Farmer Mac Declares Dividend on Preferred Stock WASHINGTON, Feb. 6 /PRNewswire-FirstCall/ -- The Board of Directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a quarterly dividend on the Corporation's 6.40% CumulativePreferred Stock, Series A. The dividend of $0.80 per share, which is for the period from January 1, 2004 through March 31, 2004, will be payable on March 31, 2004 to stockholders of record as of March 20, 2004. 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. Farmer Mac's Series A preferred stock, on which the dividend announced in this release was declared, is not listed on any exchange. 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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