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News Release
September 19, 2008
Fannie Mae Announces Resignations

WASHINGTON DC -- Fannie Mae (FNM/NYSE) today announced several senior management resignations.

Resigning from the company are Chief Business Officer Peter Niculescu; Executive Vice President and General Counsel Beth A. Wilkinson; Executive Vice President and Chief Information Officer Rahul Merchant; and Senior Vice President for Government and Industry Relations Duane Duncan.

"Peter, Beth, Rahul, and Duane have provided dedicated service to our company and made significant contributions, and I wish them the best as they pursue their futures," said Herbert M. Allison, Fannie Mae president and chief executive officer.

Fannie Mae Resource Center Telephone 1-800-7FANNIE
(1-800-732-6643)