Dr. Amy E. Alving Elected to Fannie Mae Board of Directors

          Dr. Amy E. Alving Elected to Fannie Mae Board of Directors

PR Newswire

WASHINGTON, Oct. 22, 2013

WASHINGTON, Oct. 22, 2013 /PRNewswire/ -- Fannie Mae (OTC Bulletin Board:
FNMA) today announced that the Board of Directors has elected Amy E. Alving to
the company's Board. Dr. Alving, a seasoned technology leader, will complement
other members' areas of expertise and strengthen the Board's governance of
Fannie Mae's business transformation as the company improves its
infrastructure and builds new capabilities to serve the future housing finance
market.

"Dr. Alving brings to the Board an excellent combination of executive
leadership skills and deep expertise in technology," said Philip A. Laskawy,
Chairman of the Board. "Her insight and experience will be invaluable as we
continue our efforts to build the housing finance system of the future."

Dr. Alving, age 50, served as the Chief Technology Officer and a Senior Vice
President at Science Applications International Corporation (SAIC), an
engineering and technology applications company, from December 2007 to
September 2013.

Prior positions includedirector of the Special Projects Office at the Defense
Advanced Research Projects Agency, White House Fellow, and a tenured faculty
member at the University of Minnesota.

Dr. Alving graduated from Princeton University with a Ph.D. in mechanical and
aerospace engineering and has a bachelor's degree in mechanical engineering
from Stanford University.

Dr. Alving is currently a member of the Board of Directors of Pall
Corporation, where she serves as a member of the Nominating/Governance
Committee. In addition,she is a member of the Defense Science Board and the
Council on Foreign Relations.

Fannie Mae enables people to buy, refinance, or rent a home.

Visit us at: www.fanniemae.com/progress

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SOURCE Fannie Mae

Website: http://www.fanniemae.com
Contact: Pete Bakel, 202-752-2034, or Resource Center: 1-800-732-6643