FREDDIE MAC TO EXPAND DISCLOSURE ON PC SECURITIES

Company Will Provide Loan-Level Disclosure for Newly Issued Single-Family PC Securities

McLean, VA – Freddie Mac (NYSE:FRE) today announced that by the end of the fourth quarter of 2005 the company intends to expand disclosures on its single-family mortgage Participation Certificate (PC) securities to provide loan-level information at issuance for all newly issued fixed-rate and adjustable rate mortgage (ARM) PC securities.

"Providing loan-level disclosures will expand Freddie Mac's capabilities and competitiveness in the market, and demonstrates our continuing commitment to transparent disclosure," said Patricia Cook, executive vice president – Investments & Capital Markets. "The expanded disclosures also will support our mission to provide liquidity, stability and affordability to America's home financing system."

Monthly updates to PC securities disclosures will continue to be available at the pool level for new and previously issued PC securities. Freddie Mac also will describe the corresponding algorithms that utilize the loan-level data to compute PC disclosure.

Freddie Mac expects to announce in the near future the specific loan-level variables to be disclosed. The company will be working closely with data providers to accommodate the expanded disclosures.

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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