FREDDIE MAC CHAIRMAN AND CEO DICK SYRON TO ADDRESS LEHMAN BROTHERS FINANCIAL SERVICES CONFERENCE

McLean, VA – Dick Syron, chairman and chief executive officer of Freddie Mac (NYSE: FRE), will address the 2004 Lehman Brothers Financial Services Conference in New York City on Wednesday, September 15, 2004 at 11 a.m. ET.

A live webcast of the speech will be available through a link on Freddie Mac’s Web site.

Freddie Mac is a stockholder-owned corporation 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 in America.

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