Farmer Mac Declares Dividend on Preferred Stock

Farmer Mac Declares Dividend on Preferred Stock 


WASHINGTON, April 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% Cumulative Preferred Stock, Series A.  The
dividend of $0.80 per share, which is for the period from April 1, 2004 through
June 30, 2004, will be payable on June 30, 2004 to stockholders of record as of
June 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, [phone]



Web site:  http://www.farmermac.com/

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