Fannie Mae Redemption

WASHINGTON, April 10 /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
$4,472,000 FINP 5.125% October 9, 2014 3135A0Q69 April 21, 2008
$16,209,000 FINP 4.000% November 10, 2014 3135A0BS7 April 21, 2008
$11,249,000 FINP 5.000% December 19, 2014 3135A0D22 April 21, 2008
$3,612,000 FINP 5.000% January 2, 2015 3135A0E54 April 21, 2008
$12,506,000 FINP 5.000% January 16, 2015 3135A0F61 April 21, 2008
$15,608,000 FINP 4.000% February 3, 2015 3135A0DH9 April 21, 2008
$5,515,000 FINP 5.000% February 13, 2015 3135A0J42 April 21, 2008
$4,163,000 FINP 5.000% February 20, 2015 3135A0K24 April 21, 2008
$1,994,000 FINP 5.000% March 6, 2015 3135A0L31 April 21, 2008
$7,922,000 FINP 4.500% April 28, 2015 3135A0GB9 April 21, 2008
$6,598,000 FINP 4.500% May 5, 2015 3135A0GH6 April 21, 2008
$8,628,000 FINP 4.375% May 19, 2015 3135A0GW3 April 21, 2008
$20,375,000 FINP 4.250% June 2, 2015 3135A0HJ1 April 21, 2008
$14,348,000 FINP 4.250% June 23, 2015 3135A0HZ5 April 21, 2008
$11,434,000 FINP 4.000% July 7, 2015 3135A0JM2 April 21, 2008
$8,586,000 FINP 4.250% July 21, 2015 3135A0JX8 April 21, 2008
$8,340,000 FINP 4.375% August 4, 2015 3135A0KH1 April 21, 2008
$5,761,000 FINP 5.000% November 3, 2015 3135A0MY2 April 21, 2008
$9,972,000 FINP 5.000% January 19, 2016 3135A0QL6 April 21, 2008
$10,546,000 FINP 5.250% February 16, 2016 3135A0RJ0 April 21, 2008
$2,478,000 FINP 4.750% April 14, 2017 3135A0FR5 April 21, 2008
$10,246,000 FINP 5.500% August 24, 2018 3135A0XA2 April 21, 2008
$8,261,000 FINP 5.500% August 27, 2018 3135A0XH7 April 21, 2008
$10,677,000 FINP 5.500% September 21, 2018 3135A0XZ7 April 21, 2008
$10,570,000 FINP 5.500% September 28, 2018 3135A0YF0 April 21, 2008
$9,148,000 FINP 6.000% July 20, 2021 3135A0VW6 April 21, 2008
$50,000,000 MTN 4.000% January 20, 2009 3136F6GG8 April 20, 2008
$40,000,000 MTN 5.000% October 20, 2011 3136F4PG3 April 20, 2008
$40,000,000 MTNR 5.000% July 20, 2015 3136F7DK0 April 20, 2008
$25,000,000 MTN 5.250% July 20, 2015 3136F7DT1 April 20, 2008
$25,000,000 MTN 5.125% October 10, 2015 3136F7LH8 April 20, 2008
$75,000,000 MTNR 4.000% February 29, 2016 3136F5CW9 April 21, 2008
$20,000,000 MTN 5.500% November 29, 2016 3136F76W2 April 21, 2008
$25,000,000 MTN 4.750% September 24, 2018 3136F4JG0 April 21, 2008
$50,000,000 MTN 4.750% September 27, 2018 3136F4KU7 April 21, 2008
$25,000,000 MTNR 5.000% May 17, 2019 3136F5XA4 April 21, 2008
$150,000,000 MTN 4.000% January 24, 2011 3136F8G82 April 24, 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. In 2008, we mark our 70th year of service to America's housing market.
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