Slated for redemption on Apr. 30 is a $75-million security at 5.75% originally slated to mature on Apr. 30, 2003, CUSIP 31364GM71; a $100-million security originally set to mature on July 30, 2004, at 6.16%, CUSIP 31364KM49; and a $50-million security that was to have matured on Oct. 30, 2006, CUSIP 31364KBY5.

Slated for redemption on Mar. 2 are a $25-million security at 5.1% originally scheduled to mature on May 2, 2002, CUSIP 31364GER6; a $50-million security that was to have matured on May 2, 2003 at $7.25%, CUSIP 31364KMU1; and a $150-million security at 7.5% interest that had been slated for redemption on May 2, 2005, CUSIP 31364KMK3.

Fannie Mae, operating under a federal charter, is the largest non-bank financial services company in the world, serving as the nation's largest source of financing for home mortgages. Since 1968, Fannie Mae has provided $3 trillion of mortgage financing for more than 37 million families.