ADVISORY/Rep. Sununu and Mayor Baines Join Fannie Mae to Announce Opening of Northern New England Partnership Office and Multi-Billion Dollar Investment Plan to Finance Affordable Housing for Thousands of New Hampshire Families

Business Wire, June 1, 2000

Assignment/News Editors

ADVISORY...for Monday (June 5)

--(BUSINESS WIRE)

WHEN:             Monday, June 5, 2000
                  10:00 a.m.

WHO:              The Honorable John Sununu (R-NH)
                  U.S. House of Representatives

                  The Honorable Robert Baines
                  Mayor, City of Manchester

                  Claira Monier, Executive Director
                  New Hampshire Housing Finance Authority

                  Zach Oppenheimer, Senior Vice President
                  Fannie Mae, Northeastern Regional Office

WHAT:             Rep. Sununu and Mayor Baines will join local housing
                  partners and Fannie Mae (FNM/NYSE), the nation's
                  largest source of financing for home mortgages, to
                  announce "House Northern New England," a
                  three-state, multibillion dollar investment plan to
                  finance affordable housing for 30,000 New Hampshire
                  families. The opening of the Northern New England
                  Partnership Office, which will service both Maine
                  and Vermont, will also be announced.

WHERE:            City Hall, Aldermanic Chambers
                  1 City Hall Plaza, 3rd Floor
                  Manchester, NH

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. Over the past 31 years, Fannie Mae has provided nearly $2.8 trillion of mortgage financing for over 34 million families.

More information about Fannie Mae can be found on the Internet at http://www.fanniemae.com.