FREDDIE MAC PRICES $3 BILLION REFERENCE REMIC^SM R-004

McLean, VA – Freddie Mac (NYSE:FRE) today announced that it priced $3.0 billion of Reference REMIC^SM R-004, Class AL, CUSIP 31396GG70, a Guaranteed Maturity Class (GMC) with a class coupon of 5.125% and a final maturity date of December 15, 2013. The GMC issue was priced at 99.839843750 to yield 5.1653%, or 85 basis points over the interpolated Treasury curve. Settlement is scheduled for Tuesday, January 24, 2006. Freddie Mac guarantees the principal and interest on its Reference REMIC securities.

Bear, Stearns & Co. Inc., Credit Suisse and RBS Greenwich Capital served as the lead underwriters for Reference REMIC R-004.  Co-managers of the transaction were Barclays Capital, Inc., Goldman, Sachs & Co., JP Morgan, Lehman Brothers, Merrill Lynch & Co. and Morgan Stanley.  The transaction also involved a selling group.

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 by an offering circular and related supplements and offering circular supplements.

Freddie Mac is a stockholder-owned corporation 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 nearly four million renters.

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