New York Stock Exchange Inc. / The Depository Trust Company / FreddieNotes / ABN AMRO Financial Services Inc. / A.G. Edwards & Sons Inc. / Salomon Smith Barney UBS PaineWebber Inc. / Morgan Stanley & Co. Incorporated / Banc of America Securities LLC / Salomon Smith Barney Inc. / Securities Dealers Inc. / UBS PaineWebber Inc. / Freddie Mac / Global Agent / Cede & Co. / American Stock Exchange Inc. / Charles Schwab & Co. Inc. / Edward D. Jones & Co. L.P. / Prudential Securities Incorporated / /
U.S. Bank Trust National Association / U.S. Securities and Exchange Commission / Survivor Representative's Financial Institution / Financial Institution / US Federal Reserve / National Association of Securities Dealers / / /
Position
personal representative / correspondent in the United States / underwriter / general obligations / registrar / transfer agent and paying agent / Long Term Debt Securities Master Dealer / general terms / beneficial owner / appropriate representative / Representative / Dealer / purchasing agent / /
Product
Depository Participants / such FreddieNote / Book-Entry System / /
OFFERING CIRCULAR SUPPLEMENT DATED DECEMBER 31, 2003 (to Offering Circular Dated December 31, 2003) FreddieNotesSM* Due From Twelve Months to Thirty Years from Issue Date Periodically repayable on a restricted basis at t