Reference Notes® Securities Auction Dealer Group

Freddie Mac has tentatively designated the following dealers as members of its Reference Notes® Securities Auction Dealer Group. All bids submitted in the auctions must come through these dealers.

To submit bids, investors and other dealers must pre-designate the dealers through which they wish to submit their bids. This step fosters consistent, accurate account identification and facilitates investor privacy (only designated dealers will see an account's name on the system). Investors must have a trading account in place with each dealer it designates. Investors without a trading relationship with any Dealer Group member must contact an intermediary dealer that has established a trading relationship with at least one Dealer Group member to participate in the auctions. See Investor and Intermediary Information for more information.

Dealer Group: Aiming to achieve widespread global distribution, Freddie Mac expects to accept orders through the following dealers.

ABN AMRO	Loop Capital Markets LLC
Banc of America Securities	Merrill Lynch
Barclays Capital, Inc.	Mizuho International, PLC
Blaylock & Partners, L.P.	Mitsubishi Securities International, PLC
BNP Paribas	Morgan Stanley
Citigroup Global Markets, Inc.	Nomura Securities International, Inc.
Credit Suisse First Boston	RBC Capital Markets
Deutsche Bank Securities Inc.	RBS Greenwich Capital
Dresdner Kleinwort Wasserstein	Toussaint Capital Partners
First Tennessee Capital Markets	UBS Investment Bank
Goldman Sachs Group	Vining Sparks
Guzman & Company	Wachovia Securities, Inc., L.P.
HSBC Securities	Williams Capital Group
JP Morgan Securities	Zions First National Bank
Lehman Brothers