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SLM Corporation to announce 2005 first-quarter earnings on April 21

RESTON, Va., April 5, 2005 - SLM Corporation (NYSE: SLM ), commonly known as Sallie Mae, today announced that it will release 2005 first-quarter earnings prior to market open on Thursday, April 21, 2005. Sallie Mae management will hold a conference call for shareholders and analysts on that day at noon EDT. To participate in the call, please dial 877/356-5689 (USA and Canada) or 706/679-0623 (International) starting at 11:45 a.m. EDT.

The conference call will be replayed continuously beginning Thursday, April 21, at 3:30 p.m. EDT and concluding at 11:59 p.m. EDT on Thursday, April 28. Please dial 800/642-1687 (USA and Canada) or dial 706/645-9291 (International) and use access code 5328073.

In addition, there will be a live audio Web cast of the conference call, which may be accessed at www.salliemae.com. A replay will be available 30-45 minutes after the live broadcast.

Media Contacts:
Tom Joyce 703/984-5610
Martha Holler  703/984-5178

Investor Contacts:
Steve McGarry 703/984-6746
Joe Fisher  703/984-5755

 



SLM Corporation (NYSE: SLM ), commonly known as Sallie Mae, is the nation's No. 1 paying-for-college company, managing nearly $112 billion in student loans for 8 million borrowers.  Sallie Mae was originally created in 1972 as a government-sponsored entity (GSE) and terminated all ties to the federal government in 2004. The company remains the country's largest originator of federally insured student loans. Through its specialized subsidiaries and divisions, Sallie Mae also provides debt management services as well as business and technical products to a range of business clients, including colleges, universities and loan guarantors. More information is available at www.salliemae.com. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. 
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