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/C O R R E C T I O N -- FANNIE MAE/

 In DC018, "Fannie Mae Announces Repurchased or Reopened Securities During Fourth Quarter of 1992," moved Jan. 12, we are advised by the company that the following Issues were incorrectly included as Debenture Reopenings:
 $150,000,000 8.20 percent due 11/22/22
 200,000,000 8.25 percent due 11/01/22
 The full corrected text of the release follows:
 WASHINGTON, Jan. 12 /PRNewswire/ -- The Federal National Mortgage Association (Fannie Mae) (NYSE: FNM) announced that it repurchased or reopened the following securities during the fourth quarter of 1992:
 DEBENTURE REPURCHASES
 $ 23,000,000 9.15 pct. due 09/10/99
 $ 20,000,000 9.75 pct. due 02/10/99
 DEBENTURE REOPENINGS
 $ 50,000,000 6.95 pct. due 09/10/02
 $ 34,000,000 8.60 pct. due 06/10/94
 $ 10,000,000 11.15 pct. due 06/12/95
 $ 11,000,000 9.25 pct. due 11/10/94
 $132,000,000 8.80 pct. due 11/10/95
 $ 30,000,000 10.10 pct. due 10/11/94
 Fannie Mae, the USA's Housing Partner, is a congressionally chartered, shareholder-owned company and the nation's largest investor in home mortgages.
 -0- 1/15/93
 /CONTACT: Tom Marder of Fannie Mae, 202-752-7608/
 (FNM)


CO: Fannie Mae ST: District of Columbia IN: FIN SU:

KD -- DC010 -- 5304 01/15/93 11:12 EST
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Publication:PR Newswire
Date:Jan 15, 1993
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