Sallie Mae to Announce Third-Quarter 2012 Results on Oct. 17, Host Earnings Call on Oct. 18

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NEWARK, Del., Oct. 3, 2012-Sallie Mae (NASDAQ: SLM), the nation's No. 1 financial services company specializing in education, will release 2012 third-quarter earnings results after market close on Wednesday, Oct. 17, 2012.

In addition, the company will host a conference call for shareholders at 8 a.m. EDT on Thursday, Oct. 18, 2012. To participate in the call, please dial (877) 356-5689 (USA and Canada) or dial (706) 679-0623 (international) and use access code 34705817 starting at 7:45 a.m. EDT.

A live audio webcast may be accessed at SallieMae.com/investors. Supplemental financial information and presentation slides used during the company's investor conference call will be available on the company's website no later than the call's start time.

A replay of the webcast will be available via the company's website approximately two hours after the call's conclusion. A telephone replay may be accessed approximately two hours after the call's conclusion through Nov. 1, 2012, by dialing (855) 859-2056 (USA and Canada) or (404) 537-3406 (international) with access code 34705817.

CONTACT:

Patricia Nash Christel (302) 283-4076 (media)

Joe Fisher (302) 283-4075 (investors)

Steven McGarry (302) 283-4074 (investors)

Sallie Mae (NASDAQ: SLM) is the nation's No. 1 financial services company specializing in education. Whether college is a long way off or just around the corner, Sallie Mae turns education dreams into reality for its 25 million customers. With products and services that include college savings programs, scholarship search tools, education loans, insurance, and online banking, Sallie Mae offers solutions that help families save, plan, and pay for college. Sallie Mae also provides financial services to hundreds of college campuses as well as to federal and state governments. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.