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Press Release

Fannie Mae Announces Offering of 3-Year Benchmark Notes due Sept. 23, 2013, Auction of 5-Year Notes due July 28, 2015

August 3, 2010

Katherine Constantinou

202-752-5403

Fannie Mae Announces Offering of New Issue 3-Year Benchmark Notes® due September 23, 2013 and Auction (Reopening) of 5-Year Benchmark Notes® due July 28, 2015

  3-Year 5-Year (Reopening)
Pricing/Auction Date August 4, 2010 August 3, 2010
Settlement Date August 6, 2010 August 5, 2010
Maturity Date September 23, 2013 July 28, 2015
Issue Size/
Reopen Size 		TBD $1 billion
Current Outstanding N/A $3 billion
Coupon TBD 2.375%
Payment Dates Each September 23rd and March 23rd, beginning September 23, 2010 Each July 28th and January 28th, beginning January 28, 2011
CUSIP 31398A2S0 31398AU34
Listing Application will be made to list the securities on the EuroMTF market of the Luxembourg Stock Exchange Application will be made to list the securities on the EuroMTF market of the Luxembourg Stock Exchange
Auction Time N/A 10:30 a.m. — 11:00 a.m. EDT

 

For the new issue, Banc of America Securities, J.P. Morgan & Co., and UBS Securities LLC are the joint lead managers. The co-managers include, Barclays Capital Inc., Blaylock Robert Van LLC, Credit Suisse Securities (USA) LLC, Jefferies & Company, Inc., Morgan Stanley & Co., and M.R. Beal & Company.

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 the 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.