4 2008-06-30 0 0001032033 SLM 0001065138 8obutun$ 12061 Bluemont Way Reston VA 20190 1 1 0 0 Vice Chairman & CEO Common Stock 2008-06-30 4 A 0 223116.481 19.3500 A 367703.4810 D Common Stock 2008-06-30 4 F 0 85752 19.3500 D 281951.4810 D Phantom Stock Units 2008-06-30 4 D 0 223116.48 19.3500 D 6567.8240 D Common Stock 2100.0000 I By Immediate Family The phantom stock units were distributed as SLM Corporation common stock pursuant to a one-time special election, made prior to December 31, 2007, offered to all participants in the Sallie Mae Deferred Compensation Plan for Key Employees. Payroll taxes were withheld from the distribution. By: Mary F. Eure (POA) 2008-07-02