Appointment of Four Members of the Board of Directors of the Federal National Mortgage Association

May 20, 1987

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 1988:

Samuel W. Bartholomew, Jr., of Tennessee. This is a reappointment. Mr. Bartholomew is a founder and principal in the law firm of Donelson, Stokes & Bartholomew, in Nashville, TN. Prior to this he was director of corporate development for First American Bank Holding Co., 1973 - 1976. Since 1981 Mr. Bartholomew has served as the chairman of the Tennessee Vietnam Veterans Leadership Program and Vietnam Memorial Fund. Mr. Bartholomew graduated from the U.S. Military Academy (B.S., 1966) and Vanderbilt Law School (J.D., 1973). He served in the U.S. Army, 1962 - 1970. Mr. Bartholomew was born June 6, 1944. He is married, has three children, and resides in Nashville, TN.

Al Cardenas, of Florida. This is a reappointment. Mr. Cardenas is a partner in the firm, Broad and Cassels in Miami, FL. He graduated from Florida Atlantic University (B.A., 1969), and Seton Hall University (J.D., 1974). Mr. Cardenas was born January 3, 1948, in Havana, Cuba. He is married, has four children and resides in Miami, FL.

Henry C. Cashen II, of the District of Columbia. This is a reappointment. Mr. Cashen is currently a partner in the law firm of Dickstein, Shapiro and Morin. Prior to this he served as Deputy Assistant to President Nixon, in the White House, 1973 - 1975. Mr. Cashen graduated from Brown University (A.B., 1961) and the University of Michigan (J.D., 1963). He was born June 25, 1939, in Detroit, MI, and resides in Washington, DC.

Vance C. Miller, of Texas. This is a reappointment. Mr. Miller is chairman of the executive committee of Henry S. Miller Co., in Dallas, TX. He graduated from Southern Methodist University (B.B.A., 1956). Mr. Miller was born October 19, 1933, in Seminole, OK. He is married and resides in Dallas, TX.