Fannie Mae Reports Third-Quarter 2010 Results

WASHINGTON, November 5, 2010 - Fannie Mae (OTC Bulletin Board: FNMA) today reported its third-quarter
2010 results and filed its quarterly report on Form 10-Q with the Securities
and Exchange Commission. The filing provides condensed consolidated financial
statements for the third quarter of 2010. The following documents are now
available on Fannie Mae's Web site at www.fanniemae.com:

    -- News Release reporting third-quarter 2010 financial results
    -- Fannie Mae's quarterly report on Form 10-Q for the quarter ended
        September 30, 2010
    -- Third-Quarter 2010 Credit Supplement

Fannie Mae exists 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
enhance the liquidity of the mortgage market by providing funds to mortgage
bankers and other lenders so that they may lend to home buyers. Our job is to
help those who house America.

Todd Davenport of Fannie Mae, +1-202-752-5115