SLM Corporation to Announce Fourth-Quarter 2007 Earnings, Host Shareholder Conference on Jan. 23

Business Wire, Jan 10, 2008

RESTON, Va. -- SLM Corporation (NYSE:SLM), commonly known as Sallie Mae, today announced that it will release 2007 fourth-quarter and full-year earnings results prior to the opening of U.S. stock markets on Wednesday, Jan. 23, 2008. Sallie Mae Chairman Anthony Terracciano, Vice Chairman and CEO Albert Lord, and Vice Chairman and CFO Jack Remondi will host a conference for shareholders the same day to discuss the company's 2007 results and future outlook. Remarks will begin at 10 a.m. EST at the Waldorf Astoria in New York City.

Shareholders may participate in the Jan. 23 meeting in person or via conference call. To attend in person, please respond to rsvp@salliemae.com by noon, Jan. 18. To participate in the call, dial (877) 356-5689 (USA and Canada) or dial (706) 679-0623 (International) and use access code 30431411 starting at 9:45 a.m. EST on Jan. 23.

The conference call will be replayed continuously beginning at 3 p.m. EST on Wednesday, Jan. 23, 2008, and concluding at midnight, Feb. 6, 2008. To access the replay, please dial (800) 642-1687 (USA and Canada) or dial (706) 645-9291 (International) and use access code 30431411.

In addition, there will be a live audio Webcast of the conference and presentation slides, both of which may be accessed at www.salliemae.com. Both the presentation slides and a replay of the Webcast will be available on http://www.salliemae.com/about/investors/stockholderinfo/webcasts/ archived_presentations.htm (due to its length, this URL may need to be copied/pasted into your Internet browser's address field; remove the extra space if one exists) immediately following the conference until midnight, Feb. 6, 2008.

SLM Corporation (NYSE:SLM), commonly known as Sallie Mae, is the nation's leading provider of saving- and paying-for-college programs. The company manages $160 billion in education loans and serves nearly 10 million student and parent customers. Through its Upromise affiliates, the company also manages $19 billion in 529 college-savings plans, and 8 million members have joined Upromise to help save for college with rewards on purchases at nearly 70,000 places. Sallie Mae and its subsidiaries offer debt management services as well as business and technical products to a range of business clients, including higher education institutions, student loan guarantors and state and federal agencies. More information is available at www.salliemae.com. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.