MEDIA RELEASE PR39484 
 
Fannie Mae Redemption 
 
WASHINGTON, May 11 /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 
       Amount      Type     Rate                                     Date 
     $25,000,000   MTN     2.125%     May 21, 2014    3136FHRX5   May 21, 2010 
    $100,000,000   MTN     1.500%  November 21, 2011  3136FHWB7   May 21, 2010 
    $250,000,000   MTN     4.250%     May 21, 2019    31398AXG2   May 21, 2010 
     
    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. 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: Katherine Constantinou of Fannie Mae,  
             +1-202-752-5403 
 
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