Fannie Mae Redemption

WASHINGTON, Jan. 22 /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 Date CUSIP Redemption Date
Amount Type Rate

$9,506,000 FINP 5.000% February 1, 2011 3135A0G60 February 1,
2008
$3,026,000 FINP 5.250% February 1, 2012 3135A0G86 February 1,
2008
$7,543,000 FINP 5.500% November 17, 2015 3135A0NP0 February 1,
2008
$5,290,000 FINP 5.250% August 17, 2016 3135A0WV7 February 1,
2008
$2,769,000 FINP 4.500% May 19, 2011 3135A0GU7 February 1,
2008
$7,012,000 FINP 5.500% December 29, 2015 3135A0PV5 February 1,
2008
$1,503,000 FINP 5.750% June 15, 2016 3135A0UR8 February 1,
2008
$26,220,000 FINP 4.500% March 16, 2012 3135A0AB5 February 1,
2008
$3,569,000 FINP 5.500% January 11, 2016 3135A0QC6 February 1,
2008
$20,905,000 FINP 4.500% November 30, 2012 3135A0HH5 February 1,
2008
$14,407,000 FINP 5.500% January 12, 2016 3135A0QF9 February 1,
2008
$6,020,000 FINP 5.000% March 30, 2016 3135A0SN0 February 1,
2008
$7,836,000 FINP 6.000% July 27, 2021 3135A0WC9 February 1,
2008
$8,319,000 FINS 4.500% April 29, 2011 3136F4QR8 February 1,
2008
$11,168,000 FINS 4.500% May 13, 2011 3136F2SU3 February 1,
2008
$11,502,000 FINS 5.250% November 3, 2014 3136F2QS0 February 1,
2008
$9,858,000 FINS 4.500% June 17, 2011 3136F2YL6 February 1,
2008
$5,075,000 FINS 4.500% June 10, 2011 3136F4YT5 February 1,
2008
$19,965,000 FINS 5.000% July 15, 2014 3136F52G5 February 1,
2008
$5,475,000 FINS 5.250% October 8, 2014 3136F5Z38 February 1,
2008
$18,750,000 FINS 5.000% June 26, 2013 3136F2ZR2 February 1,
2008
$41,384,000 FINS 4.500% July 21, 2011 3136F2M88 February 1,
2008
$20,000,000 MTNR 5.250% December 24, 2014 3136F2XN3 February 1,
2008
$25,000,000 MTNR 6.000% July 26, 2019 3136F16Z8 February 1,
2008
$125,000,000 MTNR 5.250% August 1, 2018 3136F32N5 February 1,
2008
$50,000,000 MTN 5.400% June 15, 2015 3136F67L7 February 1,
2008
$25,000,000 MTN 5.750% February 20, 2018 3136F22T4 February 1,
2008
$5,850,000 MTN 5.000% June 21, 2013 3136F6TF6 February 1,
2008
$50,000,000 MTN 4.650% February 27, 2012 3136F5BV2 February 1,
2008
$25,000,000 MTN 4.000% July 28, 2008 3136F6WS4 February 1,
2008
$25,000,000 MTN 5.250% July 28, 2015 3136F7GG6 February 1,
2008
$50,000,000 MTN 5.200% February 20, 2014 3136F5CD1 February 1,
2008
$100,000,000 MTN 4.210% April 6, 2010 3136F5PK1 February 1,
2008
$100,000,000 MTN 5.250% February 24, 2015 3136F6C56 February 1,
2008
$500,000,000 MTN 5.375% February 1, 2010 31359M4Q3 February 1,
2008
$25,000,000 MTN 5.000% February 1, 2010 3136F7SZ1 February 1,
2008
$10,000,000 MTN 4.540% August 1, 2008 3136F7GJ0 February 1,
2008
$15,000,000 MTN 5.750% May 1, 2017 3136F8LR4 February 1,
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

Latressa Cox of Fannie Mae, +1-202-752-6707