Freddie Mac Announces Reference Remic(R) Security Issue

MCLEAN, Va., June 15 /PRNewswire-FirstCall/ -- Freddie Mac (NYSE: FRE)
today announced its intention to issue its next Reference REMIC (R) security.
The company expects to offer $500 million of Reference REMIC Series R016, a
Guaranteed Maturity Class (GMC) with a final maturity date of June 15, 2018.
Reference REMIC Series R016 is expected to price on Thursday, June 19, 2008,
and settle on Tuesday, June 24, 2008.
J.P. Morgan Chase, Citigroup Global Markets, Inc. and Merrill Lynch will
serve as the lead underwriters for Reference REMIC R016. Co-managers of the
transaction will be Barclays Capital, Inc., Credit Suisse and Deutsche Bank
Securities, Inc. 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 "R016" 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.
Prospectus Department
Brooklyn Army Terminal
140 58th Street, Suite 8G
Brooklyn, New York 11220
(718) 765-6732

J. P. Morgan Securities Inc.
c/o Broadridge Financial Solutions
Prospectus Department
1155 Long Island Avenue
Edgewood, New York 11717
(631) 274-2635

Merrill Lynch, Pierce, Fenner & Smith Incorporated
Prospectus Department
44B Colonial Drive
Piscataway, New Jersey 08854
(732) 885-2760

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 February 28, 2008,
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.
SOURCE Freddie Mac

Media: Michael Cosgrove, +1-703-903-2123, or Investors: Bruce Bracco,
+1-571-382-4121, both of Freddie Mac