Mary Waters Joins Farmer Mac as VP of Corporate Relations WASHINGTON, July 14 /PRNewswire-FirstCall/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac), the Congressionally chartered secondary market for agricultural real estate and rural housing mortgage loans, has announced that Mary Waters has joined the company as Vice President - Corporate Relations. "I am delighted that Mary is joining Farmer Mac to lead our government relations and producer group outreach efforts as well as manage other important external corporate relationships," said Farmer Mac CEO Henry D. Edelman. "Continuing developments at Farmer Mac have made it important for us to have an experienced professional managing these important corporate functions. Mary brings with her a tremendous amount of Washington experience working with Members of Congress and the agricultural community." Most recently, Ms. Waters served as Assistant Secretary, Congressional Relations at the U.S. Department of Agriculture, having been nominated by President Bush in April 2001. At USDA, Ms. Waters led USDA's interaction with Congress on successful passage of Administration priorities including the 2002 Farm Bill, Trade Promotion Authority, the Healthy Forests Act and the Child Nutrition Act. Before joining the Bush Administration in 2001, Ms. Waters served as Senior Director and Legislative Counsel for ConAgra Foods. From 1982-1986, she served as the Legislative Assistant for U.S. Representative Larry J. Hopkins of Kentucky and worked on agricultural policy for the 1985 Farm Bill. Ms. Waters was the Director of the Agricultural Task Force for the House Republican Research Committee from 1981-1982. Ms. Waters received a Bachelors degree from the University of Illinois and a Juris Doctor degree from George Mason University School of Law. Farmer Mac is a stockholder-owned instrumentality of the United States chartered by Congress to establish a secondary market for agricultural real estate and rural housing mortgage loans, and to facilitate capital market funding for USDA-guaranteed farm program and rural development loans. Farmer Mac's Class C and Class A common stocks are listed on the New York Stock Exchange under the symbols AGM and AGM.A, respectively. Additional information about Farmer Mac is available on Farmer Mac's website at http://www.farmermac.com/. DATASOURCE: Farmer Mac CONTACT: Jerome Oslick of Farmer Mac, +1-202-872-7700 Web site: http://www.farmermac.com/

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