BOSTON, MA--(Marketwire - Jan 23, 2012) - The First Marblehead Corporation (NYSE: [ FMD ]) plans to release its financial and operating results for the three-month period ended December 31, 2011 after the market closes on Tuesday, January 31, 2012. The Company will host a conference call at 5:00 p.m. Eastern time on Tuesday, January 31, 2012 to discuss its results. First Marblehead's Chairman and CEO Daniel Meyers and Chief Financial Officer Ken Klipper will host the call.

Investors and other interested parties are invited to listen to the conference call via a simultaneous internet broadcast on the Company's website at [ www.firstmarblehead.com ], under "For Investors," or by dialing (800) 591-6942 in the United States or (617) 614-4909 from abroad and entering the pass code 88108199.

A replay will be available approximately two hours after completion of the call on First Marblehead's website or by dialing (888) 286-8010 from the U.S. or (617) 801-6888 from abroad, and entering the pass code 12448379. The replay will be available for two weeks.

About The First Marblehead Corporation - First Marblehead helps meet the need for education financing by offering national and regional financial institutions and educational institutions the Monogram^® platform, an integrated suite of design, implementation and credit risk management services for private label, customizable private education loan programs. For more information, go to [ www.firstmarblehead.com ]. First Marblehead supports responsible lending and is a strong proponent of the smart borrowing principle, which encourages students to access scholarships, grants and federally-guaranteed loans before considering private education loans; please see [ www.SmartBorrowing.org ]. Through its subsidiary, Union Federal Savings Bank, First Marblehead offers private education loans, residential and commercial mortgage loans, and retail savings, money market and time deposit products. For more information, go to [ www.unionfsb.com ]. First Marblehead also offers outsourced tuition planning, billing and payment technology services through its subsidiary Tuition Management Systems LLC. For more information, go to [ www.afford.com ].

© 2012 The First Marblehead Corporation