2/6/08 Amherst Securities Group Underwrites New Issue Deal for FNMA

Amherst Securities Group Underwrites New Issue Deal for FNMA

11.5-Year; Non-Call 1-Year
Pricing Date	February 6, 2008
Settlement Date	February 20, 2008
Structure	11.5-year; non-call 1-year
First Call Date	February 20, 2009 and quarterly thereafter
Maturity Date	August 20, 2020
Payment Dates	Every August 20th and February 20th beginning August 2008
First Coupon	5.10%
Coupon Structure	Fixed
Size	$15 million
Issuer	Federal National Mortgage Association
CUSIP	3136F83F0
Currency	USD