New York Stock Exchange Halts Pre-Market Trading In Fannie Mae (FNM) And Freddie Mac (FRE) For Monday, Sept. 8, 2008 News Dissemination -- Trading Expected To Open At 9:30am (EST)

The New York Stock Exchange (NYSE) announced that the common and related preferred stock of Fannie Mae (ticker symbol FNM) and Freddie Mac (ticker symbol FRE) will be halted news dissemination during the pre-market and available to all markets for trading at 9:30am (EST) on the morning of Monday, Sept. 8, 2008 due to U.S. federal regulators action related to Fannie Mae and Freddie Mac. After consultation with the FHFA, Treasury and the Securities and Exchange Commission, we feel that this decision will allow investors to digest the news that has been disseminated over the weekend, to interpret the news and the analysis that will be generated on Monday morning and to evaluate the resulting aggregate supply and demand. All markets will be free to trade both FNM and FRE as of 9:30am (EST), Monday, Sept. 8, 2008. Securities affected by the halt to Fannie Mae and Freddie Mac are:

Freddie Mac
FRE Voting common stock

FRE 19Z Zero Coupon Subordinated Capital Debentures, due November 29, 2019

FRE PR B Variable Rate, Non-Cumulative Preferred Stock

FRE PR F 5% Non-Cumulative Preferred Stock

FRE PR G Variable Rate, Non-Cumulative Preferred Stock

FRE PR H 5.1% Non-Cumulative Preferred Stock

FRE PR K 5.79% Non-Cumulative Preferred Stock

FRE PR L Variable Rate, Non-Cumulative Preferred Stock

FRE PR M Variable Rate, Non-Cumulative Preferred Stock

FRE PR Q Variable Rate, Non-Cumulative Preferred Stock

FRE PR P 6% Non-Cumulative Preferred Stock

FRE PR N Variable Rate, Non-Cumulative Preferred Stock

FRE PR O 5.81% Non-Cumulative Preferred Stock

FRE PR R 5.7% Non-Cumulative Preferred Stock

FRE PR S Variable Rate, Non-Cumulative Perpetual Preferred Stock

FRE PR T 6.42% Non-Cumulative Perpetual Preferred Stock

FRE PR U 5.9% Non-Cumulative Perpetual Preferred Stock

FRE PR V 5.57% Non-Cumulative Perpetual Preferred Stock

FRE PR W 5.66% Non-Cumulative Perpetual Preferred Stock

FRE PR X 6.02% Non-Cumulative Perpetual Preferred Stock

FRE PR Y 6.55% Non-Cumulative Perpetual Preferred Stock

FRE PR Z Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, $1.00 Par Value

Fannie Mae
FNM Common stock

FNM 19Z Zero Coupon Subordinated Capital Debentures due October 9, 2019

FNM 14Z Zero Coupon Debentures due July 5, 2014

FNA 8.75% Non-Cumulative Mandatory Convertible Prefered Stock, Series 2008-1

FNM PR H 5.81% Non-Cumulative Preferred Stock, Series H

FNM PR L 5.125% Non-Cumulative Preferred Stock, Series L

FNM PR M 4.75% Non-Cumulative Preferred Stock, Series M

FNM PR N 5.50% Non-Cumulative Preferred Stock, Series N, without par value

FNM PR G Variable Rate, Non-Cumulative Preferred Stock, Series G

FNM PR P Variable Rate, Non-Cumulative Preferred Stock, Series P

FNM PR Q 6.75% Non-Cumulative Preferred Stock, Series Q

FNM PR R 7.625% Non-Cumulative Preferred Stock, Series R

FNM PR S Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series S

FNM PR T 8.25% Non-Cumulative Preferred Stock, Series T

FNM PR F Variable Rate, Non-Cumulative Preferred Stock, Series F

FNM PR I 5.375% Non-Cumulative Preferred Stock, Series I