Fannie Mae Chief Economist David Berson to Discuss 2007 Economic and U.S. Mortgage Market Outlook

  WHO:      David Berson
            VP & Chief Economist, Fannie Mae

  WHAT:     Fannie Mae`s Summer 2007
            Economic and U.S. Mortgage Market Outlook

  WHEN:     Wednesday, July 18, 2007
            9:00 a.m. - 10:00 a.m.

  DIAL-IN:  Live Dial-In:    U.S. 800-288-8968
                             International 612-332-1210
                             Code: 879935

            Replay Dial-In:  U.S. 800-475-6701
                             International 320-365-3844
                             Code: 879935
                             (Available at 12:30 p.m. EDT 7/18/07 until
                             11:59 p.m. EDT 7/20/07)

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.

CONTACT: Jason Lobo  202-752-1692

PRNewswire -- July 17
First Call Analyst:
FCMN Contact:
Source: Fannie Mae

Web site: http://www.fanniemae.com/