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2% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS)

Ref CPI and Index Ratios for May 2006

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series A-2014
CUSIP NUMBER:                           912828BW9
DATED DATE:                             January 15, 2004
ORIGINAL ISSUE DATE:                    January 15, 2004
ADDITIONAL ISSUE DATE:                  April 15, 2004
MATURITY DATE:                          January 15, 2014
Ref CPI on DATED DATE:                  184.77419
TABLE FOR MONTH OF:                     May 2006
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) January 2006                198.3
CPI-U (NSA) February 2006               198.7
CPI-U (NSA) March 2006                  199.8

Month   Calendar Day    Year    Ref CPI       Index Ratio

May             1       2006    198.70000       1.07537
May             2       2006    198.73548       1.07556
May             3       2006    198.77097       1.07575
May             4       2006    198.80645       1.07594
May             5       2006    198.84194       1.07613
May             6       2006    198.87742       1.07633
May             7       2006    198.91290       1.07652
May             8       2006    198.94839       1.07671
May             9       2006    198.98387       1.07690
May             10      2006    199.01935       1.07709
May             11      2006    199.05484       1.07729
May             12      2006    199.09032       1.07748
May             13      2006    199.12581       1.07767
May             14      2006    199.16129       1.07786
May             15      2006    199.19677       1.07806
May             16      2006    199.23226       1.07825
May             17      2006    199.26774       1.07844
May             18      2006    199.30323       1.07863
May             19      2006    199.33871       1.07882
May             20      2006    199.37419       1.07902
May             21      2006    199.40968       1.07921
May             22      2006    199.44516       1.07940
May             23      2006    199.48065       1.07959
May             24      2006    199.51613       1.07978
May             25      2006    199.55161       1.07998
May             26      2006    199.58710       1.08017
May             27      2006    199.62258       1.08036
May             28      2006    199.65806       1.08055
May             29      2006    199.69355       1.08074
May             30      2006    199.72903       1.08094
May             31      2006    199.76452       1.08113