National Rural Utilities Cooperative Finance Corporation Appoints J. Andrew Don to Senior Vice President and Treasurer

   National Rural Utilities Cooperative Finance Corporation (NYSE: NRU) (NYSE: NRN) (NYSE: NRC) (CFC) announced that J. Andrew Don, vice president of Capital Market Relations, has been appointed senior vice president and treasurer. The appointment became effective on June 1. Don's new role entails oversight of the Treasury Group, which includes all funding operations for CFC, as well as investor relations, banking relations, rating agency liaison and the loan syndication function on behalf of CFC's member borrowers.

Don joined CFC in 1999 as the director of Loan Syndications. He has an extensive background in banking and treasury operations. Prior to joining CFC, Don held the position of vice president and manager of the Washington, D.C., office for The Bank of Tokyo-Mitsubishi. He has also worked for the Bank of Montreal and The Bank of New York. Don received a B.A. degree from Dickinson College and an M.B.A. degree from Fordham University.

In announcing the appointment, CFC Governor and CEO Sheldon C. Petersen said, "Andrew has been a vital part of our funding arm for more than 10 years. I welcome his expertise and his insight to the CFC Executive Team."

About CFC National Rural Utilities Cooperative Finance Corporation (CFC) (NYSE: NRU) (NYSE: NRN) (NYSE: NRC) is a cooperative that serves the nation's rural utility systems. With more than $20 billion in assets, CFC provides its member-owners with an assured source of market-priced capital and financial products and services. CFC can be found online at nrucfc.org.

Contact: Mike O'Brien Vice President Corporate Communications Email Contact Ling Wang Director Investor & Banking Relations Email Contact