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Freddie Mac, Variable Rate Non-Cumulative Perpetual Preferred Stock, 2006

Ticker: FMCCS

Parent Ticker:

OTC Grey Market Temporary Ticker:

Issuance Date: 07/12/2006

1st Call Date: 06/11/2011

Maturity Date: None

Shares Issued: 0

Overallotment Shares: 0

Coupon:

Face Value: $50.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount:

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 31

S&P Rating: D

III Rating (In Regards to Dividend Safety Only):

Moody Rating: Ca

Fitch Rating: NR