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For Immediate Release October
29,
2004
FREDDIE MAC WILL NOT USE ITS OPTIONAL TWO- OR THREE-YEAR REFERENCE NOTES® SECURITIES ISSUANCE WINDOW IN NOVEMBERMcLean, VA – Freddie Mac (NYSE: FRE) announced today that it will not use its optional two- or three-year Reference Notes® securities issuance window in November. Freddie Mac’s next Reference Notes securities announcement date will be on November 29, 2004. On that date, the company will announce plans for a five-year Reference Notes security and whether it will use its optional two- or three-year issuance window in December. Freddie Mac has issued $37 billion of Reference Notes securities during 2004. Since the beginning of the year, approximately $50 billion of the company’s Reference Notes securities have matured or have been bought back, leaving approximately $219 billion in Reference Notes and Reference Bonds® securities outstanding. This announcement is neither an offer to sell nor a solicitation of offers to buy any of these securities. Any such offering will be made only by an offering circular and pricing supplement. Freddie Mac is a stockholder-owned company established by Congress in 1970 to support homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage passthrough securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than two million renters in America. ###
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