FREDDIE MAC PRICES NEW $3 BILLION FIVE-YEAR REFERENCE NOTES® SECURITY

McLean, VA – Freddie Mac (NYSE: FRE) announced today that it priced its new 3.50% $3 billion five-year USD Reference Notes® security due on May 29, 2013. The issue, CUSIP number 3137EABJ7, was priced at 99.548 to yield 3.594%, or 105.5 basis points more than five-year U.S. Treasury Notes. The issue will settle on March 14, 2008.

The new five-year Reference Notes security was offered via a syndicate of dealers headed by Citigroup Global Markets, Inc., Deutsche Bank Securities, Inc. and Goldman Sachs Group. An application was made to list the issue on the Euro MTF market of the Luxembourg Stock Exchange.

Including today's offerings, Freddie Mac has issued $14 billion of Reference Notes securities during 2008 and has approximately $251 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 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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