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Freddie Mac Prices Tender Offers of €Reference Notes® Securities

McLean, VA – Freddie Mac (NYSE: FRE) today announced that it has determined the purchase price for the approximately €4.278 billion of €Reference Notes® (the "Securities") tendered and accepted for purchase in connection with its fixed spread cash tender offers for the Securities, which expired at 5:00 p.m. London time, on Friday, June 19, 2009.

The Securities were priced for settlement on Thursday, June 25, 2009, as determined in the manner described in the Offer to Purchase dated June 15, 2009, by reference to the applicable fixed spread (listed below) over the applicable reference swap rate (listed below), plus an amount equal to any accrued and unpaid interest to, but excluding, the date of payment of the purchase price. The reference swap rate was determined at approximately 9:00 a.m. London time, June 22, 2009, as the interpolated (straight line) EURIBOR mid-swap rate to the maturity of the series of Securities based on the Reuters ICAPEURO screen (without rounding). All tendered securities must be delivered to one of the dealer managers no later than 12:30 p.m., London time, on June 25, 2009, the settlement date.

CUSIP / ISIN	Title of Security	Principal Amount Tendered (€millions)	Fixed Spread (bps)	Reference Swap Rate	Tender Offer Yield	Purchase Price per €1,000 Principal Amount	Accrued Interest per €1,000 Principal Amount
3134A35G7/ XS0117858323	5.75% Notes due September 15, 2010	€ 653.141	0 bps	1.56773%	1.56773%	€1,050.26	€44.58
31339QAE9/ XS0136341814	5.125% Notes due January 15, 2012	€ 1,457.686	0 bps	2.13253%	2.13253%	€1,073.63	€22.61
31339QAH2/ XS0154444870	4.75% Notes due January 15, 2013	€ 976.195	0 bps	2.53788%	2.53788%	€1,074.23	€20.95
31339QAA7/ XS0184595311	4.375% Notes due January 15, 2014	€ 1,190.534	0 bps	2.85258%	2.85258%	€1,064.08	€19.30
Total		€ 4,277.556

This announcement is neither an offer to sell nor a solicitation of offers to buy any of the Securities. Neither Freddie Mac, nor the dealer managers, nor the Information Agent, nor the Paris Agent make any recommendation that any holder of the Securities tender or refrain from tendering all or any portion of the principal amount of such holder's securities. Holders must make their own decisions whether to tender and Securities, and if so, decide on the principal amount of the Securities to tender. Freddie Mac's securities are obligations of Freddie Mac only. The Securities, including any interest or return of discount on the securities, are not guaranteed by and are neither debts nor obligations of the United States or any federal agency or instrumentality other than Freddie Mac. The offers are being made only upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 15, 2009.

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the United States by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.

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