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Fannie Mae to Redeem Step-Coupon Notes Due 2021

The following issue is being redeemed via the company's call option:

Issuer: Fannie Mae Coupon: Step-Coupon Maturity: April 12, 2021 Redemption Amount: $175 million Redemption Price: 100 percent Amount Remaining: Fully Retired Security ID: 3136FREP4 Effective Date: Oct. 12, 2011

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