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Press Release

Fannie Mae Reports Second-Quarter 2010 Results

August 5, 2010

Todd Davenport

202-752-5115

WASHINGTON, DC — Fannie Mae (FNMA/OTC) today reported its second-quarter 2010 results and filed its quarterly report on Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the second quarter of 2010. The following documents are now available on Fannie Mae's Web site at www.fanniemae.com:

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.