REMINDER/Mayor Kwame Kilpatrick and U.S. Representative Carolyn Kilpatrick Join Bank One and Fannie Mae to Announce $12.5 Billion Plan to Make Homes More Affordable.

News Editors/Assignment Desks

REMINDER...for Friday (March 14)

--(BUSINESS WIRE)

Fannie Mae (NYSE:FNM
FNM Free National Movement (Bahamas)
FNM Foot and Mouth )

WHEN:   Friday, March 14, 2003
        10 a.m. - 10:30 a.m

WHO:    The Honorable Kwame Kilpatrick
        Mayor, City of Detroit

        The Honorable Carolyn Cheeks Kilpatrick (D-MI)
        U.S. House of Representatives

        Richard Wade
        Michigan President, Bank One

        Michael Tyson
        Senior Vice President, Bank One

        Shalley Jones
        Vice President, Housing and Community Development
        Fannie Mae's Midwestern Regional Office

WHAT:   Spread the word about the Bank One-Fannie Mae (NYSE:FNM), the
        nation's largest source of financing for home mortgages,
        $12.5 billion alliance that will plant seeds to grow
        homeownership in the Detroit area.

        Reporters are invited to join community leaders and new
        homeowners to hear how this alliance will help underserved
        people in Detroit and its suburbs get a better chance at home
        ownership.

WHERE:  Coleman A. Young Community Center
        2751 Robert Bradby Drive,
        Detroit, MI
        (Off Chene Street between East Vernor and East Lafayette
        streets)

Bank One Corporation (NYSE:ONE) is the nation's sixth-largest bank holding company, with assets of more than $270 billion. Bank One can be found on the Internet at www.bankone.com.

Fannie Mae is a New York Stock Exchange company and the largest non-bank financial services company in the world. It operates pursuant to a federal charter and is the nation's largest source of financing for home mortgages.

Fannie Mae is working to shrink the nation's "homeownership gaps" through a $2 trillion "American Dream Commitment" to increase homeownership rates and serve 18 million targeted American families by the end of the decade. Since 1968, Fannie Mae has provided $4.5 trillion of mortgage financing for more than 49 million families.

More information about Fannie Mae can be found on the Internet at http://www.fanniemae.com.