FREDDIE MAC ANNOUNCES INITIAL INTEREST^SM FIXED-RATE GOLD PC REMIC ELIGIBILITY

McLean, VA – Freddie Mac (NYSE: FRE) announced today that beginning with August 2006 settlements in its REMIC program, Initial Interest^SM fixed-rate Gold Participation Certificate (PC) securities with the prefixes of H0 (10/20), H1 (15/15) and H2 (10/10) will be eligible to be used as assets to back REMIC securities.

Additionally, Freddie Mac will permit Initial Interest fixed-rate Gold PC securities and regularly amortizing fixed-rate Gold PC securities with the same coupon and term to be included within the same REMIC group.

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 offering circular 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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