WASHINGTON, August 9 /PRNewswire/ --
Fannie Mae (NYSE: FNM) today postponed the announcement date of its Benchmark Notes(R) offering until August 20, 2007, due to the expected timing of the filing of the company's Annual Report for 2006 on Form 10-K with the Securities and Exchange Commission. An announcement regarding the August offering was originally scheduled on Fannie Mae's Benchmark Securities issuance calendar for August 13, 2007.
If Fannie Mae elects not to issue Benchmark Notes in August as scheduled, the company will provide notice of its election on or before August 20, 2007.
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.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable Offering Circular, and that no reliance may be placed on the completeness or accuracy of the information contained in this press release.
You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in the light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.
Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of this mark is prohibited.
Web site: http://www.fanniemae.com
