Real Estate Central

WASHINGTON, July 3 /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 amount redeemed, plus accrued interest
thereon to the date of redemption:



Principal Security Interest Maturity Date CUSIP Redemption Date
Amount Type Rate
$50,000,000 MTN 4.150% January 14, 2011 3136F8C29 July 14, 2008
$200,000,000 MTN 5.823% July 16, 2012 31398AEV0 July 16, 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.

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[Via Real Estate Newswire]