FREDDIE MAC PRICES $1.125 BILLION REFERENCE REMIC^SM R009

McLean, VA – Freddie Mac (NYSE:FRE) today announced that it priced $1.125 billion of Reference REMIC^SM R009, Class AJ, CUSIP 31397BMQ1, a Guaranteed Maturity Class (GMC) with a class coupon of 5.75% and a final maturity date of December 15, 2018. The GMC issue was priced at 99.640625 to yield 5.8589%, or 110 basis points over the interpolated Treasury curve. Settlement is scheduled for Monday, October 23, 2006. Freddie Mac guarantees the principal and interest on its Reference REMIC securities.

Citigroup Global Markets, Inc., Credit Suisse and Goldman Sachs Group served as the lead underwriters for Reference REMIC R009. Co-managers of the transaction were Barclays Capital Inc., Bear, Stearns & Co. Inc. and Merrill Lynch. The transaction also involved a selling group.

Information about the REMIC, of which the GMC is a part, is available in the Offering Circular Supplement on the Mortgage Securities page of the company's Web site at www.FreddieMac.com/mbs. The Offering Circular Supplement can be obtained by entering "R009" in the REMIC Prospectus Lookup box.

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 by an offering circular and related supplements, which incorporate Freddie Mac's Information Statement and related supplements.

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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