UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 3, 2002
Federal Agricultural Mortgage Corporation
----------------------------------------------
(Exact name of registrant as specified in its charter)
Federally chartered
instrumentality of
the United States 0-17440 52-1578738
------------------------------- ------------ --------------
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
1133 Twenty-First Street, N.W., Suite 600, Washington, D.C. 20036
----------------------------------------------------------- ------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (202) 872-7700
No change
--------------------
(Former name or former address, if changed since last report)
Item 7. Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99 Press release dated June 3, 2002.
Item 9. Regulation FD Disclosure.
On June 3, 2002, the Registrant issued a press release to announce that the
recording of the May 31, 2002 conference call for its investors would be
available on the Registrant's website through the close of business on Friday,
June 7, 2002. The press release is filed as Exhibit 99 hereto and incorporated
herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FEDERAL AGRICULTURAL MORTGAGE CORPORATION
By: /s/ Jerome G. Oslick
---------------------------------
Name: Jerome G. Oslick
Title: Vice President - General Counsel
Dated: June 3, 2002
EXHIBIT INDEX
Exhibit No. Description Page No.
----------- ----------- --------
99 Press Release Dated June 3, 2002 5
Exhibit 99
NEWS
FOR IMMEDIATE RELEASE CONTACT
June 3, 2002 Jerome Oslick
202-872-7700
Farmer Mac Investor Conference Call on Website
Washington, D.C. -- The Federal Agricultural Mortgage Corporation (Farmer
Mac, NYSE: AGM and AGMA), the stockholder-owned instrumentality of the United
States chartered by Congress to establish a secondary market for agricultural
real estate and rural housing mortgage loans, announced today that the recording
of its Friday, May 31, 2002 conference call for Farmer Mac investors will
continue to be available on its website through the close of business on Friday,
June 7, 2002 to ensure that Farmer Mac's investors and the public at large have
access to a complete and accurate version of management's presentation and the
ensuing question-and-answer session.
In accordance with the notice provided by the Company's press release and
Form 8-K dated May 30, 2002, Farmer Mac's senior management conducted an
investor conference call on Friday, May 31, 2002, to reconfirm to its investors
and other members of the financial community its strong financial condition and
positive outlook. Farmer Mac also reaffirmed its prior guidance that it is on
track to meet or exceed analysts' expectations for both the second quarter and
the full year. In addition, any and all investors were invited to ask questions
and had ample opportunity to do so in a full and lively discussion. That
conference call was webcast on a real-time basis, and remains available for
replay, on the Company's website at http://www.farmermac.com. The Company will
continue to make the recording of the conference call available on its website
through the close of business on Friday, June 7, 2002.
Additional information about Farmer Mac is available on Farmer Mac's
website.
Forward-Looking Statements
This release includes forward-looking statements that reflect management's
current expectations for Farmer Mac's future financial results. Management's
expectations for Farmer Mac's future necessarily involve assumptions, estimates
and the evaluation of risks and uncertainties. Various factors could cause
actual events or results to differ materially from those expectations. Some of
the important factors that could cause Farmer Mac's actual results to differ
materially from management's expectations include uncertainties regarding: (1)
the rate and direction of the development of the secondary market for
agricultural mortgage loans; (2) the agricultural economy resulting from low
commodity prices, weak demand for U.S. agricultural products and crop damage
from natural disasters; (3) the effect on the agricultural economy of federal
assistance to farmers provided for in the recently-passed farm bill; and (4) the
possible establishment of additional statutory or regulatory restrictions on
Farmer Mac, such as restrictions on Farmer Mac's investment authority. These and
other factors are discussed in Farmer Mac's Annual Report on Form 10-K for the
year ended December 31, 2001, as filed with the Securities and Exchange
Commission on March 27, 2002, and in Farmer Mac's Quarterly Report on Form 10-Q
for the quarter ended March 31, 2002, as filed with the SEC on May 15, 2002. The
forward-looking statements contained herein represent management's expectations
as of the date of this release. Farmer Mac undertakes no obligation to release
publicly the results of any revisions to the forward-looking statements included
herein to reflect events or circumstances after today, or to reflect the
occurrence of unanticipated events.
****