Freddie Mac Releases Quarterly Funding Announcement

Freddie Mac (NYSE: FRE) today issued its Quarterly Funding Announcement (QFA), detailing expected funding activity for the third quarter of 2006, as well as several funding program modifications and developments.

Freddie Mac's Quarterly Funding Announcement is available on the company's Web site at http://www.FreddieMac.com/debt.

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.

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