Asia PR News

WASHINGTON, April 27 /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 Redemption
Amount Type Rate Maturity Date CUSIP Date
$250,000,000 MTN 5.300% May 8, 2008 3136F7ZG5 May 8, 2007
$60,000,000 MTN 5.350% May 8, 2008 3136F7ZH3 May 8, 2007
$100,000,000 MTN 6.250% November 8, 2016 3136F75C7 May 8, 2007
$500,000,000 MTN 5.500% February 9, 2009 31359M4T7 May 9, 2007
$75,000,000 MTN 5.250% February 9, 2010 3136F8FB6 May 9, 2007

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

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