 

1. Defendants shall file their Answer to the First Amended Complaint on or before 

February 11, 2010. 

IT IS SO STIPULATED. 

Dated: January __, 2010 

O’MELVENY & MYERS LLP 

By: /s/ 

 Meredith N. Landy 

Attorneys for Defendants 

The PMI Group, Inc., L. Stephen Smith, 

Bradley M. Shuster, David H. Katkov and 

Donald P. Lofe, Jr.

Dated: January __, 2010 

COUGHLIN STOIA GELLER RUDMAN & 

ROBBINS LLP 

By: /s/

 Jeffrey W. Lawrence 

Attorneys for Lead Plaintiff 

Locals 302 and 612 of the International Union 

of Operating Engineers-Employers 

Construction Industry Retirement Trust, 

Individually and on Behalf of All Others 

Similarly Situated 

I, Meredith N. Landy, am the ECF User whose ID and password are being used to file this 

Stipulation and [Proposed] Order Extending Time to File Answer to First Amended Complaint. 

In compliance with General Order 45, X.B., I hereby attest that Jeffrey W. Lawrence has 

concurred in this filing. 

By: /s/ Meredith N. Landy _______________

 Meredith N. Landy 

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- 3 - STIPULATION AND [PROPOSED] ORDER 

CASE NO. C-08-1405-SI 

O R D E R

 PURSUANT TO STIPULATION, IT IS SO ORDERED. 

DATED: January __, 2010 

 The Honorable Susan Illston 

 United States District Judge 

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