Freddie Mac Declares Quarterly Dividends
November 27,
2007
Contact:
corprel@freddiemac.com
or (703) 903-3933
McLean, VA – The board of directors of Freddie Mac (NYSE: FRE) yesterday declared a quarterly dividend on the corporation’s voting common stock of $0.25 per share. The fourth quarter dividend reflects a 50 percent reduction from the previous quarter as part of the company’s previously stated strategy of managing to its 30 percent mandatory target capital surplus and responding to regulatory concerns, while maintaining the flexibility to effectively manage its business.
The board also declared the following quarterly dividends on the corporation’s preferred stock:
| Description | CUSIP | NYSE Symbol | Dividend Per Share |
|---|---|---|---|
| 1996 Variable Rate | 313 400 608 | FRE.prB | 0.58 |
| 5.81% (1997) | 313 400 889 | Not Listed | 0.72625 |
| 5% (1998) | 313 400 863 | FRE.prF | 0.625 |
| 1998 Variable Rate | 313 400 848 | FRE.prG | 0.58 |
| 5.1% (1998) | 313 400 855 | FRE.prH | 0.6375 |
| 5.3% (1998) | 313 400 822 | Not Listed | 0.6625 |
| 5.1% (1999) | 313 400 814 | Not Listed | 0.6375 |
| 5.79% (1999) | 313 400 830 | FRE.prK | 0.72375 |
| 1999 Variable Rate | 313 400 798 | FRE.prL | 0.4475 |
| 2001 Variable Rate (Jan) | 313 400 780 | FRE.prM | 0.585 |
| 2001 Variable Rate (Mar) | 313 400 764 | FRE.prN | 0.63889 |
| 5.81% (2001) | 313 400 772 | FRE.prO | 0.72625 |
| 6% (2001) | 313 400 749 | FRE.prP | 0.75 |
| 2001 Variable Rate | 313 400 756 | FRE.prQ | 0.645 |
| 5.7% (2001) | 313 400 731 | FRE.prR | 0.7125 |
| 5.81% (2002) | 313 400 723 | Not Listed | 0.72625 |
| 2006 Variable Rate | 313 400 715 | FRE.prS | 0.73 |
| 6.42% (2006) | 313 400 699 | FRE.prT | 0.8025 |
| 5.9% (2006) | 313 400 681 | FRE.prU | 0.36875 |
| 5.57% (2007) | 313 400 673 | FRE.prV | 0.348125 |
| 5.66% (2007) | 313 400 665 | FRE.prW | 0.35375 |
| 6.02% (2007) | 313 400 657 | FRE.prX | 0.37625 |
| 6.55% (2007) | 313 400 640 | FRE.prY | 0.41847 |
The fourth quarter dividends will be payable on December 31, 2007, to stockholders of record as of December 17, 2007. For additional information about Freddie Mac, please see the company’s Web site at www.FreddieMac.com/investors.
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-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible more than 50 million times, ensuring financing for one in six homebuyers and more than four million renters.
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