Freddie Mac highlights

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Highlights of the restatement for the periods ended Dec. 31, 2002:|ret||ret||tab|

cumulative net income increased by $5 billion; |ret||ret||tab|

regulatory core capital increased by $5.2 billion; |ret||ret||tab|

stockholders' equity increased by $6.7 billion;|ret||ret||tab|

fair value of net assets (net of tax effect) grew $4.6 billion during 2002;|ret||ret||tab|

business fundamentals remain strong, with the retained portfolio growing at an annualized rate of 17 percent during the first nine months of 2003;|ret||ret||tab|

risks remain low, with September 2003 monthly average duration gap of negative one month;|ret||ret||tab|

the company expects to provide its 2002 annual report and hold its related annual stockholders' meeting in first quarter 2004; and|ret||ret||tab|

the company's objective is to release quarterly and full-year 2003 results by June 30, 2004, and to provide its 2003 annual report and hold its related stockholders' meeting as soon as practicable thereafter.|ret||ret||tab|

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