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Saturday, 03/21/2009 6:34:09 PM

Saturday, March 21, 2009 6:34:09 PM

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Farmer Mac Appoints Michael A. Gerber as President and Chief Executive Officer

WASHINGTON, March 11 /PRNewswire-FirstCall/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac) (NYSE:AGMNYSE:andNYSE:AGM.A) today announced that its Board of Directors has appointed Michael A. Gerber as President and Chief Executive Officer of Farmer Mac, effective immediately. Mr. Gerber had served as Acting President and CEO of Farmer Mac since October 1, 2008 while the Board conducted a search for the permanent CEO. Mr. Gerber previously served as President and Chief Executive Officer of Farm Credit of Western New York, an Association in the Farm Credit System.



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