Fannie Mae Announces Offering of New Issue 2-Year Benchmark Notes® Due August 9, 2013

News provided by

Fannie Mae

14 Jun, 2011, 14:39 GMT

WASHINGTON, June 14, 2011 /PRNewswire/ --

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

                     2-Year
    Pricing Date     TBD
    Settlement Date  June 17, 2011
    Maturity Date    August 9, 2013
    Issue Size       TBD
    Coupon           TBD
    Payment Dates    Each August 9th and February 9th, beginning August 9,
                     2011
    CUSIP            3135G0BR3
    Listing          Application will be made to list the securities on
                     the EuroMTF market of the Luxembourg Stock Exchange

Barclays Capital Inc., Credit Suisse Securities (USA) LLC, and UBS Securities LLC are the joint lead managers. The co-managers include, Blaylock Robert Van, LLC, BNP Paribas Securities Corp., Deutsche Bank Securities Inc., FTN Financial Capital Markets, Goldman Sachs & Co., and Williams Capital Group L.P.

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 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.