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  Nationally Recognized Statistical Rating Organization
  S & P Moody's Fitch
Senior Long-Term Debt AA+ Aaa AAA
Short-Term Debt A-1+ P-1 F1+
Preferred Stock1 D Ca C
Outlook Stable Stable Negative

1. Does not include senior preferred stock issued to Treasury.

Ratings are not a recommendation to purchase, hold or sell securities and may be changed, suspended or withdrawn at any time by the assigning rating agency. Freddie Mac's current ratings and the rating outlooks currently assigned to Freddie Mac are dependent upon economic conditions and other factors affecting credit risk that are outside the control of Freddie Mac. Each rating should be evaluated independently of the others. Detailed explanations of the ratings may be obtained from the rating agencies. The information above was obtained from information available on the websites of the rating agencies. Freddie Mac makes no representations or warranties with respect to the information contained herein and takes no responsibility for supplementing, updating or correcting any such information.