Fannie Mae Announces Auction Results for Reopening of 5-Year Benchmark Notes® due November 15, 2016

News provided by

Fannie Mae

28 Nov, 2011, 17:48 GMT

WASHINGTON, November 28, 2011 /PRNewswire/ --

The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):

                        5-Year (Reopening)
    Pricing Date        November 28, 2011
    Settlement Date     November 30, 2011
    Maturity Date       November 15, 2016
    Reopen Size         $1 billion
    Current Outstanding $3 billion
    Coupon              1.375%
    Price               99.976
    Yield               1.380%
    Payment Dates       Each May 15th and November 15th, beginning May 15, 2012
    CUSIP               3135G0ES8
                        Application will be made to list the securities on the
    Listing             EuroMTF market of the Luxembourg Stock Exchange

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 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 light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.

Benchmark Notes is a registered mark of Fannie Mae.  Unauthorized use of this mark is prohibited.