July 11, 1986

The President today announced his intention to appoint the following individuals to be members of the Board of Directors of the Federal National Mortgage Association for terms ending on the date of the annual meeting of the stockholders in 1987:

Samuel W. Bartholomew, Jr., of Tennessee. This is a reappointment. Mr. Bartholomew is founder and principal of Donelson, Stokes & Bartholomew, a law firm in Nashville. Previously he was director of corporate development for the First American Bank Holding Co., 1973 - 1976. He graduated from the U.S. Military Academy (B.S., 1966) and Vanderbilt Law School (J.D., 1973). He is married, has three children, and resides in Nashville. Mr. Bartholomew was born on July 6, 1944, in Columbus, GA.

Henry C. Cashen II, of the District of Columbia. This is a reappointment. Mr. Cashen is a partner with the law firm of Dickstein, Shapiro and Morin. Previously he was Deputy Assistant to the President, White House Liaison with Public Sector, the White House, 1971 - 1973. He graduated from Brown University (A.B., 1961) and the University of Michigan (J.D., 1963). He has three children and resides in Washington, DC. Mr. Cashen was born June 25, 1939, in Detroit, MI.

George L. Clark, Jr., of New York. He would succeed Dianne E. Ingels. Mr. Clark is vice president, George L. Clark, Inc., Realtors, a firm he started in 1962. He graduated from St. John's University (B.S., 1962). Mr. Clark is married, has four children, and resides in Brooklyn. He was born January 4, 1941, in Brooklyn, NY.