Fannie Mae Will Not Issue Benchmark Notes(R) in August.

PR Newswire Europe, August, 2007

WASHINGTON, August 20 /PRNewswire/ --

Fannie Mae (NYSE: FNM) today announced that it will not issue a Benchmark Note this month.

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 ensure that mortgage bankers and other lenders have enough funds to lend to home buyers at low rates. 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...

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