CFC to Host Conference Call on Fiscal Year 2010 Second-Quarter Financial Results

FOR IMMEDIATE RELEASE

For Release: January 20, 2010

Contact: Andrew Don, Vice President, Capital Market Relations

Herndon, VA—National Rural Utilities Cooperative Finance Corporation (CFC) (NYSE: NRU) (NYSE: NRN) (NYSE: NRC) will hold an investor conference call and webcast on January 25, 2010, at 2 p.m. Eastern Time. Chief Financial Officer Steven Lilly will present an overview of CFC's fiscal year 2010 second-quarter financial results followed by a question-and-answer session.

To listen to the live webcast or pre-register for the event, go to the Investors section of CFC's Web site, nrucfc./investors/index.htm, and click on "Earnings Call Webcast." Follow the log-in instructions to join the live webcast.

Participants can also access the conference call by dialing 877-407-1869 (Domestic) or 201-689-8044 (International). A replay of the webcast will be available on CFC's Web site after the event.

CFC's Form 10-Q for the period ended November 30, 2009, has been filed with the U.S. Securities and Exchange Commission (SEC). A copy is available through the CFC Web site at nrucfc.org or via the SEC's EDGAR database at sec.gov.

About CFC

National Rural Utilities Cooperative Finance Corporation (CFC) 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 http://www.nrucfc.org. Visit our Cooperative Finance Corporation Web site to view more press releases.

###