Federal National Mortgage Association / Dividends

Declaration date	Payment date	Amount
August 14, 2008	August 29, 2008	$0.05
April 28, 2008		$0.35
January 29, 2008		$0.35
October 29, 2007		$0.50
July 27, 2007		$0.50
May 16, 2007		$0.10
April 26, 2007		$0.40
January 29, 2007		$0.40
October 27, 2006		$0.26
July 27, 2006		$0.26
April 26, 2006		$0.26
January 27, 2006		$0.26
October 27, 2005		$0.26
July 27, 2005		$0.26
April 27, 2005		$0.26
January 27, 2005		$0.26
October 27, 2004		$0.52
July 28, 2004		$0.52
April 28, 2004		$0.52
January 28, 2004		$0.52
October 29, 2003		$0.45
July 29, 2003		$0.45
April 28, 2003		$0.39
January 29, 2003		$0.39
October 29, 2002		$0.33
July 29, 2002		$0.33
April 26, 2002		$0.33
January 29, 2002		$0.33
October 29, 2001		$0.30
July 27, 2001		$0.30
April 26, 2001		$0.30
January 29, 2001		$0.30
October 27, 2000		$0.28
July 27, 2000		$0.28
April 26, 2000		$0.28
January 27, 2000		$0.28
October 27, 1999		$0.27
July 28, 1999		$0.27
April 28, 1999		$0.27
January 27, 1999		$0.27
October 28, 1998		$0.24
July 29, 1998		$0.24
April 28, 1998		$0.24
January 28, 1998		$0.24
October 29, 1997		$0.21
July 29, 1997		$0.21
April 28, 1997		$0.21
January 29, 1997		$0.21
October 29, 1996		$0.19
July 29, 1996		$0.19
April 26, 1996		$0.19
January 29, 1996		$0.19
October 27, 1995		$0.17
July 27, 1995		$0.17
April 24, 1995		$0.17
January 25, 1995		$0.17
October 25, 1994		$0.15
July 25, 1994		$0.15
April 25, 1994		$0.15
January 25, 1994		$0.15
October 25, 1993		$0.13
July 26, 1993		$0.115
April 26, 1993		$0.115
January 25, 1993		$0.10
October 26, 1992		$0.10
July 27, 1992		$0.085
April 24, 1992		$0.085
January 27, 1992		$0.075
October 25, 1991		$0.075
July 25, 1991		$0.065
April 24, 1991		$0.065
January 25, 1991		$0.055
October 25, 1990		$0.055
July 25, 1990		$0.045
April 24, 1990		$0.045
January 25, 1990		$0.035
October 25, 1989		$0.035
July 25, 1989		$0.0267
April 24, 1989		$0.0267
January 25, 1989		$0.02
October 25, 1988		$0.02
July 25, 1988		$0.015
April 25, 1988		$0.015
January 25, 1988		$0.01
October 26, 1987		$0.01
July 27, 1987		$0.0067
January 26, 1987		$0.0067
October 27, 1986		$0.0067
July 28, 1986		$0.0033
April 25, 1986		$0.0033
January 27, 1986		$0.0033
November 20, 1985		$0.0033
July 26, 1985		$0.0033
April 25, 1985		$0.0033
January 28, 1985		$0.0033
October 26, 1984		$0.0033
July 26, 1984		$0.0033
April 25, 1984		$0.0033
January 26, 1984		$0.0033
October 26, 1983		$0.0033
July 26, 1983		$0.0033
April 26, 1983		$0.0033
January 26, 1983		$0.0033