MEDIA ADVISORY

Conference Call to Discuss Freddie Mac’s Updated Economic Forecast and Review 2003 Cash Out Refinance Report

WHO:	Frank Nothaft, chief economist, Freddie Mac
	Amy Crews Cutts, deputy chief economist, Freddie Mac
WHAT:	Conference call to be conducted once every quarter
WHEN:	February 9, 2004
	1:00 PM
WHERE:	United States: (888) 428-4480
	International: (651) 291-5254
	AUDIO WEBCAST
WHY:	Analyze how housing contributed to economic growth in 2003
	and how it will continue to contribute in 2004 and beyond.
	Media calls and questions are welcome.

Freddie Mac is a stockholder-owned corporation chartered by Congress in 1970 to create a continuous flow of funds to mortgage lenders in support of homeownership and rental housing. Freddie Mac purchases mortgages from lenders and packages them into securities that are sold to investors. Over the years, Freddie Mac has opened the doors for one in six homebuyers and two million renters across America.

###