Asia PR News

WASHINGTON, Jan. 27 /PRNewswire-AsiaNet/ –

Fannie Mae (NYSE: FNM) will redeem the principal amount indicated of the
following securities issues on the redemption date 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 CUSIP Redemption
Amount Type Rate Date Date

$ 50,000,000 MTN 3.500 % February 8, 3136F6VU0 February 8,
2010 2006
$150,000,000 MTN 6.000 % February 8, 31364KT91 February 8,
2011 2006

Fannie Mae is a New York Stock Exchange Company. It operates pursuant to a
federal charter. Fannie Mae has pledged through its American Dream Commitment
to expand access to homeownership for millions of first-time home buyers; help
raise the minority homeownership rate to 55 percent; make homeownership and
rental housing a success for millions of families at risk of losing their
homes; and expand the supply of affordable housing where it is needed most.
More information about Fannie Mae can be found on the Internet at
http://www.fanniemae.com.

SOURCE Fannie Mae

/CONTACT:

Jason Lobo of Fannie Mae,
+1-202-752-1692/

/Company News On-Call: http://www.prnewswire.com/comp/305450.html/

/Web site: http://www.fanniemae.com/
(FNM)