FREDDIE MAC PRICES NEW $3 BILLION 10-YEAR REFERENCE NOTES® SECURITY

McLean, VA – Freddie Mac (NYSE: FRE) announced today that it priced its new 5.00% $3 billion 10-year USD Reference Notes® security due on April 18, 2017. The issue, CUSIP number 3137EAAS8, was priced at 99.826 to yield 5.022%, or 37 basis points more than 10-year U.S. Treasury Notes. The issue will settle on April 5, 2007.

The new 10-year Reference Notes security was offered via a syndicate of dealers headed by Goldman Sachs Group, Lehman Brothers and Merrill Lynch. An application was made to list the issue on the Euro MTF market of the Luxembourg Stock Exchange.

Including today's offerings, Freddie Mac has issued $21 billion of Reference Notes securities during 2007 and has approximately $238 billion in Reference Notes and Reference Bonds® securities outstanding.

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 only by an offering circular and pricing supplement.

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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