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Fannie Mae

Fannie Mae Redemption

Washington, November 19 (ots/PRNewswire)

Fannie Mae (NYSE: FNM)
will redeem the principal amount indicated of the following
securities issue on the redemption date indicated below at a
redemption price equal to 100 percent of the principal amount
redeemed, plus accrued interest thereon to the date of redemption:
    All figures in USD
    Principal   Security    Interest   Maturity      CUSIP      Redemption
       Amount       Type        Rate       Date                      Date
    $ 50,000,000    MTN        3.100%   November 29,  3136F2QX9  November 29,
                                           2005                      2004
    $150,000,000    MTN        3.875%   December 1,   3136F4XB5  December 1,
                                           2008                      2004
Fannie Mae is a New York Stock Exchange company and the largest
non-bank financial services company in the world. It operates
pursuant to a federal charter and is the nation's largest source of
financing for home mortgages. Fannie Mae has pledged through its
"American Dream Commitment" to expand access to homeownership for
millions of first-time home buyers; help raise the minority
homeownership rate to 55 percent; make homeownership and rental
housing a success for millions of families at risk of losing their
homes; and expand the supply of affordable housing where it is needed
most. Since 1968, Fannie Mae has provided US$6.3 trillion of mortgage
financing for 63 million families. More information about Fannie Mae
can be found on the Internet at http://www.fanniemae.com.
Style Usage: Fannie Mae's Board of Directors has authorized the
company to operate as "Fannie Mae," and the company's stock is now
listed on the NYSE as "FNM." In order to facilitate clarity and avoid
confusion, news organizations are asked to refer to the company
exclusively as "Fannie Mae."
Web site: http://www.fanniemae.com

Contact:

Jason Lobo of Fannie Mae, +1-202-752-1692; Company News On-Call:
http://www.prnewswire.com/comp/305450.html