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Press Release

Fannie Mae Forgoes Issuing Benchmark Notes on its February 18, 2015 Announcement Date

February 18, 2015

Katherine Constantinou

202-752-5403

Fannie Mae Forgoes Issuing Benchmark Notes® on its February 18, 2015 Announcement Date

Fannie Mae (FNMA/OTC) today announced that it will not utilize its second (February 18th ) Benchmark Notes announcement date this month.  As announced in our 2015 Benchmark Securities Issuance Calendar, the company may forego any scheduled Benchmark Notes issuance.

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.

Fannie Mae enables people to buy, refinance, or rent homes.

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