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Freddie Mac President and COO to Provide Business Update and Additional Financial Information at the Credit Suisse Financial Services Forum

McLean, VA – Eugene McQuade, president and chief operating officer of Freddie Mac (NYSE:FRE), will address the Credit Suisse Financial Services Forum in Naples, Fla., on Thursday, February 8, 2007 at 4:00 p.m., Eastern Time.

During his prepared remarks, Mr. McQuade will provide an update on the company's business results and financial information through the first three quarters of 2006. Mr. McQuade will discuss underlying trends in the company's credit guarantee business and retained portfolio. In addition, he will discuss market drivers and their impact on the company's financial results including gains (losses) on derivatives and gains (losses) on guarantee assets, as well as changes in fair value attributable to mortgage-to-debt option adjusted spread (OAS), guarantee asset and guarantee obligation.

A live webcast of the speech and the accompanying slide presentation will be available through a link on Freddie Mac's Investor Relations Web page at www.FreddieMac.com/investors. The webcast archive will be available beginning at approximately 4:00 p.m., Eastern Time, on Friday, February 9, 2007, and will remain available for 90 days.

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 more than four million renters in America.

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