Federal Home Loan Bank of Atlanta Announces Third Quarter Dividend Guidance

ATLANTA, Aug. 27 /PRNewswire/ -- Based upon currently available
information, the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) presently
expects to pay an annualized dividend in the range of 4.50 percent to 5.0
percent for the quarter ending September 30, 2008.
About FHLBank Atlanta
The Bank is a cooperative financial services organization that provides
funding, community development grants, and a host of other banking services to
more than 1,200 member financial institutions in Alabama, Florida, Georgia,
Maryland, North Carolina, South Carolina, Virginia, and the District of
Columbia. The Bank is one of 12 district banks in the Federal Home Loan Bank
System (FHLBank System), which since 1990 has contributed more than $2 billion
to affordable housing development in the United States.
Some of the statements made in this announcement, including those that
relate to the Bank's dividend guidance for the third quarter of 2008, are
"forward-looking statements," which include statements with respect to the
Bank's beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and involve known
and unknown risks, uncertainties and other factors, many of which may be
beyond the Bank's control, and which may cause the Bank's actual results,
performance or achievements to be materially different from the future
results, performance or achievement expressed or implied by the forward-
looking statements.
The forward-looking statements may not be realized due to a variety of
factors, including, without limitation: legislative and regulatory actions or
changes; the Bank's actual net income results, which drive the determination
of actual dividend payments; legislative and regulatory actions or changes;
future economic and market conditions; changes in demand for advances or
consolidated obligations of the Bank and/or the FHLBank System; changes in
interest rates; political, national and world events; and adverse developments
or events affecting or involving other Federal Home Loan Banks or the FHLB
System in general. Additional factors that might cause the Bank's results to
differ from these forward-looking statements are provided in detail in our
filings with the Securities and Exchange Commission, which are available at
www.sec.gov.
You should not place undue reliance on forward-looking statements, since
the statements speak only as of the date that they are made. The Bank has no
obligation and does not undertake to publicly update, revise or correct any of
the forward-looking statements after the date of this announcement, or after
the respective dates on which such statements otherwise are made, whether as a
result of new information, future events or otherwise, except as may be
required by law.
SOURCE Federal Home Loan Bank of Atlanta

Sharon Cook, Federal Home Loan Bank of Atlanta, +1-404-888-8173,
scook@fhlbatl.com