FREDDIE MAC TO PROVIDE UPDATE ON THIRD QUARTER 2005 PERFORMANCE ON DECEMBER 1, 2005

McLean, VA – Freddie Mac (NYSE:FRE) today announced that the company will hold an investor conference call to discuss the company's third quarter 2005 business and preliminary financial performance following the NYSE market close on Thursday, December 1, 2005. As previously disclosed, the company will not release full third quarter 2005 financial results until the completion of further control work.

The conference call will begin at 4:30 p.m., Eastern Time. Before the call, investors are encouraged to review the company's press release and accompanying slide presentation to be used during the conference call. All of the materials will be available on the company's Web site at http://www.FreddieMac.com/investors.

To listen to the call, domestic investors should call 1-888-428-4474, and international investors should call 1-612-332-0634, approximately 10 to 15 minutes before the start of the call. The conference call will also be webcast live on Freddie Mac's Web site.

A telephone recording of this conference call will be available continuously beginning at approximately 9:00 p.m. Eastern Time on December 1, 2005, until midnight on December 15, 2005. To access this recording in the United States, call 1-800-475-6701 and use access code 805718. Outside of the United States, call 1-320-365-3844 and use access code 805718.

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 nearly four million renters in America.

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