MCLEAN, Va., July 22 /PRNewswire-FirstCall/ -- Freddie Mac (NYSE: FRE)
today announced the timeframe for submitting stockholder proposals in
connection with Freddie Mac's annual stockholders' meeting.
As previously announced, Freddie Mac expects to publish an annual report
for 2003 in late September 2004 and to hold Freddie Mac's related annual
stockholders' meeting in November 2004. At this time, Freddie Mac is
announcing the timeframe for submission of stockholder proposals in order to
provide stockholders with the opportunity to submit stockholder proposals to
be considered for inclusion in the company's proxy statement for the annual
meeting. Proxy materials and Freddie Mac's 2003 annual report will be mailed
to stockholders by the company's transfer agent in accordance with Freddie
Mac's bylaws and NYSE rules.
Stockholder Proposals to be Included in Freddie Mac's Proxy Statement
To be considered for inclusion in the proxy statement, stockholder
proposals must be submitted in writing to Corporate Secretary, Freddie Mac,
8200 Jones Branch Drive MS 200, McLean, Virginia 22102 and received by Freddie
Mac by August 27, 2004. The procedural requirements for submitting proposals,
as well as a description of Freddie Mac's process for addressing stockholder
proposals, are available on the company's Web site.
Stockholder Proposals to be Introduced from the Floor of the Annual
Meeting and Director Nominations
As required by the company's bylaws, stockholder proposals to be
introduced from the floor during the annual meeting, and stockholder
nominations of candidates for election as directors, must be submitted in
writing to Corporate Secretary, Freddie Mac, 8200 Jones Branch Drive MS 200,
McLean, Virginia 22102 by a date to be announced by Freddie Mac at the time
that it announces the date of the annual meeting. The requirements for
stockholder proposals to be introduced from the floor during the annual
meeting, as well as the requirements for nominations of candidates for
directors, are also available on the company's Web site.
Freddie Mac is a stockholder-owned company established by Congress in 1970
to support homeownership and rental housing. Freddie Mac fulfills its mission
by purchasing residential mortgages and mortgage-related securities, which it
finances primarily by issuing mortgage-related securities and debt instruments
in the capital markets. Over the years, Freddie Mac has made home possible
for one in six homebuyers in America.
Freddie Mac's earnings releases and other financial disclosures are
available on the Investor Relations page of our Web site at
http://www.FreddieMac.com/investors.
SOURCE Freddie Mac
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Related links:
http://www.freddiemac.com/investors
http://www.freddiemac.com
CONTACT:
Media: Michael Cosgrove, +1-703-903-2123, or
Investors: Linda Eddy Lundberg, +1-571-382-4973, both of Freddie
Mac
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