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For Immediate Release October
15,
2007
FREDDIE MAC ANNOUNCES REFERENCE REMIC® SECURITY ISSUEMcLean, VA – Freddie Mac (NYSE: FRE) today announced its intention to issue its next Reference REMIC® security. The company expects to offer $500 million of Reference REMIC Series R014, a Guaranteed Maturity Class (GMC) with a final maturity date of October 15, 2014. Reference REMIC Series R014 is expected to price on Thursday, October 18, 2007, and settle on Tuesday, October 23, 2007. "Freddie Mac is dedicated to providing a constant source of liquidity, stability and affordability to the mortgage market," said Mark Hanson, vice president, mortgage funding. "Traditionally, Freddie Mac's Reference REMIC securities have been at least $1 billion in size. In consultation with our lead underwriters, we feel the market is best served with a smaller offering at this time." Citigroup Global Markets, Inc., Merrill Lynch & Co. and Morgan Stanley will serve as the lead underwriters for Reference REMIC R014. Co-managers of the transaction will be Barclays Capital, Inc., Deutsche Bank Securities, Inc. and J.P. Morgan Chase. The transaction will also involve 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 "R014" in the REMIC Prospectus Lookup box. Copies of the Offering Circular Supplement can also be obtained from the underwriters at the following addresses: Citigroup Global Markets, Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. Incorporated This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac's Information Statement and related supplements. Freddie Mac's press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements can be found in the company's Information Statement dated March 23, 2007, and related Information Statement Supplements, which are available on the Investor Relations page of the company's Web site at www.FreddieMac.com/investors. 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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