FREDDIE MAC TO ISSUE NEW $3 BILLION TWO-YEAR AND $3 BILLION FIVE-YEAR REFERENCE NOTES® SECURITIES IN MARCH

McLean, VA – Freddie Mac (NYSE: FRE) announced today that it plans to issue two new Reference Notes® securities in March.  The company will issue a new $3 billion two-year USD Reference Notes security, CUSIP number 3137EAAQ2, due on March 5, 2009. The company will also issue a new $3 billion five-year USD Reference Notes security, CUSIP number 3137EAAR0, due on March 5, 2012. Both issues will be priced on March 1, 2007, and will settle on March 2, 2007.

The new two-year Reference Notes security will be offered via a syndicate of dealers headed by Banc of America Securities, Credit Suisse and Lehman Brothers. The new five-year Reference Notes security will be offered via a syndicate of dealers headed by Goldman Sachs Group, Lehman Brothers and UBS Investment Bank.  An application will be made to list the issues on the Euro MTF market of the Luxembourg Stock Exchange.

Including today's offerings, Freddie Mac has issued $17 billion of Reference Notes securities during 2007 and has approximately $241 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 more than four million renters in America.

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