FREDDIE MAC PRICES NEW $3 BILLION TWO-YEAR AND $3 BILLION FIVE-YEAR REFERENCE NOTES® SECURITIES

McLean, VA – Freddie Mac (NYSE: FRE) announced today that it priced its new 4.75% $3 billion two-year USD Reference Notes® security due on March 5, 2009. The issue, CUSIP number 3137EAAQ2, was priced at 99.880 to yield 4.813%, or 24.5 basis points more than two-year U.S. Treasury Notes.

Freddie Mac also announced that it priced its new 4.75% $3 billion five-year USD Reference Notes security due on March 5, 2012. The issue, CUSIP number 3137EAAR0, was priced at 99.850 to yield 4.784%, or 32.5 basis points more than five-year U.S. Treasury Notes. Both Reference Notes securities issues will settle on March 2, 2007.

The new two-year Reference Notes security was offered via a syndicate of dealers headed by Banc of America Securities, Credit Suisse and Lehman Brothers. The new five-year Reference Notes security was offered via a syndicate of dealers headed by Goldman Sachs Group, Lehman Brothers and UBS Investment Bank. An application was made to list the issues on the Euro MTF market of the Luxembourg Stock Exchange.

Including today’s offerings, Freddie Mac has issued $17 billion of Reference Notes securities during 2007 and has approximately $241 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 fulfills its mission by purchasing residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related 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 four million renters in America.

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