Freddie to Report 1&2Q Results

Freddie Mac has announced that it will release its financial results for the first and second quarters of this year after the close of the New York Stock Exchange Wednesday.The government-sponsored enterprise, which disclosed hedge accounting irregularities in January 2003 and has not made regular earnings reports since then, said it will hold a conference call at 5 p.m. Aug. 31 to discuss the first- and second-quarter results. Freddie Mac encouraged investors to review its press release, consolidated financial statements, core tables, and the accompanying slide presentation before the conference call. The materials will be available on Freddie's website after the NYSE market close. Freddie Mac can be found on the Web at http://www.freddiemac.com.