Published:

Fannie Mae Redemption

WASHINGTON, March 20 /PRNewswire-FirstCall/ -- Fannie Mae (NYSE: FNM) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amounts redeemed, plus accrued interest thereon to the date of redemption:

     Principal  Security Interest    Maturity         CUSIP   Redemption Date
      Amount      Type     Rate        Date
     $50,000,000  MTN     3.090%  June 30, 2008      3136F3G75 March 30, 2008
     $20,000,000  MTN     4.280%  June 30, 2008      3136F7BH9 March 30, 2008
      $7,750,000  MTN     3.120%  December 30, 2008  3136F3C95 March 30, 2008
     $75,000,000  MTN     3.610%  March 30, 2009     3136F5KW0 March 30, 2008
     $50,000,000  MTN     4.220%  September 30, 2009 3136F6FA2 March 30, 2008
    $100,000,000  MTN     5.000%  March 30, 2010     3136F62G3 March 30, 2008
     $50,000,000  MTN     4.200%  September 30, 2010 3136F5LF6 March 30, 2008
     $50,000,000  MTN     4.250%  September 30, 2010 3136F5LT6 March 30, 2008
     $25,000,000  MTNR    4.125%  December 30, 2014  3136F6TD1 March 30, 2008
    $150,000,000  MTN     5.370%  June 30, 2015      3136F7DP9 March 30, 2008
     $25,000,000  MTNR    5.000%  December 30, 2019  3136F6RK7 March 30, 2008
     $25,000,000  MTNR    5.000%  December 30, 2019  3136F6SX8 March 30, 2008

Fannie Mae is a shareholder-owned company with a public mission. We exist to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to ensure that mortgage bankers and other lenders have enough funds to lend to home buyers at low rates. Our job is to help those who house America.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable Offering Circular, and that no reliance may be placed on the completeness or accuracy of the information contained in this press release.

You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in the light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.

SOURCE Fannie Mae

Tags: ,FIN,RLT,DC-FannieMae-Redemptn

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Fannie Mae Redemption