The following issue is being redeemed via the
company's call option:
Issuer: Fannie Mae
Coupon: Step-Coupon
Maturity: Sept. 22, 2014
Redemption Amount: $250 million
Redemption Price: 100 percent
Amount Remaining: Fully Retired
Security ID: 3136FR2U6
Effective Date: March 22, 2012