Freddie Mac Declares Quarterly Dividends

MCLEAN, Va., Sept. 8 /PRNewswire-FirstCall/ -- The board of directors of Freddie Mac today declared a quarterly dividend on the corporation's voting common stock of $0.47 per share. The board also declared the following quarterly dividends on the corporation's preferred stock:

Description CUSIP NYSE Symbol Dividend Per Share 1996 Variable Rate 313 400 608 FRE.prB $0.60 6.14% (1997) 313 400 806 FRE.prD $0.7675 5.81% (1997) 313 400 889 Not Listed $0.72625 5% (1998) 313 400 863 FRE.prF $0.625 1998 Variable Rate 313 400 848 FRE.prG $0.60 5.1% (1998) 313 400 855 FRE.prH $0.6375 5.3% (1998) 313 400 822 Not Listed $0.6625 5.1% (1999) 313 400 814 Not Listed $0.6375 5.79% (1999) 313 400 830 FRE.prK $0.72375 1999 Variable Rate 313 400 798 FRE.prL $0.4475 2001 Variable Rate (Jan) 313 400 780 FRE.prM $0.49125 2001 Variable Rate (Mar) 313 400 764 FRE.prN $0.64528 5.81% (2001) 313 400 772 FRE.prO $0.72625 6% (2001) 313 400 749 FRE.prP $0.75 2001 Variable Rate (May) 313 400 756 FRE.prQ $0.48125 5.7% (2001) 313 400 731 FRE.prR $0.7125 5.81% (2002) 313 400 723 Not Listed $0.72625 2006 Variable Rate 313 400 715 FRE.prS $0.625 6.42% 313 400 699 FRE.prT $0.65092

The third quarter dividends will be payable on September 29, 2006, to stockholders of record as of September 18, 2006. For additional information about Freddie Mac, please see our Web site at http://www.freddiemac.com/investors.

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. http://www.freddiemac.com/