Fannie Mae Redemption
WASHINGTON, Oct. 24 /PRNewswire-AsiaNet/ --
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
$485,000,000 MTN 4.467% March 5, 2010 3136F8WG6 November 5, 2008
$250,000,000 MTN 4.750% November 5, 2010 31398AJK9 November 5, 2008
Fannie Mae exists 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 enhance
the liquidity of the mortgage market by providing funds to mortgage bankers and
other lenders so that they may lend to home buyers. 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
CONTACT: Latressa Cox of Fannie Mae,
+1-202-752-6707
(FNM)
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