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WASHINGTON, April 30 /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
$50,000,000 MTNR 5.000% May 10, 2010 3136F7ZD2 May 10, 2007
$25,000,000 MTN 6.000% May 10, 2012 3136F64R7 May 10, 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)

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