Nikkei up 2.2 pct, led by exporters on U.S. GDP

*Nikkei up 2.2 percent, lifted by strong U.S. GDP data

*Fujifilm plunges after cutting outlook

*Banks rise after rally in Fannie Mae and Freddie Mac (Adds stocks and comment)

By Taiga Uranaka

TOKYO, Aug 29 (Reuters) - The Nikkei average rose 2.2 percent on Friday, led by exporters such as Canon Inc (7751.T) as surprisingly strong U.S. GDP data helped soothe concerns about the health of the world's biggest economy. [ID:nN28278433]

Fujifilm Holdings (4901.T) plunged after slashing its annual operating profit forecast by nearly a quarter. [ID:nT63086]

All top three banks, including No.1 lender Mitsubishi UFJ Financial Group (8306.T), gained more than 3 percent after troubled U.S. housing financing giants and bond insurers jumped on Wall Street.

"With good U.S. GDP and sharp gains in Fannie and Freddie shares, investor worries have been eased for now," said Norio Shimura, deputy head of the equity department at Chuo Securities, referring to U.S. mortgage financing firms Fannie Mae (FNM.N) and Freddie Mac (FRE.N).

"There is also the expectation that foreign investors will come back to the market after the Labor Day holiday," he said. The U.S. market will be closed on Monday.