BOSTON, MA--(Marketwire - Aug 9, 2012) - The First Marblehead Corporation (NYSE: [ FMD ]) plans to release its fourth quarter and fiscal year 2012 financial and operating results for the three- and twelve-month periods ended June 30, 2012 after the market closes on Tuesday, August 14, 2012. The Company will host a conference call later that day at 5:00 p.m. Eastern time to discuss its results. First Marblehead's Chairman and Chief Executive Officer 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 (866) 843-0890 in the United States or (412) 317-9250 from abroad and entering the pass code 7510821.

A replay will be available approximately one hour after completion of the call on First Marblehead's website or by dialing (877) 344-7529 from the U.S. or (412) 317-0088 from abroad, and entering the pass code 10017359. 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, please see [ 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, please see [ www.unionfsb.com ]. First Marblehead also offers outsourced tuition planning, billing, payment technology and refund management services through its subsidiary Tuition Management Systems LLC. For more information, please see [ www.afford.com ].

© 2012 The First Marblehead Corporation