Freddie Mac to Issue a New Two-Year Reference Notes® Security and $1 Billion Reopening of 0.875 % Three-Year Reference Notes Security

McLean, VA – November 30, 2010 – (RealEstateRama) — Freddie Mac (OTC: FMCC) announced today that it plans to issue a new two-year USD Reference Notes® security, CUSIP number 3137EACQ0, due on December 28, 2012. The issue will be priced on Wednesday, December 1, 2010, and will settle on Thursday, December 2, 2010, at benchmark size.

The new two-year Reference Notes security will be offered via a syndicate of dealers headed by Barclays Capital, Inc., Credit Suisse and Morgan Stanley. An application will be made to list the issue on the Euro MTF market of the Luxembourg Stock Exchange.

Additionally, the company also plans to launch a $1 billion reopening of its 0.875% three-year USD Reference Notes security that matures on October 28, 2013. The issue will price today, November 30, 2010, and will settle on Wednesday, December 1, 2010.

The $1 billion reopening of the 0.875% three-year Reference Notes security will be conducted via an Internet-based auction. The issue, CUSIP 3137EACL1, is listed on the Euro MTF market of the Luxembourg Stock Exchange. After the reopening, the outstanding size of the 0.875% three-year Reference Notes security will be $4.0 billion. All auction details and instructions can be found on Freddie Mac’s Debt Securities Web page, www.FreddieMac.com/debt/auctionrepurch/auctions.html.

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 Annual Report on Form 10-K for the year ended December 31, 2009, filed with the Securities and Exchange Commission (“SEC”) on February 24, 2010, and all documents that Freddie Mac files with the SEC pursuant to Section 13(a), 13(c) or 14 of the Securities Exchange Act of 1934, excluding any information “furnished” to the SEC on Form 8-K.

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 Annual Report on Form 10-K for the year ended December 31, 2009 and its reports on Form 10-Q and Form 8-K, filed with the SEC and available on the Investor Relations page of the company’s Web site at www.FreddieMac.com/investors and the SEC’s Web site at www.sec.gov .

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation’s residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.

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