The Bank of New York Mellon Selected by Freddie Mac as Designated Custodian

Agreement Encompasses Custody and Certification Services for Single-Family
Mortgages

NEW YORK, June 30 /PRNewswire-FirstCall/ -- The Bank of New York Mellon (NYSE:
BK), the global leader in asset management and securities servicing, has been
selected by Freddie Mac to serve as its Designated Custodian for documents
related to its single-family mortgage business. After a transition period,
Freddie Mac will cease to act as its own custodian for single family mortgage
documents.

As part of the agreement, The Bank of New York Mellon will receive, review and
certify, as required, the documents for single-family mortgages delivered to
Freddie Mac and provide other custodial services for documents in its custody.
The Bank of New York Mellon will begin providing such custodial and
certification services in October 2009.

"As the country's leading player in providing mortgage custody and loan level
support services, we have the capacity and expertise to handle Freddie Mac's
custody needs as it works on mortgage solutions with its lenders," said
Patrick Tadie, executive vice president and head of global structured credit
at The Bank of New York Mellon. "This mandate from one of the country's major
buyers of mortgage loans reflects our leadership role in and dedication to
supporting the government space."

The Bank of New York Mellon provides document custody services for mortgage
loan files from its service centers in New York, Texas and California, as well
as locations in Europe and Asia-Pacific. Freddie Mac's documents will be held
in custody at the Bank's center in Texas.

The Bank of New York Mellon's corporate trust business services nearly $12
trillion in outstanding debt from 57 locations around the world. It services
all major debt categories, including corporate, municipal and sovereign debt,
mortgage-backed and asset-backed securities, derivative securities and
international debt offerings. The bank does not compete with investment banks
and deal arrangers, which allows it to provide issuers, investors, borrowers
and lenders with an independent and objective service for their transactions.

The Bank of New York Mellon Corporation is a global financial services company
focused on helping clients manage and service their financial assets,
operating in 34 countries and serving more than 100 markets. The company is a
leading provider of financial services for institutions, corporations and
high-net-worth individuals, providing superior asset management and wealth
management, asset servicing, issuer services, clearing services and treasury
services through a worldwide client-focused team. It has $19.5 trillion in
assets under custody and administration, $881 billion in assets under
management, and processes global payments averaging $1.8 trillion per day.
Additional information is available at www.bnymellon.com.

SOURCE The Bank of New York Mellon Corporation

Kevin Heine, The Bank of New York Mellon Corporation, +1-212-635-1590,
kevin.heine@bnymellon.com