Real Estate News

Fannie Mae Announces Auction Results for Reopening of 2-Year Benchmark Notes(R)

    WASHINGTON, Nov. 18 /PRNewswire-FirstCall/ -- The following is being
issued by Fannie Mae (NYSE: FNM):



                          2-Year
    Pricing Date          November 18, 2009
    Settlement Date       November 20, 2009
    Maturity Date         November 23, 2011
    Reopen Size           $1 billion
    Current Outstanding   $5 billion
    Coupon                1.000%
    Price                 100.159
    Yield                 0.920%
    Payment Dates         Each November 23rd and May 23rd, beginning November
                           23, 2009
    CUSIP                 31398AZN5
    Listing               Application will be made to list the securities on
                           the EuroMTF market of the Luxembourg Stock Exchange
    Fannie Mae is a shareholder-owned company with a public mission. We
exist 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.