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Sallie Mae Announces Annual Meeting of Shareholders on May 19, 2011


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RESTON, Va.--([ BUSINESS WIRE ])--Sallie Mae(NYSE: SLM), the nationa™s No. 1 financial services company specializing in education, scheduled its 2011 Annual Meeting of Shareholders for May 19, 2011. The meeting will take place at 11:00 a.m. EDT at the Hilton Wilmington Christiana in Newark, Del. (100 Continental Drive).

The record date for determination of shareholders entitled to vote at the meeting is March 21, 2011.

Sallie Mae (NYSE: SLM) is the nationa™s No. 1 financial services company specializing in education. Serving 23 million customers, Sallie Mae offers innovative savings tools, tuition payment plans and education loans that promote responsible financial habits and reward success. The company manages or services $235 billion in education loans and administers $35 billion in 529 college savings plans. Members of its Upromise college savings rewards program have earned $600 million to help pay for college. Sallie Mae is also one of the leading financial service providers for universities and governments at all levels. More information is available at [ www.SallieMae.com ]. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.


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