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1-7/8% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS)

Ref CPI and Index Ratios for February 2005

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series C-2013
CUSIP NUMBER:                           912828BD1
DATED DATE:                             July 15, 2003
ORIGINAL ISSUE DATE:                    July 15, 2003
ADDITIONAL ISSUE DATE:                  October 15, 2003
MATURITY DATE:                          July 15, 2013
Ref CPI on DATED DATE:                  183.66452
TABLE FOR MONTH OF:                     February 2005
NUMBER OF DAYS IN MONTH:                28

CPI-U (NSA) October 2004                190.9
CPI-U (NSA) November 2004               191.0
CPI-U (NSA) December 2004               190.3

Month   Calendar Day    Year    Ref CPI       Index Ratio

February        1       2005    191.00000       1.03994
February        2       2005    190.97500       1.03980
February        3       2005    190.95000       1.03967
February        4       2005    190.92500       1.03953
February        5       2005    190.90000       1.03940
February        6       2005    190.87500       1.03926
February        7       2005    190.85000       1.03912
February        8       2005    190.82500       1.03899
February        9       2005    190.80000       1.03885
February        10      2005    190.77500       1.03871
February        11      2005    190.75000       1.03858
February        12      2005    190.72500       1.03844
February        13      2005    190.70000       1.03831
February        14      2005    190.67500       1.03817
February        15      2005    190.65000       1.03803
February        16      2005    190.62500       1.03790
February        17      2005    190.60000       1.03776
February        18      2005    190.57500       1.03763
February        19      2005    190.55000       1.03749
February        20      2005    190.52500       1.03735
February        21      2005    190.50000       1.03722
February        22      2005    190.47500       1.03708
February        23      2005    190.45000       1.03694
February        24      2005    190.42500       1.03681
February        25      2005    190.40000       1.03667
February        26      2005    190.37500       1.03654
February        27      2005    190.35000       1.03640
February        28      2005    190.32500       1.03626