Freddie Mac has priced the $2.75 billion cash offering portion of 4.125% five-year Reference Notes due July 12, 2010.The issue (CUSIP 3134A4VB7) was priced at 99.880 to yield 4.151%, or 28.5 basis points more than five-year U.S. Treasury notes. The settlement date is June 21. The remaining portion of the security is being issued in exchange for Reference Notes accepted by Freddie Mac pursuant to an exchange offer for five previously issued Reference Notes securities. Freddie Mac can be found online at http://www.freddiemac.com.

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