FREDDIE MAC PRICES TENDER OFFERS OF €REFERENCE NOTES® SECURITIES

McLean, VA – Freddie Mac (NYSE: FRE) today announced that it priced approximately €3.0 billion of tendered €Reference Notes® securities. The tender offer period expired at 5 p.m. London Time, on Friday, December 7, 2007.

The offers were priced for settlement on Thursday, December 13, 2007 as determined in the manner described in the Offer to Purchase [PDF 104K] dated December 3, 2007, 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, December 10, 2007 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).

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
31339QAB5/ XS0193557138	3.750% €Reference Notes due July 15, 2009	€274.415	-15.0 bps	4.64816%	4.49816%	€988.58	€15.47
3134A35G7/ XS0117858323	5.750% €Reference Notes due September 15, 2010	€871.619	-10.0 bps	4.50571%	4.40571%	€1,033.97	€13.98
31339QAE9/ XS0136341814	5.125% €Reference Notes due January 15, 2012	€720.988	-10.0 bps	4.47456%	4.37456%	€1,027.47	€46.62
31339QAH2/ XS0154444870	4.750% €Reference Notes due January 15, 2013	€628.750	-7.0 bps	4.48158%	4.41158%	€1,015.05	€43.21
31339QAA7/ XS0184595311	4.375% €Reference Notes due January 15, 2014	€509.002	-3.0 bps	4.49942%	4.46942%	€994.98	€39.79
Total		€3,004.774

This announcement is neither an offer to sell nor a solicitation of offers to buy any of these securities. Neither Freddie Mac, nor the dealer managers, nor the Information Agents, nor the Paris Agent made 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. 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 tender offers were made only upon the terms and subject to the conditions set forth in the Offer to Purchase dated December 3, 2007.

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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