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V OFFERING CIRCULAR 8 000 000 Shares Freddie Mac 5 Non-Cumulative Preferred Stock Dividend Rate Payment Dates Dividend Adjustment Liquidation Preference Optional Redemption Issue Date Listing March 31 June 30 September 30 and December 31 of each year beginning June 30 1998 Dividend amount subject to adjustment upon certain adverse changes to dividendsreceived deduction prior to September 23 50 per share plus current dividends On or after March 31 2003 March 23 1998 New York Stock Exchange...

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